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Archive for the category “Business”

Stanley Ndawula letter to President Museveni – “Re: Consistent Threats to my Life, Family and Persistent Intimidation by the IGP. Gen. Kale Kayihura” (26.04.2017)

MPS 2017/2018 KCCA: A Political budget and a sorry state for the schools…

Honorable Beti Kamya have put forward the proposed budget for the Kampala Capital City Authority (KCCA) and it reveals certain aspects. For being such a loyal crony of President Museveni, Hon. Beti Kamya and Executive Director Jennifer Musisi are painting a bleak picture of the Capital City. Therefore, the reports from the leadership to the Parliament proves the initial mismanagement and the needed functions lacking resources. This is only in Kampala, just breath for a moment and think how it will be up-country! Just take a look!

For the FY 2017/18, KCCA budget is projected at UGX 337.39 Bn of which UGX 162.8 Bn is Government grants, UGX 20Bn is from Uganda Road Fund, UGX 31.79 Bn is for the FY 2017/18, KCCA budget is projected at UGX 337.39 Bn of which UGX” (KCCA, P: 5, 2017).

Political budget:

UGX 14.9 billion for Monthly emoluments for political leaders and their political assistant at Divisional and Authority level” (…) “ UGX 1.3 billion for Committee sitting allowances” (…) “UGX 103.4 million for payment of local council political leaders” (KCCA, P: 52, 2017).

Office advances:

The KCCA have put forward to the Town Clerks shs. 5 millions, to the Divison’s Mayor’s shs. 5 millions and the Deputy Mayor’s shs. 1,5 million, this is all office imprest, an imprest is an advance for government work. So the advance for office equipment comes for possibly service rendered (KCCA, P: 116, 2017).

Unfunded roads:

Over the last four years, KCCA with support from the Government of Uganda has invested heavily in improving the City Road network however, unfunded road works are estimated at over UGX 25.4 billion” (KCCA, P: 64, 2017).

Improvement of Schools:

KCCA inherited a total of 81 public primary schools many of which are dilapidated. The public schools accommodate a total of 67,700 children. Although efforts have been made to improve the conditions and facilities at some of the schools, many remain in a sorry state. The situation has also been compounded by the fact that KCCA does not have ownership of some of the land on which the schools are situated. KCCA requires UGX. 5 billion to reconstruct and upgrade 6 schools where title of ownership has been secured. These include; Kansanga P/S in Makindye (1200 pupils), Kisasi P/s in Kawempe (900 pupils), Kyagwe Rd P/s in Central (700 pupils and currently absorbing pupils from Nabagereka P/S), Bukasa P/S in Makindye (700 pupils), Mirembe P/S in Makindye (870 Pupils) and Kitebi P/S in Lubaga (2,100 pupils)” (KCCA, P: 64,2017).

This here says it all about the state of affairs in Kampala, there are planned expansions of roads and such, but that should be up to Kampala Express and Kampala Dispatch to discuss. Just joking, but the truth is that there is clearly a drainage problem and lots of the MPS is devoted to this, as much as the road construction as well. I just look at the total overall and what is most significant. Hope it gives you insights to how the new Minister and loyal crony Hon. Kamya thinks of the administration of the city. Peace.

Reference:

Kampala Capital City Authority – ‘MINISTERIAL POLICY STATEMENT For FINANCIAL YEAR 2017/18 VOTE 122’

South Africa: Press Ombudsman issues stern rebute to Financial Mail on Eskom (26.04.2017)

Botswana: Unemployment Movement Press Statement on the Arrest of Movement Activists (24.05.2017)

Revealed: The Ministry of Tourism, Wildlife and Antiques in Uganda have not appointed needed boards for their agencies!

The Ministry of Tourism, Wildlife and Antiques came to sort of revelation in Parliament, that shows the lack of governance and institutionalism that is too common in the Republic of Uganda. That the National Resistance Movement has established agencies under the ministry, but have no-one running them. They have not even appointed boards or even have procedures to select the appointments to them. What a special event. Just take a brief look at the assessment that the Parliament Watch describes from the session today!

