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Tag Archives: Debts

UHF: Private hospitals drowning in unpaid debts

Kampala, Uganda | THE INDEPENDENT | The Uganda Healthcare Federation (UHF), an umbrella body for private healthcare providers has expressed the need for an efficient strategy that enables clients pay their due medical bills without creating an unnecessary strain with service providers. Speaking to URN in an interview on Thursday, …

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Buikwe councilors protest payment of UGX 106M debt to contractor

Buikwe, Uganda | THE INDEPENDENT | Buikwe district councilors have protested a move by the executive committee to clear a debt of 106 million Shillings to the contractor who constructed the administration block. The councilors led by Tom Kiwanuka, a councilor of Nyenga division say that they cannot inherit debts left …

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Dollar decline to make Americans poorer: economist

New York, U.S. | Xinhua | The de-dollarization or decline of dollar hegemony will put the United States in a slow crash and make everyday Americans poorer, an economist told Xinhua. Other countries have to de-dollarize because of American foreign policy, forcing them to create an alternative, said Michael Hudson, professor …

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Budget: Uganda’s debt payments near 3/4 of total revenue

Kampala, Uganda |  THE INDEPENDENT | The budget committee of Parliament has raised a red flag at the rising cost of debt payments amidst shrinking revenues as for every 100 shillings collected in revenue, Uganda will be spending 71. 7 shillings in paying local and foreign debts in the coming financial …

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URA: Compliance, debt collection and fighting fraud yields sh383 bn

  Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority’s continued focus on compliance management, debt collection, customs enforcement and investigation of fraudulent schemes ensured the tax body saved sh383 billion in collections in 2018/19. Compliance initiatives yielded sh151.18 billion, debt recoveries brought in sh92.45 billion, customs enforcement had sh78.48 billion saved while investigations were …

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Lawyer Ayena jailed for failing to pay Ugx 146m debt

Lira, Uganda | THE INDEPENDENT |  Crispus Ayena Odongo, former Oyam North County Member of Parliament in Oyam district has been jailed over failure to pay a total of shillings 146 million debts. Ayena, the lead defense lead counsel to Dominic Ongwen, former Lords Resistant Army rebel commander currently undergoing trial …

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Cancel your debts, magically!

Kampala, Uganda | THE INDEPENDENT | Ever wish there was a way to instantly erase all of your financial debt without actually paying back one cent? Who hasn’t, right? Well, an Indonesian guru (religious cult leader) claims he can do just that for the followers of his mysterious debt forgiving …

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