“In this regard, we need to learn and apply lessons from emerging economies such as India, whose total healthcare industry revenue is expected to increase from US$ 110 billion in 2016 to US$ 372 billion in 2022 in response to deliberate investments in telemedicine, manufacturing of medicines and health technologies, medical tourism, health workforce training and risk pooling/health insurance, among others. In order to achieve this, we need to plan in a harmonized way. In Uganda, for instance, we, indeed, have a nascent pharmaceutical industry producing Aids/HIV, Malaria, Hepatitis-B, pharmaceuticals, etc. drugs. These are, however, still using imported pharmaceutical grade starch and imported pharmaceutical grade sugar. The pharmaceutical grade starch and sugar are crucial for making tablets and syrups for children’s medicines. Yet, the starch is from maize and cassava and the pharmaceutical grade sugar is from sugar. I am told the drugs would be 20% cheaper. Moreover, apart from helping in the pharmaceutical industry, more refined sugar is also needed in the soft drinks industry. Uganda is squandering US$34 million per year importing refined sugar for the soft drinks, about US$ 20 million for importing the pharmaceutical grade starches not including the other raw materials, US$ 77million for taking patients to India etc. Africa is incredibly rich but wasteful” (Yoweri Kaguta Museveni at THE OFFICIAL OPENING OF THE JOINT EAC HEADS OF STATE RETREAT ON INFRASTRUCTURE AND HEALTH FINANCING AND DEVELOPMENT, 22.02.2018).
Seems like the 1980s World Bank loans to restart Kakira Sugar Works hasn’t done enough, since the Ugandan state did right after the National Resistance Army takeover of the state. They went into an arrangement with the World Bank getting loans for the company, to restart. That deal was done 8th March 1988. As the documents said back in 198:
“Uganda currently imports US$15-20 million worth of sugar annually, which ranks second only to petroleum imports. Import substitution through restoration of domestic production capacity is therefore a high priority and eminently justified given the considerable comparative advantage Uganda enjoys as a result of its landlocked situation. Conditions for sugar production at Kakira are highly favorable. Cane growing benefits from excellent soils, good rainfall distribution (requiring only limited sunplementary irrigation) and relatively low levels of inputs of fertilizers and pesticides. The project brings back to the Kakira complex the original owners who have a demonstrated ability to manage sugar operations at Kakira and elsewhere” (SUGAR REHABILITATION PROJECT, 08.03.1988).
Therefore, what the President said today, the Sugar Rehabilitation Project, which was done to stop the heavy imports of sugar and for consumption, has clearly not worked as projected. Since his own state is squandering their resources and not even following the loans to make the project work. That is my take on it. The president of 32 years has clearly mismanaged this and not finished his job. Since he hasn’t been able to rehabilitate the industry.
When it comes to pharmaceutical industry there massive challenges, not just the sugar starch for medicine coverage of the pills. Nevertheless, the whole arrangement, since the technology to operate these machines are imported, as well is the parts. Not only the sugar starch, but also the ingredients are imported too, than you have few companies who has automated manufactures, which makes hard to make medicine on a larger scale. It is also high operation cost, because of use of back-up generators because of blackouts and shortfall of electricity. Because of this, it is expensive to have cold storage of the medicine and have a storage for the final products.
So the Idea from Museveni that it is simple, it is the whole system around it, that makes it more profitable to import ready made medicine, than actually produce it. Even if the added value of production would be there, but with the circumstances put by United Nations Industrial Development Organization, seemingly it is from 2009. However, the state of affairs hasn’t changed that much.
We can really estimate, that the adjustment and the needed organization to pull forward both industries during the years of NRM hasn’t been totally fruitful. If so, why would he complain about the imports of sugar and medicine, when he hasn’t been able to make it function with his 32 years of reign? Someone who has 3 decades, should have the ability and time to find the information, finalize plans and execute as seen fit. That is if he cared about the industries in question and their possible engines for growth and riches of Africa. Nevertheless, he hasn’t cared and haven’t used the time wisely. He has used the time bitching and not acting. That is just the way things is and it isn’t becoming better either.
He could have made sure that the pharmaceutical industry had energy, had the sufficient organization behind it to make the medicine, not only import and assemble certain medicine, he could have made sure the sugar industry was profitable and had the equipment to make the refined sugar used in the pharmaceutical industry. However, both is a lost cause, because it takes money and time. Both, is something he doesn’t have, since the narrative isn’t making him wealthy.
Alas, he we are at the status quo, with a President running for life and complaining about waste. When he has wasted 32 years and not made effort to change it. It is all talk and no fire. Peace.
In Zambi,a as the scheduled treason trial of the Opposition leader Hichilema goes underway, the visit of South African Opposition leader Mmusi Maimane has caused lot of headache for the Patriotic Front and their President Edgar Lungu, certainly President Lungu is following tricks of others totalitarian leaders, like President Museveni. Who also has put key opposition figures on treason trials, but has not had the issue of opposition leaders from abroad visiting to argument for their release. Therefore, Lungu got pressure from South Africa and by that means expelled the DA leader. As of today the supposed visit and treason trial was about happen. The problematic visit of Maimane has clearly created a storm the Zambian regime didn’t plan. Take a look!
How Zambia Authorities perceive the expulsion:
“THE Zambia High Commission to South Africa has informed the Department of International Relations and Cooperation (DIRCO) that Opposition Democratic Alliance (DA) leader Mmusi Maimane was turned away from Zambia as his presence was going to undermine the sanctity, integrity and independence of the Judiciary. During the meeting between DIRCO officials and His Excellency Mr. Emmanuel Mwamba, Zambia stated that the matters regarding Mr. Hichilema were in court and it was imperative that the due process of the law was respected without undue pressure or interference. Government was concerned with Mr. Maimane’s and the DA’s media statements prior to his visit to Zambia that stated that his party would pressure the Courts of the Law to release Zambia’s opposition leader, Mr. Hakainde Hichilema who is currently undergoing a treason trial. Mr. Maimane alleged that Mr. Hichilema was facing trumped up charges and therefore he would mobilize fellow regional opposition sister parties and leaders to pressure the Zambian courts to release Mr. Hichilema. The Zambian High Commission had earlier advised Mr. Maimane to reschedule his visit until this and other concerns were resolved but clearly turned down such an advise” (Mwebantu, 26.05.2017).
As explained by Open Zambia:
“LUSAKA Magistrate David Simusamba was today at 12:00 hours expected to rule on whether the treason case involving United Party for National Development (UPND) leader Hakainde Hichilema (HH) and 5 other people should be referred to the High Court as per committal certificate issued by the Director of Public Prosecutions (DPP) to refer the treason case to the High Court” (Open Zambia, 26.05.2017).
