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Standard Chartered Bank  named best consumer digital bank in Uganda 2019 by Global Finance

By
George Mangula
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Standard Chartered Bank headquarters in Kampala
 

 

Standard Chartered Bank Uganda has been named The Best Consumer Digital Bank in Uganda by Global Finance.  The announcement of the winners for the 2019 World’s Best Consumer Digital Banking Africa was recently made by Global Finance, with seven other Standard Chartered Bank markets across Africa being awarded this prestigious title including Botswana, Cote d’Ivoire, Ghana, Nigeria, Tanzania, Kenya and Zambia.

The winners for the Best Bank Awards are selected with input from industry analysts, corporate executives and technology experts. The Global Finance editors also use entries submitted by financial services providers, as well as independent research, to evaluate a series of objective and subjective factors.

Speaking about the win, Moses Rutahigwa the Head, Retail Banking at Standard Chartered Bank Uganda said: “We are delighted with this industry recognition. Winning the award is a testament to our continued focus in developing market-leading digital solutions that deliver hassle-free, easy, flexible and convenient banking to all our clients. We have been investing in developing our digital banking solutions not only to transform our clients experience but also to provide them with the highest levels of cybersecurity. We will continue to strategically invest in digital technologies that will shape the future of banking in Uganda.”

The win acknowledges the Bank’s commitment to deliver the latest in digital banking innovation, most notable is the Bank’s heavy investment in digitization since 2016 after announcing an investment of USD1.5bn in technology over three years.

Then this year, the Bank launched the first of kind Digital Bank which gives its clients access to over 70 self-service requests. Core among these services is the ability for anyone to join the Bank by downloading the Standard Chartered Mobile App which can be downloaded or upgraded via Google play store or Apple store, then in under 15 minutes open an online “Standard Chartered Digital Life Account.”

The Digital Life Account enables the Bank’s clients enjoy benefits such as: no monthly ledger fees, no minimum balance, no ATM or Card fees, no bill payment fees and free SCB to SCB Online Bank transfers.

Most recently the Bank also launched the country’s first Social Banking Solution called ‘SC Keyboard’ in its continued efforts to meet the rising demands of the country’s young and digitally-savvy population.

Global Finance selected winning banks based on the following criteria: strength of strategy to attract and service digital customers, success in getting clients to use digital offerings, growth of digital customers, breadth of product offerings, evidence of tangible benefits gained from digital initiatives and web/mobile site design and functionality.

 
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Arise B.V acquires shares in Ecobank as they plan to quit Dfcu 

By
Our Reporter
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One of Africa's leading banks

 

 

 

Ecobank Transnational Incorporated (“ETI”) has announced that IFC and the funds managed by the IFC Asset Management Company (“AMC”) have completed the sale of their 14.1 per cent stake in ETI to Arise B.V. (“Arise”). Accordingly, Arise has become a shareholder of reference in ETI with a 14.1 percent stake.

J. P. Morgan Securities PLC acted as Sole Placement Agent and Sole Financial Advisor to IFC and the funds managed by AMC in this transaction.

Following the completion of the transaction, Paolo Martelli, Senior Advisor at IFC said: “As part of its ordinary asset portfolio rotation, IFC has divested its shareholding in ETI to Arise B.V, a highly reputable Investment House with a strong developmental mandate for Africa. IFC invested in Ecobank for more than ten years and our investment has helped to increase access to credit for entrepreneurs and SMEs in Sub Saharan African Countries (including in IDA countries) in which the bank operates, achieving the development impact we sought when we made the investment.  IFC maintains its strong commitment to the development of the Sub Saharan African Region and is continuing to invest in other projects in these countries.”

However, insiders at Arise say the acquisition of more shares in Ecobank could pave way for them to reduce on their shares in Dfcu or quit the bank. However, this comes at the time when Dfcu is embroiled in a property struggle with East African richest businessman over branches that Crane Bank used to rent from Meera Investment. Dfcu aquired Crane Bank from Bank of Uganda but the move has since been contested by shareholders led by Sudhir Ruparelia.

