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Of Makerere and why strikes are a wake-up call for Museveni

DP President Norbert Mao

By Norbert Mao

Even those who are not superstitious would agree that Museveni’s seventh term got off to a bad start. If the violence that punctuated the days leading to his declaration as winner, his controversial inauguration and the spate of killings and the high handed response to citizen protests is anything to go by then Museveni should brace himself for more turbulence for the remainder of his tenure at State House. I foresee a political season filled with unrest rather than peace, acrimony rather than consensus and bitterness rather than contentment. Of course all this can be avoided if Museveni realizes that no major national objective can be achieved without political compromise.

Now Makerere is in the throes of unrest. Students are protesting a tuition hike in a public university. For their protests they have been subjected to the most brutal force totally disproportionate to any threats their demonstrations pose. There are reports of wanton beatings, shooting at students with live ammunition, break-ins at student residences, rape, and a virtual Campus wide curfew. This highhandedness must be condemned in the strongest terms possible. Guns, tear gas and batons are not the solutions to Makerere’s dysfunctional decision making processes.

But Makerere is but a microcosm of our condition. The whole country is lethargic. Everyone seems to be in a kind of go-slow strike. The source of the unrest, acrimony and bitterness is not hard to find. From the time Museveni assumed office, his signature tune has been the fact that he is neither Amin nor Obote. A very negative attribute if you ask me. He was seen as the calming influence that would help put the anarchy and lawlessness that characterized the Obote and Amin regimes behind.

In the international community Museveni was garlanded for taking a bold stand against HIV/AIDS and for liberalizing the economy making it the most laisez faire of any African economy. For that Museveni received not only aid dollars in sacks but also the least scrutiny of his human rights record. For years donor countries have had a blind spot for Museveni.

But the house of cards is beginning to tumble down. There is no national economy to speak of. The top five players in the five key sectors are not Ugandan. Infact the drain of foreign currency from the Ugandan economy is because these foreign players repatriate most of their profits in hard currency virtually unregulated. In economic terms Museveni is a puppet. He is like a music conductor waving the conductor’s staff to a tune he hardly understands or controls. The orchestra is commanded from elsewhere.

Sooner or later signs of discontent would begin to show. It is therefore not the public protests and strikes that are causing our economic woes. Neither are they a result of opposition figures badmouthing the regime abroad. Rather these are but symptoms of fundamental structural problems with the way Museveni has run the country.

Income inequalities have trebled over the years. Agriculture in which Uganda would enjoy comparative advantage has been systematically destroyed by Museveni’s wrong policies. The banking sector is run like a casino ripping off would be borrowers. The telecom sector fleeces clients like none across the continent. The government is supposed to be the watchdog protecting the interests of the citizens but it is in deep slumber. In many cases key government officials are accomplices in the grand racket to disinherit Ugandans. Corruption, greed and incompetence is the sound track of Museveni’s script.

It is for this reason that the majority of Ugandans have resorted to the power of the powerless. By going on strike students, taxi drivers, traders, teachers are sending a strong message to Museveni to change course to avert a worse disaster.

This shouldn’t be seen by the Museveni regime as subversion or economic sabotage. This is a patriotic duty of the highest order. That young citizens are going on strike is a wake up call to Museveni. He ignores the voices of the students, teachers, taxi drivers and traders at his own peril. Makerere is thus nothing but a tip of the iceberg!

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US Embassy, FDC blast gov’t for violating freedom and rights of Makerere students

Students being loaded on police vehicle

The U.S. Mission in Uganda has expressed its concern over the recent torture of Makerere University students who were demonstrating against 15 percent tuition increment, saying the act violated the learners’ freedoms and rights.

Last week, Police other security organs broke into students halls of residence such as Mary Stuart and others in the latest reign of terror at the university where even disabled students were battered by the police and the army officers.

According to statement released this afternoon by US Embassy in Uganda, footage of security services attacking unarmed students in their residence halls and attacks on journalists covering the protests are especially disturbing.

