DOCSLIB.ORG

Vote: 008 Ministry of Finance, Planning & Economic Dev

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Vote: 008 Ministry of Finance, Planning & Economic Dev Vote: 008 Ministry of Finance, Planning & Economic Dev. QUARTER 4: Highlights of Vote Performance V1: Summary of Issues in Budget Execution This section provides an overview of Vote expenditure (i) Snapshot of Vote Releases and Expenditures Table V1.1 below summarises cumulative releases and expenditures by the end of the quarter: Table V1.1: Overview of Vote Expenditures (UShs Billion) Approved Cashlimits Released Spent by % Budget % Budget % Releases (i) Excluding Arrears, Taxes Budget by End by End End Jun Released Spent Spent Wage 4.357 3.919 3.919 3.902 89.9% 89.6% 99.6% Recurrent Non Wage 75.075 84.593 84.338 84.131 112.3% 112.1% 99.8% GoU 159.554 165.777 160.374 159.793 100.5% 100.2% 99.6% Development Donor* 26.292 N/A 34.773 34.772 132.3% 132.3% 100.0% GoU Total 238.986 254.288 248.631 247.826 104.0% 103.7% 99.7% Total GoU+Donor (MTEF) 265.278 N/A 283.404 282.598 106.8% 106.5% 99.7% Arrears 1.985 N/A 1.985 1.985 100.0% 100.0% 100.0% (ii) Arrears and Taxes Taxes** 8.546 N/A 8.546 8.543 100.0% 100.0% 100.0% Total Budget 275.809 254.288 293.934 293.126 106.6% 106.3% 99.7% (iii) Non Tax Revenue 5.700 N/A 0.001 0.000 0.0% 0.0% 0.0% Grand Total 281.509 254.288 293.935 293.126 104.4% 104.1% 99.7% Excluding Taxes, Arrears 270.978 254.288 283.404 282.598 104.6% 104.3% 99.7% * Donor expenditure information available ** Non VAT taxes on capital expenditure The table below shows cumulative releases and expenditures to the Vote by Vote Function : Table V1.2: Releases and Expenditure by Vote Function* Billion Uganda Shillings Approved Released Spent % Budget % Budget % Budget Released Spent Releases Spent VF:1401 Macroeconomic Policy and Management 86.65 78.20 78.20 90.3% 90.3% 100.0% VF:1402 Budget Preparation, Execution and Monitoring 17.26 20.98 20.87 121.6% 120.9% 99.5% VF:1403 Public Financial Management 37.27 63.43 62.95 170.2% 168.9% 99.2% VF:1404 Development Policy Research and Monitoring 25.60 27.24 27.23 106.4% 106.4% 100.0% VF:1406 Investment and Private Sector Promotion 43.31 33.38 33.30 77.1% 76.9% 99.7% VF:1408 Microfinance 16.66 14.13 14.12 84.8% 84.7% 100.0% VF:1449 Policy, Planning and Support Services 44.23 46.04 45.92 104.1% 103.8% 99.7% Total For Vote 270.98 283.40 282.60 104.6% 104.3% 99.7% * Excluding Taxes and Arrears (ii) Matters to note in budget execution Challenges faced during budget implementation in the quarter include the following; The National Lotteries Board is still facing a number of challenges in execution of its activities because of the pending passing of the Lotteries and Gaming Act. As thus, putting in place a fully fledged Board secretariat with staff recruited and independent offices secured is still pending as well as formulation of industry regulations. During the period, there was a surge in the exchange rate and this affected a number of activities under the Financial Management Department. Because of the increased exchange rate, oracle licenses were at unusually Vote: 008 Ministry of Finance, Planning & Economic Dev. QUARTER 4: Highlights of Vote Performance high costs. Uganda Microfinance Regulatory Authority-(MRA) was not established since the Tier IV Microfinance Bill that gives legal existence to UMRA is not yet passed into Law by Parliament. Also lack of adequate security/collateral by the borrowers and poor loans record limited the amount of loans disbursed. In addition, the Microfinance Support Center Ltd staffing is still low which impacts on set timelines to achieved planned targets Table V1.3: High Unspent Balances and Over-Expenditure in the Domestic Budget (Ushs Bn) (i) Major unpsent balances (ii) Expenditures in excess of the original approved budget Programs and Projects VF:1402 Budget Preparation, Execution and Monitoring 2.59Bn Shs Programme/Project: 11 Budget Policy and Evaluation Reason: This