Patriotic Front statement on Maimane:
“We wish to place on record that UPND leader Hakainde Hichilema is not a political prisoner but a criminal suspect. Zambia has no political detainees and that will never happen under the Patriotic Front Government of His Excellency President Edgar Chagwa Lungu. Hichilema is a criminal suspect and not a political detainee. This is what is before the Courts. It is therefore unfortunate that South Africa’s “Nazi Party” Democratic Alliance leader Mmusi Maimane and his sponsors intend to make a political issue out of a criminal case. We shall not be lectured to by architects and beneficiaries of apartheid like Democratic Alliance. Zambia fought apartheid and even at this stage, we shall not relent in dealing with its agents like DA. Zambia is a sovereign country, with sovereign laws which must be respected by all. It is not a playground for every tom and dick, including agents of capital such as Maimane” (…) “We wish to place on record once more that if blocking a Presidential motorcade is political in South Africa, it is criminal in Zambia. Further we wish to say that it does not matter whether Zambians laws on treason are laughable to others, once someone crosses the line, they are triggered, unfortunately. If it is politics to just walk into a South Africa as an alien, it is law in Zambia that everyone is screened at the port of entry and entry can be denied without explanation” (…) “We have no apologies to make when Maimane is denied entry into Zambia. It was inevitable and he was correctly advised by the Zambian High Commission in South Africa. It must be said to Maimane that Zambia is a sovereign state and he has no right to enter Zambia as he ignorantly alleged in his interview. Entering a foreign state as an alien is the preserve of that Country’s immigration department and we think this is simple civics which a political front should grasp easily. Immigration at ports of entry do not exist for decorative purposes. They are meant to screen and send back or arrest characters with questionable agendas like Maimane” (Sunday Chanda Media Director, Patriotic Front, 26.05.2017).
DA’s own statement on the matter:
“The Zambian government clearly feels threatened by Mr Hichilema and his party, the UPND, who have been working tirelessly in their attempts to stop the decay of democracy in Zambia. As the sister party of the Democratic Alliance (DA), they too are committed to the advancement of vibrant, competitive, multiparty democracy, the rule of law and the entrenchment of human rights and free speech across Africa. Mr Hichilema is also a founding member of the Southern African Partnership for Democratic Change (SAPDC), a body of opposition parties from across Southern Africa who are committed to securing democracy across the region, and which I am the current Chairman of. It is for these reasons I decided to attend the trial of Mr Hichilema, in order to show solidarity with him and with the project of building and deepening democracy that we are engaged in across the continent. In respecting the Zambian government’s wishes, I honoured their call to refrain from visiting Mr Hichilema in prison, as the government claims there exists a court order preventing such visitation by members of the public. It should be noted that the Lungu administration even blocked Zambia’s founding father, President Kenneth Kaunda, from visiting Mr Hichilema in prison. It is a truly tragic collapse of a once stable democracy” (Democratic Alliance, 26.05.2017).
Therefore, the visit of solidarity were cut short, some say as short as an hour on the Zambian soil as the Opposition leader was not allowed to enter the Republic of Zambia. The certainty of the pressure arising of his presence must clearly been too profound for the judges and the authorities. Since they are clearly not powerful or seeing the strength of having foreigners questioning their trials and their justice system. I am sure the Zambian ruling regime and party would have wish the South African Opposition leader never planned his visit. Since they clearly has no problems with pinning Hichilema.
Certainly, people confess that South Africa has enough problems with the toll of a Zuma Administration, deep in a crisis of democratic deficit at this very moment. Still, the DA leader is obliged to visit and support fellow opposition leader. It shouldn’t be seen as vicious attempt or even trying to discredit the Zambian regime. That they have clearly been able to do on their own. As their words expressed through own party channels are vicious and blatant attempt of disrespecting the DA and Maimane. Seems like the Patriotic Front cannot get onlookers into their cases and have questions asked over their courts. If so, are they so democratic and right that the ruling regime of Zambia, cannot handle one-man travel into their country to be part of one trial?
That is how it will be perceived! That Maimane does to prove a point – sure, like no one else are trying to get political capital out of this. The only one losing right now is the Patriotic Front and their President Lungu. Who looks more like fools, than clever and sovereign? Not because they are not allowed to stop people from entering their borders and closing their gates. It is because they are already in an epic battle with forces beyond their shores. As the world is looking how they will act towards Hichilema.
Zambia has played the deck wrong and the cards are really stacking against them, as the political prisoner and opposition leader are under threat. That by the fear of losing control, as the Patriotic Front has to save their grace and attitude, as the ruling regime, clearly are losing their steps and cannot handle that a foreign leader question their courts. That is because their justice and their rule is overpowering. The Patriotic Front is ready by all means, expelling and trading shots. However, they do not win goodwill; neither does the current stalemate create possible positive leadership from the central government. Peace.
“It’s really sad that we’re in an environment where tax returns are leaked by whoever it may be” (…) “Just think about it. Think about how dangerous that is, how third world that is on a practice that happened. When personal information is put out by people for political agendas. As a civilian, it’s actually scary” – Eric Trump on Fox News (Tani, 2017).
It is just one of these days where the sons of President Donald Trump speaks their mind and hits the nail. The nail is in the coffin, with the knowledge of the plans to make the republic less attractive, less business-friendly, more lassiez-faire and more focused on army than on progressive financial instruments and regulation to create growth. Trump Administration is busy with deporting millions, building a wall and starting trade-wars. The U.S. Government does not need to be transparent or accountable while doing so. Especially, not in the minds of one of his sons. That claims something unique and special. I have claimed in the near past that under President Trump, the U.S. Government could turn the Republic into a Banana Republic, a sort of style government that could be described by others as a third world one. Therefore, let the dictionary explain that!
Eric Trump needs a definition of the Third World:
“1: a group of nations especially in Africa and Asia not aligned with either the Communist or the non-Communist blocs” (…) “2: an aggregate of minority groups within a larger predominant culture” (…) “3: the aggregate of the underdeveloped nations of the world” (Merriam-Webster).
So the United States can itself soon be fitted, not that it is an Asian or African nation, neither Communist, but still it is getting underdeveloped by the way the financial framework and industry is set-up under the Trump Administration. Where the Industry and Financial industry has the Administration by the balls and no eager of taking care of nature or the resources, except for eating the profits without giving anything back to the Republic. Just like the Oil Industry in Nigeria or in Ghana. The same as the mining and mineral industry in the Democratic Republic of Congo. So the United States under President Trump, will be similar. Eric Trump is not so far off, just not the way he thought he would be.
