The State Minister for industry, David Bahati is not happy that commercial banks in the country continue to raise their prime lending rates blaming it on the ‘rising’ inflation, which he said, is just one of unjustifiable excuses they are using to deny Ugandans credit. “Commercial banks are having a lot of excuses. The excuses…
The Tourism, Trade and Industries Committee of parliament has slammed the Uganda National Bureau of Standards-UNBS for failing to protect consumers against the proliferation of fake goods on the market. UNBS is mandated to enforce standards in the protection of public health, safety and the environment against dangerous, counterfeit and substandard products. The Bureau also…
In a bid to ease transportation of learners to and from school, Uganda Revenue Authority (URA) has donated a motorboat worth Shillings 115 million to Bwama Island Primary School in Kitumaba sub-county in Kabale District. The donation was handed over by the URA Commissioner General, John Rujoki Musinguzi the to the school headteacher, Robert Kakyoma…
Government has said that compensation of the more than 1,000 tobacco farmers in Bunyoro sub-region who had been denied payment since 2017 by private companies is expected to start in two weeks. The Minister of State for Industry, David Bahati, blamed the delay in payments to the verification process aimed at ascertaining the affected farmers.…
Parliament’s finance committee has rejected the 200,000 Shillings license on cars and 50,000 Shillings for motorbikes. thecapitaltimes.co.ug has learnt. Last week, the minister of Finance, Matia Kasaija tabled tax measures seeking to make amendments to a number of bills including, Excise Duty Act, External Trade Act, Fish Act, Income Tax Act, Mining Act, Stamp Duty…
Members of Parliament have rejected a move by Finance State Minister, David Bahati, to provide finances for running newly approved cities in the country through a motion and instead demanded for a substantive amendment to the Appropriation Act. Minister Bahati had brought a motion for a resolution of Parliament authorizing Government to transfer funds initially…
Uganda Police Force together with sister security agencies have arrested and detained Ronald Bagyenda a social media blogger from Kabale Town over allegations of breaching the Computer Misuse Act. Bagyenda was arrested in the wee hours of Wednesday April 29, 2020 and transferred to Criminal Investigations department headquarters Kibuli for interrogation. According to an Insider…