“The U.S. Mission in Uganda is increasingly concerned about the violence at Makerere University in response to ongoing protests against the proposed tuition increases.  Footage of security services attacking unarmed students in their residence halls and attacks on journalists covering the protests are especially disturbing.  This heavy-handed response by security services is uncalled for, and is a direct affront to the freedoms of assembly, speech and expression guaranteed by Uganda’s constitution.  We urge the Government of Uganda to allow all Ugandans to exercise their basic rights peacefully and without fear,” read part of the statement.

Meanwhile Forum for Democratic Change (FDC) has joined other parties to condemn military attack on students, some of them ,reports say, were  molested and had their belongings vandalised by security operatives led by the police.

FDC spokesperson, Semujju Nganda said: “Such raids last happened during Idi Amin and Milton Obote regimes. The UPDF has now officially been turned into a tool of suppression.”

“It is UPDF that invades court, Parliament and now Makerere. The country will and should hold individual UPDF officers behind these operations such as deputy Inspector General of Police, Maj. Gen. Muzeyi Sabiti and the Chief of Defence Forces Gen David Muhoozi responsible for the brutality.”

He said the reason students are striking is because they and their parents are unable to pay the 15 percent annual tuition increment the University imposed on them last year. This increment will translate into 75 per cent when fully implemented in 2023.

The total amount Makerere expects from the 15 per cent tuition increment this year is Shs 4.56 billion. This is the money for which our children are being beaten for.

Semujju said In the budget of 2019/20, Museveni increased money for donation under State House from Shs 80 billion to Shs 240 billion. The total budget of Makerere remains Shs 316 billion of which government contributes about Shs 220 billion and private students Shs 95 billion.

“Makerere is a public university which should not be abandoned to the students and their parents. Part of the money Museveni gives himself for donation should be given to Makerere and Mulago.”

He urged the university’s Vice Chancellor Prof. Barnabas Nawangwe to stop using highhanded methods when dealing with grievances of students. “All suspended students must be allowed to unconditionally return to the University and Muzeyi Sabiti must immediately withdraw all UPDF soldiers from Makerere,” he said.

The party commended students for use of none violence methods to voice out their grievances.

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Ethiopia plane crash: Remains of late Commissioner of Police Christine Alalo identified

Late Christine Alalo

The remains of the departed Commissioner of Police, the late Alalo Christine, who perished in the Ethiopian Airways, have been identified.

The officer was returning from Italy to Mogadishu, Somalia and was one of the victims in the Ethiopian Flight ET 302, which crashed on March 10, 2019 killing all occupants aboard.

At the time of her death, CP Alalo Christine was serving as the Acting Police Commissioner, AMISOM, and her tour of duty was expected to end in June, 2019.  She joined the police as a Cadet/ ASP on 18/08/2001, and served in various capacities of command. She was a highly respected member of the force who loved her job.

According to police spokesperson, Fred Enanga, the force is working closely with the family members to bring her remains back for a decent burial.

“The delay of the arrival of the body remains of the officer was caused by positive identification process and other protocols at the African Union.” He said.

Recently, the inspector general of police (IGP) Martin Okoth Ochola created a task team headed by the Director Peace Support Operations, AIGP Grace Turyagumanawe, coordinated with both, the AU Headquarters and Ethiopian Airlines to ensure the remains of our officer are traced and transported to her family in Uganda for burial.

The Director Police Health Services is expected to travel in advance with an immediate family member to Addis Ababa, to support the identification process.

Last month, Boeing CEO Dennis Muilenburg, said the company has set aside US$50 million compensation fund for the families of people killed in Boeing 737 Max plane crashes.

The fund will pay about US$145,000 for each of the 346 people who died in crashes in Indonesia in October and in Ethiopia in March

Flight 302 crashed in Ethiopia six minutes after takeoff. Flight data shows the aircraft erratically ascending and descending before the fatal dive.

The crash of the Boeing 737 Max 8 was the second of its kind in five months prompting the grounding of the fleet worldwide.

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Not guilty: Court acquits Mowzey Radio killer of murder charge

The late Mowzey Radio

The bar bouncer accused of killing singer musician Moses Sekibogo, known by his stage name as Mowzey Radio has been found guilty of manslaughter but acquitted of murder.

