Kampala, Uganda | Julius Businge | As government and oil companies continue to negotiate on oil deals ahead of production, civil society organisations under their umbrella group, Civil Society Budget Advocacy Group (CSBAG) have come out to advise on how oil revenues should be used. At a meeting in Kampala held last …
Read More »KASAIJA: We are stuck with 300 newly created sub-counties
Kampala, Uganda | THE INDEPENDENT | Government is stuck with newly created administrative units across the country. “Government is currently stuck with about 300 newly created sub-counties and 200 Town Councils over lack of money to fund their operations,” Finance Minister Matia Kasaija revealed recently. He made the remarks during …
Read More »BOU Governor Mutebile decries low private sector credit uptake
Kampala, Uganda | THE INDEPENDENT | Bank of Uganda Governor Prof. Emmanuel Tumusiime-Mutebile has said Uganda’s private sector credit remains low at 12% of country’s Gross Domestic Product, an issue that has led to slow business growth. Private sector credit challenges According to Mutebile, in most cases it’s only large corporate …
Read More »MPs question transformational role of Operation Wealth Creation
Serere, Soroti | THE INDEPENDENT | Although Government initiatives such as Operation Wealth Creation (OWC) and Youth Livelihood Program (YLP) were established in a bid to alleviate poverty and transform Ugandans, Members of Parliament (MPs) have said such initiatives have not achieved their intended targets, adding that the impact of …
Read More »Gov’t urged to promote good governance in NDP III
Kampala, Uganda | THE INDEPENDENT | Activists participating in drafting the third phase of the National Development Plan want the plan to promote good governance for socio-economic transformation of the country. The plan replaces the Poverty Eradication Action Plan (PEAP) which ended in 2010 to guide the country’s development programmes in …
Read More »Why Bududa budgeted sh100 only for disaster response
Kampala, Uganda | THE INDEPENDENT | One hundred shillings sounds too small an amount but it is the amount Bududa district has in its budget for disaster preparedness. The disaster-prone district says it needs about twenty-four billion shillings but it cannot raise it locally. Bududa District Secretary For Social Services, …
Read More »CSBAG applauds gov’t on budget transparency
Kampala, Uganda | THE INDEPENDENT | The Civil Society Budget Advocacy Group-CSBAG has applauded government’s open engagements with the public on the issues of budget accountability. Speaking at the Budget Week exhibition by government Ministries Departments and Agencies at Kololo airstrip, CSBAG Executive Director Julius Mukunda said they were proud …
Read More »Over Sh28 billion Youth Livelihood Funds to be lost, Audit report reveals
Out of UGX38.8 bn that was disbursed to 5,505 groups, on average, only 26.7% was recovered from the youth country wide. Kampala, Uganda | THE INDEPENDENT | A 2018 audit report by the Office of the Auditor General (OAG) has revealed that almost Sh28.4billion may never be recovered as …
Read More »ECONOMISTS: Overshooting govt expenditure will distort planning
Kampala, Uganda | THE INDEPENDENT | Economists have warned against over running government budgets saying the move will distort government’s planning processes. Recently, the Ministry of Finance, Planning, and Economic Development (MoFPED) released the Economic Performance report for January 2019. The report revealed that government spent Shs1.286 trillion instead of …
Read More »CSOs warn about Sh2.7 trillion tax arrears
Escalating tax arrears likely to hurt service delivery, CSOs warn Kampala, Uganda | THE INDEPENDENT | Civil Society Organizations (CSOs) have expressed concern over the growing tax arrears worth Sh2.7 trillion which government has failed to pay on behalf of contractors. Regina Navuga, a program officer at Southern and Eastern …
Read More »