Another man’s vision:
“This brings about complete dysfunction. It makes everything — economy, politics, roads, bridges, police, school — broken and shitty. Those who can leave do. Making it worse. This leads to more extremism, and more corruption, and more cynicism. And sometimes extreme violence. Because the other side becomes evil” (…) “The US has been shifting towards all four of these over the last 30 years, with inequality leading the way. We are more divided, economically and socially, then we have ever been (we are less divided racially. But only marginally so.)” (Arnade, 2016).
So when you have a system on the brink of collapse, a wealthy elite eating of the government plate and settling score to not pay their bills to the public, while the citizens and middle-class cannot build a steady life or afforded needed services, you know there are something wrong with the system and the state. That makes the Eric Trump words so right, that United States is becoming more like a third world country, with a sophisticated army, but cannot afford health care, schools or infrastructure. Just like the countries President Trump doesn’t want to affiliate with or been seen with. Since him and his advisor Bannon are supposed to be superior, and like a dictator in a Third World country, he believes he is always right and isn’t wrong.
So one smudge of evidence of his fathers Tax Returns from 2005 leaked to MSNBC Rachel Maddow, proves the realization of the state, that the Trump Administration would dislike. As they are not capping the debt, neither taking into account their ideas of taxation and tax-releases, as much as their will to deregularte industry and financial institutions. Therefore, leading the space of more expenses and negative environmental policies, that damage earth and only gains profit for a slim elite. Just like a Third World Country.
This is degrading for the United States, but the harsh truth, the ideas and policies in the making, the killing of health insurance, the idea of building the giant nuclear silos, while not paying for food for the starving. Proves that the U.S. Government are no closer to countries it does not want to be affiliated with, but still can be consider to be assimilated with. President Trump and his administration is clearly not wishing to be differing from chauvinistically taking charge and not caring what effect it has. Clearly, it is only his image that matter, just like any big-man and authoritarian leader.
So, soon we can say that the United States is underdeveloped and need aid, as their waters are daft, the industry is lacking technology, the roads are more potholes than tarmac, the bridges are weak, their railways not working and often not trusted. The United States has soon more expensive foreign imported goods, than what they produce and is losing money on their export of cash crops as soya and other grain. Therefore, President Trump leading his Republic to become underdeveloped or become a Third World Country.
Arnade, Chris – ‘USA: A Third World Country in the making’ (05.10.2016) link: https://medium.com/@Chris_arnade/usa-a-third-world-county-in-the-making-14064ea5c534#.ah2gi0loi
Tani, Maxwell – ‘Eric Trump blasts Trump’s tax return leak on Maddow: ‘Think about how dangerous…how third world that is’ (19.03.2017) link: http://nordic.businessinsider.com/eric-trump-tax-return-leak-maddow-third-world-2017-3?
Merriam-Webster – ‘third world’ link: https://www.merriam-webster.com/dictionary/third%20world
It is just one of them days where the madness continues at amp speed, where the government officials continue to eat off and sponge of the plate of the citizens. Where the concern for their own behalf counter their constituency and even their own conscience. With that in mind here is ill-spirited news from the National Assembly, the 10th Parliament of Uganda:
“This is after President Yoweri Museveni assented to the Income Tax Amendment Bill 2016. The Speaker of Parliament, Rebecca Kadaga told a plenary sitting on December 21, 2016 that the President signed the law on November 19th, which in essence means that their allowances on mileage and constituency allowances, sitting allowances for committee sessions, town running allowances, basic pay and car purchase allowances, will be exempted from taxes” (Parliamentary Watch, 22.12.2016).
Already as it happens, it is no surprise, none should be thinking that this could appear before the moon and sun, even the doubting stars would not dance of joy. They are just all where they, where are before and will be so after. Still, the constituency of these Members of Parliament, the people of Uganda should not accept this robbery, this negligent concern for their hard-earned taxed monies that been accumulated with vigour from the Uganda Revenue Authority.
This vicious attempt of eating of the spoils, the grandeur of greed while the people both in parties, in businesses and even civil servants doesn’t get paid on time. Banks are collapsing and businesses bailed out, still in this economic climate the wealth and richness are now beholden the men and woman who represent the ones paying the tax. It is amazing that a person earning little or nearly nothing pays VAT on products or on Airtime that become levied to pay for the tax-exemption of the MPs. Together with the ordinary paid tax on working hours and such. Still, the people representing the tax-base and the ones taxed are tax-exempt. Is not extraordinary, that the ones that leaders and representative does not have to pay tax and does not need to behold accountable for the work they do as representatives while they are serving the public.
We can question their moral integrity, the moral fabric of this design and act as they scrupulous extend their wealth on the cost of the population. The reach of malice and bravado that can only been seen as vicious attempt to allow thieving and become unaccountable. They are not ordinary citizens and not even careful law-abiding when it does not matter if they pay tax on their earned salaries.
The outcome of this matter is clear, they do not need to be accountable or even caring about transparency about their wages, their allowance and extra funds are exempt, and they can go by the merry, be jolly with the colleagues, and be sure that people won’t find out their real allowance or credible income. Since they are not really in need of filling that into the tax office or correct their income statement, since for reason number one: they are not levied any tax against in the near future. The law permits them to keep this in dark, the new forms of shady agreement and paid suits will be high flying and this while the proclaimed the URA has tried to put the memo: “have collected more money than ever before”. Still they have not counted in the estimated income or the current inflation to why the amounts of shillings collected has increased!
With that in mind if the collection and disrespect for paying tax will rise in the near, it is understandable as the disgraced MPs are sponging with no concern for their constituents, not on paper and not with concern for their pockets. They are only caring about their own pockets, not the pockets are clearing their checks and balances by the end of the month. The allowances and salaries are now secured as much as their growing wealth as well.
This is disrespecting the law-abiding citizens who themselves pay their levied taxes and are responsible, everyone who contribute their hard earned currency to the plate for common good, that common good is not to be sponged on the individuals who represent the ones who pay. They are supposed to share it to generate a working government with institutions who servers the public and the people. As well securing salaries to teachers, doctors and civil servants, which is the MPs as well, but not for them to become wealthy.
These MPs, this President Museveni has forgotten the basics, he has forgotten policies and what makes a grand state, he has forgotten and it has dwindled in his power-grabbing ways. The thieving starts from him and ends with him, his sign and signature on a damaging bill that creates a vacuum between the citizens and the representatives in Parliament.
