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Kadaga calls for restoration of cooperative unions

Speaker Rebecca Kadaga

The Speaker of Parliament, Rebecca Kadaga has called for restoration of cooperative unions saying they provide a better way of organizing production, markets and prices of agricultural products.
Kadaga made the remarks at the second Uganda Netherlands Business Convention that was held in Amsterdam over the weekend.

“When we were children, there was a very vibrant cooperative union called, Busoga Growers’ Cooperative Union, which was able to lend money to the British government. We had much money that we were able to lend,” said Kadaga.

Adding “That time the markets were certain, payments were certain. We need to go back to cooperative unions so as to organize better the growing, marketing and payment (of agricultural produce),” she added.

She applauded parliament for the recent push for government to consider reviving cooperative societies in order to improve the quantity, quality and marketing of agricultural produce.
Kadaga also commended parliament for moving government to come to the aid of maize farmers who have been grappling with a sharp decline in maize prices.

“Parliament has been instrumental in recent weeks, and government has had to come up with a strategy to uplift farmers quickly by injecting money into banks to buy maize from farmers,” said Kadaga.

She hopes that the money would be accessible by farmers, “We shall be watching to ensure that this money is not only available but also accessible,” she said.
Francis Gonahasa (FDC, Kibweri County, Kibuku district) vowed to move a motion on restoration of cooperative societies.

He said “unlike SACCOS, cooperatives strengthen large scale investment in agriculture which would boost the economy”.
The Uganda Netherlands Business Convention was run under the theme “Advancing agricultural value addition.” The Convention attracted Ugandan based farmers, agriculture firms in Netherlands, agricultural research institutions and the Ugandan community in Netherlands.

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Barbie sends love to Bobi on wedding anniversary

'GHETTO FIRST COUPLE': MP-elect Robert Kyagulanyi aka Bobi Wine and his wife Barbie Kyagulanyi head to the swearing-in ceremony.

Bobi my love, today is our seventh wedding anniversary. Unlike the other anniversaries in the past, this one finds us in a court room in Gulu. It finds you in clutches, unable to walk by yourself. It finds you before a judge, making an application for you to be released on bail so that you can go for medical treatment.

It finds you in physical pain. On such days in the past, we would go to the beach or somewhere across the Atlantic. We would cut cake, have some wine and celebrate with our children. But today here we are.

Am very proud that you are not before this judge because you did anything wrong. Not because you stole public funds or killed a person. You are before the judge because of standing for what you believe in.

She said Bobi wine has always told me that your dream is to live in a country which works for all citizens. Every day, you are working towards that. Our troubles these past days are a result of that effort. What I can do is once again promise to support you every step of the way. Not because I am your wife but also your best friend.

On our wedding day on 27th August 2011, you composed for me the best song I’ve ever listened to ‘For better for worse.’ You promised to be with me through thin and thick, in sickness and in health, in sorrows and joy. I promised you the same. Here we are on that worse bit of the oath.

Happy wedding anniversary my Love; for better, for worse, in sickness and in health.

Robert Kyagulanyi was earlier released on bail along with 11 other suspects who were arrested in Arua chaotic scenes a head of area parliamentary by-election worn by Kassiano Wadri.

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Torture should only work to wake Ugandans up— Besigye

Kizza Besigye

Ugandans opposition icon, Dr Kiza Besigye says the torture that MPs Bobi Wine, Kasiano Wadri and others have recently gone through is very good if it can wake Ugandans up against President Museveni.

Besigye was talking to the media outside Gulu High Court shortly after the MPs were granted bail.

“I think these challenges that we are going through will serve as a lesson go all of us that this is the time not to bicker around, not to ask who is who but to unite the country to regain power in our country.

The immediate focus must be on helping in whatever way possible to get these people regain their health. And soon as they regain their health, the country should unite to ensure that Museveni must go,” he said.

But Besigye warned that should each opposition leader be selfish and want to be the ones to be fronted for presodency then they might lose it to NRM.

“I have made it very clear to those who have been saying that Besigye is maybe a problem that I will never allow myself to be a problem.

And I have absolutely made it very clear myself that the challenge of the country today is not about choosing a leader. It is about regaining the control of our country,” he said.

Bobi Wine and his 12 co-accused colleagues who have been granted bail by Justice Stephen Mubiru are facing treason charges.

By 1:38pm when this story was filed, the accused persons were still at the court premises signing the bail forms.

