Govt abandons Shs 200,000 vehicle tax, slaps Shs 100 on fuel
April 23, 2021 Govt now has slapped Shs 100 tax per litre of fuel
Government has abandoned a proposal imposing a Shs 200,000 annual license on vehicles, and instead introduced Shs 100 tax per litre of fuel starting next financial year.
This was revealed by Finance minister in charge of planning David Bahati who was appearing before the parliamentary finance committee chaired by Henry Musasizi. Government had also proposed a Shs 50,000 annual license fee for motorbikes under Traffic and Road Safety Amendment Bill 2021.
According to Bahati, although government has critical expenditure pressures, it is constrained to generate resources through borrowing, yet government needs to maintain the current levels of revenue generated.
Akamwesi boss dismisses claims of receiving Covid-19 cash
Thursday April 22 2021
Summary
Speaking to journalists in Kampala, Mr Kamunyu said the money, which he borrowed from UDB had been advanced to him specifically to build a shopping mall along Gayaza road and has never accessed any money to invest in agribusiness and processing.
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Businessman Fred Kamunyu and proprietor of Akamwesi Hostels, has dismissed claims that he inappropriately received Covid-19 money and diverted it.
The money, which is channeled through Uganda Development Bank (UDB), is part of the Covid-19 stimulus funds that seek to support recovery of struggling businesses.
Mr Kamunyu’s claims come on the back of accusations by a section of Members of Parliament on the Finance Committee, who allege that whereas UDB advanced him Shs20b to invest in among others, agribusiness and processing, he had used the money to construct a mall.
Daily Monitor
Thursday April 15 2021
Summary
But MPs on the Finance Committee asked Finance minister Matia Kasaija why UDB was lending the money to city businessmen instead of lending it to manufacturers in agro-business sector, private schools and hospitals that were hit badly by Covid-19.
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Officials from the Ministry of Finance yesterday came under fire from lawmakers who are investigating alleged misallocation of Shs500b Covid-19 stimulus package.
The money in question was channelled through the Uganda Development Bank (UDB) for access in form of loans to the private sector.
But MPs on the Finance Committee asked Finance minister Matia Kasaija why UDB was lending the money to city businessmen instead of lending it to manufacturers in agro-business sector, private schools and hospitals that were hit badly by Covid-19.
Daily Monitor
Wednesday February 24 2021
An enumerator (left) records data of a family during the 2014 population census in Kampala. PHOTO/FILE
Summary
According to the MPs on the finance committee where Ubos officials were presenting their annual performance report yesterday, the unemployment rates being released by the government agency does not reflect the actual reality on ground.
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Members of Parliament (MPs) yesterday tasked Uganda Bureau of Statistics (Ubos) to conduct accurate research to reflect the actual unemployment situation in the country.
According to the MPs on the finance committee where Ubos officials were presenting their annual performance report yesterday, the unemployment rates being released by the government agency does not reflect the actual reality on ground.
Daily Monitor
Sunday January 17 2021
NRM presidential candidate Yoweri Museveni addresses a gathering in Busia Town on December 1, 2020. PHOTO | KELVIN ATUHAIRE.
Summary
President Museveni clinched his sixth term of office after beating 10 other opponents. If he serves the entire term, the victory will see him serve as President for a period of 40 years. Derrick Kiyonga explores how the NRM candidate managed to win.
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In 1996, when President Museveni was casting his vote in the presidential race, he sported military attire.
He asked the voters to enable him make that transformation from a military leader into a civilian president.
Mr Museveni won easily by shrugging off competition from Democratic Party’s (DP) Paul Kawanga Semogerere.