includes a reallocation for OBT automation and a reallocation for advertisement of the Publications under Budget Directorate Items 2.01Bn Shs Item: 225001 Consultancy Services- Short term Reason: Re allocation to cater for OBT automation. Programs and Projects VF:1403 Public Financial Management 2.14Bn Shs Programme/Project: 05 Financial Management Services Reason: Reallocation to IFMS Items 2.14Bn Shs Item: 221016 IFMS Recurrent costs Reason: There was a reallocation to cater for the deficit on IFMS contracts Programs and Projects VF:1404 Development Policy Research and Monitoring 1.85Bn Shs Programme/Project: 0978 Presidential Initiatives on Banana Industry Reason: Supplementary expenditure Items 1.95Bn Shs Item: 211102 Contract Staff Salaries (Incl. Casuals, Temporary) Reason: A supplementary expenditure was approved to cater for salaries for staff following a Budget cut for PIBID Programs and Projects VF:1401 Macroeconomic Policy and Management 1.48Bn Shs Programme/Project: 08 Macroeconomic Policy Reason: Provision for FIA Items 1.89Bn Shs Item: 264101 Contributions to Autonomous Institutions Reason: Additional resources to cater for the Financial Intelligence Authority Programs and Projects VF:1403 Public Financial Management 0.89Bn Shs Programme/Project: 13 Technical and Advisory Services Reason: Reallocation Items 0.92Bn Shs Item: 263106 Other Current grants (Current) Reason: Reallocation to cater for the PPDA Tribunal Programs and Projects VF:1449 Policy, Planning and Support Services 0.84Bn Shs Programme/Project: 0054 Support to MFPED Reason: Reallocation for travel bills Vote: 008 Ministry of Finance, Planning & Economic Dev. QUARTER 4: Highlights of Vote Performance Items 0.55Bn Shs Item: 227002 Travel abroad Reason: Reallocation to cater for the pending travel bills Programs and Projects VF:1406 Investment and Private Sector Promotion 0.73Bn Shs Programme/Project: 0933 Competitiveness & Investment Climate Secretariat Reason: Reallocation under CICS Items 0.75Bn Shs Item: 221002 Workshops and Seminars Reason: There was a reallocation to facilitate the Global Competitiveness Forum Programs and Projects VF:1402 Budget Preparation, Execution and Monitoring 0.52Bn Shs Programme/Project: 1063 Budget Monitoring and Evaluation Reason: A reallocation was effected under BMAU Items 1.20Bn Shs Item: 211103 Allowances Reason: The Reallocation was to cater for payment of honoraria * Excluding Taxes and Arrears V2: Performance Highlights This section provides highlights of output performance, focusing on key outputs and actions impelemented to improve section performance. Table V2.1: Key Vote Output Indicators and Expenditures* Vote, Vote Function Approved Budget and Cumulative Expenditure Status and Reasons for Key Output Planned outputs and Performance any Variation from Plans Vote Function: 1401 Macroeconomic Policy and Management Output: 140101 Macroeconomic Policy, Monitoring and Analysis Description of Performance: Fiscal and Monetary policy Fiscal program for FY 2014/15 No variation program for FY 2014/15 approved approved and implemented Fiscal programme for FY Quarterly performance bulletins 2015/16 developed for financial sector disseminated Final fiscal responsibility Economic performance reports charter produced and selected monthly economic indicators disseminated Financial sector bulletin for Q3 produced of FY 2014/15 Progress reports on the East Reports on economic and African Community Monetary financial sector developments Union negotiations produced. produced for the months of March, April and May. 18.2% of the National Budget for FY 2014/15 mobilized from Updated Government cashflow external sources statement and macroeconomic framework that reflect the 25 Grant Financing Agreements overall government with Development Partners performance of revenues, concluded. expenditures and financing requirements. Reports on economic and financial sector developments were produced for Q1, Q2 and Q3 produced Vote: 008 Ministry of