Deepak Malik, Chief Executive Officer of Arise said: “In line with our core business mandate of investing in Africa’s local prosperity we are excited to have acquired c.14.1  per cent shareholding in Ecobank Transnational Incorporated (ETI). Arise aims to collaborate with local Financial Service Providers (FSPs) in Sub – Saharan Africa to boost economic growth through strengthening the local banking sector. This transaction with ETI will see Arise collaborate with Ecobank to advance financial inclusion on the continent”.

Ade  Ayeyemi, Chief Executive Officer of ETI said: “We welcome Arise as a shareholder of ETI and believe that there would be a strong synergy in our core objectives especially in ensuring and enshrining financial inclusion and the potential for the development of  our continent. We must also take the opportunity to extend our deep appreciation to IFC for its commitment to and support for Ecobank in the last 10 years. We made meaningful progress with the strong collaboration and look forward to continuing to work with IFC in other areas in the future”.

 

 

 

 

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NWSC scoops a service delivery excellence award

By
Francisco Adongo
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NWSC board Chairman Eng Christopher Ebal (middle) receive the award.

National Water and Sewerage Corporation (NWSC) has scooped a service delivery excellence award from the World Confederation of Businesses (WORLDCOB) in San Francisco, California.

WORLDCOB is considered the most important business award in the world and is given out to the most outstanding companies and business people in each country.

This award was created in order to recognize business excellence and is aimed at small, medium and large enterprises because we know that all companies seek to guarantee quality for constant development at their own scale.

Each year, WORLDCOB organizes THE BIZZ business awards ceremony, which brings together the leading companies from different countries to celebrate this recognition and offer a series of benefits to the winners, who become elite members, taking part in activities that will help them to foster new commercial relationships.

NWSC has improved its service coverage from 75 per cent in 2011 to now 84 per cent, the number of new connections have increased from 272,406 to now 659,157, turnover has increased from 132B to now 443B and the operational surplus has increased from 30 billion to now over 95 billion to mention but a few achievements that have been attained.

With support from the government of Uganda, NWSC aims at extending water services to over 12,000 villages in Uganda, effect over 140,000 new water connections, Installation of over 20,000 public stand pipes and Laing over 8000kms of water mains extensions by 2020.

The corporation has increased its footprint from 23 towns five years back to now over 253 towns of operation and implementing large scale water and sewerage projects on top of Water Supply Stabilization Plans aimed at boosting access water supply reliability and sewerage services for all in all areas of operation.

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How Sudhir will reap from BoU on legal costs

By
Francisco Adongo
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Mr. Sudhir Ruparelia

 

 

Currently, Uganda’s central bank, the Bank of Uganda (BoU)/Crane Bank In Receivership is trending for losing a case to city businessman Sudhir Ruparelia who had filed an application in court challenging the legality of Crane Bank In Receivership to sue him and his Meera Investments Limited for Shs397 billion allegedly drawn from former Crane Bank through fraudulently transactions between the two.

Head of Commercial Court, Justice David Kutosi Wangutusi who ruled in Sudhir’s favour last Monday also awarded costs of the application to Sudhir, which simply means Ugandan taxpayers will pay billions to Sudhir and Meera Investments Limited, respectively. BoU on Tuesday said it would appeal against the ruling. But Grapevine has it that Sudhir will ask Court of Appeal for a raise in the costs awarded; from Shs74 billion supposed to be paid by BoU in High Court to about Shs120 billion should the case proceed in Court of Appeal.

Backwards: Between 1993-2016, BoU closed seven commercial banks that included; Teefe Trust Bank, International Credit Bank, Cooperative Bank, Greenland Bank, Global Trust Bank Uganda, National Bank of Commerce and Crane Bank Limited, with majority of the banks closed because of being undercapitalised.

However, BoU closing down the affected commercial banks, BoU officials failed to follow the established laws and guidelines, as was put by the Auditor General John Muwanga in his special audit report of BoU on defunct banks. BoU didn’t envisage or some officials knew that by ignoring the proper procedures, the Ugandan taxpayer would cover the costs for their misdeeds.

