MinBane

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Archive for the category “Tax”

Central Bank of Kenya: Launch the New Generation Banknotes (01.06.2019)

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Zimbabwe: ZERA – Re: Review of Fuel Prices Effective 21 May 2019 (21.05.2019)

Opinion: Oryem should look into how the state coffers is spent…

Recently government introduced a small amount of money as OTT but everybody went in arms about a small penny. Everybody is complaining and the moment you introduce a small tax, the entire country is in arms and runs to demonstrate. Where do you want government to get money from, Ugandans should get away from the culture of blaming everything on government. If you want better services, someone has to pay for them through taxes. The better schools, hospitals and roads all come because of the taxes you pay” – State Minister for Foreign Affairs, Hon. Henry Okello Oryem

Hon. Oryem, the State Minister have defended the government for issuing new taxes and expenses on its citizens. As this is happening, all bigger infrastructure projects are taken with foreign donations or loans. The state is loaning more and more funds, the devolution and the expensive growth of Local Government combined with ever growing State Security or Defence Operations makes the state bloated. Plus you have the open bazaar, grand corruption and lack of service delivery. Therefore, the Minister should be a bit more careful to defend the actions of the state.

Oryem, the National Resistance Movement are more careful to pay off needed people for their loyalty, than actually deliver state functions. That is why the Parliament are steadily occupied with getting new loans for infrastructure or even basic services. There Health Care is depleted and that is why the MPs and VIPs cannot get treatment in the Republic, but have to transfer to India, Kenya or South Africa. That is what the big-men does, because know the Hospitals aren’t all good.

That is why Oryem should be a bit more silent and not expect people to be happy for paying taxes. As the people have to cover, to fix and pay school-fees, pay higher for Mobile Money and spend more on basic commodities. Not like they are getting better services, just more expensive. The state is already mismanaging such vast amounts of money and paying ghosts too. There are teachers who hasn’t been paid for months and using energy on side-projects to make a living. Therefore, the State Minister should look into that. As the budgets are as big as light-bulbs for schools, which was built during the time of Idi Amin. Not like the NRM have used fortunes on keeping the Universal Primary Education a float.

Oryem should look into this and maybe even check more closely how the little taxes is spent in the Republic. Because, the misuse, the corruption and the growing debt is a signal of mismanagement, which again is a reason why people don’t like pay taxes. That is all within reason. The only thing that really working is the monitoring and the facilitation of tear-gas, live-bullets and arresting of opposition politicians. Peace.

RDC: ASADHO Lettre au Président Felix Tshisekedi sur la fiscalité de la Gécamines (03.05.2019)

40% Chance of Greed around Nile Avenue

“Members of Parliament have increased their allowances by 39 per cent and that of parliamentary staff by 15 per cent, citing rising costs of living.” (Yasiin Mugerwa – ‘MPs raise their allowances by 40%’ 26.04.2019, link: https://www.monitor.co.ug/News/National/MPs-raise-their-allowances-40-/688334-5088588-jg82dn/index.html)

There are a big chance you can meet some Very Important People (VIP) or Members of Parliament if you may. They are so special and unique, that they should have high over heels raise. Even when the budgets are already in deficit and every project between here and the moon is paid either on loans, domestic or from international entities.

Still this MPs can afford to give themselves favourable treatment, huge salaries, entitlements and pay, as the government institutions, civil servants lack salaries and general upkeep is on the down-low. Even with all that, it is still cool to get a raise.

The lawmakers who themselves secure a hefty portion of the spoils, while not delivering anything substantial to the citizens who they are supposed to govern over. No they are just hassle and a hefty mess. The MPs doesn’t have to bother with them, unless it is an election and they have to smooch the crowds.

If you believed they had the best interest of the people at heart. They would be more than content with their earnings. Alas, they are greedy and expect to be royal kings, just like the Executive, the President who lives lavish and large on the state. They are just learning from the top and he accepts this. As he knows they can be bought to follow his guidelines and his rule.

