Budget speech read, no tax increments

The minister of finance Maria Kiwanuka has announced tax cuts on some household items mainly sugar and kerosene. Excise duty on kerosene has been abolished while that on sugar has been cut by 50% in a move expected to reduce the prices of sugar. She has also announced VAT tax exempts on solar energy supply and ambulances, to promote increase access. In a bid to improve agriculture hoes have been exempt from taxes as a decision taken by all EAC partner states. The minister also listed elaborate measures aimed at improving agriculture production to check the current high food prices, with Shs133 billion allocated to NAADS and Shs 5 billion set aside for irrigation. To check unemployment Shs 44 billion …

President to address nation today

President Yoweri Museveni is expected to deliver the State of the Nation Address┬átoday . The address gives an update on the status of the country, highlighting the social-economic and political aspects, among others. He will be expected to speak out on the status of the economy, the skyrocketing food prices and the agriculture sector, which is the back bone of the country as well as the health sector, which remains ailing. The President will also be expected to speak out on the security and stability of the country, with growing threat of terrorism. His address comes at a time when Uganda is facing tough economic times, with the inflation rate hitting 16% mark, that Uganda has not seen in over …

Obua apologises to the nation

Uganda Cranes player and Hearts forward David Obua has apologized to the nation, his coach and team over his unbecoming conduct during the weekend game. Obua threw a tantrum, pulling off his shirt and throwing it on the turf after being substituted during the Uganda Crane game against Guinea Bisau. Speaking during the Uganda Sports Press Association General Assembly today, Obua regretted the incident and said he was frustrated after being substituted. He has pledged to control his emotions better in future and said that day’s walk to the dressing room was the longest he ever took. Obua was fronted by the Cranes Captain Ibrahim Sekajja, Deputy Captain Andy Mwesigwa and the goal keeper Denis Onyango. Sekajja said the team …

Ssebagala storms out of handover ceremony

The handover ceremony for the office of the Kampala Mayor was this morning dramatic, with the outgoing mayor Alhajji Nasser Ntege Sssegala accused of holding on to some assets. Ssebaggala was handing over to the KCC Executive Director Jennipher Musisi and the Lord Mayor Erias Lukwago. Trouble however ensued after Ssebagala was asked to handover the Town Clerk’s house at Plot 1 Sezibwa Road. Ssebagala said that he has plans of purchasing the house and stormed out of the meeting when the two officials insisted on having the house handed over. The Executive Director told Ssebaggala that he has no authority over the house since he is not the holder of its title and lease and has not been its …

Ministers being sworn in

The swearing in of new ministers is on going at┬áStatehouse Entebbe. First to be sworn in were the Vice President Edward Ssekandi and Prime Minister Amama Mbabazi. Others are the three deputy prime ministers including, Eriya Kategaya, Henry Muganwa Kajura and Moses Ali. Also sworn in are Finance Minister Maria Kiwanuka, State minister of finance general duties Fred Omach, for microfinance Caroline Amali Okao and state minister for planning Matia Kasaija. Wilson Muruli Mukasa and Aston Kajara have also been sworn in for security and privatisation respectively. Taking oath today, are 71 ministers who were vetted and approved by the Appointments committee of Parliament last week. Four out of the 75 ministers vetted are reportedly not on the confirmed list …