WHY UGANDA GOVERNMENT SHOULD ADOPT QUICKLY THE PENALTY PARLIAMENT SYSTEM/ POLICY TO CREATE REMEDY FOR DELAYS IN BOTH JUSTICE AND BUSINESS:
By Kayonde Abdallah.
1.Its More effective deterrence: Penalty payment system is more likely to deter non-compliance and enforce compliance because the cost of non-compliance is higher than the cost of compliance.
- Speedier resolution: Penalty payment system will result in quicker resolution of disputes as the parties will be motivated to resolve them quickly to avoid penalties.
- More revenue: Penalty payment system can generate more revenue for the government which can be used to improve social and economic development in the country.
- Less legal costs: Penalty payment system can reduce legal costs for both parties as they are more likely to settle disputes outside of court.
- More fair: Penalty payment system is more fair as it punishes wrongdoers and compensates victims of non-compliance, without imposing excessive punishment.
- Prevents black market: Penalty payment system can help to prevent the growth of a black market as people will be less likely to engage in illegal activities knowing there are penalties involved.
- Encourages compliance: Penalty payment system encourages compliance as people are more likely to comply when they know they will be penalized for noncompliance.
- Promotes formalization: Penalty payment system promotes the formalization of the Labour externalization business as it encourages people to register their businesses and comply with regulations.
- Promotes accountability: Penalty payment system promotes accountability as it holds people responsible for their actions, and encourages them to act in accordance with regulations.
- Enhances reputation: Penalty payment system can enhance the reputation of the Labour externalization business as it promotes transparency and accountability, and creates a level playing field for all players in the markets. www.migrantworkersvoice.org