President Museveni has forgotten due-diligence and even self-respect as all he wants to do is eat and let his loyal elite eat; so they will vote for his bills instead of concerning them with the people, the citizens who they represent. They can pay for their cars, their houses and salaries, but the MPs do not need to be accountable or even pay tax for it. Because the honourable, the elite, these Members of Parliament think they deserve to be grander and wealthier than the ones they represent. In addition, how wrong they are, because they are supposed to understand and make the citizens life better and their needs for better future. Now they are only concern with their own. That is not a good look, it is a bad one and it is self-inflicted. Peace.
Well, ladies and gentleman the super-power called the United States of America, is a dying dinosaur that Michael Moore or even Jay-Z doesn’t have the power to change. Today was a shock for many, even for me as the American Electorate decided to elect a Demagogue of ill-rhetoric towards certain ethnic groups like the Latin-American, Women and so-on. Donald Trump in his power and commander-in-chief will remarkably create havoc.
All of this is well known, but what the United States’ citizens didn’t think about when they voted against the establishment on protest against the D.C. power-structure they voted for a man with certain traits that can put certain pieces of the Government into shambles. So before I start; for those of you who don’t know, here is the definition of a banana republic!
“It was coined in a 1904 book of fiction by O. Henry, an American writer. Henry (whose real name was William Sydney Porter) was on the run from Texan authorities, who had charged him with embezzlement” (…) “His phrase neatly conjures up the image of a tropical, agrarian country. But its real meaning is sharper: it refers to the fruit companies from the United States that came to exert extraordinary influence over the politics of Honduras and its neighbours. By the end of the 19th century, Americans had grown sick of trying to grow fruit in their own chilly country. It was sweeter and cheaper by far to import it instead from the warmer climes of Central America, where bananas and other fruit grow quickly. Giants such as the United Fruit Company—an ancestor of Chiquita—moved in and built roads, ports and railways in return for land. In 1911 the Cuyamel Fruit Company, another American firm (which was later bought by United), supplied the weapons for a coup against the government of Honduras, and prospered under the newly installed president. In 1954 America’s Central Intelligence Agency (CIA) backed a coup against the government of Guatemala, which had threatened the interests of United. (Historians still debate whether the CIA’s motive was to protect United or, as many now believe, to nip Communism in the bud.) Hence the real meaning of a “banana republic”: a country in which foreign enterprises push the government around” (The Economist, 2013).
Why do I believe this, it’s because of all his sort-of promises over the months. There is all kind of activities that proves the clear indications of a Banana Republic on the rise. The Americans might think otherwise, that is because there are blind on how the state really is.
“The United States recorded a Government Debt to GDP of 104.17 percent of the country’s Gross Domestic Product in 2015. Government Debt to GDP in the United States averaged 61.94 percent from 1940 until 2015, reaching an all time high of 121.70 percent in 1946 and a record low of 31.70 percent in 1974. Government Debt to GDP in the United States is reported by the U.S. Bureau of Public Debt” (Trading Economics).
So the average debt level or ratio is staggering already. This is not tackled because the creditors accept the debt levels are raising, just as seen with the numbers from Trading Economics are showing during 30 years the percentage has gone up over 70 %, which should be frightening to any economy. When you have that level of debt, you should be able to have a heavy tax-base to collect and pay the debt.
Taxing under Trump:
“US taxes are low relative to those in other developed countries. In 2012, US taxes at all levels of government represented 24 percent of GDP, compared with an average of 34 percent of GDP for the 34 member countries of the Organisation for Economic Co-operation and Development (OECD)” (…) “The United States collects relatively less revenue dedicated to retirement, disability, and other social security programs—22 percent of total tax revenue—than the 26 percent OECD average” (…) “Property taxes provided more than twice as large a share of US tax revenue—12 percent in 2012—than the OECD average of 5 percent. Almost all revenue from taxes on property in the United States is collected by state and local governments” (…) “The United States relies less on taxes on goods and services (including both general consumption taxes and taxes on specific goods and services) than any other OECD country, collecting 18 percent of tax revenue this way compared with 33 percent for the OECD. The value-added tax (VAT)—a type of general consumption tax collected in stages—is the main source of consumption tax revenue, employed worldwide in 160 countries including all 34 OECD member countries except the United States. Most consumption tax revenue in the United States is collected by state and local governments” (Hoo & Toder, 2006).
So when the Federal and Republic itself has such a giant debt ratio, the taxes should be high and should be to the levels of actually having the ability to pay it back. As they do not even have VAT on goods that is very normal world-wide, but apparently isn’t a thing in the United States. This proves the mismanagement of potential tax-base that the Government need to succeed to pay their debt. This is before the Election yesterday.
This is the taxes planned under Trump: “According to the Tax Foundation’s Taxes and Growth Model, the plan would reduce federal revenue by between $4.4 trillion and $5.9 trillion on a static basis. The amount depends on the nature of a key business policy provision” (…) “After accounting for the larger economy and the broader tax base, the plan would reduce revenues by between $2.6 trillion and $3.9 trillion after accounting for the larger economy, depending on the nature of a key policy provision” (…) “On a static basis, the Trump tax plan would increase the after-tax incomes of taxpayers in every income group. The bottom 80 percent of taxpayers (those in the bottom four quintiles) would see an increase in after-tax income between 0.8 percent and 1.9 percent, under both policy assumptions. Taxpayers in the top quintile would see a 4.4 percent increase in after-tax income under the higher-rate assumption, or 8.7 percent under the lower-rate assumption. Those in the top decile would see a 5.4 percent increase in after-tax income under the higher-rate assumption, or 9.3 percent under the lower-rate assumption. Finally, taxpayers in the top 1 percent would see the largest increase in after-tax income on a static basis, driven by both the lower top marginal tax rate and the lower corporate income tax. Under the higher-rate assumption this increase would be 10.2 percent, and under the lower-rate assumption this increase would be 16.0 percent” (Cole, 2016).
So when the government are axing it income, while the economy running on a deficit your making no-sense. Your continue to spend on deficit while cutting taxes; the taxed ones are the ones who voted for Trump, the bottom 80% will get higher taxes, while corporations and 1% riches will get less. So the richer will get richer. A real proof of a Banana Republic where the solidarity towards the ones who needs so. They who voted for him is the ones that will pay on his tax-plan, which is ironic.
