Kampala, Uganda | THE INDEPENDENT | Members of Parliament on the Finance Committee have questioned the competence of the government’s internal Auditor-General, Dr Fixon Akonya Okonye. This was on Friday during the committee meeting with Okonye and other officials from the Ministry of Finance over the current stock of domestic …
Read More »Muhakanizi blames gov’t officials for budget deficits
Kampala, Uganda | THE INDEPENDENT | The Secretary to the Treasury Keith Muhakanizi has blamed the perennial budget deficits on government officials. He was on Thursday appearing before Parliament’s Finance Committee chaired by Rubanda East MP Henry Muhakanizi. Muhakanizi was tasked by Budadiri West MP Nathan Nandala Mafabi together with …
Read More »Cabinet yet to approve payment of UGX 948 billion to South Sudan traders
Kampala, Uganda | THE INDEPENDENT | Payment of traders who made losses in South Sudan is pending Cabinet approval. Last year, Parliament approved a select committee report recommending payment of Ugandan traders in South Sudan who lost their goods when unrest broke out in 2012. The move will see a …
Read More »Tax collection drops further in November
Kampala, Uganda | THE INDEPENDENT | Government taxes took yet another hit in November as Uganda Revenue Authority (URA) collected less than the target at the time when there is decry over consistent poor tax performance. A Ministry of Finance November 2019 report on the performance of the economy shows …
Read More »Govt orders civil servants, pensioners be paid by December 20
Kampala, Uganda | THE INDEPENDENT | Civil servants and pensioners must receive their December 2019 salaries by the 20th in time for christmas, government has ordered. In a letter to accounting officers in different ministries, departments and agencies, Secretary to the Treasury Keith Muhakanizi said Public Service submitted payrolls …
Read More »Unconsumed power will hit the budget hard – Muhakanizi
Kampala, Uganda | THE INDEPENDENT | Uganda must now reserve money to pay for generated but unconsumed power for the next five years, The Secretary to the Treasury Keith Muhakanizi has said. Muhakanizi told diplomats and economists at an IMF organised meeting at Sheraton Kampala on Monday evening that Uganda – …
Read More »Muhakanizi warns accounting officers over loan deductions
Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning and Economic Development is considering taking disciplinary action against accounting officers for alleged breach of guidelines on loan application by their respective civil servants. Several civil servants apply for multiple loans from various banks and other money lenders to …
Read More »Prioritize salary increment not elections- Workers Union tells Finance Ministry
Kampala, Uganda | THE INDEPENDENT | The Uganda Government and Allied Workers Union, has asked government to focus on improving the salaries of civil servants other focusing on elections. This comes a week after the Finance Ministry, said government will not be in position to meet salary enhancement requirements for …
Read More »No salary enhancement until after 2021 general elections- Muhakanizi
Kampala, Uganda | THE INDEPENDENT | Government will not be in position to meet the salary enhancement requirement to all public servants due to several funding requirements for financial year 2020/2021. According to Secretary to the treasury and Ministry of Finance, Planning and Economic Development’s Permanent Secretary Keith Muhakanizi, some of …
Read More »Gov’t to decentralize payments to departmental level
Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance has secured technology to facilitate decentralization of payments in departments of the various ministries to ensure that their heads are directly in charge of the spending. Keith Muhakanizi, the Secretary to the Treasury, told reporters on Monday, that this will …
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