Browsing: Parliament Of Uganda

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…

ICT Ministry Wants 70 Bn To Implement Parish Development Model Programme

The Ministry of Information, Communication, Technology and National Guidance is seeking Shs70.6 billion to implement the Parish Development Model (PDM). Cabinet approved the implementation of PDM as the delivery strategy for transitioning households out of the subsistence economy with effect from 01 July 2021. The ICT Ministry was charged with the responsibility of spearheading Pillar…

Big Story: Legislature Moves To Kick BoU Top Officials Out Of Juicy Positions Over ‘Dubious Sale Of Crane Bank, Seven Commercial Banks’

The Parliament of Uganda through Igara East Member of Parliament, Hon Michael Mawanda is working on a, ‘Constitution (Amendment) Bill, that seeks to, among others, remove the Governor and Deputy Governor of Bank of Uganda from being Chairperson and Vice Chairperson respectively of the Central Bank. According to Hon. Mawanda, the decision making authority is…

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