Creating situation for demands of compensation

And indeed when MPs on parliament’s committee on Commissions, State Authorities and State Enterprises (COSASE), invited former shareholders of defunct banks during the BoU probe that happened between later October 2018 to late February 2019, most of the former owners   demanded for compensation, whose total could be in trillions of shillings. Worse still, some have considered legal options against BoU.

For instance, former shareholders of National Bank of Commerce, Greenland Bank and Global Trust Bank Uganda want compensation of Shs295 billion, over Shs100 billion and Shs315 billion respectively, saying their banks were illegally closed by BoU. If the demands for compensation is accepted, it will be the Ugandan taxpayers to pay; moreover some shareholders want interest paid as well. The Ugandan taxpayer will also meet costs of legal fees should the battles be taken to court. This is the situation in which BoU has put Ugandans.

Sale of Crane Bank to DFCU Bank at Shs200 billion

The case where Ugandan taxpayers have already lost money is that of the close and sale of Crane Bank’s assets to its rival Dfcu bank in late January 2017. Many Ugandans still cannot believe BoU’s claims that it spent about Shs478 billion as liquidity support to Crane Bank in Receivership, yet at the end of it transferred its assets at Shs200 billion, paid in installed, moreover at no interest at all. During COSASE probe BoU officials could not account for Shs290 billions of this money and yet want former shareholders of Crane Bank to pay the missing money that they never received.

Exorbitant legal fees paid to MMKAS Advocates

MMAKS Advocates were paid Shs914 billion for legal advice during CBL intervention, resolution and advice on the sale of CBL assets and assumption of liabilities. The firm would further be paid extra Shs3 billion as 5 percent commission monies recovered from CBL shareholders. The COSASE MPs said that those payments to MMAKS Advocates were exaggerated to benefit some BoU senior staff involved in the sale of CBL. There were no records or minutes from meetings between MMAKS Advocates and BoU which culminated to disbursement of such monies.

“How can Shs4.2 billion of taxpayers’ money be given for a legal advice without any minutes?” MP Odonga Otto asked during the COSASE probe. COSASE Chairman Abdu Katuntu, a lawyer as well, also found it strange that BoU paid all that money to MMAKS without any minutes or reference. What the MPs were concerned about was the loss Ugandan taxpayers had incurred under unclear transactions between BoU and MMKAS Advocates.

Hiring of conflicted AFK Mpanga Advocates and MMAKS Advocates in Shs397 case

On December 2017, court ruled in the favour Sudhir against a case he filed against law firms; MMAKS advocates and AFK Mpanga Advocates, to bar them from representing BoU in Shs397 case over conflict of interest. Court ruled that David Mpanga and Kanyerezi Masembe who were Sudhir’s lawyers over time were privy to confidential information regarding Sudhir and Crane Bank which was a disadvantage to him and against the law of legal practice. Here taxpayers lost money because of BoU’s failure to do due diligence on the two law firms as regards their relationship with Sudhir, the Chairman of Ruparelia Group that runs several companies. Additionally, BoU had to spend more money on hiring a new lawyer Joseph Byamugisha of J. B. Byamugisha Advocates to carry on with the case.

BoU’s appealing Shs397b case dismissed on Monday

BoU on Tuesday evening without considering the taxpayers continued losses, said it appealed against the ruling of Justice Wangutusi, who dismissed a commercial dispute against Sudhir that had been filed by Crane Bank-In-Receivership two years ago.

According to a press release sent out by the BoU’s director of communications, Charity Mugumya, BoU vowed to appeal the dismissed commercial dispute and have it prosecuted to its logical conclusion.

“While Hon. Justice David Wangutusi dismissed the Shs397b case against Mr Sudhir on technicality, alleging that Crane Bank-in-receivership lost its powers to ‘sue’ or to be ‘sued’ thus rendering its suit a nullity, Crane Bank in receivership maintains that receivership is a management situation and hence no legal change as capacity to sue or to be sued,” reads the BoU statement in part.