This is on the direct economic sense, now on health care. Here he proves again he will hurt the ones who voted for him, the poor and what is left of the working-class:
“The policies would cause almost 21 million people to lose their insurance coverage, as the replacement health care policies would only cover 5 percent of the 22 million individuals who would lose coverage upon the repeal of Obamacare. This would almost double the number of Americans without health insurance” (…) “The largest component of this estimate comes from the “repeal.” The campaign website proposes to “completely repeal Obamacare,” which we assume to mean repealing the Affordable Care Act’s regulations, subsidies, Medicaid expansion, Medicare savings, and tax increases. Although repealing the coverage provisions would save about $1.1 trillion, based on Congressional Budget Office (CBO) estimates (adjusted for recent legislation and changes in the budget window), repealing the legislation’s tax increases and Medicare cuts would cost a combined $1.6 trillion. In total, this means repeal would cost $480 billion – or $260 billion including the economic benefits of repeal” (Committee for a responsible Federal Budget, 2016).
So the Trump Administration are planning to hurt their own, the ones that has gotten through the Obamacare gotten some sorts of subsidized medical insurance, something he wants to repeal and will even make sure to cost the state more. So the educated minds will know that people has to carry insurance on their own while the state pays more to abolish the Obamacare. The 21 million individuals will regret questioning the medical treatment through Obamacare, as the Federal State will add more money. So the people are getting higher tax for the same 80% who losing their health insurance. Do the American citizens prefer punishing themselves?
As with the true implications of NAFTA:
“Customs duties reductions led to increases in trade with the other two countries of 11% in Canada, 41% in the United States, and 118% in Mexico, for the period between 1993 and 2011.5 In terms of value, American trade with Canada and Mexico increased from US$481 billion in 1993 to US$1.1 trillion in 2015. While Donald Trump claims that Americans “don’t make anything anymore,” implying that NAFTA is to blame, the American manufacturing sector has increased production by 58% since the deal came into effect” (Bedard, 2016).
So the results of NAFTA are apparently different in reality than what comes across when coming to Trump, so the reality hasn’t mattered. He wants to dissolve or change the rules and regulations, this will make it harder to export and import products between Canada and Mexico into the United States. The United States need free-movement of products and industrial products to be able to have the Corporate Capitalism that drives the USA.
So with lower taxes in general, a higher cost of health-care without concern for the 21 million without health insurance. They now are getting more problems with exporting and importing the needed products and raw-material has been possible and even at longest part of the NAFTA agreement has been positive to the US. So the regulation and cooperation with neighbours will be harder because of barriers that will be created with abolishing the NAFTA.
This is still all economic implications… then you have the gun-control, the war-lord aspects and the other social policies mixed with the economic aspect that turns the ones giant and great nation into tatters, if the President Donald Trump gets to do as he pleases without questions.
We should consider it with the implication on the policies and the foreign affairs. The US Government would lose with their plans on playing hardball with NATO and others. With the Muslims ban and deportation, also the Latin-American population that has been singled out; these groups can hurt the economy and also the basic workforce who does the needed services needed in society. That these will be sent out because of their ethnicity and faith will also prove that the United States isn’t the leaders of free-world, but another tyranny under President Trump. The fear and loathing of the Republican President Trump! That will do like the Americans did during Second World-War when Japanese for being so we’re detained into camps, or if he pleases send them packing.
This racial laws and deportations will hurt the economy and make sure the state becomes a Banana Republic; What is special is that the United States will have a free-flow of guns, ammunition, but will make it harder to import goods and also export goods with worse deals, have lesser taxes, still high debt yield and add expenses on health-care while the citizens has to cover themselves. This while the US President hasn’t a plan to help lower-classes as the minimum-pay or salaries increase for the 80% who still get added tax, also pay more for health care. The US Electorate got all reasons for feeling foolish if they even read this.
Bananas and Banana Company we’re President William Howard Taft did what he could to save the companies. Now the new President might try to replicate this, but he forgets the needed international community and production as the needed bolts, tools and manufacturing are inter-connected. That is something that the modern day President Trump needs.
Side Note – International Partnerships:
So if he builds walls, gets into whiny bitch mode and becomes a fully-blown attack paranoid mode, than the international partners will not accept being constantly bullied. I am sure that Philippines C-I-C President Rodigro Duterte will be tossed around for another power or human being. Neither will Russian President Vladimir Putin and even German Chancellor Angela Merkel will not accept it. So the price of him being brash and irresponsible thin-skinned versus the ones that questions his actions or words, isn’t really suitable with the trading partners and allies that the U.S. still needs. The US doesn’t live in a vacuum and not the only one with a giant defence and has much money to spend like on AGOA and others.
So congratulation on becoming a Banana-Republic, ready to become muffled with after playing king-pin… for decades; as your economic prospects under the Trump Administration and regime doesn’t look healthy. Peace.
Bedard, Mathieu – ‘NAFTA: DONALD TRUMP’S CRITICISMS ARE UNFOUNDED’ (07.2016) link: http://www.iedm.org/files/lepoint1016_en.pdf
Committee for a responsible Federal Budget – ‘Analysis of Donald Trump’s Health Care Plan’ (09.05.2016) link: http://crfb.org/blogs/analysis-donald-trumps-health-care-plan
Cole, Alan – ‘Details and Analysis of the Donald Trump Tax Reform Plan, September 2016’ (19.09.2016) link: http://taxfoundation.org/article/details-and-analysis-donald-trump-tax-reform-plan-september-2016
Hoo, Sonya & Toder, Eric – ‘The U.S. Tax Burden Is Low Relative to Other OECD Countries’ (08.05. 2006) link: http://www.taxpolicycenter.org/publications/us-tax-burden-low-relative-other-oecd-countries
The Economist – ‘Where did banana republics get their name?’ (21.11.2013) link: http://www.economist.com/blogs/economist-explains/2013/11/economist-explains-16
Trading Economics – ‘United States Government Debt to GDP 1940-2016 | Data | Chart | Calendar’ link: http://www.tradingeconomics.com/united-states/government-debt-to-gdp
“We are struggling, the situation is not as easy, but we are not desperate and the situation is under control. For us [government] we are ready to listen and to learn” (…) “The economy is not receding, the disposable income for drinking may not be there but we are not in recession” (…) “To avoid having arrears, we have to budget appropriately and the money budgeted for has to be absorbed” said Finance Minister Matia Kasajja earlier today (Oketch, 2016).
Nakumatt Holdings is apparently struggling as evident today of their Corporate Statement, that they have to even state it to the Nation, even after the takeover of Shoprite Supermarket Limited; they are still not financial stable. This news is coming days after the Crane Bank got into Administration by the Bank of Uganda (BoU). That after the bank tried to subdue the public together with the BoU in September, telling that the Bank we’re not looking for new owners. This is happening while the troubling times for Cairo International Bank and United Bank of Africa (UBA) Uganda… this is known as the Prof. Emmanuel Tumusiime-Mutebile of BoU said they we’re under notice.
