Kampala, Uganda | THE INDEPENDENT | Parliament’s Public Accounts Committee (PAC) has grilled officials from the Ministry of Public Service over delayed reforms of the current Public Service Pensions Scheme. Led by Catherine Bitarakwate the Ministry’s Permanent Secretary, the officials on Tuesday appeared before the committee to answer audit queries …
Read More »PAC tasks Auditor General to carry out forensic audit on Gulu University
Kampala, Uganda | THE INDEPENDENT | Parliament’s Public Accounts Committee (PAC) has directed the Auditor General, John Muwanga to carry out a forensic audit on the financial accounts of Gulu University for the financial year 2017/2018 citing misappropriation of funds. PAC vice chairperson Okin Ojara raised the matter tyesterday afternoon while …
Read More »Parliament pension fund grows to Shs 257 Billion
Kampala, Uganda | THE INDEPENDENT | The Parliament Pension Scheme has realised an assets growth of 25.7 percent from shs 204.55 billion in 2018 to Shs 257.21 billion improving its financial and investment capacity. The Chief Operations Manager, Nightingale Mirembe said that this is attributed to an increase in member …
Read More »Auditor General unearths eight plots illegally curved from Bukalasa Agricultural College land
Kampala, Uganda | THE INDEPENDENT | The Auditor General has unearthed eight plots that were allegedly curved out of the land belonging Bukalasa Agricultural College raising fears of encroachment. Bukalasa Agricultural College owns 299.9 acres on land that occupies Block 146, Plot 68 Bulemezi and another land measuring 98 acres …
Read More »Finance ministry explains UGX 369.8Bn mischarge of expenditure
Kampala, Uganda | THE INDEPENDENT | The Secretary to Treasury Keith Muhakanzi says that mischarge of expenditure is partly caused by insufficient funding for expenditure on different activities. This is carried in his written response to Parliament’s Public Accounts Committee (PAC)- Central Government in regard to the audit report on the …
Read More »Residents stuck as 508 water sources break down
Kampala, Uganda | THE INDEPENDENT | At least 508 water sources have broken down in Nakaseke and Nakasongola districts, heightening a water crisis in one of the country’s water-stressed regions. According to the Auditor-General Report for the financial year 2018/19, a review of the quarterly reports and interview with the …
Read More »Auditor General queries Kalangala infrastructure services
Kampala, Uganda | THE INDEPENDENT | The Auditor-General John Muwanga has raised concerns on the exorbitant costs of delivering services by Kalangala Infrastructure Services-KIS. The concerns are raised in the Auditor General’s report of the financial year 2018/2019 where more than 16 billion shillings is reported to have been wasted …
Read More »Finance Committee approves BoU recapitalization request
Kampala, Uganda | THE INDEPENDENT | The Finance Committee of parliament has approved a request to recapitalize Bank of Uganda with Shillings 481 billion in the 2020/2021 financial year. This is part of the recommendations in the Committee report on the National Budget Framework Paper on votes in the finance …
Read More »Leader of opposition questions BoU continous recapitalization
Kampala, Uganda | THE INDEPENDENT | The Leader of Opposition in Parliament Betty Aol Ocan has questioned the continuous need to recapitalize Bank of Uganda saying that it could be a sign of financial indiscipline. The query is carried in her response to the National Budget Framework Paper for the coming …
Read More »Gov’t spent UGX 1.15 trillion without Parliament approval
Kampala, Uganda | THE INDEPENDENT | The government spent 1.15 trillion Shillings without parliament approval during the Financial Year 2018/2019. This is carried in a report of the Auditor-General for the year ended December 2019 presented to Speaker of Parliament Rebecca Kadaga. Government-approved a budget of 32 trillion Shillings for …
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