Justice Jane Abodo of Entebbe High Court on Monday said she had found Godfrey Wamala alias Troy guilty of manslaughter and not murder which he had been charged with.

Justice Abodo, Wamala said the defendant did not have malice aforethought to kill Mowzey despite the fact that the Goodlyfe Crew member died following a bar brawl.

The judge in her ruling argued that Wamala squarely linked himself to the scene of crime when he admitted he was present when the incident happened.

In his defence, Wamala had denied touching the musician and said he saw two other men beating him up.

Manslaughter is lesser offense than murder which attracts a maximum penalty of life imprisonment.

Justice Abodo adjourned the case to October 31, 2019 when she will sentence Wamala.

Court heard that on January 22, 2018, Wamala was seen with Radio at the De bar drinking, before a scuffle between the singer and other people ensued.

Radio allegedly poured alcohol on some people in the bar before a one Pamela Musimire and another person only identified as Ategeka intervened by taking Radio out of the bar.

Outside the bar, Wamala reportedly grabbed the singer and punched him.

Prosecution said that after the beating, Wamala disappeared from the scene of crime and hid in Kyengera until February 4, 2018 when he handed himself to police authorities after Mowzey was announced dead on February 1, 2018.

The musician died at Case Hospital in Kampala 10 days after being beaten into a coma.

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Yaya Toure says FIFA ‘don’t care’ about racism in football

LONDON, ENGLAND: Yaya Toure speaks during the launch of FIFA Anti-Discrimination Monitoring System at Wembley Stadium in London, England. (Photo by Tom Dulat - FIFA/FIFA via Getty Images)

Yaya Toure says FIFA is not doing enough to stamp out racism and that England should have walked off the pitch in the face of monkey chants during their Euro 2020 qualifier in Bulgaria.

The 36-year-old former Barcelona and Manchester City midfielder made the comments to AFP after Qingdao Huanghai clinched promotion to the Chinese Super League at the weekend.

England’s 6-0 victory in Sofia earlier this month was marred by racist chants and Nazi salutes from a section of Bulgarian fans.

The game was halted twice during the first half but England players opted to complete the match instead of walking off the pitch.

“This is a shame, why are you playing for England?” Toure, who has been outspoken on football’s racism problem, said of the decision.

“They are always talking, ‘Blah, blah, blah’, and what? Nothing changes.”

Turning his real fire on football’s decision-makers, the four-time African player of the year said: “People from FIFA don’t care anyway because we’ve been talking about this, but it’s still continuing.

“I don’t want to say that I’m not concerned, I’m concerned,” said the former Ivory Coast international.

Raheem Sterling, the England and Manchester City forward, has been widely praised for playing a prominent role in calling out the racists at home and abroad.

But Toure, his former team-mate at City, said that was “not good enough”.

Toure, whose trophy haul includes three Premier League titles with City and a UEFA Champions League with Barcelona, believes it is time the players took more decisive action.

“They have to be serious about it, players need to make serious moves about it otherwise they (the racists) will continue to do that,” he said.

“They have to get the players out of the field.”

FIFA did not immediately reply to an AFP request for comment.

– ‘They respect nobody’ –

Toure was speaking after he played a pivotal role for Qingdao in a 2-0 win on Saturday at Shanghai Shenxin, attended by just a few hundred spectators.

Victory ensured promotion to the top-tier Chinese Super League for the team that Toure joined in July, but he is unlikely to make the move up with them next year.

“I think I’ll finish in December or January, then go, have another challenge,” he said, vowing to play on until he is 40.

“People are thinking that I’m done, but I’m not done yet,” he said.

Toure has enjoyed his spell in Chinese football and stressed that he has never experienced any form of discrimination in the country.

“It’s been a nice experience because I’ve seen people with a different mentality from Europe — the way to play football, the way they feel and their behaviour on the field,” he said.

“When I play in the stadiums, nobody boos me because I’m black, it’s a different culture, they respect.

“In Europe, they respect nobody.”