“The Committee on tourism trade and Industry has learnt that the different agencies under the Ministry of Tourism, Wildlife and Antiquities have no Boards. For example, Uganda Tourism Board, Wildlife Education Centre, Uganda Hotel, Tourism and Training Institute. Members have urged the Minister to inform the Prime Minister and the President in the next Cabinet meeting that the Committee will not consider the budget unless the Boards are instituted by the Ministry. Committee observed that it is a deliberate move to control agencies through the line ministry” (Parliament Watch, 25.04.2017).

A definition of a board from Meriam Webster says this: “a group of persons having managerial, supervisory, investigatory, or advisory powers” (Meriam Webster – Definition of board). So the ministry do not at the current state have the capacity to involve people to have a managerial or a supervisory role over agencies beneath themselves. That must be the true definition of steady progress, as state affairs goes, aye?

Like Uganda Tourism Board was already established by 1994. So the NRM has had the time to handpick the men and woman fit for the works and roles, still they have none. So the one agency involved in marketing and promoting the republic as a travelling destination does not have a board. Even the web-page of UTB says this: “The Minister of Tourism Wildlife and Antiquities, appoints the Board of Directors for Uganda Tourism Board on a 3 year term. The Board has an oversight and advisory role over the work and plans of UTB. The Board of Directors is headed by a Chairperson supported by members representing public and private sector tourism stakeholders” (UTB – Board of Directors link: http://www.corporate.visituganda.com/about-us/board-of-directors/ ).

So the Ministry themselves should have the ability to make decisions fitted for appointing the needed personnel, without having the blessing of the President nor the Prime Minister. This is just one of the agencies and it didn’t take long time to look into it, the funny thing was, when you tried to go to the “Management Team” link on page, the only thing coming up on the page was “Bad”. So the knowledge of missing links and personnel is even visible to the tourism flagship page.

That the Minister Ephraim Kamuntu has work to do and people to employ certainly, also to get budget to keep their salaries in balance, as the agencies does need funds. Certainly, he has a State Minster Godfrey Kiwanda Suubi, who must have some insights and knowledge of some heads to collect. In addition, the Permanent Secretary Doreen Katusiime got know somebody fitting the program and vision of the agencies. If none of these three smart and bright, fellow appointees of the President can pick someone to the boards. Than the Director James Lutalo, should be able to find someone, educated and experienced in the field to envision the progression of the tourism industry and the wildlife experience in Uganda.

With the abundance of Presidential appointments to the Ministry, they should have the capacity and the ability to get the boards up and running, as well as a check-and-balancing act, to see that they do what the Ministry are supposed to do. So that the destination Uganda, can be a splendid travel for tourists. To make sure that they can have the best time while being there. Peace.

The South Sudanese Pound continue to lose value!

As the results of the instability in South Sudan, the Republic’s currency continues to be devalued and lose trust compared to the United States Dollars, as the people using it has to use more to get the services needed. The news from Juba of the amount of South Sudanese Pounds needed to exchange to US Dollars are showing the little value the currency currently have. That even in midst of years, the taxi-fares in the capital has risen 50 times from 1 SSP to 50SSP. This show’s the lacking financial structure and the fiscal policies to underline the paradigm. Certainly that is dwindling with the civil war between the government and rebels, as well as famine and use of funds to buy arms! Take a brief look!

In Juba: The South Sudanese Pounds continue to depreciate against the U.S. dollars, early this morning at Konyo Konyo Market trades were buying $100 at 21,500 SSP. Taxi drivers have also lifted the fare by charging 50 SSP for a distance that used to cost 1 SSP in 2014” (MirayaFM, 24.04.2017)

That this is the reality, proves the problems in the simplest forms, that the Republic of South Sudan, cannot keep their inflation at bay. The SSP are losing value and it happens quick. The local currency is soon worthless and the paper is more expensive, than the real value of the currency. This is the reaction to the violence, the despair and famine. The Currency is just the proof of the dire situation, as the Taxi Drivers are hurting and have to gain more money to be able to sustain their living in Juba. Therefore, this is the evidence of the issues that are in the country, by just seeing the numbers and the value of their currency. This should be so easy to grasp and understand. When the price of the same service has not only doubled or tripled, but gone up 50 times! Peace.

