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MPs find UDB violating parliamentary guidelines in lending Covid-19 stimulus funds

By Francis Lubega 20th April 2021 The Parliamentary Finance Committee has noted disappointments by the Uganda Development Bank (UDB) Executive Director Patricia Ojangole for violating the set parliamentary guidelines of lending the Covid-19 stimulus package. UDB has for the last couple of months been criticized for putting unnecessary conditions that cannot be fulfilled by most […]

Minister Onek, UN disagrees on refugees’ food procurement

By Ben Musanje 20th April 2021   The Minister for Relief, Disaster Preparedness and Refugees Eng. Hilary Onek and the United Nations (UN) agencies have disagreed over the quality and procurement of food for the refugees.   This was during an announcement of a 36 billion shillings contribution by the Japanese Government towards refugees and […]

UNOC wants 81Bnshs in the next year’s budget

By Francis Lubega 20th April 2021 Uganda National Oil Company-UNOC is seeking for 81billion shillings for budget support in the next financial year 2021/2022. Appearing before the parliamentary Financial Committee, the UNOC Executive Director Proscovia Nabbanja said their next financial year falls short of 81bnshs and only 48bnshs has been provided out of the requested […]

Japan extends UGX 36bn to Uganda for supporting refugees

By Ben Musanje 20th April 2021   The Japanese Government has again contributed 9.8 million US Dollars, approximately 36 billion Shillings to support refugees and host communities as well as border security with a strong focus on mitigating the Covid-19 impacts, over a period of one year from April 2021 to March 2022.   The […]