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By Benjamin Jumbe Government has made several commitments aimed at reducing the country’s public debt burden. As at the end of December 2021, Uganda’s total public debt stock stood at Shs. 73.5 trillion, out of which external debt amounted to Shs. 45.7 trillion and domestic debt amounted to Shs. 27.7 […]

By Ritah Kemigisa Former Kazo Member of parliament Gordon Bafaki died in a last night accident that happened along the northern Bypass in Kampala. His death has been confirmed by the deputy speaker Thomas Tayebwa in a tweet. According to Tayebwa, Bafaki was an assertive legislator who pushed for the […]

By Ritah Kemigisa Teachers under their umbrella body, Uganda National Teachers Union-UNATU have announced a sit down strike that kicks off today. In a statement the UNATU general secretary Filbert Baguma says they are aggrieved by the discriminatory salary enhancements. While presenting the national budget on Tuesday, Finance Minister Matia […]

No new taxes will be introduced in Financial Year 2022/23, finance minister Matia Kasaija has reechoed, arguing that government will achieve revenue targets by improving the efficiency in tax collection and enhancing compliance to tax  laws. According to him, the capacity of the Uganda Revenue Authority (URA) will be enhanced […]

By Benjamin Jumbe The government has revealed that it cannot influence prices whose changes are caused by external shocks. The remark has been made by finance minister Matia Kasaija during the reading of the national budget for FY 2022/23. “Government cannot influence price levels whose changes are driven by external […]