Finance, Planning & Economic Dev. QUARTER 4: Highlights of Vote Performance Vote, Vote Function Approved Budget and Cumulative Expenditure Status and Reasons for Key Output Planned outputs and Performance any Variation from Plans Report on the BOP position produced for Q1 FY 2014/15 Government of Uganda quarterly cash limits set for Q2, Q3 & Q4 FY 2014/15 Economic indicators for planning availed Report on fiscal risk sustainability produced Report on the BOP position produced for Q1 & Q2 FY 2014/15 Multilateral technical missions serviced Final Annual cash flow statements for FY 2013/14 and Monthly cash flow statements for Q1, Q2 & Q3 Annual economic and financial performance report for 2013/14 produced Financial sector bulletin for Q1, Q2 & Q3 produced of FY 2014/15. Macroeconomic framework Updated Fiscal analysis report for 2013/14, and Q1, Q2 & Q3 2014/15 produced Negotiations on the establishment of the East African Community Monetary Union were completed and Protocol document has been ratified by Parliament. 18.2% of the National Budget for FY 2014/15 mobilized from external sources 25 Grant Financing Agreements with Development Partners concluded. Performance Indicators: Number of Tax Amendments 4 4 Bills produced Number of progress reports 4 4 on Macroeconomic model Vote: 008 Ministry of Finance, Planning & Economic Dev. QUARTER 4: Highlights of Vote Performance Vote, Vote Function Approved Budget and Cumulative Expenditure Status and Reasons for Key Output Planned outputs and Performance any Variation from Plans produced Number of macro economic 20 20 reports produced Output Cost: UShs Bn: 7.567 UShs Bn: 5.406 % Budget Spent: 71.4% Output: 140102 Domestic Revenue and Foreign Aid Policy, Monitoring and Analysis Description of Performance: Quarterly Domestic financing Monthly, Quarterly and Annual 12 Revenue performance reports for FY 2014/15 prepared Tax and Non-Tax revenue reports were targeted for the FY performance reports were 2014/15 revised from 14 Medium term resource envelope prepared and recommendations indicated.
Load more

Recommended publications
  • SERENA HOTELS and an Extension to the 5-Star Profile of the Flagship Kampala Serena Hotel, SAFARI LODGES .HOTELS
    FACT SHEET The Resort is styled to replicate the lines of a classically rustic Roman Villa which might just as easily stand amid the sunflowers of the Tuscan Hills, as on the shores of Africa’s largest lake. This resort will offer both a contrast SERENA HOTELS and an extension to the 5-star profile of the flagship Kampala Serena Hotel, SAFARI LODGES .HOTELS. RESORTS thus ensuring that the Serena Portfolio embraces all the aspects of Uganda’s social and cooperate life. Future developments on the property include a golf-course, marina and luxury residential complex. LAKE VICTORIA SERENA RESORT GUESTROOM INFORMATION DINING AND BAR ACTIVITIES Total number of rooms and suites The Citadel All Day Restaurant 124 The Lake View Pool Terrace Standard rooms 114 The Courtyard Lounge General Manager Executive rooms 8 The Piano Bar Terrace Wilfred Shirima State Suites 2 Kigo Lounge Bar Direct Contact Lake Victoria Serena Resort FRONT DESK SERVICES P.O.Box 37761, Kampala, Uganda Express Check-in and Check-out BUSINESS CENTER SERVICES Lweza-Kigo Road, Off Entebbe Road facilities Fully equipped Business Tel: +256 41 7121 000 24 hrs Currency Exchange Center. Fax: +256 41 7121 550 Facilities Private boardrooms Email: [email protected] Secretarial Services Website: www.serenahotels.com Faxing Services TRANSPORTATION TO/FROM THE HOTEL Entebbe International Airport is CONFERENCE ROOM 35 kilometers away. FACILITIES Taxis and Shuttle services Reservations Spacious, well appointed Available Kampala Serena Hotel meeting rooms with modern Limousine Services Available Tel: +256 41 4309 000 facilities Fax: +256 41 4259 130 Banquet and catering services Email: [email protected] GUEST ROOM FACILITIES Remote controlled air conditioning Other Conference facilities in all the rooms.