The latest maneuver shows that BoU seems to be so determined to save its image as it wastes taxpayers’ money in effort to save its officials who were singled out as causing the mess in the closure of banks without following the procedures and guidelines. They appear to be acting alone without seeking for Attorney General’s advice on the matter.

The law states that the lawyer’s legal fees amounts to 10 per cent of the value of the case before the court.

 legal sources say Sudhir could have used up to US $5 million ( Shs18.4 billion), while Meera Investments is also estimated to have used US $5 million (Shs18.4 billion) while cost of the High Court award is US $10 million  about (Shs36.86 billion).

sources further say that should BoU go ahead a appeal the High Court ruling  and lose it, Sudhir and Meera Investment each are likely to increase their stakes and each will ask for US $10 million about (Shs73.72 billion). So at the end of the case, Sudhir will be paid US $30 million.

 

 

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Mps allow Bill to trim powers of Mutebile and Kasekende

By
Our Reporter
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ON THE FIRING LINE: Governor Mutebile and former deputy Louis Kasekende.
 

 

Parliament during the plenary yesterday granted Igara County East Member of Parliament, Micheal Mawanda, leave to introduce a private member’s bill that seeks to amend Article 161 of the Constitution to remove the Governor and Deputy Governor Bank of Uganda (BoU) from serving as chairperson and deputy chairperson of the board of directors respectively.

“We have had problems of accountability where a budget is made by top management headed by the Governor and approved by the board headed by the Governor. If there is a mistake that is made by management and carried by the board, which is headed by the same person, we shall not be able to rectify this problem,” said Mawanda.

Emmanuel Tumusiime-Mutebile and Dr Louis Kasekende are the current BoU governor and deputy governor respectively.

Mawanda continued, “currently, there is no ‘second eye’ in Bank of Uganda. This is the reason we are seeking separation of powers where the Governor becomes the chief executive then an independent person is appointed to head the board which can oversee the operations of Bank of Uganda.”

This bill follows a recommendation from a report by parliament’s committee on Commissions, State Authorities and State Enterprises (COSASE) calling on government to establish an independent board of directors to supervise managers at BoU.

Confidential report blames Tumusiime-Mutebile for illegal staff changes

A confidential report of the presidential tripartite committee, authored in February this year, blames Tumusiime-Mutebile for personally recruiting five senior staff without subjecting them to any interviews as required by the Bank of Uganda Act, which he is supposed to adhere to.

Worse still, most of the staff head picked by the governor without the involvement of other board members did not meet the qualifications and experience required for the jobs. For instance, Dr. Twinemanzi Tumubweine (Executive Director Bank Supervision) does not have any experience in commercial banking. BoU’ board members where Tumusiime-Mutebile is chairman disowned him on most of staff changes at BoU, saying he never consulted them and that it was illegal.

Tumusiime-Mutebile and Kasekende okayed BoU staff via Bank of Uganda Defined Benefits Scheme to invest over 1 percent in DFCU Bank despite the institution being the regulator of the same bank. Some critics have argued that that could be one of the reasons why BoU rushed to sell Crane Bank Limited and Global Trust Bank Limited to DFCU Bank. Tumusiime-Mutebile and Kasekende knew BoU staff would benefit from the transaction via Uganda Defined Benefits Scheme as shareholders.

Elijah Okupa (Kasilo County) said that in countries such as Kenya and South Africa where the governor is separate from the board, the central bank runs smoothly.

Recalling what he termed as trouble in BoU, David Abala (Ngora County) also called for separation of the decision making function from administration.

“You cannot fuse administration with policy making; we know the trouble we saw in Bank of Uganda investigations; this bill is the medicine that will heal what we saw during investigations,” said Abala.

Rwampara County MP, Charles Ngabirano, proposed that the bill should not only address issues at Bank of Uganda but other government entities in a similar situation.

