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BoU boss urges SACCOs to transform into producer cooperatives

Dr. Lious Kasekende

The Deputy Governor of Bank of Uganda (BoU), Dr.Louis Kasekende urged Ugandans to consider turning Savings and Credit Cooperative Organisations (SACCO) into producer cooperatives and use pooled funds as capital investments in the commercial agro-based enterprises.

Dr Kasekende was speaking in Jinja where senior BoU officials were interacting with members of the public as part of the campaign to sensitise Ugandans about BoU activities such as its roles, decisions, policy actions, services and products.

He said SACCOs are often used as a form of safe custody or saving to spend on later festivities and sharing out the proceeds of any interest earnings.

“Such operational modalities often result in returns that are so small to undertake any meaningful investment by an individual member. Such a move coupled with proper record keeping can also facilitate easier access by members to government funds like the Agricultural credit facility (ACF),” he said.

He urge people to reflect on the unutilized potential of these groupings in fostering job creation and wealth for our community.

He explained to the audience the benefits the accrued from dealing with only regulated financial institutions, noting that they are best placed to ensure safety of people’s savings as the regulated institutions are required to act diligently in accordance with the set laws and regulations.

“They offer a recourse to the regulator for consumer protection in case of complaints or irregular activity, and in the event of being closed and liquidated, there is a final recourse to the deposit protection fund for depositors in these regulated financial institutions.”

“You should not be duped into dealing with unlicensed and unregulated financial institutions that are in many ways disguised schemes to defraud the community. Heed warnings or advice coming from agencies like Bank of Uganda regarding operations of certain investment schemes or institutions,” he added.

He urged them to take keen interest in physically inspecting the licenses of any institution that claims to be licensed by BoU or any other regulator.

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MPs call for more awareness for Green Jobs programm

Ministry of Labour, Gender and Social Development officials facing off the parliamentary committee.

Members of Parliament have lauded the Green Jobs program but demanded that more emphasis needs to be put on creating awareness for more youth and women to be attracted if their economic fortunes are to be turned around.

Under the Green Jobs Program,7 youth and women groups have been bankrolled with innovation grants worth Shs700m,1,976 Jua-kalis(youth in informal sector) in greater Kampala have been supported with equipment and toolkits while the needs gap of some 95,000 Jua-kalis across the country has been assessed.

MPs on Parliament’s Committee on Gender today met officials from the Ministry of Gender, Labour and Social Development led by Ms Janat Mukwaya to respond to issues raised in the Ministerial policy statement.

Amuru Woman MP LucY Akello draw parallels between the Green Jobs program and a scheme funded by the Commonwealth Youth Programme(CYP) in Amuru but demanded that emphasis needs to be put on ensuring that potential beneficiaries are aware about what is on offer.

“It is a very good program but many people are not aware of it. There is another good program which was lauched in Amuru and it ws very good but because little was done on awareness, it is now a shadow of its former self. For Green Jobs,there should be priority on creating awareness, “Ms Akello said.

Ms Hellen Asamo (PWDs) said the Ministry should provide a breakdown on how Persons With Disabilities(PWDs) from different regions are benefitting from the Green Jobs Program and the Volunteer Graduate Scheme.

“There are girls who are below 18 and are not graduates. How can they benefit? What is the plan for PWDs under the Graduate Volunteer Scheme(GVS),”Ms Asamo asked.

Under the Uganda Graduate Volunteer Scheme,97 graduate volunteers have been placed in employment while more will be placed before 30th June 2019.

Ms Mukwaya told MPs that applications to the Scheme are processed Online and encouraged them to mobilise eligible graduates from their constituencies to join.

For the Songhai Model at Kampirigisa,Shs11million generated as Non-Tax-Revenue(NTR) and 20 youths equipped with different skills in the agricultural centre.

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IGG accepts there are corrupt officials at her office

Justice Mulyagonja

The Inspector General of Government (IGG), Justice Irene Mulyagonja has said that the allegations of corruption within the inspectorate are real since the institution operates in the corruption bleeding environment and as such her institution cannot escape such perceptions.

Recently, whistleblowers petitioned Nakalema, over corruption, impunity and maladministration in the inspectorate that is mandated to fight corruption in public offices. They said some officers at the inspectorate of government were receiving bribery of up to Shs350 million from people whose cases are not registered with the institution.

They accused the Secretary to the Inspectorate Rose N. Nakafeero and other members of the board and the management team for handpicking and interviewing people and that are yet to issue new appointments to new inspectorate officers without following the normal recruitment procedures set by the Internal Human Resource Policy of 2017 or the Public Service Standing Orders 2010.

Speaking at Hotel Africana on Wednesday, justice Mulyagonja urged whistleblowers to report such cases of corruption to the inspectorate, saying corruption minimized within the intuitions. She said her office cannot fail to investigate its officers when complaints have been lodge. She vowed to investigate the allegations and prosecute any official implicated in the vice of soliciting bribes from complainants.