    [Show full text]
  • Absa Bank 22
    Uganda Bankers’ Association Annual Report 2020 Promoting Partnerships Transforming Banking Uganda Bankers’ Association Annual Report 3 Content About Uganda 6 Bankers' Association UBA Structure and 9 Governance UBA Member 10 Bank CEOs 15 UBA Executive Committee 2020 16 UBA Secretariat Management Team UBA Committee 17 Representatives 2020 Content Message from the 20 UBA Chairman Message from the 40 Executive Director UBA Activities 42 2020 CSR & UBA Member 62 Bank Activities Financial Statements for the Year Ended 31 70 December 2020 5 About Uganda Bankers' Association Commercial 25 banks Development 02 Banks Tier 2 & 3 Financial 09 Institutions ganda Bankers’ Association (UBA) is a membership based organization for financial institutions licensed and supervised by Bank of Uganda. Established in 1981, UBA is currently made up of 25 commercial banks, 2 development Banks (Uganda Development Bank and East African Development Bank) and 9 Tier 2 & Tier 3 Financial Institutions (FINCA, Pride Microfinance Limited, Post Bank, Top Finance , Yako Microfinance, UGAFODE, UEFC, Brac Uganda Bank and Mercantile Credit Bank). 6 • Promote and represent the interests of the The UBA’s member banks, • Develop and maintain a code of ethics and best banking practices among its mandate membership. • Encourage & undertake high quality policy is to; development initiatives and research on the banking sector, including trends, key issues & drivers impacting on or influencing the industry and national development processes therein through partnerships in banking & finance, in collaboration with other agencies (local, regional, international including academia) and research networks to generate new and original policy insights. • Develop and deliver advocacy strategies to influence relevant stakeholders and achieve policy changes at industry and national level.
    [Show full text]
  • Uganda Pearl of Africa Uganda Map of Uganda
    Destination Showcase: Uganda Pearl of Africa Uganda Map of Uganda H1 Kampala Serena Hotel EUROPE H2 Jinga Nile Resort H3 Sanctuary Gorilla Forest Camp AFRICA SUDAN UGANDA Nile River DEMOCRATIC Moroto REPUBLIC OF CONGO Murchison Falls National Park Lake Albert Masindi Lake Kyoga Mbale Fort Portal H2 H1 Jinja KAMPALA Entebbe Equator Airport Queen Elizabeth National Park Lake Edward Masaka Mbarara Lake Victoria KENYA H3 BWINDI Kabale RWANDA TANZANIA Uganda Uganda, officially the Republic of Uganda, is a landlocked country in East Africa. Uganda is bordered on the east by Kenya, on the north by South Sudan, on the west by the Democratic Republic of the Congo, on the southwest by Rwanda, and on the south by Tanzania. The southern part of the country includes a substantial portion of Lake Victoria, shared with Kenya and Tanzania. Uganda lies within the Nile basin, and has a varied but generally equatorial climate. Uganda has two official languages: Swahili and The country is fortunate to harbour Lake Victoria, English. Luganda, a southern language, is widely the second largest lake in the world forming the spoken across the country, and multiple other source of the Nile, the second largest river in the languages are also spoken. Uganda’s currency is world. the Ugandan Shilling. Most famous for its gorilla trekking expeditions, Ecologically, Uganda is where the East African friendly Uganda is also home to classic game savannah meets the West African jungle. Where reserves and is rapidly making a name for itself else but in this uniquely lush destination can as an excellent chimpanzee tracking and bird one observe lions prowling the open plains in watching destination.