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OP-ED: Russia’s scramble for Africa

Russia's president Vladimir Putin with African leaders at Russia-Africa Summit in Sochi, Russia

Dzvinka Kachur and Mark Swilling

More than 40 African heads of state return from Sochi after a fervent courting by Russia and with the ink drying on some substantial deals. Ethiopia and Rwanda have sealed nuclear co-operation agreements to bring the number of African countries keen on nuclear development to 18. South Africa is not among them.

The Black Sea retreat that is said to have been years in the making aimed to offer African leaders a renewed sense of partnership with Russia, who played the decolonial card with a firm hand.

African sovereignty, independence and a disdain for bullish western politics was the charm Russian President Vladimir Putin laid on thick. Analysts say the Kremlin claims that it has racked up $12.5-billion in deals over the two-day Russia-Africa summit. But it remains to be seen whether they actually materialise as real investments. The symbolically laden event to bolster co-operation and trade comes as sanctions against Russia persist. Firming up a Russia-Africa trading bloc is clearly a way to escape these constraints by structuring more deals in Russian roubles to improve economic stability.

Russian economic presence on the African continent is quite small. The $20-billion trade with all African countries is almost two times smaller than African deals with France and pales in comparison with China’s almost $200-billion worth of investments in Africa. So, what is Russia’s plan for saving African countries from the West?

To start, Putin has announced the forgiveness of the Soviet Union-era debts to several countries, including Ethiopia, Mozambique and Madagascar. Wiping out debts for Mozambique comes with new agreements that allow Russia’s Rosneft access to the natural gas resources in Mozambique (that could create tensions with China) and co-operation in the military area. Many of the agreements also assume state loans from Russia. The structure of agreements hardly takes a “no strings attached” approach.

Russia is believed to have a long history of using state loans for the political benefit which has often facilitated an opportunity for corruption with its neighbouring countries. South Africa is one country that was on the brink of inking a state loan from Russia to construct a nuclear fleet. Had the almost R1-trillion deal gone through it might have collapsed the South African economy over the long run because of the way energy prices would have been driven relentlessly upwards.

Nuclear energy now costs globally between R1.70 and R2.80/kWh, compared to coal which is R1.30/kWh and renewables which are between 50c and 60c/kWh. Despite the potentially disastrous consequences of the nuclear deal, former South African president Jacob Zuma remained loyal to Russia:

“They would not come for us. They would understand, we would have an agreement to work out another arrangement. We know they [Russia] are trusted people. We know they will never sink us; they will lift us.”

In Putin, Zuma found an ally who shared contempt for western colonisation and hostile western businesses.

Russia has sought a way to take the sting out of finance agreements with business partners, setting out what it calls more favourable conditions for financing, instead of the punitive measures of western institutions. The International Agency of Sovereign Development RBK (IASD) launched earlier this year was promoted at the summit. The agency has already facilitated $2.5-billion worth of deals with Niger, Guinea and the Democratic Republic of Congo.

The non-state agency was positioned as a general partner of the summit and constitutes a collective of “consultants” with headquarters in Moscow. It is headed by Konstantin Malofeev, who was closely connected to the mercenary activities in Eastern Ukraine. Malofeev says:

“We have a network of direct contacts at the highest level with governments, institutions, corporations and investors around the world. We are supporting economic reforms in the countries which are trying to get out of economic and financial dependency of the western countries… Our goal is decolonisation, identifying infrastructural projects for investments.” Transparency is not part of this decolonial project as Malofeev has refused to disclose funding sources.

Military co-operation appears to be another central pivot for Russia which has pursued security contracts with more than 40 African countries to the tune of $3-billion in 2018.

“We will continue our course towards expanding contacts between the special services and law enforcement agencies of Russia and Africa in the field of combating terrorism, organised crime, drug trafficking, money laundering, illegal migration and piracy,” explained Putin.

The contracts foresee supplying military equipment, training military personnel, establishing service centres for Russian military equipment and more. Some deals are more than just an exchange of money for hardware and expertise though. Russia has received access to decision-making circles in Sudan’s Ministry of Defence, while Russian citizen Valeriy Zakharov was appointed national security adviser to the President of the Central African Republic (CAR).

