Trade Permanent Secretary summoned over procurement irregularities

The Committee on Trade, Tourism and Industry is taking action to address alleged procurement irregularities within the Ministry of Trade, Tourism and Cooperatives.Under the leadership of Hon. Mwine Mpaka, the committee has decided to summon, the Permanent Secretary, Geraldine Ssali as they…

KCCA on the spot over misallocation of Shs12 billion

The Committee on National Economy is dissatisfied with Kampala Capital City Authority's (KCCA) decision to utilise a Shs12 billion roads loan for staff capacity enhancement and retooling and community mobilization. As officials from the authorities within the Kampala Metropolitan area appeared…

New law increases share capital for foreign exchange business

Investors in the foreign exchange business will now be required to have a minimum paid up share capital of Shs200 million to carry out the business of dealing in money transfers.This is provided for in the Foreign Exchange (Amendment) Bill, 2023 that was passed by Parliament during plenary on…

MPs concerned over implementation of new school curriculum

Kalungu West County Member of Parliament, Hon. Joseph Ssewungu, wants the Ministry of Education and Sports to provide schools with learning materials in line with the new curriculum, saying that several learners are still using old materials.Government introduced the new lower secondary school…

Delayed security deployment frustrating - Kasese MPs

Following the suspected rebel attack on a school in Kasese that left 43 people dead, legislators from the district have poked holes into government’s response to beef up security.On Friday 16, June 2023, rebels of the Allied Democratic Forces attacked Lhubiriha Mpondwe Secondary School, setting…

House passes Bill to kick start Islamic Banking

The enactment of the Income Tax Amendment Bill No.2 of 2023 has cleared all legal roadblocks to the commencement of Islamic banking products in Uganda.Parliament on Tuesday, 27 June 2023 stood over the Income Tax Bill following disagreement over clause 1 of the Bill, which defines interest in the…

President assents to Anti-Homosexuality Act

President Yoweri Museveni has assented to the Anti-Homosexuality Act, 2023.The President signed the bill into law on 26 May 2023.The law was initially passed by Parliament on 22 March 2023, having been introduced as Private Members Bill by Bugiri Municipality Member of Parliament, Hon. Asuman…

MPs inch closer on start of Islamic banking

MPs inch closer on start of Islamic banking

Parliament has passed a series of Bills to harmonise issues relating to Islamic Banking products, only setting aside the Income Tax Amendment Bill for committee and government concurrence.In its sitting on Tuesday June 27, 2023 chaired by Speaker Anita Among, the Bills were passed to clear the way…

Africa deserves permanent seats on UN Security Council - Deputy Speaker

BRUSSELS, BELGIUM - The Deputy Speaker of Parliament, Thomas Tayebwa, has called for the creation of two permanent seats for Africa at the United Nations Security Council, in renewed calls for the body’s reforms.Speaking at the 63rd Organisation of African, Caribbean, and Pacific States (OACPS) -…

Speaker Among calls for investigation into Masaka murders

Speaker Anita Among has directed the Minister of Internal Affairs to investigate the recent killings in Bukoto County, Masaka District where five family members were murdered on Friday 23, June 2023.Among said the unfortunate incident is just one of the several murders registered in the country…

MPs disagree with Central Bank on Shariah Advisory Council

Lawmakers have rejected Bank of Uganda’s (BoU) proposal to remove the Shariah Advisory Council requirement for Islamic Banking in Uganda under the Financial Institutions Act.According to BoU, a Sharia scholar appointed to the central bank's Shariah Advisory Council should possess knowledge and…