    [Show full text]
  • Gender, Economic Precarity and Uganda Government's COVID-19
    Gender, Economic Precarity and Uganda Government’s COVID-19 Response SARAH N. SSALI Makerere University [email protected] Abstract Understanding the gender implications of government policy is important for effective implementation. This article examines the gender implications of the COVID-19 government response in a liberalised economy. It sought to examine the gendered effects of the Uganda government’s COVID-19 response. Specifically, it interrogated the gendered experiences of males of females of the COVID-19 lockdown, how gender shaped these experiences and how gender can be mainstreamed in the COVID-19 response. Following guidance from the World Health Organisation, Uganda’s COVID-19 response included lockdown, massive testing of people in quarantine and at borders, contact tracing, a national community survey and promulgation of laws to penalise non-compliance. The key method of data collection was documents review of both grey and published literature. The key findings showed that the neoliberal economic system in which Uganda’s COVID- 19 response was implemented cannot effectively serve the interests of all. Rather, gender, compounded with economic, social and regional inequalities converged to produce negative experiences for women and other marginalised groups in relation to health, education, justice and livelihoods. The article concludes by recommending attention to gender and context when designing crisis response strategies. Specifically, to recommends safety nets to enable the vulnerable survive crises like COVID-19. Key Words: Gender, Gendered, Neoliberalism, COVID-19, Lockdown African Journal of Governance and Development | Volume 9 Special Issue 1.1 • September • 2020 287 Introduction This paper examines the effects of Uganda government’s COVID-19 response from a gender perspective.
    [Show full text]
  • Tdb 34Th Agm of Board of Governors 29Th July to 01St
    29TH JULYTDB TO 34 01THST AGMAUGUST OF BOARD 2018, SERENA OF GOVERNORS HOTEL KAMPALA The Government of Uganda is hosting the 34th Annual General Meeting of TDB’s Board of Governors from the 29th of July to the 1st of August 2018, at the KAMPALA SERENA HOTEL, Uganda. In collaboration with the Ministry of Finance of Uganda, measures have been put in place to assist each Minister or representative delegate. Accomodation has been booked for the delegates by TDB. TDB has negotiated special rates. Alternative hotel recommendations and practical information are provided in this kit. PROTOCOL AND LOGISTICS - Geraldine Kaligirwa [email protected] - Mahider Kebede [email protected] - Judith Mongala [email protected] INFORMATION KIT 29th July - 1st August 2018, KAMPALA SERENA HOTEL, UGANDA TDB 34TH AGM OF BOARD OF GOVERNORS VISA TRANSPORT Delegates’ visas will be granted on -Return shuttle is available from arrival. Submit a valid scanned copy the airport to hotel, provided by of your passport biodata page to the Governement of Uganda. [email protected] Submit your flight details no Immigration officers will request later than 23rd of July, 2018 to the following upon arrival: [email protected] -A valid return or onward ticket - Hotel shuttle service is available with -Confirmed accommodation additional charge of USD 50.00 (one -Yellow fever vaccination card way) per person. Book 4 days prior to check-in at the respective hotel. -Airport taxis are also available for personal errands. SECURITY CALL The Government of Uganda will make - Local time : GMT +3 appropriate security arrangements for - Country code: +256 participants at the selected hotels and - Intern.