 
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Three Bank of Uganda staff arrested with money in sacks

By
Richard Wanambwa
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Police and army have arrested three staff of Bank of Uganda in Mbale who were reported smuggling out money in sacks.

According to security sources, the three are part of the racket in Bank of Uganda that smuggle out money which is supposed to be destroyed.  Eagle Online was informed that a combined team of security operatives from police, intelligence and military stormed the currency centre after a tip off from an internal staff why it had become norm for money which is supposed to be destroyed was being ferried outside the bank and shared amongst top staff.

“It is true, we have three staff of Bank of Uganda who were caught red handed smuggling money outside which is against the norms of the central bank.” said a source.

In June, this year a source who whose firm is hired by BoU headquarters told Eagle Online that his staff whose was among those hired to offer cleaning services was expelled from BoU headquarters after he questioned why money was mixed with rubbish.

After he informed security at the bank that money had been packed in rubbish sacks instead of rubbish. However, security told him to keep it off as it was the luggage of the top bosses and so it didn’t concern him, his boss was subsequently called and told to change the said   cleaner if he wanted his contract with BoU.

In June State House Anti-Corruption Unit (ACU) and police arrested several BoU officials in charge of currency, procurement and security and officials from the Customs Department, airport police officers and Civil Aviation Authority (CAA) staff.

In June, this website broke a story on how State House, police and other agencies were investigating BoU over the extra Shs90 billion that was printed separately and shipped into the country without the knowledge of the governor Emmanuel Tumusiime Mutebile. It later on turned out that it is indeed Mutebile himself who had petitioned Lt. Col. Edith Nakalema to investigate the scandal of extra printing of money. Col. Nakalema is the head of State House Anti-Corruption Unit.

The director of Currency department at Bank of Uganda, Charles Malinga was arrested and arraigned before Anti-Corruption Court in Kololo over the extra printing of money before his appearance, Francis Kakeeto, a branch manager at Mbale and Fred Wanyama were charged with abuse of office and in alternative corruption which they have both denied before magistrate Herbert Asiimwe.

Prosecution informed court that on April 26, 2019 between France, Belgium and Entebbe airport, the duo while on assignment by their employer to carry out a pre-shipment inspection of printed materials in France, in abuse of the authority to offices did an arbitrary act prejudicial to the interest of their employer and allowed the inclusion of unauthorized case on a cargo plane fully chartered by BoU.

Hardly a month after, Uganda Police detectives were reported to be investigating Shs400 billion that the Bank of Uganda (BoU) officials transferred and stored in BoU Masaka Currency Centre in a room without CCTV cameras, meaning the money could be stolen without tracing it.

The huge money is said to have been transferred to Masaka on June 14, 2019, the time when investigators started probing BoU and other officials over the anomaly in the consignment of the 20 pallets packed with Uganda Shillings notes that were delivered at Entebbe International Airport by BoU chartered plane on April 26, even though, extra 5 pallets were onboard and their whereabouts is unknown.

Bank of Uganda has eight currency centres across the count

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Social Sector scorecard: Green Jobs Programme commended

By
Francisco Adongo
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Martin Wandera

The Ministry of Gender, Labour and Social Development has lauded interventions under the Green Jobs Programme that are aimed at tackling youth unemployment, addressing the problem of skills mismatch among university graduates and transforming agricultural production.

The Green Jobs Programme was launched by Cabinet in 2016 as a strategic intervention to reduce high levels of unemployment among educated and non-educated youth by promoting workplace re-skilling and skilling, ensuring resource efficiency and social safeguards at all workplaces and enhancing productivity and competiveness of workers.

The Ministry of Gender, Labour and Social Development  is today finalizing a two-day Social Development Sector Annual Review at the Pearl of Africa Hotel and while giving an assessment of the labour sector, Mr Martin Wandera, the Director Labour, Employment , Occupational Health and Safety(DLEOSH), gave a clean bill of health on the Green Jobs Programme.

“With regards to persons in gainful employment after employment, under the Green Jobs Programme, we supported 2,804 informal businesses with toolkits and equipment.50 stakeholders were trained in Green Jobs creation, “Mr Wandera said.

