Block 7

MPs Approve 6.4Bn Budget For Capital Market Authority

Members of Parliament on the finance committee have approved the Shs6.4 billion budget for the Capital Markets Authority (CMA) for the Financial Year 2022/2023. Led by the Minister of State Finance (Planning), Hon Amos Lugoloobi, the CMA leadership appeared before the committee on Wednesday, 19 January 2022 to present the authority’s budget priorities for the…

Minister Kasaija Cited In Fradulent Transfer Of Environmental Funds

Members of Parliament on the Natural Resources Committee have criticised the Minister of Finance, Planning and Economic Development, Hon Matia Kasaija, for diverting the Environmental Fund from National Environmental Management Authority (NEMA) to the Consolidated Fund, saying this has crippled  NEMA’s operations. MPs said the fund was lawfully established to assist NEMA restore the environment…

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