    [Show full text]
  • Kampala Serena Hotel Fact Sheet
    KAMPALA SERENA HOTEL FACT SHEET A member of The Leading Hotels Of The World Serena's Uganda flagship, the Kampala Serena Hotel is a green oasis in the centre of Kampala standing amidst 17 acres of landscaped grounds and water gardens. Location Guest Services & Facilities The hotel is situated in central Kampala, 40 kilometres Laundry services from Entebbe International Airport and within walking Valet services on request distance of all central Kampala has to offer. House-doctor on call 24 hrs Gift shop/News Stand Accommodation Concierge service Total number of rooms and Suites: Porter service 152 including 4 inter-connecting rooms Fully equipped Business Centre Deluxe Rooms 108 Babysitting Executive Rooms 32 Hair & Beauty salon Executive Suites 8 The Maisha Health Club and Spa Businessman’s Suites 3 Gymnasium Presidential Suite1 Steam rooms Sauna Room Amenities Aerobics room 24-hour room service Massage and treatment rooms Air-conditioning Large swimming pool Wi-Fi and in-room modem hook-up direct-dial phone with voice-mail Maisha Spa Complimentary newspaper A two-storey terracotta edifice traced by delicate white Satellite TV pillars that blossom into bud on its sun-terraced roof, Mini bar ‘Maisha' echoes the trademark Moorish theme of its Private safe sister facility in Nairobi. Kampala's first and only world- 240V/3 pin (square)sockets and shaver sockets class spa, ‘Maisha' offers an unrivalled range of regimes Tea and coffee-making facilities complemented by luxuriant steam rooms, saunas, iced Hair driers
    [Show full text]
  • The Uipe Annual Dinner 2016
    Issue No. 4 of 2016 * Nov - Dec 2016 UGANDA INSTITUTION OF PROFESSIONAL ENGINEERS THE UIPE ANNUAL DINNER 2016 UIPE President, Eng. Dr. Dorothy Okello addressing participants Eng. Hillary Onek, the minister for disaster preparedness addressing participants Every year, Uganda Institution of Professional Engineers among other activities, organises an annual dinner aimed The guest of honour was H.E Ambassador Dónal Cronin, at bringing together Engineers and professionals to share the Ireland Ambassador to Uganda. Other invited guests experience and propagate networking opportunities within included the Minister of state for works and transport, the profession. This year, the institution organized its Hon. Bagiire Aggrey, Eng. Hillary Onek, the minister for Annual Dinner and awards ceremony on the 25th disaster preparedness and Eng. Bagonza Samson the chief November 2016 at Hotel Africana under the theme engineer from the ministry of works and transport among “creating awareness of the role of engineering other dignitaries. professionals in achieving the Sustainable Development Goals, with a focus on Innovation, Industry and infrastructure.” This year’s annual dinner was organized by UIPE Kampala Branch together with UIPE secretariat. In his speech, Eng. Dr. Mark Henry Rubarenzya; the Chairman, UIPE Kampala Branch noted that raising our profile as engineers can best be achieved by embracing and harnessing the numerous opportunities available today, especially in the areas of Innovation, Industry and Hon. Bagiire Aggrey, the Minister of state for works and transport infrastructure. addressing participants The major sponsors of this yea’s annual dinner were, 1. Multiple industries Ltd 2. National Water & Sewerage Corporation 3. COWI (U) LTD 4.
    [Show full text]
  • An East African Regional Forum Proceedings Report
    OIL AND GAS MANAGEMENT FOR INCLUSIVE AND SUSTAINABLE DEVELOPMENT: AN EAST AFRICAN REGIONAL FORUM PROCEEDINGS REPORT ORGANIZED BY Economic Policy Research Centre I Kenya Institute for Public Policy Research and Analysis I Brookings Africa Growth Initiative KAMPALA, UGANDA I JANUARY 23–24, 2013 The KENYA INSTITUTE for PUBLIC POLICY RESEARCH and ANALYSIS Acknowledgments This forum and report were made possible because of the generous support of the John D. and Catherine T. MacArthur Foundation. The organizers are also grateful for the financial support of the African Capacity Building Foundation, the Think Tank Initiative of the International Development Research Centre and the Government of Uganda. We also extend our appreciation to the minister of finance, the minister of energy and mineral development, and the ambassador of the Royal Norwegian Embassy in Kampala for officiating the forum. We are also indebted to all delegates from civil society organizations, the private sector, the media, and the cultural and opinion leaders from the Albertine and Turkana regions, who participated and brought their wealth of expertise, without which the deliberations reported herein would not have been possible. Finally, we thank our partners in South Sudan and, in particular, the Centre for Strategic Analyses and Research. The Brookings Institution is a private non-profit organization. Its mission is to conduct high-quality, independent research and, based on that research, to provide innovative, practical recommendations for policymakers and the public. The conclusions and recommendations of any Brookings publication are solely those of its author(s), and do not reflect the views of the Institution, its management, or its other scholars.