Two stand-by ambulances from IHK and Parliament that are expected to transport the suspects- who were tortured in detention- to receive specialised treatment were also in the parking of court.

Wadri is, however, not allowed to go to Arua Municipality in the next 90 days, unless cleared by court, according to Justice Mubiru.

Outside court, dozens of people were celebrating.

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Uganda beats Ethiopia in regional tie to qualify for U17 Tournament

The CAF logo

Uganda’s under 17 team ‘Cubs’ has emerged winners of the Total Council for East and Central Africa Football Associations (CECAFA) Zonal Qualifiers.

Cubs will be representing the region to the 2019 Total CAF U17 Africa cup of nations after defeating Ethiopia 3-1 in the final at the National Stadium, Dar es Salaam on last evening.

Speaking after the game Uganda’s U17 Head Coach Peter Onen said the team has been strong since the second game in the tournament. “We have revenged against the Ethiopians. I’m very proud with the boys,” added.

“They have been so determined and followed whatever we planned. I thank my technical team for the work done it was a collective achievement. FUFA thank you for supporting and giving these young players chance to play,” he said.

Uganda’s U17 opening goal came in the first 15 minutes when defender Kasozi Samson’s header from the sixth Uganda corner of the game was on target to put the Cubs ahead.

At the beginning of the second half Uganda Cubs tactician Peter Onen brought on Vipers SC Junior team midfielder Ivan Asaba for Yiga Najib who had an attempt just after coming on but his shot was inches wide.

In the 61st minute Thomas Kakaire released Iddi Abdu Wahid in the center of the park to double the lead for Uganda.

Alou John Kokas came in eight minutes to the end of the game before Iddi Abdu Wahid scored the third from Asaba’s minus in the 85th minute.

Onen made his final change with Mwaka Polycap replacing Iddi Abdu Wahid in the 89th minute.

In added time Ethiopia got a consolation from a spot kick converted by Mintesnot Wakjira after Kasozi Samson handled the ball in the area.

Tanzania’s captain Kevin John was named tournament’s Most Valuable Player while Ethiopia’s Mintesnot Wakjira took the top scorer accolade with 8 goals.

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Bobi Wine and 11 others given bail

Member of Parliament, Kyagulanyi Ssentamu aka Bobi Wine, tussling it out with Police during the 'this tax must go' peaceful demonstration.

Kyadondo East MP Robert Kyagulanyi and 11 other suspects who were arrested in Arua fracas have this morning been granted bail and restricted to move in their constituencies in a period of three months.

Justice Steven Mubiru said if they are to move around their constituencies, they have to file a formal application in court.

Former President of forum for democratic change (FDC) Gen Mugisha Muntu, Buyaga West MP, Barnabas Tinkansimiire and musician Eddy Yaweh (Bobi Wine’s elder brother), he and other was fled.

Former LOP and Kasese woman Member of Parliament Winifred Kiiza stood as one of the sureties for the Arua elect MP Kassiano Wadri.

However by midday only 17 applications of MPs including Kyagulanyi, Kassiano Wadri and Gerald Karuhanga among had been heard as others wait in the cell for their turn.

Robert Kyagulanyi was arrested together with MP elect for Arua municipality Kassiano Wadri, Ntungamo Municipality MP Gerald Karuhanga, Jinja East MP Paul Mwiru, former MP Michael Mabikke, and 28 other.

Kyagulanyi was first leveled with charges of illegal passion of fire arms and rounds of ammunitions in General court martial however with guidance of Directorate of public prosecution (DPP) charges were dropped.

The group is grappling with charges of treason and malicious damage of wind screen president’s car that was in procession after holding their conclusive rallies ahead of Arua municipality by-election worn by the incarcerated Kassiano Wadri.

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Sudhir tops Forbes list of 10 richest Ugandans in 2018

Mr Sudhir

City businessman Sudhir Rupaleria has again been named the top richest Ugandan by Forbes. Forbs listed 10 top richest individuals.
As Uganda continually increases in its wealth base through the influence of a number of rich personalities, the East African country surprisingly has a list of richest people In Uganda in which most of them are of Indian descent.
Sudhir Rupaleria
Through the influence of his massive net worth which hovers around $1.2 billion, Sudhir Ruparelia has emerged into great fame as the wealthiest person in Uganda and in the entirety of East Africa. Moreover, Sudhir Ruparelia is regarded as a renowned and fortunate tycoon who rose from a mere business enterprise which he set up with a meagre sum of $25,000.
As he remains the richest Ugandan, he is largely associated with investment dealings in sectors including real estate, broadcasting, education, insurance, and banking.
4. Mohammed Hamid