Under the Uganda Graduate Volunteer Scheme (UGVS), a partnership between the government through the Gender Ministry and the United Nations Development Programme (UNDP), Mr Wandera said 206 graduate volunteers have been placed in different host institutions.

“So far we have 206 Graduate volunteers placed (92 first cohort and 114 in the second cohort).However, we have the necessary policy framework to facilitate the rolling out of apprenticeship. We hope that next year, we will have a better report to give,” Mr Wandera said.

The UGVS is a partnership that aims at utilising volunteerism as an avenue for youth’s contribution to the society’s development challenges and a pathway to providing the youth with the soft skills required to be employable or create employment.

Regarding the Songhai Integrated model in Kampirigisa, Mpigi, and Mr Wandera noted that the programme is already reaping the benefits of the intervention which the government hopes will promote and enhance the use of authentic technology for agricultural production.

“For the Songhai Model—we are already enjoying the fruits .There is harvesting and marketing of produce from the Songhai demonstration farm. There are 18 fish ponds, over 700 free-range chicken, about 30 pigs and we are constructing a milling plant for the cassava that is produced,” Mr Wandera said.

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Airtel record 100 million subscribers across Africa

By
Our Reporter
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Airtel
 

Bharti Airtel has announced that it has crossed the 100 million customers mark across its operations in 14 countries across Africa.

Airtel Africa is a leading provider of telecommunications and mobile money services, with a presence in 14 countries in Africa, primarily in East Africa and Central and West Africa.

Airtel Africa offers an integrated suite of telecommunications solutions to its subscribers, including mobile voice and data services as well as mobile money services both nationally and internationally. The Group aims to continue providing a simple and intuitive customer experience through streamlined customer journeys.

According to Raghunath Mandava, Airtel Africa’s Chief Executive Officer, this is the positive momentum they have seen in customer acquisition and underpins their medium-term aspirations for revenue and profit growth.

“I am delighted to report that Airtel Africa has crossed the 100 million subscriber mark. This achievement is testament to the hard work of our employees and a clear reflection that customers value our network, service offerings and customer experience. I would like to take this opportunity to thank all the teams that have worked hard to get us here,” he said in Nairobi

Airtel Africa’s footprint is characterized by low but increasing mobile connectivity, with a unique user penetration at 43per cent, highlighting the potential for growth across its footprint.

The company believes in enhancing connectivity and digitizing the countries in which it operates and has invested to expand its network footprint and number of 4G sites to enhance network capabilities and support its future business growth.

A combination of an under-penetrated telecom market, a young addressable population and rising smartphone affordability, along with low data penetration and an underbanked population, will drive the growth opportunities for the data and mobile money segments moving forward.

 
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Ten common twitter accounts spinning propaganda for gov’t of Rwanda

By
Our Reporter
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Faces used by Rwandan DMI on fake twitter accounts that are used to abuse President Museveni.
 

 

Since Rwanda closed it boarders for Ugandan goods and stopping its nationals from traveling to Uganda, there has been a series of events and propaganda unfolding day in, day out.

President Paul Kagame’s government in Kigali has always accused his counterpart Yoweri Museveni of facilitating the dissident group, Rwanda national congress (RNC) allegedly led by Gen. Kayumba Nyamwasa who lives in South Africa, to overthrow him.

“We have the information that Gen. Nyamwasa has for several times been travelling into the region including Uganda to meet some authorities and that is where our concern is,” he said Rwanda’s state Minister for East African Affairs, Olivier Nduhungirehe in march 2019 while in Zanzibar.

Recently, Museveni and Kagame assented to a pact dubbed a Memorandum of Understanding of Luanda between Uganda and Rwanda to among other things resume the cross-border activities between the two countries.

“Respect the sovereignty of each other’s and of the neighboring countries, refrain from actions conducive to destabilization or subversion in the territory of the other party and neighboring countries, thereby eliminating  all factors that may create such perception as well as that of the acts such as financing, training and infiltration of destabilizing forces” reads the communiqué sent to newsrooms.

