Commercial Banks now have now registered 19 million accounts and this information can be used to tell the size of the taxable section of Ugandan. Moses Kaggwa, from the Ministry of Finance, says that informality is one of the challenges highlighted in the fight to increase domestic revenue collections, as the bigger share of the private sector is held by informal enterprises.
Speaking to the Deputy Minister of Trade of Turkey Riza Tuna Turagay, at the sidelines of the ongoing Uganda-Turkey Investment, Trade and Tourism summit at Munyonyo Commonwealth Resort, Museveni said companies irrespective of who owns them, are beneficial to the country’s economic transformation.
Gen Katumba Wamala said that although the driver of the bus Paul Ssempagala had over 20 years’ experience as a bus driver with no recorded crash history or reckless driving, he was captured by police CCTV moving at a speed of 99km per hour above the prescribed speed limit of 80 kilometers per hour.
Irene Batebe, the Permanent Secretary in the Ministry revealed that a total investment of about US$20M which will come from both the public and private sector has been earmarked for this fund to enable the public to access upfront capital for clean cooking solutions.
Sam Kyomukama, an officer in charge of the police protection unit for the Kigezi region says that he has already visited the area and confirmed that the company is directly draining contaminated water and mud into the stream, a tributary to river Kiruruma.
Busujju County MP David Lukyamuzi raised the matter in Parliament on Thursday, saying that the government contracted Tisan Company in 2019, to supply and distribute electricity in Kitongo parish. Mityana District. He, however, added that the project was abandoned after covering only 50 per cent of the planned area.
In Uganda, 80 per cent of households in the country are involved in agriculture, with rural communities having even bigger numbers, however, only a fifth of these receive extension services, according to FRI. The inadequate extension services make it difficult for farmers in Uganda to get access to reliable, up-to-date information about regenerative and circular agriculture.
The observation was made during a meeting on Thursday between the committee and officials from the Uganda Virus Research Institute (UVRI) as part of an inquiry into queries raised by the Office of the Auditor-General, regarding expenses made during the financial year 2020/2021.