“Corruption affects the fairness and independence of institutions mandated to enforce law and order leading to loss of confidence in these sectors. Corruption is built within intuitions, if we can remove or expose them, corruption will go.” She said.

She said corruption starts in some institutions starts with administrators who handle money issues. In the judiciary, she said, it starts in the registry. “In hospitals, it is the same story so we need to get this done by getting the drivers of the vice out of offices and prosecute,” she said.

She said government has significantly introduced legal frame work, policies against corruption. These, she said, include; the office of the DPP, police, Constitution, IGG, Ant-Corruption Act, National Audit Act, Leadership Code Act among others. “They are supposed to fight corruption, audit, approve accountability but Ugandans ask why corruption continue to exist in Uganda,” she said.

“We would love to fight this vice however we lack coordination. We as institutions in the fight against the corrupt need to be well coordinated. People don’t have confidence in most of the institutions because of the perception of corruption within them,” she said, urging people to report cases of vice to her office.

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Minister warns UIA against licencing quark investors and corruption

Minister Anit (third from left) with new UIA board members

State Minister for Privatisation and investment, Evelyn Anite has warned the new Uganda Investment Authority (UIA) board against licencing quark investor as well as engaging in corruption as they deal with potential investors and promote investments in the country.

Anite said while inaugurating UIA’s new board at its headquarters in Kampala. She said the country has in in the past suffered with people licenced as investors only to turn out as a burden.

“The biggest problem we have had in the past is quack investors. We don’t want white elephant investments anymore. You should not licence people who come as investors but the next day they are on streets selling pancakes or are mortgaging our land,” the minister said.

She said that the country has not got value out of a number of investors cleared by Uganda Investment Authority but end up doing a disservice to Ugandans.

The minister said the board had been resized from 13 to 7 members to ensure they do a quality job, saying that government has high hopes in the new board to deliver on its mandate and targets.

She told the new board members that as part of their targets, they are expected to lead to a creation of one million jobs per year in a bid to help fight the rampant unemployment in the country.

“You are being looked at to attract foreign direct investments that are of high value. We want to see investments that will see one million jobs created annually,” she said.

She said 2016 data shows over 8000 jobs are created annually in Uganda though this has not had a significant impact on the economy.

She however noted the statistics were compiled in 2016 and there is need for updated statistics.

The minister urged the new board to increase the number of industrial parks grows from the current 11 to 25, spread across all parts of the country.

Current industrial parks are established in Namanve Mbale, Bikwe, Bweyogerere, Kapeeka and Mbalala among other areas.

“Some of these (11) are historical and not yet well built but according to the contract, we want five industrial parks every year. We want industrial parks with roads fully worked upon, water and electricity all in abundance, “she said.

The new UIA board is chaired by Emely Kugonza with members like; Fred Opolot, Morrison Rwakakamba, Joshua Mutambi, Godfrey Byamukama Kerere, Ombombasa Naima and Getrude Kutesa Lutaaya.

The previous board was dissolved after President Yoweri Museveni signed the law on February 20. The new UIA board members were cleared by Cabinet last month following weeks of consultations and background checks.

The Investment Code Act 2019 seeks to cut red tape, speed up job creation and investment promotion in the country. The new law provides a mechanism of dealing with local and foreign investments in Uganda and promises favourable conditions for investment and other related matters.

According to his 2016 job creation plan, Museveni wants to create at least 1,000,000 jobs before the end of his tenure in 2021.

UIA is a semi-autonomous government agency which drives national economic growth and development in partnership with the private sector.

UIA markets investment opportunities; promotes packaged investment projects; ensures local and foreign investors have access to information, especially about the business environment so as to make more informed business decisions; and offers business support, advisory and advocacy services.

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Uganda to host CAF Club Licensing workshop

Rogers Byamukama.

The Federation of Uganda Football Associations (FUFA) will host two CAF Club Licensing Workshops next month in Kampala in two phases.

The development was confirmed by the Fufa Licensing Committee Chairman Rogers Byamukama during the FUFA weekly Press conference at FUFA House in Mengo.

The first workshop is scheduled to take place on Sunday, April 21, and Monday, April 22, 2019, with the second one slated for Wednesday, April 24, to Friday, April 26, 2019.

52 participants coming from 26 countries will attend from the designated period at Sheraton Kampala Hotel.

CAF and FIFA instructors MM Mokhtar Harraz from Egypt, SM Feizal (Mozambique), Dasoberi EN (Ghana), Bosilong Kabelo KH (South Africa), Middleby Robert David (Australia), Abubakar Salihu (Nigeria) will conduct the upcoming Club Licensing workshop in Uganda.