Just as this is known in March 2016 the Exim Bank Uganda, that is a subsidiary of the Exim Bank of Tanzania. That bank took over Imperial Bank of Uganda and also Imperial Bank of Kenya. This is banks licenced by the BoU. So there have already been issues for the banks in Uganda, just more silent movement as the Investors of Exim Bank wanted it to die down.
Cancelled funding from Exim Bank:
“The major funder of Karuma and Isimba dams has withheld money for the country’s two biggest hydro-power projects until the legal disputes in Ugandan courts about the two ventures are resolved. The Export-Import Bank of China has written to Uganda’s Ministry of Finance, asking the Secretary to the Treasury, Mr Keith Muhakanizi, to explain why the ministry submitted to them documents of due diligence on the two dams and confirming the tendering process had been properly concluded yet the power projects are now a subject of litigation in court” (…) “Mr Muhakanizi was in State House yesterday for a meeting with President Museveni, but after consulting him, Ministry of finance spokesperson Jim Mugunga said: “It is true that the Export Import Bank of China like any other responsible party, expressed concern about the court case by a concerned Ugandan citizen which listed the bank among defendants. The Government of Uganda, through the Attorney General, secured a court order dismissing the case against the Exim Bank. The bank, therefore, is no longer party to the suit and the PSST Mr Keith Muhakanizi this week communicated the same to the bank.” (…) “Mr YuMeng expressed concerns that the outcome of the case in question would affect the commercial contracts related to Karuma Hydropower Dam and Associated Transmission Lines Works and Sub Stations Project, the 183MW Isimba Hydropower Project and the Isimba-Bujagali Interconnection project under Preferential Buyer Credit facility” (Mugerwa, 2016).
This is new that the Exim Bank is answering with postponing the building of the dam. Something that is the Markie and big Infrastructure projects that the Movement needs to shine a light into the dim situation of the Government. Certainly this answer from them could not be anticipated by President Museveni and his friend in the State House.
This is not the first blow this year as Uganda National Roads Authority (UNRA) has been under fire all year ever since first response from World Bank on the 8th January 2016:
“Following the cancellation on December 21, 2015 of the World Bank-supported Uganda Transport Sector Development Project, overseen by the Uganda National Roads Authority (UNRA), the World Bank has suspended the disbursement of funds for civil works in two other projects in Uganda. Those projects, overseen by the UNRA, are the North Eastern Road-Corridor Asset Management Project and the Albertine Region Sustainable Development Project which are suspended pending a review and strengthening of the capacity of UNRA to adhere to the required environmental and social standards” (World Bank, 08.01.2016).
If you though it wasn’t demeaning enough the World Bank continued later in the year with this statement: “UGANDA, September 13, 2016 –The World Bank Group took a decision to withhold new lending to Uganda effective August 22, 2016 while reviewing the country’s portfolio in consultation with the Government of Uganda. We continue to actively work with the Ugandan authorities to address the outstanding performance issues in the portfolio, including delays in project effectiveness, weaknesses in safeguards monitoring and enforcement, and low disbursement” (World Bank, 13.09.2016).
This is now evident that they used all the months from December 2015 to September 2016, that means the suspended funds for the projects been delayed for 10 months already, which is a close to year. Certainly that must hurt the UNRA and Government of Uganda really, really hard. The World Bank has because of this made the UNRA change how their work, as the Director and staff has sacked at a point. Now in October the agreement made between UNRA on behalf of GoU has been looked over and seen that some has been fraudulent and not made with due-diligence.
And your know there is issues in the finance market when even the states own National Social Security Fund (NSSF) have to explain where they invests their funds after social media spreads rumours of buying a mall in Nigeria and borrowing heavy funds from the Banking Sector of Uganda. This is happening as there 3 banks under fire and struggling already and if you forgotten they are Crane, Cairo International and United Bank of Africa. So the citizens and costumers of Uganda are already worried, they have been there before with the Greenland Bank and other who has lost confidence and gotten into receivership.
Yesterday even the IMF has answered the financial issues of the republic under the Movement:
“The mission notes the difficult environment for fiscal policy in FY15/16. While revenue collection increased as a share of GDP, it fell short of program expectations, reflecting lower than projected nominal GDP growth. At the same time, current spending was higher than anticipated. Taken together, the overall deficit target was missed by 0.4 percent of GDP, and the government partly relied on BoU advances for its financing needs. The execution of externally financed projects lagged behind target” (…) “the financial sector remains well capitalized, though non-performing loans have edged up. This has prompted a tightening of lending standards and a slowdown in credit to the private sector. The third largest domestic bank had become undercapitalized, and the BoU appropriately took over its management to protect deposits and safeguard financial sector stability. As a next step, the financial position of the bank needs to be established, and BoU will look for a strategic investor” (IMF, 2016).
If you see all of this and wonder how can this be, that one government has all of this just months after a General Election, than you know something isn’t as it supposed to be. The Government of Uganda are not running a steady ship when a bank is trailing, 3rd biggest commercial in the nation by 19th October into Administration, Cairo and UBA under the watch-list of the BoU; World Bank suspending loans for the Infrastructure Projects that is needed. While the BoU are fixing some financial stability it is not helped by the giving ways of the President Museveni and his dropping funds like a Walking ATM.
“Prof Joe Oloka Onyango said every crisis in this country is being solved by way of brown envelopes, a scenario he described as being sad and far below the rule of law in the country” (…) “In early 1980s, when this country was under the leadership of Godfrey Binaisa Lukongwa, State House was like a market place. Today, State House has been converted into an ATM,” he said amid cheers” (Wesaka & Adengo, 2016).
So for the once that do forget, the ATM Museveni is the cause of the issues that are now; this is his fiscal responsibility and Monetary Policies that made this happen. This is the reactions to the overdue and overspending of the Presidential Campaigns. These reactions should also lead to higher Inflations that it has done before after the elections. Therefore the Finance Minister Kasajja and Executive director Tumusiime-Mutebile have made some progress from previous elections in the Republic. Though the aftermath is now vivid for the citizens who are costumers at Cairo, UBA and Crane… there visible proof and the evidence are in the reaction of the Campaigning as the fraudulent and maladministration of the Banking Sector. This comes into mind as the State House had this message after February:
“As parliament’s budget committee tussled with an avalanche of supplementary budget requests late last week, which totalled Shs 1.04 trillion, some officials confessed that they emptied their initial budget allocations in order to sustain President Museveni’s campaign expenditure. State House comptroller, Lucy Nakyobe, whose office tabled a supplementary budget request of Shs 49.7 billion, told the parliamentary budget committee on April 1 that her coffers were depleted by the so many inland travels of President Museveni, who addressed four campaign rallies daily on average for the campaign period” (Namuloki & Oluka, 2016).
