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Oct 2020 5 results
19:44
19:44

Education Ministry Fails to Convince MPs on Radio Procurement radios 1 3

Led by the Minister of State for Planning David Bahati and the Minister of State for Higher Education John Chrysostom Muyingo, the officials appeared to justify the need for government to procure 9 million radio set receivers as one of the strategies of supporting long-distance learning given that schools are closed due to Covid-19 pandemic.
18:53
18:53

Budget Committee Recommends UGX 2.6BN for Ugandan Embassy in Angola 1 3

Members of Parliament sitting on the Budget Committee today unanimously agreed to approve a supplementary budget allocation of 2.657 billion Shillings to enable the Ministry of Foreign Affairs establish an Embassy of Uganda in Angola.
16:45
16:45

MPs Threaten to Suspend Loan Approvals 5 1

The committee chairperson Syda Bbumba noted with concern that a number of projects have stalled despite the loans being approved and this was as a result of delays by government to release funds.
09:27
09:27

MPs Ask Gov’t to Prevail Over Commercial Banks on Loan Repayments Bank of Uganda 4 1

The MPs led by the Kampala Central MP Mohammed Nsereko point out that businesses have been financially crippled by the COVID-19 lockdown and deserve a major bailout in order to stay afloat.
07:12
07:12

BoU Opposes Gov’t Proposal to Borrow from Domestic Market COVID-19 4 1 Top story

Domestic Borrowing is done through the issuance of government securities like treasury bills which are short term debt instruments with tenures ranging from 91, 182 and 364 days and treasury bonds with a maturity period of more than a year.
Oct 2020 5 results