Ramathan Goobi - PSST {Photo credit - file} By Jose Kabale The Permanent Secretary, also Secretary to the Treasury Ramathan Goobi has assured the traders that the Electronic Fiscal Receipting and Invoicing Solution (EFRIS) is not about to be suspended because it's legal. Goobi said this during the media brief of the state of economy and the fourth quarter expenditure release for the financial year 2023/2024 at the Ministry of Finance, Planning and Economic Development conference hall in Kampala today. Last Monday, business activities in downtown Kampala, particularly in the Kikuubo hub, were disrupted as some traders opted to close their shops in protest over various concerns regarding business concerns that include issues with tax policy and administration, particularly the 18 % VAT imposed on every sold commodity and the enforcement of the electronic Fiscal Receipting and Invoicing Solution (EFRIS), which traders allege it lacks sufficient sensitization among the business commun...
NUP's SG David Lewis Rubongoya {Photo Credit - File} By Jose Kabale On Tuesday, the Ugandan Parliament chaired by Anita Annet Among approved the motion which requested for an extension of a 500m gratuity to the outgoing Auditor General John Muwanga. The proposal, that was presented at the floor of Parliament by the state minister for Finance/General Duties Henry Musasizi, he proposed that the outgoing Auditor General John Muwanga should be allowed a 500m on top of a life-time salary which is equivalent to that of a sitting officer, a state burial upon death, a furnished house, a one-off payment in lieu of accommodation, an annual medical allowance, provisions for transportation, security among others. According to NUP's Secretary General, David Lewis Rubongoya, the act is a move to sanitize the Parliamentary leadership of the previous accusations leveled against them of graft and misappropriation of public funds. "The one of the Auditor General is meant to sanitize the se...