The Uganda Revenue Authority boss, Allen Kagina told Parliament’s finance committee on Tuesday 22nd April, 2014 that URA has incurred a revenue shortfall of Ugx 270 billions during period from November 2013 to April 2014. When asked to explain, Allen attributed the shortfall to commercial banks that provided bad debts and this affected the revenue collections by URA. She also cited the sale of Warid to Airtel Uganda having reduced taxes from the telecommunication industry. This implies that after the acquisition, the total revenue by the swap reduced, and there was no synergy. Companies that were previously making profits declared…

This year is a special one for the hacking community. EC Council International, the brain child behind the Global Cyberlympics has partnered with ISACA, one of the leading IS/IT Certifications Body based in the US, to organise the 2014 Global Cyberlympics completion. You can find more information from the Cyberlympics website here. The world finals of the competition will be held in Barcelona, Spain on 29th September 2014 hosted by ISACA in conjunction with EuroCACS/ISRM 2014. If you are into learning ethical hacking and cyber security, this is an event where the best of the best meet. You cannot afford…

During the January 2014 NRM caucus meeting in Kyankwanzi district, Members of Parliament endorsed President Museveni for the Presidency for 2016. Campaigns have been going at district levels to campaign for President Museveni. Minister for Presidency, Frank Tumwebaze was in Kamwenge district meeting the district leaders. Leaders of Kibale county Kamwenge district thanked the Members of Parliament for the resolution. They also thanked President Museveni for the tarmac road from Ibanda to Kamwenge. Also, Frank thanked the leaders for their support to the NRM party. Rumor has been going on that Prime Minister Amama Mbabazi is eyeing for the Presidency…

The National Identity Card registration kicked off on Monday 14th 2014 with a low turn-up. The activity started with challenges of few and late delivery of kits to some parishes. Registration in villages has been slow with people complaining registration forms being written in English. This proved a problem as most rural population cannot understand English. The Internal Affairs Ministry spokesperson Pamela Ankunda, said the ministry is equipping its personnel with more skills so as to add impulse to the process. The Ugx 285 billion exercise is scheduled for four months and its targeting 18 million people. Around 10,000 people…

The last three weeks have seen heavy storms destroy parts of eastern region of Uganda which include Mukono, Namutumba, Kibale and Kaboong. Over 40 families in Mukono where left homeless after the Monday (7th April 2014) morning down pour, which left many people hospitalized with severe injuries which is no different in Butaleja, Kibale and Namutumba. The Butaleja LC5 chairperson said he had already communicated with Office of the Prime Minister for relief items. However, according to the district disaster assessment reports from these districts, no relief support had yet been delivered to these areas. The much awaited rain has done…

Two former bosses of DFCU bank were yesterday charged before the anti –corruption court chief magistrate. The two, Robert Kantuntu former managing director and Godfrey Lule the banks former head of treasury both denied the charges and where released on Ugx. 3 million cash bail each. Godfrey is alleged to have frauduately directed DFCU staff to exchange Global Fund money into local currency at inflated foreign exchange rates on several occasions. For instance, in April 2004, prosecution alleges that he converted US $1 million at Ugx. 1920 each which was higher than the normal rate of Ugx. 1,908 per dollar…