Brexit implications on the UK legislation concerning sanctions!

Her Majesty Treasury and Her Majesty Government, the Tories and their White paper on legislation concerning sanctions are interesting read, as you can see how combined the laws and the execution of the framework have been with the European Union, as well as the legality connected with the United Nations Security Council. This proves how laws and combined efforts have been the norm in Europe of late. That the United Kingdom government have complied and worked directly with Brussels and New York, to establish the information and the legal assistance to sanction state, businesses and individuals crossing into the United Kingdom.

Therefore, this White Paper from the HM Treasury says certain aspects the government have to work upon and how the kingdom have to make new laws to fix the issues. These issues has to be handled as the Brexit will certainly impact the legislation on sanctions and how the UK going to handle it. The words of the report is telling and expel the facts in a deep way, secondly the report also colorfully extend the needed for different sort of laws; that is both open-government and also making sure data get kept secret. This shows how much work the UK government have with rewriting and reforging their own legislation with the leaving of the EU. That cannot be worked out with a few phrases, but has to be build on a which paradigm and what precedence the Tories government seem fit. Just take a look!

This consultation is about the legal powers we need to maintain sanctions as a viable instrument of foreign policy. It is not about the policy goals themselves or how we will align UK sanctions in future with those imposed by the EU or other international partners. However we recognise that sanctions require broad application to be effective and we will continue to work closely with allies and partners to this end” (HM Government, P: 5, 2017).

The legislation will need to be in place before we leave the EU to ensure that we can preserve current UK sanctions policy, although entry into force will be timed to coincide with the date of our actual withdrawal. While the UK is a member of the EU we will continue to exercise all the rights and obligations of membership including with respect to the Common Foreign and Security Policy” (HM Government, P: 8, 2017).

Those subject to UK sanctions will be able to challenge their listing by requesting an internal review, where this is consistent with our obligations under UN Security Council Resolutions (UNSCRs). The sanctions will remain in place while the challenge or request is being considered” (HM Government, P: 21, 2017).

The Government will always seek to sanction an individual or entity on the basis of open-source evidence which can be disclosed to the listed person in the event of a legal challenge. However, in certain cases the Government may wish to rely on sensitive material, the disclosure of which would be damaging to national security, international relations or another public interest. In order to protect the sensitive material from disclosure but make it available to the presiding judge, a closed material procedure should be available” (HM Government, P: 22, 2017).

Asset-freezing regimes will contain grounds for permitting otherwise prohibited activity to authorise the release or making available of certain frozen funds or economic resources to pay for:

a) the essential needs of natural or legal persons, entities or bodies b) reasonable and necessary professional fees and reimbursement of incurred expenses associated with the provision of legal services c) the fees or service charges for routine holding or maintenance of frozen funds or economic resources and d) extraordinary situations or expenses. This will continue the licensing practice that the Government currently operates. Exemptions for country sanctions regimes will be further defined within either secondary legislation or by reference to statutory” (HM Government, P: 26, 2017).

Any new sanctions legislation would provide the Government power to obtain and share information relating to sanctions. The Government’s ability to share information will extend to Government bodies, agencies, regulators, businesses, operational partners, other public bodies and international partners. It will be similar to the ability to obtain, use, and share information under current EU legislation and will be consistent with, and subject to the safeguards in, the existing UK and international provisions regarding the sharing of information” (HM Government, P: 36, 2017).

These laws that they have to fix and make are substantial if the United Kingdom still wants to comply with the United Nations Security Council, as well as if they wish to have good functioning body with the rest of the European Union. Even though the legality and the dominion will be all United Kingdom and their sovereign powers as a state, they still need to be in coherent with the rest of the world.

This shows that the powers of the Tories and the questions left behind and the unknown hurdles of the current leadership. As this is just one sort of legislation that has to be fixed in due time and with the process of both houses. That the importance of the sovereign state make sure that their laws are complied, that their statutes can be used and that the sanctions can be put on actors that breaches the codes of the United Kingdom. Certainly, the Tories Government and Brexiteers didn’t think of the issues complied with the legality of sanctions. Peace.