Mohammed-Hamid

Having emerged into Uganda’s class of richest personalities at a youthful age, Mohammed Hamid is considered a fortunate business colleague with huge investments in areas such as transportation, real estate, and manufacturing.
As the owner and originator of the Aya Group, which forms part of Uganda’s thriving companies, Mohammed Hamid’s net worth swirls around $400 million.
3 Alykhan Kharmali

Alykhan-Karmali

Under the aegis of Mukwano Family, Alykhan Kharmali has claimed a notable position amidst the richest Ugandans, especially as he remains the main force behind one of Uganda’s famous companies –Mukwano Group of Companies. With his investments largely centred on banking and manufacturing, Alykhan Kharmali is currently worth $700 million.
2. Karim Hijri
Karim Hijri

Regarded as the main force behind the presence of Dembe Group of Companies, Karim Hijri has attained an impressive feat as Uganda’s second wealthiest person. As the Dembe Group of Companies continually thrives through its subsidiaries such as Dembe FM and Imperial Group of Hotels, Karim Hijri is declared to be worth $750 million.
5 Charles Mbire

Charles-Mbire

Since many of the richest Ugandans are of foreign descents, Charles Mbire claims a notable position as the wealthiest native Ugandan. With his entire worth valued at $350 million, Mbire is well known for his diverse business investments which span across transportation, agribusiness, pharmaceuticals, telecommunications, real estate, energy, and finance.
6. Sikander Lalani

Other than his investment dealings which largely centre on the manufacturing sector, Lalani is the vital force behind the existence of Roofing Groups. Having established himself as an entrepreneur for a very long time, Sikander Lalani has acquired a sum of $300 million as net worth.
8. Gordon Wavamuno

Gordon Wavamuno

As the best part of his wealth is believed to have stemmed from his automotive business, Gordon Wavamunno is immensely linked with the ownership of Spear House together with Spear Motors –his automotive company. Meanwhile, he has the sum of $100 million as his overall worth.
7. Aaron M Mukooza

With regard to his large investments which heavily span across the media together with the banking sector, Mukooza has amassed some net worth valued at $200 million.

9. Mukesh Shukla

Mukesh Shukla

Shukla is reported to have acquired $100 million as net worth mainly from his ownership of Shumuk Group of Companies –a successful company concerned with cooking utensils.
10. Patrick Bitature

Patrick Bitature

Bitature is a wealthy personage who acquires the largest portion of his money through a giant telecom company, Simba Telcom, which he presides over. As Simba Telcom Ltd is regarded as Uganda’s biggest seller/merchant of MTN airtime, Bitature’s wealth has surged perpetually and as the chairman of the giant telecom company, his current net worth hangs around $100 million.

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There is no political crisis in Uganda- Kutesa

Uganda's foreign minister Sam Kutesa, Flanked by the Deputy Director of Uganda Media Centre Col. Shaban Bantariza.

Minister for foreign affairs Sam Kahamba Kutesa says there is no political crisis in Uganda despite the recent fracas the transpired in Arua leading to brutal arrest and torture and detaining of politicians.

This week, Uganda witnessed sporadic protests in and abroad demanding for unconditional release of Kyadondo east MP Robert Kyagulanyi who was incarcerated at Makindye military detention facility however in the process of combating them military police assaulted protesters and journalist as arrests were made.

Kutesa who acknowledged the shooting cases of violence, disturbances and abuse of human rights in the country, said the rule of law will prevail to whoever is responsible for illegal acts.
on the recent political tension that led to dropping of charges of illegal possession of fire arms and rounds of ammunitions from Kyadondo East MP Robert Kyagulanyi, Kutesa said the move is not affecting government’s image and it was the Directorate of Public Prosecution’s (DPP) decision.

He called on journalists to desist from playing Activism role in Ugandan affairs and execute their assignments. “Media deserves respect but as you do your jobs don’t be activists instead of journalist and do balance reporting. We shall punish those people who beat journalists,” he said at media centre.

“I don’t blame you main stream media because you can interview me and publish accurate information. The problem is on social media where misinformation is the order of the day, kill someone even when is alive,” he said.

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Court confirms Mnangagwa’s presidential election victory

Emmerson Mnangagwa

Zimbabwe’s Constitutional Court confirmed President Emmerson Mnangagwa’s disputed July 30 election victory on Friday, dismissing an opposition challenge that had held up his inauguration.