    [Show full text]
  • Rotary Club of Kampala A/C Number
    Namuziga “The Rotary Wheel” Rotary Club of Kampala Vol. 5 Issue 22 Thursday 3rd December, 2015 FRONT PIC: ROTARY ON THE GREEN GOLF TOURNAMENT WAS A SUCCESS Since May 20th 1957, District 9211, R.I Zone 20A RCKLA Rotary Club of Kampala Web: www.rotarykampala.org Since May 20th 1957, District 9211, R.I Zone 20A RCKLA Rotary Club of Kampala Web: www.rotarykampala.org 1 BUDDY GROUP IN CAHRGE OF FELLOWSHIP Word from the president JAGUAR - Leader - Rtn. Jackie Ayuya our Rotary Hospital. A very big thank Fellowship Program you to the Golf Captain who hosted Call Fellowship to order us and entertained us very well. We Hoisting of both National and RI flags: National Anthem acknowledge the hospitality of the Grace: Rtn Henry Rugamba entire membership of the club, the Loyal toast: Rtn David Twahirwa generosity of the sponsors and the 4 Way Test: Rtn Godfrey Kakembo willingness of the participants and Object of Rotary: Rtn Stephen Semuga finally congratulations to the win- Apologies: ners in the various events. Ambassadorial Reports: The Object of Rotary Introduction of Speaker: We definitely had a wonderful time The object of Rotary is to encourage and foster the ideal of Speaker: service as a basis of worthy enterprise and in particular to at the golf club and enjoyed the Activity: Club Assembly encourage and foster: hospitality and participation of the Vote of Thanks: First: members in fundraising for a noble Sergeant at Arms: The development of acquaintance as an opportunity for service cause. We were lucky this time that Club Song: Second: the rains did not disrupt the game.
    [Show full text]
  • Lenders to Uganda Hulya Pasaogullari 13 May 2019
    Helpdesk Report Principal Lenders to Uganda Hulya Pasaogullari 13 May 2019 Question Provide an overview of Uganda’s external debt for: a) the types of lending products used (loans, guarantees, etc.); b) the financial terms of these products (interest rates, tenors, grace periods if any, service fees etc); c) where feasible, the grant elements of these products; and d) non-financial terms that may apply to the loans (e.g. collateralisation, requirements to purchase goods and services from certain providers, requirements relating to which legal systems are used to resolve disputes, and stringency of associated social, environmental standards). e) overview of Kenya’s external debt covering the above items and comparison of external debt structure between Uganda and Kenya. The review will provide information on: Public debt composition of Uganda, domestic and external borrowing, guarantees and grants (data permitting) Uganda’s external debt figures in terms of lender, sector and currency composition and general overview of financial terms by lenders on recently signed external debt loan agreements (data permitting in general terms, data not available in loan terms) Public debt composition of Kenya, domestic and external borrowing (data permitting) and external debt figures in terms of lender composition and general overview of financial terms (data permitting in general terms) For Uganda, World Bank Group (WBG) (40% of total debt stock), African Development Bank Group (AfDB) (16% of total debt stock), China (25% of total debt stock) and Japan (4% of total debt stock) lending activities are reviewed. External lenders’ non-financial terms according to the lenders’ applicable general guidelines on project procurement, jurisdiction, negative pledge and other miscellaneous issues (data permitting in general terms, data unavailable in loan terms).