Russia’s other leverage for earning state credit is the energy sector. Russia’s national nuclear corporation, Rosatom, is at different stages of negotiating nuclear power plant construction with more than 15 countries in Africa. The closest to implementation is the nuclear power plant on the Mediterranean coast in El Daaba, Egypt, where four third-generation VVER 1200 reactors are planned by 2028-2029.

Russia provides most of the funding, 85%, of the $21-billion nuclear power plant. In addition, Rosatom gets a 60-year servicing contract to maintain the reactors. Among other countries negotiating for nuclear plants are Nigeria, Uganda, Rwanda, Ghana and more. Most of these countries lack the capacity to distribute the amount of energy that these nuclear plants will produce.

It may still be a bit early for citizens of African countries to worry — out of the 26 reactors that were planned for the end of 2014, only five came online in 2018. However, those who do bow to pressure and agree to the construction of a nuclear power plant will soon discover that a Russian nuclear power plant is more than just an energy generator: it is more akin to a hybrid combination of a powerful embassy and a military base, complete with a sovereign guarantee to cover the loan finance.

In the months leading up to the summit, Russian officials met with almost all of their African counterparts. Each meeting would start with the story of the common history of the struggle for political and economic independence against the West. The ideological push from Russia is that western countries are out to exploit African nations, while Russia is a partner for development and an ally at the international level.

It would do well for African states to remember that Russia is a country where racism and homophobia in public discourse are rife. In September 2019, the CEO of Russian VTB bank Andrey Kostin addressed the Mozambican government saying:

I hope our black friends in Mozambique are listening to this”. It begs the question: how will Putin’s revival of European fascist ideas associated with the fascist writer Ivan Ilyin and propagated by the highly influential Izborsk Club be reconciled with what it will take to build trust-based relationships with African leaders?

The Izborsk Club includes Putin confidantes like Alexander Dugin, Sergei Glazyev, Tikhon Shevkunov and founder Alexander Prokhanov. Prokhanov blames the Jews for the Holocaust and when he heard that a delegation of Russians had met President Barack Obama he moaned that it was “as if they had all been given a black teat, and they all suck at it with lust and mammalian smacking… In the end, I was humiliated by this.”

In Prokhanov’s eyes Europe is dying:

“The white race is perishing: gay marriages, pederasts rule the cities, women can’t find men.” This is the man who has accompanied Putin on radio shows and whose ideas shape Putin’s Eurasian expansionism.

What may bind Russians and Africans together would be strident nationalism and anti-West sentiment (especially with the likes of Trump and Johnson in power); but tensions may arise when Africans become aware of the white supremacist ideas that are core to the ideology that the Putin power elite likes to propagate within the Russian cultural-polity. Ironically, there is very little to distinguish between the ideologies propagated by Trump adviser Steve Bannon and Putin thought leader Alexander Prokhanov.

Russia is an active international player that was part of the G8 prior to its illegal annexation of Ukrainian Crimea. It has veto power in the UN Security Council and is a member of BRICS. The opportunity to strengthen its sphere of influence by courting 55 African countries’ allegiance is worth the effort of the mammoth undertaking of organising this summit. After all, those African nations hold 25% of votes in the UN.

In 2014, when Russia annexed Crimea and UN Resolution 68/262 was adopted on March 27 2014 (“Territorial integrity of Ukraine”), 18 African countries voted in support of the resolution. Only two countries, Sudan and Zimbabwe, supported the Russian position in 2014. On a similar vote in 2018, the total number rose to eight countries: Burundi, Chad, Comoro, Eritrea, Sudan, South Sudan, Zimbabwe, Uganda and South Africa.

As Russia sets out to reshape global geopolitics, African leaders should not forget that the Russian economy is struggling, with GDP growth that is predicted to be a mere 1.3% in 2019, averaging 0.32% over the period 2015 to 2019. The levels of poverty in some areas in Russia are comparable to those in many African countries. Racism, homophobia, a constricted civil society and curtailed human rights are all hallmarks of the Russian Federation under Putin. Africans should be under no illusion about who their suitor really is, especially those who value their democratic institutions and practices.

Dzvinka Kachur and Mark Swilling write for the Centre for Complex Systems in Transition Stellenbosch University.