It will be the third time that Uganda is hosting CAF organised sanctioned events in a space of one year after it hosted the CAF Young Talent Referees workshop and CAF Futsal and Beach Soccer committee meeting in Entebbe in early 2018.

The objectives of the workshop are; Provide Federations with an update on the club licensing system at the continental level.

Receive a full update on the status of the club licensing system at National level.

One on one meetings with Member Associations (MAs) in order to provide special attention and assist them with specific needs.

Assist the MAs with near future planning, in order to have clubs ready before the deadline for engagement in the next CAF Inter Club competitions

And organize interaction group sessions between Member Associations to share best practices.

Countries taking part (26 Countries, 2 participants from each country):

22nd-23rd April 2019: Botswana, Egypt, Gambia, Ghana, Kenya, Libya, Uganda, Namibia, Seychelles, Somalia, South Sudan, Lesotho and Liberia

25th-26th April 2019: Angola, Eritrea, Ethiopia, Tanzania, Zanzibar, Mozambique, Malawi, Nigeria, South Africa, Sudan, Swaziland, Zambia and Zimbabwe.

Last year’s Caf Licensing workshop was hosted in Kenya.

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Nation Media Group 2018 pretax profit down 16.4%

By Our Reporter

Nation Media Group’s pretax plummeted 16.4 per cent to Shs1.6 billion ($15.83 million) in 2018, the company tweeted on Wednesday.

The fall was “mostly due to depressed regional economies. Also impacted by discontinuation of government advertising business from July 2018 due to inordinate delays in settling outstanding debts,” the company said.

Nation, the biggest publisher in East Africa, also operates in Uganda and Tanzania and runs radio and television stations in addition to a newspaper business.

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Man United legend Paul Scholes charged with Betting offences

Pual Scholes

Former Manchester United great Paul Scholes has been charged by the Football Association (FA) for allegedly breaking their betting rules, English football’s governing body announced on Tuesday.

The charge levelled at the 44-year-old, whose first foray into management with Oldham lasted just 31 days earlier this season, relates to bets allegedly placed between 2015 and 2019.

He is believed for allegedly placing over 140 bets on football matches between August 2015 and January 2019.

The period covers when Scholes was a part-owner of non-league side Salford City, but before his appointment as Oldham manager in February 2019.

“Paul Scholes has been charged with misconduct in relation to The FA’s Betting Rules,” the FA statement read.

“It is alleged he placed 140 bets on football matches, contrary to FA Rule E8, between 17 August 2015 and 12 January 2019.

“He has until 26 April 2019 to respond to the charge.” The statement concludes.

Scholes’ spell in charge of Oldham started brightly with a win, but he failed to pick up another victory in his next six games and left with the side languishing in 14th place in the fourth tier.

Scholes, who won 11 Premier League titles and two Champions League trophies during a glittering playing career with United, resigned as a club director at Salford, while retaining his 10 percent stake, before taking the Oldham job.

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Uganda Airlines receives first CRJ900 Aircraft

Officials at ceremony

Bombardier Commercial Aircraft on Tuesday celebrated the delivery of the first two of four CRJ900 aircraft ordered by Uganda National Airlines Company in July 2018. The new airline has selected Bombardier and the CRJ900 regional jets fitted with the ATMOSPHÈRE cabin for its upcoming debut, making it the first operator in Africa with this enhanced cabin experience.

The CRJ900 delivery ceremony held at Bombardier’s Mirabel, Québec facility, was attended by executives of both Uganda Airlines and Bombardier Commercial Aircraft as well as several shop floor employees who build the CRJ900 aircraft.

“We are thrilled to commence our operations with the world’s leading regional jet, and we look forward to providing the most modern passenger experience in regional aviation to the people of Uganda and across Africa,” said Ephraim Bagenda, CEO, Uganda National Airlines.”

“We congratulate Uganda Airlines for taking delivery of their very first CRJ900 jetliner fitted with the ATMOSPHÈRE cabin in a dual-class configuration with 76 seats, including 12 first class seats. The CRJ Series is recognized for its superior economics and efficiency and I am confident that it will be the stepping stone for the development of Uganda’s regional air travel”, said Fred Cromer, President, Bombardier Commercial Aircraft.

Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains. Our products and services provide world-class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Bombardier has production and engineering sites in 28 countries across the segments of Transportation, Business Aircraft, Commercial Aircraft and Aerostructures and Engineering Services. Bombardier shares are traded on the Toronto Stock Exchange (BBD). In the fiscal year ended December 31, 2018, Bombardier posted revenues of $16.2 bil

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UNBS to test samples Kenyan processed salt

UNBS Executive Director Dr. Ben Manyindo addressing the media

The Uganda National Bureau of Standards (UNBS) said on Tuesday that it had picked samples of Pearl Salt for testing to establish if it suitable for human consumption.