    [Show full text]
  • 89952254.Pdf
    2 Vol.1, ISSUE 9 - Apr. 2012 Vol.1, ISSUE 9 - Apr. 2012 3 HOTEL TRIANGLE Email: [email protected] 16 Buganda Road, Website: www.bougainviller.com Tel: 041-4231747 UGANDA HOTEL OWNERS ASSOCIATION Website: www.hoteltriangle.co.ug Hotel Africana Conference Complex HOTEL RUCH Tel: +256 (0)414 345 601 Kintu road, Fax: +256 (0)414 232 675 Mob: 078-2820100 Email: [email protected] Email: [email protected] METROPLE HOTEL KAMPALA HUMURA RESORT 51/53 Windsor crescent, 3 Kitante Close, Kololo, Tel: 0414391000 Tel: 0414 700 400 Email: [email protected] Email: [email protected] MUNYONYO COMMONWEALTH RESORT LTD IMPERIAL ROYALE HOTEL Tel: 041-4227111 7 Kintu Road, Email: [email protected] Tel: 041-7111001 Email: [email protected] PROTEA HOTEL KAMPALA Website: www.imperialhotels.co.ug 8 Upper Kololo Terrace, Tel: 031-2550000, IVY’S HOTEL Email: [email protected] 90/91 wakaliaga Road, Tel: 041-4273664 RWIZI ARCH HOTEL Email: [email protected] Mob: 0772 684 839 Email: [email protected] KABIRA COUNTRY CLUB 63 Old Kira Road, Bukoto SERENA LAKE VICTORIA RESORT Tel: 031-2227222/3/4/5 Lweza-Kigo Road Off Entebbe Road Email: kabiracountryclub@kabiracountry- Tel: (+256) 417121000, club.com SHANGRI-IA HOTEL LTD KAMPALA REGENCY HOTEL Tel: 041-4250366, 78/79 Namirembe Road 041-4236213, Tel: 041-427018, Email: [email protected] Mob: 077-2444921 SHERATON KAMPALA HOTEL KAMPALA SERENA HOTEL 1Ternan Avenue, Nakasero Kintu Road, Nakasero Tel: 041-4420000, Tel: 041-4309000, 031-2322460 031-2309000 Mob: 075-2780010 Email: [email protected] Email: [email protected] SPEKE HOTEL 1996 LTD LE BOUGAINVILLER HOTEL Nile Avenue, Tel: 041-4259221 Ext.2009 Opp.
    [Show full text]
  • UBA Member Bankers Association Bank Ceos
    Uganda Bankers’ Association Annual Report 20 18 Uganda Bankers’ Association Annual Report 3 Content. 6 10 About Uganda UBA Member Bankers Association Bank CEOs 8 14 UBA Structure and UBA Executive Governance Committee 2018 9 15 UBA Members as at UBA Secretariat 31st December 2018 Management Team Content. 16 31 UBA Committee Key Developments in the Representatives Uganda Banking Space 24 35 UBA Chairman’s UBA’s new Message Strategy 2019-2021 30 37 Message from the UBA Executive Director Activities 2018 68 Financial Statements for the Year Ended 31 December 2018 About Uganda Bankers Association ganda Bankers’ Association (UBA) is an umbrella organization for licensed commercial banks supervised by Bank of Uganda. UBA was established in 1981 and is currently made up of 32 UFinancial Institutions comprising Commercial Banks, Tier 2 Financial Institutions. Made up of Established in 1981 32Members 6 The objectives of UBA include; • To develop and maintain a code of ethics and best banking practices among its membership. • To encourage & undertake high quality pol- icy development initiatives and research on the banking sector, including trends, key issues & drivers impacting on or influ- UBA Vision encing the industry and national develop- ment processes therein through partner- A strong vibrant and ships in banking & finance, in collaboration respected financial with other agencies (local, regional, inter- services industry in national including academia) and research networks to generate new and original pol- the East African region icy insights. • To develop and deliver advocacy strate- gies to influence relevant stakeholders and achieve policy changes at industry and na- tional level. • To work closely with the regulator BOU and other non-bank financial institutions &- or ganizations in promoting financial sector growth, through training, development of UBA Mission products, technologies & initiatives to pro- mote financial sector growth.
    [Show full text]