• Latest
Kasaija Condemns Opposition: Tension Could Hamper Business

Kasaija Condemns Opposition: Tension Could Hamper Business

8 years ago
Museveni Pledges $500bn Economic Leap, Rejects Politics of Age and Careerism

Museveni Pledges $500bn Economic Leap, Rejects Politics of Age and Careerism

10 hours ago
Museveni Duly Nominated as Sole Candidate for NRM Chairman and 2026 Flagbearer

Museveni Duly Nominated as Sole Candidate for NRM Chairman and 2026 Flagbearer

12 hours ago
Magogo Re-Elected FUFA President, Sets Bold Agenda for 2025–2029 Term

Magogo Re-Elected FUFA President, Sets Bold Agenda for 2025–2029 Term

13 hours ago
Pictorial: Vibe, Dance and Fanfare as Museveni Arrives for NRM Nomination

Pictorial: Vibe, Dance and Fanfare as Museveni Arrives for NRM Nomination

13 hours ago
TikTok Tops Traffic: A Snapshot of Uganda’s Social Media and Streaming Platform Usage

TikTok Tops Traffic: A Snapshot of Uganda’s Social Media and Streaming Platform Usage

1 day ago
Among Faces Kadaga as Key Contenders Vie for NRM Entrepreneurs League Vice Chair

Among Faces Kadaga as Key Contenders Vie for NRM Entrepreneurs League Vice Chair

1 day ago
SoftPower News
Sunday, July 6, 2025
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
SoftPower News
No Result
View All Result
Home News

Kasaija Condemns Opposition: Tension Could Hamper Business

by Paul Ampurire
October 19, 2017
Kasaija Condemns Opposition: Tension Could Hamper Business

Finance Minister Matia Kasaija speaking at a news conference on Thursday

1
VIEWS

The Minister of Finance Matia Kasaija has lashed out at politicians in the opposition for inciting violence during their Age Limit campaign that in turn could frustrate business in the country. He condemned the brawl that broke in Parliament weeks ago and the subsequent ‘illegal’ protests both of which create a risky economic environment and scares investors.

Speaking at a news conference at the Ministry of Finance headquarters on Thursday, Kasaija noted that “money hates noise”, making reference to the tense political climate that the opposition have caused in the wake of the proposed removal of constitutional Presidential age limits.

Related Stories

Museveni Pledges $500bn Economic Leap, Rejects Politics of Age and Careerism

Museveni Duly Nominated as Sole Candidate for NRM Chairman and 2026 Flagbearer

Magogo Re-Elected FUFA President, Sets Bold Agenda for 2025–2029 Term

“This is our country. We can either build it or break it. As servants, we are obliged to serve the interests of the masses who are our masters,” he commented.

The Minister accused opposition MPs of “gagging” those supporting the Age Limit Bill.

“You don’t have to gag someone for you to talk. Those fellows attempted a coup on the Speaker and I condemn them,” he said.

Kasaija said that the opposition is using the ongoing constituency consultations on the Bill to hold rallies that contravene with the law. The law, he said, demands that anyone organizing an event informs the Police of the date and venue.

“You are are inconveniencing people, interrupting traffic, disrupting people’s businesses and security. Who will take responsibility when people are killed at a rally?” Kasaija further stated.

“Don’t indicate to the world that the country is on fire. Money hates noise. Don’t use inflammatory language and go around inciting violence,” the Minister cautioned the opposition.

Police engaged in running battles with masses who were attending an opposition rally in Rukungiri on Wednesday and two people were shot dead. A day before, similar clashes had broken out in Kampala where police fired rounds of teargas as opposition MPs held consultations.

The tense political climate in an economy whose growth was revised to the lowest (3.9%) in the 2016/17 financial year due to drought is likely to affect the foreign exchange rates. The Uganda Shilling has in recent weeks been weakened by import pressures and offshore investors could negatively react to the political jittery.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


The reCAPTCHA verification period has expired. Please reload the page.

Recent Stories

Museveni Pledges $500bn Economic Leap, Rejects Politics of Age and Careerism

Museveni Duly Nominated as Sole Candidate for NRM Chairman and 2026 Flagbearer

Magogo Re-Elected FUFA President, Sets Bold Agenda for 2025–2029 Term

Pictorial: Vibe, Dance and Fanfare as Museveni Arrives for NRM Nomination

TikTok Tops Traffic: A Snapshot of Uganda’s Social Media and Streaming Platform Usage

Among Faces Kadaga as Key Contenders Vie for NRM Entrepreneurs League Vice Chair

Stanbic Bank Ad
SoftPower News Logo

SoftPower News is a subsidiary of SoftPower Communications LLC, a Ugandan digital media group. Keep posted of the latest from Uganda and East Africa.
Plot 4B Malcolm X, Kololo
P.O Box 1497, Kampala - Uganda
Tel: +256-392-001-701
Email: info@softpower.ug

This news site is licenced by Uganda Communications Commission (UCC)

ADVERTISEMENT
Stanbic Remittance Ad
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
  • Regional
  • Defence & Security
  • Sport
  • Entertainment
  • More

© SoftPower News

error: Content is protected
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women

© SoftPower News