The latest development follows media reports attributed to the Member of Parliament for Kilak South Constituency Gilbert Olanya who had reservations about the quality that brand.

“… UNBS does not take the allegations lightly and we have picked samples from the market to carry out further laboratory analysis to ascertain whether the salt meets the requirements of the standard for fortified food salt (US EAS 35:2012),” it said in a statement.

UNBS said the salt brand in question bears the Kenya Bureau of Standards (KEBS) Standardisation Mark as evidence that it has been certified for compliance with standards.

The salt brand was cleared for importation into Uganda based on valid certification permits from KEBS as part of mutual recognition of certification permits issued by Standards bodies in EAC Partner States. “This measure was designed to facilitate trade among EAC countries,” UNBS said.

As a quality assurance measure, UNBS routinely picked samples for further laboratory analysis and the tested samples passed.

“UNBS will continue to perform its mandate of enforcing standards to protect the health and safety of consumers and the environment against dangerous and sub-standard products, the statement said.

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Bamugemereire’s land probe goes against court ruling on Garuga land

Justice Bamugemereire

Justice Catherine Bamugemereire’s land probe was duped into listening to the Garuga land matter which court settled on December 22, 2017 as 19 plaintiffs won the case in Justice Andrew K. Bashaija’s ruling.

The civil case 207 of 2014 had 19 plaintiffs who included individuals and companies sue defendants Getrude Nakiyimba, Faridah Namirembe Nalumansi Alias Princess Bwanga, Joseph Kanaabo and the Auditor General who was dragged into the case due to the actions of the police on the said suit land.

The court ruling of some of the people in Ntende whom Caster Ssemwogerere rushed to the land probe, claiming the land is part of the estate of the late Daudi Kasimbazi who died in 1959. He is a grandson to the late.

The land was originally registered MRV 152 Folio 12 registered in the name of Daudi Kasimbazi before it changed hands as beneficiaries took up their shares, meaning it could not remain as one block as claimed by Ssemwogerere.

STATE ATTORNEY LETTER TO ADMINISTRATOR GENERAL JUNE 2014

In the judgement by Justice Bashaija, Nakiyimba who claimed to be the administrator of Kasimbazi’s estate assumed that role after the said land had been distributed to various beneficiaries. She was not the beneficiary in the distribution of the said land, according to the will left behind by her father Kasimbazi.

According to the Administrator General land MVR 152, was sub divided and as such claims by Ms Nakiyimba that she is the administrator raises questions of how she assumed that role given the subdivided land.

The judgement shows that Ms Nakiyimba admitted to have trespassed on one of the subdivided plots that was sold to a new person.

“After carefully evaluating the evidence as a whole on this issue, it is clear enough that the 1st (Nakiyimba) – 3rd defendants committed the acts…or were privy to the acts of trespass complained of on the suit land,” reads part of the judgement.

According the judgment, Ms Faridah Namirembe Namusisi alias Princess Bwanga Bwamirembe (second defendant), also admitted entering the suit land on a number of occasions without the consent of the plaintiffs who bought the plots of the sub divided land. She said she had no interest or claim of right in the suit land and that her role was only to take care of cultural heritage of the Kingdom of Buganda.

“Given the evidence adduced by plaintiffs and in view of the admissions made by both the 1st (Nakiyimba) and 2nd (Namusisi)…, each of the defendants trespassed on the suit land,” reads part of Justice Bashaija’s ruling on the matter.

In the ruling Justice Bashaija awarded plaintiffs special damages of Shs160 million and general damages worth Shs200 million as compensation. The special damages comprised illegal excavation of sand and stones, cutting down trees and fences, destroying crops and threatening violence against plaintiffs.Shs200 million was to cover loss and inconvenience caused by continuous actions of trespass on plaintiffs’ land by defendants (Nakiyimba and Namusisi).

All the 19 plaintiff bought their land from former owners, presenting sales agreements, and would later acquire land titles for their plots. For instance Garuga Musinguzi, the Managing Director of Incafex Limited, says he bought part of the land in 1990 from Evaristo Nyanzi and Andrew Ben Ssengooba, who were the former registered proprietors.

The ruling says each of the plaintiffs is the duly registered proprietor of his or her respective plot of land that they did not have to follow any while buying.

The ruling also quashed actions of the Uganda Police Land Protection Unit who supported Nakiyimba and Namusisi as they trespassed the suit land.

The ruling also required Nakiyimba, Namusisi and Kanaabo to deliver duplicate certificate title of MRV 152 Folio 12 within 21 days from the date of judgement to the Commissioner of for Land Registration for cancellation. The judge warned that failure by the trio to do so would lead to the Commissioner would be directed to recall and cancel the said duplicate certificate title.

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