Reference:

HM Government – ‘Public consultation on the United Kingdom’s future legal framework for imposing and implementing sanctions’ (20.04.2017) link: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/609986/Public_consultation_on_the_UK_s_future_legal_framework_for_imposing_and_implementing_sanctions__Print_pdf_version_.pdf

Uganda: Civil Society Position on Tax Revenue Measures for FY 2017/18 (21.04.2017)

Report from the MoFPED shows the growing Ugandan debt by June 2016!

Again, the Ministry of Finance, Planning and Economic Development (MoFPED) dropped another report on the fiscal policies and the fiscal health of the economy in Uganda. The National Resistance Movement (NRM) have created this environment as the growing debt and growing interest payment comes with their planned debt rise. Still, the PriceWaterhouseCoopers spelled gloom earlier in the year, as this report was dropped on the MoFPED web page today. Even if the Report was spelled out in December 2016. It is if like the NRM didn’t want this to spelled out early. Since the numbers aren’t compelling of an arts piece, more issues… just take a look!

The stock of total public debt grew from US$ 7.2 billion at the end of June 2015 to US$ 8.4 billion in June 2016. This represents an increase from 30.6% of GDP to 33.8% over the two periods. The increase was largely on account of external debt, which grew from US$ 4.4 billion to US$ 5.2 billion over the period. Domestic debt increased from US$ 2.8 billion to US$ 3.2 billion” (MoFPED, P:V, 2016).

That the debt are growing quick, as the public debt grew with US$ 1.2 billion, that the percentage of GDP went up with 3,2%, the external debt rose with US$ 0.8 billion and the Domestic debt went up US$ 0.4 billion. All of these numbers show the amount of monies that the Government are adding on their debt, as the UNRA and the development projects are suspended by World Bank. So the Infrastructure development can be questioned as the growing debt, as the government must have other uses of the growing and scaled up debt. Since the transparency of the economy isn’t there and that the sanctioned bills comes from the State House. Just look at the growing interest rates as well.

Interest Payment as a percentage of GDP stood at 2.2% as at end June 2016, up from 1.9% as at June 2015. The increase is largely explained by interest payments on domestic debt, which grew from Shs 1,077 billion in FY2014/15 to 1,470 billion in FY2015/16. There was a significant increase in the weighted average interest rate of Government debt; from 5.9% to 6.5% in June 2015/16. This followed increases in the weighted interest rates for both domestic and external debt, from 13.6% to 15.3% for domestic debt and from 0.9% to 1.2% external debt. As interest rates increase, so do the debt service obligations of Government” (MoFPED, P: 4, 2016).

The difference between June 2015 and June 2016 the percentage has grown with 0.3%, the domestic interest rate grew with Shs. 0.393 billion. The Interest rate alone went up by percentage 0.6%, as the weighted interest rates went up 1.7%. The key sentence that the report wrote and I repeat: “As interest rates increase, so do the debt service obligations of Government”.

That idea isn’t only on the interest payment percentages are running higher, but as the debt goes up, the interests goes up. So the Debt Service Obligations are going up for the Government. This is a natural outcome, that the obligations for the state goes up with the amount of debt it rises. So the government can try to portray this is controlled, and to one extent it is under control. Still, the growth in this regard proves that the NRM regime are pilling up debt and increasing their debt, as well as interests. In the end this will make the state worse. Especially knowing that the energy dams have been built poorly and many of the expensive roads haven been fruitful. This is development that the growing debt is being used to…

So the NRM regime and the Ugandan government isn’t believable… the rise of debt and interests show’s the current state of affairs. Even if the percentage is after plan, the government still has to take charge and make sure they can pay back both the debt and interests. Peace.

Reference:

Ministry of Finance, Planning and Economic Development (MoFPED) – ‘DEBT SUSTAINABILITY

ANALYSIS REPORT 2015/16’

RDC: La mauvaise gestion de la province du Haut-Katanga détournements de fonds publics par le Gouv Jean Claude Kazembe et ses collaborateurs

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