So the debt has to repay and taken from somewhere as the Central-Government, Banks and Multi-National Organizations are stepping off from the Ugandan Government, the Movement are running in circles taking care of their own while the citizens is now trailing and falling off. That is why businesses are giving in.
Just as people might have forgotten the paying of businesses connected to the family and General Salim Selah: “Prominent businesses in the country might soon run out of business if a decision that could see the use of Shs1.3 trillion taxpayers’ money to bailout companies in distress is not taken in their favour” (…) “Talking to Daily Monitor on condition of anonymity, a source privy to the talks revealed that “there is concern that bailing out companies without correcting the economic situation in the country will not resolve the problem.” (…) “The economy is not growing fast enough to generate activity for these companies to perform at full capacity. A bailout will not deal with the core problem. That is the argument being fronted by several government technocrats against the bailout,” the source said” (Muhumuza & Adengo, 2016).
So with this in mind, there are some sound imbalance about the bailouts months before one of the great banks put into Administration, NSSF has to answer for Social Media outbursts, two more Banks on a stroll, State House being broke months ago, UNRA projects suspended by the World Bank, IMF are seeing that infrastructure projects are lagging behind, Exim Bank suspended pay to the two dam projects and the strange bailout. There are too many evidence of lacking financial sound practises… Even Nakumatt the Supermarket are having troubles. There just more pawns on the set ready to move, but how they fall only the kings knows; because the Kings stay King. Peace.
IMF Communication Department – ‘IMF Staff Concludes Review Mission to Uganda’ (26.10.2016) link: http://www.imf.org/en/News/Articles/2016/10/26/PR16462-Uganda-IMF-Staff-Completes-Review-Mission
Mugerwa, Yasiin – ‘Chinese bank holds back Karuma funds’ (27.10.2016) link: http://www.monitor.co.ug/News/National/Chinese-bank-holds-back-Karuma-funds/688334-3431376-qxr194/index.html
Muhumuza, Keith & Adengo, Jonathan – ‘FULL LIST: 65 loan-stressed firms line up for Shs1 trillion taxpayer bailout’ (22.07.2016) link: http://www.monitor.co.ug/Business/65-loan-stressed-firms-line-up-for-Shs1-trillion-tax/688322-3305166-d6h193/index.html
Namuloki, Josephine & Oluka, Benon Herbert – ‘State House broke after spending on Museveni campaign’ (09.04.2016) link: http://www.observer.ug/news-headlines/43556-state-house-broke-after-spending-on-museveni-campaign
Oketch, Martin Luther – ‘Economy is struggling – Minister Kasaija’ (27.10.2016) link: http://www.monitor.co.ug/News/National/Economy-is-struggling—Minister-Kasaija/688334-3432534-t8dv3c/index.html
Wesaka, Anthony & Adengo, Jonathan – ‘State House turning into ATM, says Mak don’ (11.10.2016) Link: http://www.monitor.co.ug/News/National/State-House—ATM–Mak-don-/688334-3411968-1155d8t/index.html
As of yesterday there we’re the reported 111 cars that vanished and weren’t procured by a Ministry in Uganda. Because of that I had to look more through the report of the Auditor General John Muwanga. There are many stories; some of the ones in this Report have already been discussed on my page.
There so many stories to pick, but here is some of my favourites that shows all from a goats, expressways to other where money have disappeared, over-compensated or not allocated needed funds for the planned procurement and projects that the Government we’re supposed to do. Take a look!
Indebted to International Organizations:
“I noted that a number of Government entities are indebted to International Organizations such as PTA Bank, ADB, EADB, WTO, UNIDO, COMESA and Shelter Afrique. A sample of five entities revealed indebtedness of UGX.77,724,089,603 and US$.4,968,950” (OAG, P: 36, 2015).
Overpay on construction of Kampala-Entebbe Expressway:
“An analysis was done and adjustments for the different features of the two expressways were made. It was observed that the unit cost for the Kampala-Entebbe expressway was US$ 2.315 million per lane kilometre while the similar expressway was US$ 1.204 million per lane kilometer” (OAG, P: 38, 2015).
NAO Project going nowhere:
“The protocol agreement between Government of Uganda (GoU) and Democratic People’s Republic of China (DPRC) was signed on the 27th June 2008. It involved establishment of a demonstration centre under the National Agricultural Organisation. However, it was observed that after hand-over of the site by Ministry of Agriculture, Animal Industry and Fisheries to the DPRC, there was no proper follow up by Government on the project as such it was difficult to establish whether the anticipated funding of RMB YUAN 50,000,000 equivalent to UGX.26 bn was received and how it was applied to the project” (OAG, P: 42, 2015).
NCIP disbursed funds:
“Government signed fourteen (14) protocols under the Northern Corridor Integration Projects where substantial amounts of funds have been invested and implementation is on-going. For example amounts totalling to UGX4.2bn was disbursed to fund the power interconnection and the Hoima-Lokichar-Lamu oil pipeline. However, the protocols do not provide for regional coordination and monitoring as well as the audit framework to provide an independent assurance on the utilization of joint funds. This renders it difficult to track the progress of the projects and follow up the accountability for the funds disbursed” (OAG, P: 43, 2015).
Advances Unaccounted for:
“Uganda National Roads Authority: 47,738,040,619 UGX” (…) “Ministry of Local Government: 3,827,011,454 UGX” (OAG, P:87, 2015).
Bidco has avoided VAT:
“It was noted that as of November, 2014, the outstanding VAT obligations for BIDCO stood at UGX.744,420,170, included in this figure was late payment interest charge of UGX.168,747,557. Accordingly, a sum of UGX.700,000,000 was paid to URA towards settlement of the tax arrears” (OAG, P: 93, 2015). “After the eleven (11) years, BIDCO would start paying VAT directly on its own and from the 12th year start refunding to Government the VAT plus 5% interest for the first eleven (11) years in (8) equal installments over a period of (8) years. This condition was subject to fulfillment of article 4(3) of the agreement which requires Government to have handed fully to BIDCO all the agreed 26,500 hectares of land” (OAG, P: 94, 2015).
