Saturday, July 5, 2025
UG Standard - Latest News
  • Home
  • News
    • DIPLOMACY
    • COURT
    • AFRICA
    • BOOK REVIEW
    • INTERVIEW:
    • National
    • Parliament
    • World
    • Regional
  • Business
    • AGRIBUSINESS
    • OIL & GAS
    • REAL ESTATE
    • TECH
    • INNOVATIONS
    • TELCOM
  • OpED
  • EDUCATION
  • INVESTIGATION
    • NATIONAL ARCHIVE
    • SPECIAL REPORT
    • ANALYSIS
  • FEATURES
    • SOCIETY
    • Community
    • Pictorial
    • PROFILES
    • Lifestyle
    • Health
    • ENVIRONMENT
  • Tours & Travel
    • Hotel & Hospitality
  • Sports
  • About Us
  • Login
UG Standard - Latest News
ADVERTISEMENT

SPOTLIGHT: Finance Ministry, URA embroiled in UGX14.6b bonus controversy

by WINNIE NAKAMATTE | REPORTER
18/10/2024
in Business, National
Reading Time: 1 min read
A A
0
Share on FacebookShare on Twitter
Ramathan Ggoobi, the permanent secretary to the ministry of finance and secretary to the treasury -PSST
Ramathan Ggoobi, the permanent secretary to the Ministry of finance and secretary to the Treasury (PHOTO /Courtesy)

Uganda’s Finance Ministry is facing scrutiny over a Shs14.6 billion bonus payout to Uganda Revenue Authority (URA) staff, sparking concerns of irregularities and disregard for parliamentary processes.

The controversy surrounds a discrepancy in the bonus figures, with URA requesting Shs11.6 billion but the Finance Minister approving Shs14.6 billion without parliamentary approval.

Related posts

KCB Bank Uganda launches "Kyaddala ne KCB" campaign to reward savers with school fees, shopping vouchers, land, and more, fostering financial wellness nationwide.

KCB Bank to give out school fees, shopping vouchers to savers in new campaign

05/07/2025
153
UCC warns Ugandans on public Wi-Fi dangers as new cybersecurity rules roll out for telecom companies. Learn how to stay safe online.

UCC: Wi-Fi hotspots a prime target for phone hackers

04/07/2025
163
Karuma Hydropower Plant, Uganda's newest 600MW power generation facility, boosting energy security and economic growth

Uganda Reaches 2,052 Megawatts in Electricity Generation Capacity

04/07/2025
160
George William Kiyingi, PostBank's Head of Agent Banking and Fintech Distribution, highlights how the Wendi digital wallet has surpassed UGX 1 trillion in PDM disbursements

Wendi Digital Wallet surpasses UGX 1 Trillion in PDM disbursements

03/07/2025
165

Speaker of Parliament Anita Among has ordered the Finance Minister to explain the anomaly, citing concerns over the ministry’s disregard for parliamentary processes.

The Auditor General’s report flagged the payment as irregular, bypassing established procedures. According to the report, the Permanent Secretary/Secretary to the Treasury had failed to initiate the approval process in time.

The Public Accounts Committee-Central Government has recommended action against the minister, labeling the incident “contempt of Parliament.” Committee chairperson Muwanga Kivumbi emphasized that the approval process was not completed in time.

Finance Ministry spokesperson Jim Mugunga defended the bonus scheme, stating it exists to enable URA to perform above set targets, with payments following the approval system.

URA Commissioner General stated that any expenditures at the Authority are done with approval by the minister and declined to comment further until he peruses the report.

The incident raises questions about transparency and accountability in Uganda’s financial management, with many calling for clarification on the source of the additional Shs3 billion.

Share this:

  • Share
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on X (Opens in new window) X
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on X (Opens in new window) X
  • Click to share on Pinterest (Opens in new window) Pinterest
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on WhatsApp (Opens in new window) WhatsApp

Like this:

Like Loading...

Related

Tags: AccountabilityAuditor GeneralBonus ControversyContempt of ParliamentFinance MinistryFinancial ManagementGovernment SpendingIrregular PaymentParliamentary Approvalpublic accounts committeeTransparencyUgandaURa

Related Posts

Business

 Outstanding Companies Shine at East African Brand Quality Awards

by NTEZA MICHAEL | REPORTER
30/11/2024
0
342

KAMPALA- Representatives from East African top brands , on Friday evening, converged at Golf Course Hotel in Kampala for the...

Read moreDetails
Group photo of the students with officials from TotalEnergies EP Uganda led by Laurent Stephane, Tilenga Academy Recruitment and Training Manager

100 Ugandan students advanced oil and gas training abroad

03/04/2025
205
The report, which covers the last five years, provides a comprehensive overview of the number of candidates, the inclusion of special needs groups, and the overall examination performance. Additionally, UNEB has presented an item response analysis that highlights the ability levels of candidates in key subjects.