The National Resistance Movement, the ruling party are clearly showing their motives for ruling. It is eating, and eating by any means. Not sparing the cost or the thought of the price of it. It is all okay and nothing is to huge. Its cool, it is grand and surely the people can cough up the dough, because they deserve it.

This are the men, the people who are ruling, the ones who doesn’t care or just exposes their narrow-minded approach to life. Not considering the implications, the price or the deficit, not thinking of the loans, nor the possible overspending of the state. No, just thinking about your own pocket and move-on.

From now on. If you’re a teacher, the word MP equals to Greed. Even Greedy guts or buffoons, whose only sole purpose is to eat and blindly following the submissions of Bosco. Peace.

Brexit: European Council – Legal Acts – Subject: EUROPEAN COUNCIL DECISION taken in agreement With the United Kingdom extending the period under Article 50(3)TEU (11.04.2019)

USA: Rep. Richard Neal letter to IRS Commissioner Charles Rettig subpoena for the President Trump’s Tax Returns (03.04.2019)

Bank of Uganda: Monetary Policy Statement for April 2019 (01.04.2019)

Brexit: TUC General Secretary Frances O’Grady letter to Prime Minister Theresa May (21.03.2019)

Opinion: President Kenyatta’s corruption fight is like a mirage

If the sword of oppression be permitted to lop off one limb without opposition, reiterated strokes will soon dismember the whole body.” Alexander Hamilton

After the recent weeks and the new fancy scandals, you can pound and wonder, where is there no corruption, Mr. President?

The President, I am asking today is President Uhuru Kenyatta and his administration. The Jubilee has a special feature, they have a own slogan of fighting corruption, while amassing more of them at the same time. They are capturing the headlines nearly daily.

President Kenyatta and Deputy President Ruto are in the wind, they are battling a big monster, which themselves are contributing too. They are trying to play the card of battling it, while they are feeding it. The Cabinet Secretaries are usually implicated, the Principal Secretaries are as well.

The government are doing it all ways possible, by borrowing money for ghost projects like ghost-dams, which has been revealed recently. The state has taken giant loans from Eurobonds twice and still configured ways to siphon the funds away from the government. The Jubilee have eaten directly from the investment funds directed to youth employment. The Jubilee have been able to take away from health care procurement and waste funds there, instead of helping the sickly in dire need.

This is how we can go-on. This is a continued saga that never stops. While the Jubilee have a stark rise in corruption, at the same time, the state has taken out more and more debt. Therefore, the state is not only owning the creditors more money, but they are also wasting the loans. Which the state will pay back with interests after the grace period. This is will backfire on the next cabinets and next state officials, as they will have to clear the debts and find revenue to repay them. If not sell collateral- or assets. This will really be devastating.

Uhuru Kenyatta and William Ruto will downplay the indirect bribes, graft and corruption done by their officials, they will say it is less or not really allocated. They will act a fool, but at the same time attack the cause and say they are dealing with it. By going after the minor cases or small fry, they are going after the chicken thief or the small businessmen who does it to be able to trade on the market. However, the ones who runs the market and runs the “monopoly” imports are in the pocket of the administration, and will will not be touched.

As long as Cheech and Chong is running this Republic. The growth of the corruption will continue to rise. As their businesses are growing, their empires are getting stronger. The two leaders are grabbing more land, more government tenders and even development projects. That is what the President and Deputy does. While the Jubilee says they are fighting it.

Therefore, as long as these two are running the government. Expect more graft, bribes, kick-backs, siphoned funds and ghost projects. There will ghost everywhere, the cronies will create straw/shell companies who siphon funds… this will occur again and again. The state will give- or loan for non-function development projects/organizations, whose supposed to do something, but in reality it will be a figment of imagination. It will be a make believe like a mirage. It will only be in the vision of the person hinging for water, but when the person arrives to the mirage. There will be no water, but only more hot-sand. This is what the Jubilee does to the public.

The Jubilee is offering a mirage to continue … and hoping no one is feeling the hot-sand, but believing in the mirage. Peace.

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