Breaking

Buganda Kingdom Registers UGX 21Billion Deficit in 2019/2020 Budget

Buganda Kingdom’s Finance Minister Robert Waggwa Nsibirwa has revealed that the institution has failed to raise the targeted 121.07 billion Shillings in the concluding financial year 2029/2020 due to the Covid-19 pandemic.
29 Jun 2020 19:03
Buganda Kingdom's Finance Minister Robert Waggwa Nsibirwa.

Audio 3



Buganda Kingdom’s Finance Minister Robert Waggwa Nsibirwa has revealed that the institution has failed to raise the targeted 121.07 billion Shillings in the concluding financial year 2019/2020 due to the emergence of the Coronavirus (COVID-19) pandemic.

According to Nsibirwa, the traditional institution realized only 100 billion Shillings creating a deficit of 21 billion. Nsibirwa was on Monday afternoon unveiling the new financial year 2020/2021 budget.

The Kingdom collects the funds from Envujjo, Busuulu and Kanzu, debt payment from the Central government, student payments, development partners, sports activities, Buganda Certificates and Kingdom portraits, communication stations, tourism and cooperatives, among others. In turn, the collected funds finance different key kingdom activities highlighted in the budget.

Speaking about the deficit, Nsibirwa said that COVID-19 has affected the Kingdom’s income since different measures set out by government to tame the spread of the virus forced the closure of schools in which they partly collect school fees and others.

He also noted that Kingdom tenants could not pay rent dues, land transactions by Buganda Land Board was also affected, advertisements in different Kingdom Communication Stations reduced and others.

Luganda

//Cue in: “mukama wange…

Cue out:…emirimu.”//

Nsibirwa emphasized that the Kingdom also expected money from sell of certificates and Kingdom portraits but these did not yield much since traditional ceremonies have been few during the lock down. The Finance Minister says that some of the Kingdom’s activities they set out to do like holding health camps in different counties could not be done.

//Cue in: “ekisooka ebisaale…

Cue out:…kugendayo.”//

Uganda Radio Network-URN revisited the Kingdom’s 2019/2020 financial year budget and it learnt that out of the targeted 18.05 billion from school fees, the traditional institution collected 16.4 billion, while Busuulu from different buildings yielded 2.57 billion out of the targeted 4.81 billion.

Kingdom development partners brought in 17.2 billion instead of the targeted 37.2 billion, while sports activities collected 738 million instead of 2.36 billion. However the Kingdom collected 27 billion from Envujjo, Busuulu and Kanzu on Kabaka’s land higher than the targeted figure of 26.3 billion. It also received 5 billion from government instead of the targeted 4.5 billion.

On 21st March 2020, Uganda registered its first COVID-19 case forcing President Yoweri Kaguta Museveni to declare a lockdown that forced people to stay home and several businesses closed, and different activities in institutions halted or canceled.

Nsibirwa said despite the challenges related to COVID-19, the Kingdom achieved some of their set out activities like registering the office of the Attorney General “Buganda Royal Law Chambers”, won over 140 cases in courts of law, hosted the Sultan of Sokoto, renovated the Nkoni Palace, started renovation of Bamunaanika Palace and others.      

Images 1

Keywords