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WHAT TO LOOK FORWARD TO IN 2023

Friday, January 6th, 2023


Credit: Freepik

The New Year always comes with new resolutions. While many of us are possibly drafting our vision boards and letting go of past mistakes, the new year is not void of new experiences and fun-filled expectations. Here are a few things we can look forward to seeing in the new year. 

  • New Laws

A few Bills are still tabled by parliament and are yet to be passed into law. As mentioned previously, we can look forward to seeing the changes that will be made to the Museum and Monuments Bill of 2022 as the H.E. President Museveni sent the bill back to the table. with recommendations up to be discussed by the house. Here are a few Bills to look out for; The National Sports Bill 2021, Competition Bill 2022, Employment Amendment Bill 2022, and the National Aid Bill 2022. 

  • Constitutional Reforms 

It appears that constitutional and electoral reforms are at the top of the opposition’s resolution list for the year 2023. The Opposition in Parliament mentioned that their focus for the next session of Parliament will be on pushing for constitutional and electoral reforms which have been tabled as an afterthought. This venture will include the establishment of the Constitutional Review Commission to help with this. 

  • Re-opening of schools. 

The past three years have been the most unpredictable for the education system. With the covid pandemic causing a complete shutdown, the Ebola outbreak caused the premature closing of schools before the expected term’s end last year. As previous reports showed the high rise in teenage pregnancies throughout the pandemic, this could be another concern for the year 2023. The question as to whether we are losing yet another year of education or not remains to be answered. Will the Ministry of Education and Sports announce the opening of our schools come February? 

  • New developments for SAACOs 

If you belong or are thinking of forming a SAACO, then you are in luck. The Speaker of Parliament, Anita Among, instructed the House Committee on Finance which is currently considering the Microfinance Deposit-Taking Institutions (Amendment) Bill, 2022, to ensure the inclusion of laws protecting Members of Savings and Credit Cooperatives (SACCOs). She advocated for interventions that can enable the growth and transformation of the numerous Merry-go-rounds these also included the Rotating Savings and Credit Association (ROSCA), Accumulating Savings and Credit Associations (ASCA), and Village Savings and Loan Association (VSLA). Currently, the Microfinance Deposit-Taking Institutions (Amendment) Bill, 2022, has been tabled for first reading. We can look forward to new developments in that regard. 

  • Economic Recovery

It is quite clear that with everything that has happened this year, the economy is not the happiest. The Ministry of Finance stated earlier this year that the budget for the financial year 2022/2023 would mainly focus on addressing health and economic challenges presented by the COVID-19 global pandemic. The Ebola outbreak has not helped this endeavour in any way. It should be expected that the next year will be better for all Ugandan citizens and business owners as a whole. 

With that said, what are you looking forward to this new year?