• Contact Us
  • About Us
  • Advertise
  • Donate
  • Login
Watchdog Uganda
Advertisement
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
Watchdog Uganda
No Result
View All Result

I didn’t need Tumwebaze’s presence to sign the coffee agreement, says Finance Minister Kasaija

Stephen Kalema by Stephen Kalema
3 years ago
in Agriculture, National, News
24 0
Finance Minister Matia Kasaija

Finance Minister Matia Kasaija

ShareTweetSendShare

The Minister of Finance and Economic Development Matia Kasaija has revealed that he did not need the presence of the  Minister of Agriculture, Animal Industry and Fisheries Frank Tumwebaze to sign the coffee export agreement between the government of Uganda and Uganda Vinci Coffee Company Limited.

During an interview with CBS FM radio station on Friday, Kasaija said his ministry is the one responsible for industrializing the country not the Ministry of Agriculture.

“I don’t need to tell him because the task of industrializing this country is on me that is why we have the full minister of investment here, so I don’t need to tell the Minister of Agriculture if I’m supposed to sign an investment agreement. Maybe we shall send him a copy of the agreement,” he said.

Kasaija added that those opposing the agreement must come with valid evidence in writing to the ministry but not using social media.

“If the Members of Parliament think that this agreement is a fraud, let them come with the evidence in written form.”

Kasaija’s reactions follows a recent Twitter post by Minister Tumwebaze saying that he was not part of the coffee agreement that has become controversial in the public domain.

“Clarification: A Note to journalists calling me & seeking to know more about the coffee agreement recently signed between @GovUganda with one investor; be advised that neither myself nor @MAAIF_Uganda is a party/ privy to that agreement,” the Minister tweeted on Wednesday.

“.. So I advise, that all queries regarding the same be directed to the ministry of finance ( @mofpedU ) for correct information & reporting. Thank you!”

Early this week, a section of opposition Members of Parliament also called for the termination of the agreement in question citing a lack of legality.

The MPs led by the Shadow Minister for Agriculture, Dr Abed Bwanika (Kimaanya – Kabonera Division) challenged the legality of the agreement since it was entered into without the involvement of Parliament and the Attorney General.

Bwanika argued that the act of ratifying the agreement without the approval of parliament is an attempt to hijack the powers of the legislative body, by illegally assuming the authority to regulate coffee prices.

“By so doing, that means that Vinci has powers to regulate coffee prices. We want to remind Ugandans that we operate a liberalized economy, and this agreement contravenes the constitution. The people of Uganda must be allowed the freedom to trade in coffee and any other commodities,” Bwanika said.

Richard Lumu, the parliamentary representative for Mityana South decried the whole process of ratifying the agreement, also arguing it was entered into without the approval of parliament, an indicator of contempt of the legislative body.

“This is a satanic agreement; what is in this agreement is usurping the powers of Parliament which is supposed to debate each concession or agreement where the Government of Uganda is going to commit Ugandans. This had been hidden,” said Lumu.

“If Vinci wanted to take the monopoly of coffee export, it would have complied with the PPDA Act. The Minister of Finance as a senior citizen should have known that an agreement of this nature should have been debated [and approved] by Parliament,” he added.

The agreement in question was signed on February 10th, 2022 and it gives Uganda Vinci Coffee Company Limited a monopoly over the purchase and export of coffee from Ugandan farmers.

The company was also given a 10-year tax holiday as well as a subsidized power tariff of 5 cents per unit of power for 10 years.


Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com

Share5Tweet3SendShare

Related Posts

News

President Museveni calls on Africa to defend family values and secure economic sovereignty 

9th May 2025 at 19:52
Conversations with

HAKIM KYESWA: Bobi Wine’s Tribal Hypocrisy, A Failed Attempt to Rewrite History

9th May 2025 at 09:15
Business

Africa AI Summit 2025 at Speke Resort Munyonyo Highlights AI’s Role in Continent’s Future

8th May 2025 at 21:56
Next Post
Brig Gen Charity Bainababo

Brig Gen Charity Bainababo: Here are interesting facts you didn't know about the new SFC Deputy Commander

  • Prostitution in Uganda- Courtesy Photo

    10 dangerous hotspots known for prostitutes in Kampala

    973 shares
    Share 389 Tweet 243
  • Sudhir’s son Rajiv Ruparelia perishes in fatal motor accident 

    47 shares
    Share 19 Tweet 12
  • President Museveni proposes neutral Tororo city as compromise in Japadhola-Iteso dispute 

    18 shares
    Share 7 Tweet 5
  • President Museveni applauds Dei Biopharma Founder Dr. Magoola over US patent for cancer treatment

    14 shares
    Share 6 Tweet 4
  • President Museveni calls for action against key bottlenecks undermining public service

    14 shares
    Share 6 Tweet 4
Facebook Twitter

Contact Information

Watchdog Uganda is a portal for solution journalism, trending news plus cutting edge commentaries in the fields of politics, security, business, tourism, entertainment, technology, agriculture, climate change, environment, public health et al. We also give preference to Ugandan community news and topical discussions. The portal also publishes community news and topical discussions.

Email: editorial@watchdoguganda.com
To Advertise:Click here

Latest News

President Museveni calls on Africa to defend family values and secure economic sovereignty 

9th May 2025 at 19:52

HAKIM KYESWA: Bobi Wine’s Tribal Hypocrisy, A Failed Attempt to Rewrite History

9th May 2025 at 09:15

Check out

  • Trending
  • Comments
  • Latest
Minister Muruli Mukasa

LIST: New salary structure for civil servants starting July 2020 out; scientists, lecturers get juicy pay rise

24th May 2020 at 10:45
Pregnant woman

Shock as 17-year old boy impregnates his two sisters during Covid-19 lockdown 

17th June 2020 at 08:17
Sudhir Ruparelia has dominated the Uganda rich list for more than a decade

Billionaire Sudhir’s wisdom on how to invest in real estate

0

How a boy’s destiny turned from cotton grower to communications guru

0

President Museveni calls on Africa to defend family values and secure economic sovereignty 

9th May 2025 at 19:52

HAKIM KYESWA: Bobi Wine’s Tribal Hypocrisy, A Failed Attempt to Rewrite History

9th May 2025 at 09:15

© 2025 Watchdog Uganda

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News

© 2025 Watchdog Uganda