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Proline hold Libyan club Al Nasr Benghazi in Caf Confederation Cup play-off

Proline FC

Ugandan side Proline FC came from behind twice to force a 2-2 draw with Libyan outfit Al Nasr Benghazi in the first leg of the Total CAF Confederation Cup play-off round played on Sunday night in the Egyptian city of Alexandria.

Bright Anukani scored the equalizer for the Ugandan Cup champions 12 minutes from time to give them a lifeline with two away goals heading into the return fixture in Kampala next weekend.

A scoreless or 1-1 draw in Kampala will be enough to book the side a historic place in the Confederations Cup group stages while Al Nasr must now win or pick a draw of more than three goals in East Africa to go through.

The Libyans broke the deadlock in the 13th minute through lanky forward Moataz Al Mahdi who picked the ball beautifully from 10 yards out before slamming it into the bottom right corner. The North Africans had more chances to score after starting the tie brighter, but missed precious opportunities.

They were made to pay at the stroke of halftime when Mustafa Mujuzi struck a belter of a freekick from the edge of the area catching the keeper completely off-guard.

Al Nasr, just like they did in the opening stanza, started brighter in the second half. They went 2-1 up on 68 minutes when Khalid Madji slotted home from the penalty spot after Richard Ajuna handled the ball inside the box.

Against the run of play, Anukani drew the Ugandans level ten minutes later.

Meanwhile in Nouakchott, Mauritania champions Nouadhibou were too sweet for Zimbabwe’s Sugar Boys, Triangle United, hitting them 2-0 to earn a first leg advantage. The home side scored twice within five minutes to pick the victory and take control of the two-legged tie.

Mahamane Cisse broke the deadlock in the 52th minute before skipper Abdulaye Gueye thundered the net for the second in the 57th minute, to put the homers on course for a first ever appearance at the group stage.

Results

27.10.2019 Conakry Horoya (Guinea) 4-2 Bandari (Kenya)

27.10.2019 Mwanza Young Africans (Tanzania) 1-2 Pyramids (Egypt)

27.10.2019 Aba Enyimba (Nigeria) 2-0 TS Galaxy (South Africa)

27.10.2019 Kampala KCCA (Uganda) 0-0 Paradou (Algeria)

27.10.2019 Nairobi Gor Mahia (Kenya) 1-1 Motema Pembe (DR Congo)

27.10.2019 Maputo UD Songo (Mozambique) 1-2 Bidvest Wits (South Africa)

27.10.2019 N’djamena Elect Sport (Chad) 0-1 Djoliba (Bamako)

27.10.2019 Lusaka Green Eagles (Zambia) 1-1 HUSA (Morocco)

27.10.2019 Malabo Cano Sport (Equatorial Guinea) 1-3 Zanaco (Zambia)

27.10.2019 Antananarivo Fosa Juniors (Madagascar) 2-0 RS Berkane (Morocco)

27.10.2019 Victoria Cote d’Or (Seychelles) 0-4 El Masry (Egypt)

27.10.2019 Lome ASC Kara (Togo) 2-1 Rangers (Nigeria)

27.10.2019 Nouakchott Nouadhibou (Mauritania) 2-0 Triangle (Zimbabwe)

27.10.2019 Alexandria El Nasr (Libya) 2-2 Proline (Uganda)

*27.10.2019 Kumasi Kotoko (Ghana) vs San Pedro (Cote d’Ivoire)

30.10.2019 Thies Generation Foot (Senega) vs ESAE (Benin)

*Match abandoned to due to heavy rains at the end of the first half. Game continues on Monday with the second half.

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Ssekandi boosts efforts to construct church in Namutumba district

Ssekandi arrives for function

The Vice President Edward Kiwanuka Ssekandi has called upon leaders especially in the local governments to support religious organisations saying they contribute to the stable socio–economic wellbeing of the people they serve.

He was yesterday speaking at the fundraising drive for St. Peter’s Catholic Church in Nabweyi Sub county in Namutumba District told those who attended the event that Government appreciates the church contribution to the development of the country adding that the church has been a strong ally in complementing Government efforts towards service delivery.

