Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning, and Economic Development will extend the penalties given to accounting officers to cover all forms of underperformance. Earlier this month, the Permanent Secretary Ramathan Ggoobi dismissed more than 100 accounting officers, mostly local government officials, after they failed to beat the …
Read More »Local gov’t accounting officers fault system errors for delayed budget submission
Kampala, Uganda | THE INDEPENDENT | A section of local government accounting officers from Acholi sub-region have attributed delays in submitting their budget estimates for FY2022/23 to system errors on the Ministry of Finance Programme Budgeting System [PBS] software. This comes days after the Permanent Secretary in the Ministry of Finance, …
Read More »URA to impose VAT on Facebook, Netflix
Kampala, Uganda | THE INDEPENDENT | To maximize tax collection, Uganda Revenue Authority has established mechanisms to start collecting VAT from non-resident service provider companies operating in the Ugandan economy. Collection of VAT from these companies is starting effective 1st July 2022, and will focus on all electronic service providers. These …
Read More »Ramathan Ggoobi urges PR practitioners
Kampala, Uganda | THE INDEPENDENT | As public relations practitioners, you need to understand or remind yourselves about the editorial policies of media houses to be able to drive messages to your respective audiences. PR strategies can also achieve goals when practitioners understand editorial policies. PR practitioners should get facts from their …
Read More »Lawyers petition court to quash agreement between gov’t, Vinci coffee company
Kampala, Uganda | THE INDEPENDENT | Two lawyers have petitioned the High Court Civil Division to quash an agreement between the government and Uganda Vinci Coffee Company Limited on grounds that it is illegal and irrational. Henry Byansi and Michael Aboneka are challenging the agreement signed by Ramathan Ggoobi, the Secretary …
Read More »Commissioning of Lubowa specialized hospital postponed to 2024
Kampala, Uganda | THE INDEPENDENT | Ugandans will have to wait for another two years for the commissioning of the long-awaited Lubowa specialized hospital because of delayed civil works. Ramathan Ggoobi, the Finance Ministry Permanent Secretary and Secretary to the Treasury disclosed this while announcing the release of funds to government agencies …
Read More »IMF clears Uganda for UGX455Bn credit after good performance
Kampala, Uganda | THE INDEPENDENT | The International Monetary Fund-IMF, has given Uganda a clean bill of health regarding the handling of the COVID-19 pandemic, the funds and the economy as a whole. For this, the Fund’s board has allowed for the immediate release of 127 million US Dollars (about 455 …
Read More »Gov’t to track progress of post Covid-19 interventions
Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance has proposed establishing a mechanism to track the beneficiaries of interventions that helped Uganda recover from the effects of Covid-19. Among the initiatives that were put in place by the government include the Emyooga program, small recovery fund, SACCO money through the …
Read More »MPs criticise Shs43 trillion budget proposals over misalignment of gov’t priorities
Kampala, Uganda | THE INDEPENDENT | Government has revised the Budget Framework Paper presenting the latest to Parliament’s Committee on Budget, with a Shs43 trillion spending wish for financial year 2022/23. The Budget Framework Paper provides an indication of government spending priorities and lineates boundaries within which agencies must make budget proposals. …
Read More »Can tough talking Ggoobi jumpstart new economic era?
Kampala, Uganda | THE INDEPENDENT | As the government begins to peg its development agenda on the lower administrative units, it has noted challenges it has to deal with to avoid a repeat of past failures. These challenges include clashes with communities or landlords over land that the government targets for …
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