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Uganda , Tuesday 23 January 2018

News Uganda » Finance: Surprises in 2018 Uganda budget

News channel or source: https://www.independent.co.ug/surprises-2018-budget/
Publication date: onday 22 January 2018

Kampala, Uganda | JULIUS BUSINGE | For years now ... As the 2018/19 budget making process reaches its mid-point this January, the Ministry of Finance has released the Budget Framework Paper (BFP) indicating that this budget could have the most dramatic ...

News Uganda » Finance: M2 Cobalt Completes Acquisition of Seven Exploration Licenses in Uganda, East Africa and Launches Exploration Program in Uganda

News channel or source: https://finance.yahoo.com/news/m2-cobalt-completes-acquisition-seven-163000787.html
Publication date: onday 22 January 2018

The proceeds of the Receipts will be used by the Company to advance exploration efforts in Uganda, and to satisfy working capital requirements of the Transaction. Management Changes In connection with completion of the Transaction, Thomas Lamb has been ...

News Uganda » Finance: Uganda: Finance Committee to Review Cipla MOU With Kenya

News channel or source: http://allafrica.com/stories/201801170169.html
Publication date: uesday 16 January 2018

Kampala — Upon learning that up to today, the 2015 Memorandum of Association (MoU) between Cipla Quality Chemicals and the Kenyan government has not taken effect, the parliamentary committee on finance, planning and economic development has pledged its ...

News Uganda » Finance: Uganda funds 70% of her budget - Rugunda

News channel or source: https://www.newvision.co.ug/new_vision/news/1468918/uganda-funds-budget-rugunda
Publication date: Friday 12 January 2018

KAMPALA - Prime Minister Ruhakana Rugunda has said Uganda’s growth trajectory over the years has led to the widening of the taxbase, allowing the Government to finance critical areas of economic take-off. He cited the energy and road infrastructures as ...

News Uganda » Finance: Uganda gets 94.52 mln USD road loan from AfDB

News channel or source: http://www.xinhuanet.com/english/2018-01/20/c_136909277.htm
Publication date: Friday 19 January 2018

since this is a transformative project that will contribute to social economic development and poverty reduction in eastern Uganda and western Kenya," said the state minister of finance for investment, Evelyn Anite. According to the AfDB officials ...

News Uganda » Finance: Islamic finance boosts intra-African trade

News channel or source: https://www.gtreview.com/news/africa/islamic-finance-boosts-intra-african-trade/
Publication date: uesday 16 January 2018

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic ... Sierra Leone, Sudan, Tunisia and Uganda. A spokesperson for Afreximbank tells GTR that the structure of the deal involves ITFC providing the facility to support trade ...

News Uganda » Finance: Uganda receiving U.S. $94.52 million dollars road loan from AfDB

News channel or source: http://www.coastweek.com/4103-Uganda-receiving-US-94-million-dollar-road-loan-from-AfDB.htm
Publication date: onday 22 January 2018

since this is a transformative project that will contribute to social economic development and poverty reduction in eastern Uganda and western Kenya,” said the state minister of finance for investment, Evelyn Anite. According to the AfDB officials ...

News Uganda » Finance: BRIEF-China Wuyi Expects To Win Road Construction Contract Worth 893 Mln Yuan In Uganda

News channel or source: https://sg.finance.yahoo.com/news/brief-china-wuyi-expects-win-112544184.html
Publication date: hursday 11 January 2018

Jan 12 (Reuters) - China Wuyi Co Ltd: * SAYS IT EXPECTS TO WIN ROAD CONSTRUCTION CONTRACT WORTH 893 MILLION YUAN ($138.30 million) IN UGANDA Source text in Chinese: http://bit.ly/2mlmEUS Further company coverage: ($1 = 6.4568 Chinese yuan renminbi ...

News Uganda » Finance: Rwanda Bypasses Uganda for its own Standard Gauge Railway Line

News channel or source: http://www.newsofrwanda.com/featured2/32688/rwanda-bypasses-uganda-for-its-own-standard-gauge-railway-line/
Publication date: Sunday 14 January 2018

Uganda finance minister Matia Kasaija later told Bloomberg news in May 2017 that China’s Export-Import Bank will only fund the project if Kenya extends its line to the border, Malaba. In other words, the Uganda government was telling the Kenyans that ...

News Uganda » Finance: COMMENT: Uganda’s big dreams, small purse

News channel or source: http://www.nigeriatoday.ng/2018/01/comment-ugandas-big-dreams-small-purse/
Publication date: Wednesday 17 January 2018

This has compelled the government to resort to other sources to finance the deficit which has averaged about 4 per cent of the Gross Domestic Product (GDP) since 2010. As a result, Uganda’s stock of public debt has almost tripled in the last ten years ...