Ssekandi who contributed five million shillings towards the construction, pledged more support to the project and urged the clergy to mobilise followers into activities that will improve household incomes which in turn, he said, will also support church activities.

He also urged Christians to be exemplary and the salt of the world as taught in the holy scriptures and also urged the community to support religious works and projects saying they are best suited to sustain such projects for the benefit of their own areas.

He said that the church and other religious entities have had remarkable and effective contribution to the development of the country in the provision of social services and pledged Government commitment in providing infrastructure and maintenance of peace, tenets he said are key in the transformation of the country.

He called upon the church and leaders at all levels to make use of available Government programmes to mobilise their communities into income generating activities and ensure that household expenditure is less than the average household earning.

The function organised by the State Minister for Lands and MP for Bukono County,  Persis Namuganza was attended by local leaders and the religious leaders from the various denominations.

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Bank of Uganda, others host financial services expo

Bank of Uganda head office in Kampala

The Bank of Uganda (BoU), together with other financial sector regulators, is hosting Financial Services Expo scheduled for October 28 –November 1, 2019 at the Constitutional Square, Kampala.

The event is part of BoU’s commemoration of World Savings Day on October 31st, 2019 and is aimed at highlighting the importance of savings under the theme; “Save More, Achieve More.”

Other financial sector regulators like participating as hosts of the event are; Uganda Microfinance Regulatory Authority (UMRA), Insurance Regulatory Authority (IRA), Capital Markets Authority (CMA) and Uganda Retirement Benefits Regulatory Authority (URBRA).

Key stakeholders such as Ministry of Finance, Planning and Economic Development (MoFPED), Uganda Revenue Authority (URA), Uganda Bankers Association (UBA), Uganda Insurers Association (UIA), National Social Security Fund (NSSF), and Private Education Network, among others, are also involved. Regulated financial services providers in the various sub-sectors are have been invited to participate.

The event will provide guests the opportunity to:  Receive financial literacy education and learn how to plan for your money better under the topics of Savings, Loans Management, Investment, Retirement, Consumer Protection and Insurance; Understand ways in which you can achieve more by making sound financial decisions with your savings; Increase awareness of the various financial services, products and options that are available to suit your respective financial needs and Commemorate the World Savings Day celebrated on October 31, 2019 along with the rest of the world.

There will also be a press conference where officials from different entities will address and update journalists on financial inclusion, retirement benefits sector, investment, insurance, microfinance, taxation and deposit protection.

BoU Governor Prof. Emmanuel Tumusiime Mutebile is expected to give World Savings Day key note address.

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Weatherman warns of more heavy rains in coming days

FLOODED ROADS IN KAMPALA:

The Uganda National Meteorological Authority (UNMA) has warned Ugandans to be ready for more heavy rains characterised by lightning and thunder especially for the five days ahead.

This month, there has been significant increase in rainfall over most parts of the country due to the rain belt being over our country. This is attributed to the moist wind blowing from the Indian Ocean and the Congo Forests.

According to acting Executive director of UNMA, Paul Isabirye, the wet conditions being realized are peak rains of September, October and December rainfall season 2019.

“Please note that on Tuesday and Wednesday, are expected to have more rainfall within this forecast period. The heavy rains is expected to bring about flooding in the urban and low lying areas, mudslides in the mountainous areas and lightning strikes coupled with strong winds.” he said

The most areas that are likely to be affected are in south and western regions particularly Kigezi highlands, Rwenzori mountain ranges, and in some parts of central region especially around Lake Victoria and eastern parts of the country particularly mountain Elgon areas.

Isabirye said poor visibility resulting from heavy rain condition is likely to pose danger to motorists and urges all motorists and pedestrians are encouraged to take utmost care to minimize accidents that may result from such weather condition.

“Weak bridges are likely to be washed, road users are advised to be vigilant, lake users are advised to follow UNMA marine forecast for fishing, water transport and small aircraft activities.” he said

“The public is advised to avoid taking shelter under trees to minimized exposure to lightning strikes. Continue listening to local media as updates will be provided if the conditions change significantly.” Isabirye noted.

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