In his audit report, Auditor General John Muwanga queried the overpayment of pension/gratuity by the hospital, to a tune of 222.9 million Shillings following a review of the payroll data and Integrated Finance Management System (IFMS) payments.
Stanbic Bank's Sam Mwgeza says they waiting for the NSSF to complete its consultations and amendment of the Law, and get guidance from the relevant authorities, and give guidance to the banks.
Buildnet Marketing Manager, Claire Kateregga says the demand for housing is going down contrary to what they had expected after the reopening of the economy.
EPRC's Dr. Kasirye says that if the government was to give subsidies and the prices to the consumers came down, the estimated 400-billion-shilling subsidy would instead benefit the richer people instead who would increase their consumption of goods like fuel.
Muwanga, in his report to Parliament, cited Lira Regional Referral Hospital where 5.97 billion Shillings was spent on salaries, pension, and gratuity out of the total receipts of 7.48 billion shillings resulting in an unabsorbed balance of 1.5 billion shillings.
According to the Institute of Certified Public Accountants of Uganda, since the Accountants Act of 2013 took effect, at least five accountants who are members of the professional body, have been delicensed after being implicated in unprofessional practices.
Qureishi also hailed Uganda’s prudence when it refused to issue euro bonds when all African states embraced the newly touted source of debt about 10 years ago. Euro bond is a debt instrument issued by a company, an individual, or a government in a country of its choice from where it expects to get credit in a certain currency, and attractive returns.
In his latest audit report, the Auditor General, John Muwanga considered payroll management in Regional Referral Hospitals a key audit matter and identified unrealistic budgeting for employees and pension costs, under absorption of wage funds, delayed access to the payroll, overpayment of salaries, non-payment of salary and pension arrears as cross-cutting risks.
While the researchers don't discourage the use of bottled water, they advise consumers to be picky on the type of bottled water they go for bearing in mind the likely consequences to oral health. Concern over the effect of bottled water on oral health is emerging globally as consumers shift from sweetened soft drinks to bottled drinking water.
Some of the affected businesses included those involved in photography, selling of flowers and tags, drinks and snacks, gifts, and masks among others. While some of the vendors tried reaching out to customers by running around the campus, security personnel drove them away and confiscated their merchandise.
"We declined the request to increase money for fuel for public officers due to price increase. Everyone should live with the constrained budget like all other Ugandans are doing,” said Ramathan Ggoobi, the Secretary to the Treasury.
The largest share of the resource envelope is towards the Human Capital Development programme that entails (Health, Education and Gender) at 8.74 trillion. This is followed by Governance and Security at 7.03 trillion, Integrated Transport Infrastructure and Services getting 4.17 trillion, Sustainable Energy Development with 1.6 trillion, and Agro-Industrialization getting 1.26 trillion.
The MPs observe that Clause 4 of the Agreement infringes on the exercise of the functions of Parliament in article 79 of the constitution of Uganda and is therefore, illegal, unconstitutional and unlawful, and puching for the same deal would show the people who "exactly the enemy is."
The approval followed a request by Henry Musasizi, the Minister of State for Finance –General Duties. The supplementary budget is for this financial year 2021/2022 which is scheduled to end on June 30.
Speaking at the flag-off, the Uganda Vintage Car Club President, James Ayo, said that many of them have been forced to re-register their cars using the current registration and number plate series when changing ownership or acquiring vehicle insurance.
The banking Industry returned a combined net profit of Shillings 1 trillion and 1 billion, but seven banks fell deeper into losses in 2021. The higher commodity prices abetted by the Russia-Ukraine conflict have also started directly feeding through to consumer prices, weakening consumer optimism and Household demand,” says the BOU.
“Today about 33,000 Indians in a population of (over) 40 million natives claim to be responsible for 62 percent of the country’s economic output, they are inching close to 75 percent of the colonial period,” he points out pointing to the fact that Uganda’s economy is already back in hands of the Indians as the case was prior to 1972.
The majority of buses on Ugandan roads are lorries or trucks whose chassis have been converted into buses. Although the majority of this alteration is done in Kenya, a few Ugandans have also started the craft.