“In August, 2010, the Governing Council of the African Development Bank (AfDB) under the sixth general capital increase of the bank allocated Uganda shares worth USD.19,759,798 payable over a 12 years period in annual instalments of USD.1,646,649. It was noted that the payment of Uganda’s 4th instalment of UDS.1,293,299 which became due on 16th March, 2015 had not been made. As a result, the callable shares related to the missed instalment had been suspended in line with the Board of Governors resolution on the sixth general capital increase of the bank meeting” (OAG, P:95, 2016).
“The banana project owns land in Bushenyi together with other movable properties. However, it was noted that the land title is still in the names of the project without the legal mandate to continue owning this land of behalf on government unless the expired legal status is resolved following the legal opinion of the Attorney General to transfer the project under Agriculture sector” (…) “During the financial year 2014/2015, the PIBID project had a budget provision of UGX.9bn out of which only UGX.2.7bn was released as vote on account and as a result, activities worth UGX.6,682,145,000 were not under taken. The affected activities include: purchase and installation of machinery and equipment (UGX.2.5bn), Construction materials (UGX.1.457bn.), marketing of the tooke products (UGX.777,665,000) and procurement of transport equipment (UGX.780,000000)” (OAG, P: 102-103, 2015).
Delayed Construction of Katuna OSBP and swamp reclamation works:
“The construction of Katuna OSBP is undertaken at a contract sum of UGX.8,951,277,750 and Swamp reclamation for access road works estimated at UGX.12,000,000,000. The commencement date for the construction was 13th June 2014 and the estimated completion date was set for 13th June 2015. This was later revised to 30th December 2015. Inspection of construction works showed the following” (…) “The EU Confirmed funding on the 12th May 2014 and all the conditions set by World Bank were met including NEMA’s clearance that was received on the 30th April 2014. I noted that GOU was required to finance the building works for Katuna OSBP since IDA credit funding had been exhausted. The contract for construction of OSBP was finally awarded at a sum of UGX.8,951,277,750 on the 5th June 2014. The EU delayed to operationalize her support and the contractor could not commence on the major building works due to delayed reclamation of the wetland where the buildings were to be constructed” (…) “Management explained that heavy rains, poor terrain and lack of material sources in Katuna such as sand are the biggest challenges. The would be material sources such as hard core are not readily accessible due to the hilly terrain of the area and the contractor can only make a few trips only on a sunny day. For materials like sand, the source is Mbarara (about 150km) and the contractor can only make a few trips given that the road (Mbarara-Ntungamo and Kabale-Katuna) is under construction” (OAG, P: 137-139, 2015).
Uganda Police Force:
“A review of the statement of financial position revealed outstanding payables of UGX.16,454,307,782. Payables worth UGX.10,500,682,162 were incurred during the year which implies that management continued to incur arrears without establishing sufficient mechanisms to monitor and control them” (OAG, P: 183, 2015).
Ministry of Local Government:
“A review of the Ministry of Local Government’s expenditure revealed that the entity charged wrong expenditure codes to a tune of UGX.12,086,792,676. This constituted 40% of total actual expenditure for the Ministry of Local Government. Whereas the funds were spent on items for which they were not originally budgeted for, the accounts have been presented in a way that reflects that the amounts were spent on the earlier budgeted items” (OAG, 2015).
M/S Faw Limited:
“A local company was contracted by the Ministry to provide storage space for the various roads, sanitary and fire-fighting equipment procured under a Chinese loan in 2011/2012 financial year from their parent company. The providers were paid UGX.1,416,000,000 during the year 2014/15 for 20 months storage of the equipment delivered. A review of the procurement file revealed the following” (…) “It was noted that only the Contracts Committee decision on a submission (PP Form 209) approving the evaluation report and contract award at a monthly fee of UGX.70,800,000 were available on file. However, the Solicitor General’s approval and contract agreement were on the procurement file. No initiation of procurement, invitation of potential bidders, record of receipt of bidders, evaluation report and PDU submission of Evaluation Committee report to Contracts Committee were on file to support the award” (…) “A review of the availed documentation revealed that two conflicting pro-forma invoices were submitted by the firm with one quoting a monthly fee of US$.14,160 VAT inclusive for ten months, that is; from 1st June 2012 to 31st March 2013 totaling US$.141,600 and dated 17/5/2012 and another one dated 2/1/2012 quoting a monthly fee of UGX.70,800,000 VAT inclusive for twenty months without clarifying the particular months” (…) “The final batch which arrived in August 2013, was commissioned by the president in October 2013 and handed over to police on 19th December 2013 implying storage of at most five (5) months. This makes fourteen (14) total months of storage as opposed to the 20 months billed resulting into a loss of UGX.424,800,000” (OAG, P: 237-239).
Ministry of Defence:
“During the year the Ministry’s total expenditure on land acquired amounted to UGX.1,119,388,145. However, it was noted that the government policy of capitalising the acquired land from the financial year 2011/2012 did not give guidance on what to include as cost of land acquired. As such, this amount could not be verified due to lack of guidelines on treatment of land costs in the financial statements” (…) “It was observed that a sum of UGX.1,000,000,000 was paid to an individual as part payment on a claim of UGX.2,958,668,733 for the compensation of 683 cattle and 119 goats which were handed over to 4th Division for safe custody during the insurgency period in 1986” (…) “It was not possible to confirm whether this claim had not been paid before since it is now 28 years since the purported supply of the animals” (…) “It also appears that these animals were for various people but instead the compensation was made to one individual” (OAG, P: 285-288, 2015).
State House Entebbe – Okello House:
“State House has been occupying Okello House for many years with a tenancy agreement that expired in 2013. However, it was observed that State House has not renewed the tenancy agreement and no rent payments have been made to the landlord despite continued occupancy. At the close of the financial year, a sum of UGX.1.272,363,507 was outstanding in rental arrears” (…) “National Housing and Construction Corporation owns properties on Plot 1 Kyagwe Road–Nakasero which is currently occupied by State House. Documents indicate that National Housing has been demanding arrears of UGX.201,100,000 from State House. These arrears have not been reflected in the financial statements” (OAG, P: 294-295, 2015).
If you don’t find this interesting that the Government of Uganda is misspending funds in this way and that this is just a figment of imagination as this is pieces of a giant report. The most interesting is that one man got the whole piece of the pie of what happen in 1986 and secondly that the State House doesn’t even have an agreement with the tenant who owns Okello House where the President has gallant dignitaries. That shows the state of affairs, brothers, time for a change and also better procedures and practices! Peace.
OAG – ANNUAL REPORT OF THE AUDITOR GENERAL FOR THE YEAR ENDED 30TH JUNE 2015