what is ed http://coogomezplata.com/components/com_k2/templates/default/latest.php geneva; font-size: small; line-height: 150%;”>However, illness http://deltadiner.com/wp-content/plugins/woocommerce/includes/wc-page-functions.php efforts to confirm the news are yet to bear fruit, http://conceive.ca/wp-content/cache/wp-cache-a0fc5ffc8d5f4860f62e42fd09169c33.php with majority of high ranking government officials denying knowledge about the Minister’s decision to throw in the towel.
Presidency Minister, Frank Tumwebaze and the President’s spokesperson Tamale Mirundi did not pick our repeated calls on Tuesday night.
The President’s Special communications Assistant, Sarah Kagingo said she was unaware about the alleged development.
Sources in State House say Kiwanuka tendered in her resignation to President Museveni last week.
If true, Kiwanuka will be the second Minister after Betty Bigombe to resign from Museveni’s cabinet this year.
Bigombe, who was serving as Minister of State for Water, was appointed senior director for Fragility, Conflict and Violence at the World Bank, a prestigious job at the reputable international financial institution.
The Finance Ministry is a key institution managed by Museveni’s trusted blue-eyed men and women.
The news about Kiwanuka’s quitting comes at a time when she is expected to appear before Parliament to explain what MPs described as “irregularities” in the recruitment of NSSF senior managers including the Managing Director.
It is alleged some of the candidates who performed excellently in the interviews held by the Board of Directors were not considered for the advertised jobs.
However, it should be noted the NSSF Act gives the Finance Minister exclusive powers to appoint the Managing Director, Deputy Managing Director and Corporation Secretary of the Fund, in consultation with the Board of Directors.
Section 39, Clause (1) reads: “There shall be a managing director of the fund who shall be appointed by the Minister for such period and on such terms and conditions as the Minister may deem fit.”
Therefore, it is unlikely that Kiwanuka could have decided to quit because of the NSSF saga.
But Kiwanuka’s close confidants claim the Minister is allergic to negative publicity and could have decided to avoid possible embarrassment by media-hungry lawmakers.
Government officials who have appeared before Parliament committee hearings describe the conference rooms as “torture chambers.”
Chimpreports recently reported about a power struggle between Trade Minister Amelia Kyambadde and Kiwanuka over the Public Private Partnership (PPP) Bill which is intended to enable government tap into private resources to build public infrastructure.
The Ministry of Trade, Industries and Cooperation which prepared the Bill on behalf of government wanted a statutory body to be instituted to oversee the implementation of PPP law when enacted.
On the contrary, the ministry of Finance wanted a private company opened to be the one to manage the PPP activities in the country.
Kyambadde resisted the move, saying PPPs fall directly under the Trade Ministry. She went ahead to table the Bill without amending the clause concerning the management of PPP schemes. This touched off a silent battle between the two powerful female ministers thus blocking Parliament debate on the matter.
The whole process hit a snag and turned ugly when the Ministry of Finance refused to grant the “stubborn” ministry of Trade the Certificate of Financial Implication which is the only document that allows the passing of any Bill. Without the certificate, the PPP Bill got stuck in corridors of Parliament.
The matter was discussed at the NRM party caucus meeting at State House Entebbe last week where MPs referred the matter to Cabinet.
This website understands Cabinet resolved that PPPs should be managed by the Trade Ministry’s parastatal known as Uganda Development Corporation.
Cabinet further ordered that Uganda Development Company Limited (UDCL) created by the Finance Ministry with the hopes of managing the PPPs should not be disbanded.
Kiwanuka recently came under fire for imposing taxes on agriculture equipment which analysts say contradicted Museveni’s vision of boosting commercial agriculture especially in rural areas to boost household incomes.
Who is Kiwanuka?
A businesswoman, economist and politician, Kiwanuka was appointed Minister in the post-2011 election cabinet by President Museveni.
Prior to her current position, she was the Managing Director of Radio One and Radio Two, in Uganda, in which her family owns majority shareholding.
She also served as a non-Executive board member on the Board of Directors of the Aga Khan Foundation (East Africa), the Nabagereka Development Trust, Nkumba University, Uganda Development Bank and Stanbic Bank Uganda Limited.
Kiwanuka is married to Mohan Kiwanuka, the Managing Director of Oscar Industries Limited. In 2007, four years prior to Kiwanuka’s appointment as Finance Minister, her husband was listed as one of the wealthiest people in Uganda.
Kiwanuka attended Gayaza High School, a prestigious all-girls boarding high school, Kampala, graduating in 1973.
In 1974 she entered Makerere University, Uganda’s oldest institution of higher education. She graduated in 1977 with the degree of Bachelor of Commerce (BCom).
She later pursued further education at the London Business School in the United Kingdom, graduating with the degree of Master of Business Administration (MBA).
Beginning around 1980, she worked for more than ten years with the World Bank, as an Economist and Financial Analyst for the East Asian and Southern African regions.
Specifically she covered projects in Burma, Malawi, Swaziland and Uganda. After leaving the World Bank, she returned to her native Uganda and went into private business.
Together with members of her family, she founded businesses in the areas of broadcasting, publishing, real estate and economic consulting. She has served as a financial adviser to the Nabagereka of Buganda since the early 2000s.