In a unanimous ruling of the nine judges of the country’s top court, Chief Justice Luke Malaba said opposition leader Nelson Chamisa had failed to prove allegations of fraud during the presidential vote.

“Emmerson Dambudzo Mnangagwa is duly declared the winner of the presidential elections held on the 30th of July 2018,” Malaba said in his ruling.

The election, in which Mnangagwa and Chamisa were the main contenders, was touted as a crucial step towards economic recovery and shedding Zimbabwe’s pariah reputation, but instead has left the nation deeply polarized.

An army crackdown in response to post-election violence by opposition supporters left six people dead on Aug. 1, recalling the heavyhanded security tactics that marked the 37-year rule of Robert Mugabe, who was removed in a coup last November.

Mnangagwa now faces the challenge of persuading the international community that the army crackdown and lapses in the election process will not derail his promise of reforms needed to fix the economy.

Police blocked roads around the court, a 19th century British colonial building just opposite Mnangagwa’s offices in central Harare. Vehicles carrying water cannon reappeared on streets near the court house while riot police patrolled the city center in groups.

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Coffee exports decline 8.01 percent in July

The packaging of Uganda coffee for export

Coffee exports in July 2018 declined by 8.01 per cent to 393,022 60-kilo bags worth US$ 40.67 million, according to Uganda Coffee Development Authority.

The earnings in July 2018 showed a decline of 17.49 per cent from the same month last year.
Coffee exports for 12 months (August 2017 to July 2018) totaled to 4.42 million bags worth US $483 million comprising Robusta 3.34 million bags worth $346 million and Arabica 1.08 million bags worth US $138 million. 76.36 per cent of the total volume was exported by 10 exporters, out of 34 who performed during the month compared to 78.37 per cent in June 2018.

By comparing quantity of coffee exported by type in the same month of last year (July 2016/17 and 2017/18), Robusta registered a percentage decrease in both Quantity and Value. (10.47 per cent and 21.06 per cent respectively).

Arabica registered a percentage increase in both quantity and value (7.97 per cent and 2.27 per cent respectively). Coffee exports in 10 months (Oct-July) were 4.8 percent and 13.4 per cent lower than the previous year.

Some of the factors that led to the above figurers were low global prices on account of higher crop in Brazil which affected export prices as well as lower production from the main harvest in Masaka and South-Western regions compared to the previous year, new trees coming into production notwithstanding.

Cumulatively, coffee exports for 12 months (August 2017-July 2018) totaled to 4.42 million bags worth US $483 compared to 4.34 million bags worth US $512 million in the previous year (August 2016-July 2017). This was an increase of 1.77 per cent and a decrease of 5.66 per cent in quantity and value respectively.

Uganda is Africa’s biggest exporter of coffee though Ethiopia, the continent’s biggest producer of the crop consumes of it domestically.

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Work towards reducing risks of global developments- Mutebile tells EAC governors

BoU governor, Emmanuel Tumusiime Mutebile

The Governor Bank of Uganda Prof Emmanuel Tumisiime Mutebile has called for monetary policies that will guide the east African community (EAC) against dollar and measures that will mitigate depreciation of local currencies.

Governor remarked in the 22nd meeting of Monetary Affairs Committee (MAC) of the East African Community that convened to review and prepare a report on the progress of implementation of priority areas towards the operationalization of the region’s Monetary Union in 2024.

He asked members states to draw policies that are in with the management of money supply, interest rate, grounded on to the achievement of macroeconomic objectives like inflation, consumption, growth and liquidity.

“Weaker currencies rises a lot of costs, we should work towards the integration of the region’s economy, carry out micro-economic businesses, encourage exportation of products for strengthening of local currencies,” he said at Serena hotel.

He cautioned fellow governors from the six member states of Uganda, Kenya, Rwanda, Burundi, and the newly appointed members of Tanzania and south Sudan’s to work towards reducing risks that arise from global developments.

“MAC meeting will avail us opportunities to discuss the previous decisions made for economic integration of East African community (EAC)”

Despite civil wars that raged in the county, Governor for bank of south Sudan Dier Ngor noted they are ready to learn from the past experiences of monetary affairs committee to improve on their economic and monetary performances.

He applauded this year’s host Uganda and the entire community for considering them to join diversification and integration line that will see their country elevating from one step to another.

Governor bank of Burundi Jean Ciza, revealed that on top of higher inflation and rending rate in the country, government is doing its best towards restoration of monetary value for transformation of the economy.

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