By today, this website has established more than 10 twitter accounts spinning propaganda and hatred messages which many social media enthusiasts say are working for government of Rwanda.

The twitter accounts include: Lewis Mugabe, Franklin Tumusiime @Fra_Tumusiime, John mugisha @Johnmugisha1,Mwene Kalinda, J Kai @vumbiu95, Jackline Mbabazi @JacklineMbabaz2, Ellen Kampire‏ @ellen_kampire, Kevin William @KevinWi09242906, Nkurayija David @Nkurayija, Princess from North @south_princess1, Great Lakes Watchman @LakesWatchman.

Appraisingly all the accounts were opened this year more so in June and July with not more than 500 followers. All the accounts post propaganda messages attacking  Museveni’s leadership as the twitters promote Rwanda.

“M7ViolatesMoU as long as RNC and FDLR networks continue to enjoy protection and support of CMI  and ISO, the Ugandans should not expect border opening, the problem is not the border” Nkurayija David @Nkurayija wrote on 15 Aug 24.

“Rwandans are not in hurry for the border to be opened as long as our people are still arrested in Uganda, tortured by CMI, ISO & also his boss @KagutaMuseveni is busy to support vast network of RNC & FDLR terrorist group to destabilize our security”

Other Directorate of Military Intelligence (DMI) names with twitter handles used to abuse President Museveni are Wilson Ally, Magic Fetus Iribagiza, More of me and Tugye Kunywa.

John Mugisha @Johnmugisha1: Museveni offered diplomatic passport to a high ranking official, Charlotte Mukankusi, the same official he claimed to have met accidentally in State House. He has also been laying strategies to destabilize Rwanda together with terrorist group.

John Mugisha @Johnmugisha1: Rene Rutagungira is one of the Rwandan nationals abducted by Ugandan security agents in 2017 and has been brought to court only once.

Jackline Mbabazi @JacklineMbabaz2: In the wake of the Luanda-Angola Memorandum of Understanding signing by both presidents of Rwanda and Uganda, the latter has refused to be clear about what his reasons were for the signing of the MoU.­­­­­

Franklin Tumusiime 🇺🇬 @Fra_Tumusiime: As per the resolutions made from the meeting, so far a lot has been implemented and that’s why The Musevenis will kill anyone and anything to maintain their looted wealth.

Franklin Tumusiime🇺🇬 @Fra_Tumusiime:  @KagutaMuseven and the Bahima Century Dynasty‘s plans came true and it’s only death that can detach them from their state capture.

Ellen Kampire @ellen_kampire: For a long time Uganda hosts rebels with intentions to subvert #Rwanda as revealed by the 2018 UN Group of Experts report.

 

 
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Alexis Sanchez to join Inter Milan on loan

By
Agencies
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Alexis Sanchez
 

 

Inter Milan have agreed a loan deal to sign forward Alexis Sanchez from Manchester United.

Inter boss Antonio Conte is keen to sign Sanchez before the European transfer window closes on Monday.

If a deal goes through, Sanchez will link up with ex-United team-mate Romelu Lukaku, the striker having joined the Serie A club for £74m this summer.

However, Inter have not agreed an option to buy Sanchez at the end of the loan agreement.

United’s highest earner, Sanchez is thought to earn around £400,000 a week, a figure way outside of Inter’s current pay structure.

It has been suggested United may subsidise his salary as part of a deal and last week Inter offered to pay £150,000 of Sanchez’s weekly wages, but United wanted more.

Sanchez has had a disastrous 19 months at Old Trafford since leaving Emirates Stadium in January 2018, scoring just five times in 45 appearances.

He scored twice last season and only once in the Premier League and, had he stayed at the club, would have predominantly played in the Europa League and Carabao Cup.

Manager Ole Gunnar Solskjaer wants to give more opportunities to teenage forward Mason Greenwood, who has made three substitute appearances so far this season.

 
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