2024 PLE Highlights: Record Candidate Numbers, Special Needs Progress, and Academic Proficiency Trends

23/01/2025
527
Education Minister Janet Museveni releases PLE 2024 exam results

2024 PLE Results: Performance Breakdown Reveals Strengths and Weaknesses Across Subjects

23/01/2025
1.2k
Load More

Popular Articles

  • Check out the top schools with pupils who scored 6 in 4 aggregates in the 2024 PLE results, as released by UNEB

    PLE 2024 Results: Top Schools with 6 in 4 Aggregates

    4367 shares
    Share 1747 Tweet 1092
  • How to Renew Your National ID Online: NIRA Pre-Registration Portal 2025 Guide

    3965 shares
    Share 1586 Tweet 991
  • NIRA unveils high-tech National ID, mass enrollment set to begin

    2663 shares
    Share 1065 Tweet 666
  • FULL LIST: Ministry of Education, NCDC publish self-study workbooks amid COVID-19 lockdown

    3323 shares
    Share 1348 Tweet 823
  • How to Check PLE Results 2024 on Phone, Online

    1783 shares
    Share 713 Tweet 446
  • PLE 2024 Results: UNEB Clarifies on Release Date

    1650 shares
    Share 660 Tweet 413
  • MPs clear govt to cancel 2020 academic year

    2796 shares
    Share 1150 Tweet 686

Recent Articles

Stanbic Donates mama kits in run up to World Population Day

05/07/2025
KCB Bank Uganda launches "Kyaddala ne KCB" campaign to reward savers with school fees, shopping vouchers, land, and more, fostering financial wellness nationwide.

KCB Bank to give out school fees, shopping vouchers to savers in new campaign

05/07/2025
Luis Alfredo Pérez, Yara Executive Vice President for Africa and Asia giving his address at the launch of Agri-hub

Yara, Asili Partner to Launch Farmer Knowledge Center in Kiryandongo

05/07/2025
During a meeting held at SHIPU offices in Kampala, Col. Nakalema assured the delegation of the Eritrean investors led by Mr. Samuel Tsegoi, the Managing Director of Concord Apartments, that President Yoweri Museveni “is always directing to ensure that we are supporting the investors and that their investments are well protected.”

Col. Nakalema, KCCA intervene to protect Eritrean investors

05/07/2025
Mafumu Dauson joins Lugazi FC

“Lugazi FC Is the Right Place to Develop My Career,” Dauson Mafumu

04/07/2025

Businessman King Ceasor Augustus Mulenga Pledges Affordable Credit in Bid for NRM Entrepreneurs Chair

04/07/2025
Rtd General Mugisha Muntu addressing the gathering at Uganda Law Society headquarters on Thursday.

Ugandans should take a lead role towards the country’s peaceful transition

04/07/2025

Recent CommentsRecent Comments

  • The Journey of Ibrahim Traoré on How President Ibrahim Traoré’s ambitious vision is driving Burkina Faso’s economic growth push
  • Ugandan Scientists Finalists For European Inventors Prize — Press Uganda on Ugandan scientists finalists for European inventors prize
  • Government Pumps UGX1 Trillion Into UDB To Drive Industrialization, SME Growth — Press Uganda on Government pumps UGX1 Trillion into UDB to drive Industrialization, SME growth
  • PS Ggoobi Tips On Building USD 500b Economy — Press Uganda on PS Ggoobi tips on building USD 500b economy
  • Museveni Meets German Envoy Matthias Schauer After Subversion Claims — Press Uganda on Museveni meets German envoy Matthias Schauer after subversion claims

UG Standard - Latest News

UG Standard, published via www.ugstandard.com isa publication of Sahel Media Solutions Ltd, a professional Digital/New Media company in Uganda info@ugstandard.com

Follow us on social media:

Latest News

  • Stanbic Donates mama kits in run up to World Population Day
  • KCB Bank to give out school fees, shopping vouchers to savers in new campaign
  • Yara, Asili Partner to Launch Farmer Knowledge Center in Kiryandongo
  • Col. Nakalema, KCCA intervene to protect Eritrean investors
  • “Lugazi FC Is the Right Place to Develop My Career,” Dauson Mafumu
  • Businessman King Ceasor Augustus Mulenga Pledges Affordable Credit in Bid for NRM Entrepreneurs Chair

OpED

HELLEN MASIKA: From Darkness to Solar Light in Kijumba 

Why de-register a Motor Vehicle in Uganda: and Consequences of Non-Compliance

Challenges of taxing law firms in Uganda

SHEILA ABOTH: Maternal healthcare must be everyone’s business because it takes a village

DARIUS NIWAHA KISHAHO: Securing Health After Retirement: Why a Post-Retirement Medical Cover is a Necessity, Not a Luxury

© 2024 Ugstandard - Latest News by Digital/New Media company.

Welcome Back!

Sign In with Facebook
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • DIPLOMACY
    • COURT
    • AFRICA
    • BOOK REVIEW
    • INTERVIEW:
    • National
    • Parliament
    • World
    • Regional
  • Business
    • AGRIBUSINESS
    • OIL & GAS
    • REAL ESTATE
    • TECH
    • INNOVATIONS
    • TELCOM
  • OpED
  • EDUCATION
  • INVESTIGATION
    • NATIONAL ARCHIVE
    • SPECIAL REPORT
    • ANALYSIS
  • FEATURES
    • SOCIETY
    • Community
    • Pictorial
    • PROFILES
    • Lifestyle
    • Health
    • ENVIRONMENT
  • Tours & Travel
    • Hotel & Hospitality
  • Sports
  • About Us

© 2024 Ugstandard - Latest News by Digital/New Media company.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d