Stanbic Bank
Stanbic Bank
23.9 C
Kampala
Stanbic Bank
Stanbic Bank
Home Blog Page 1517

History of the World Cup Trophy

The Jules Rimet trophy

Ahead of the 2018 World Cup final in Russia, we take a brief look at the history of the iconic trophy.

The World Cup is a gold trophy awarded to the winners of the FIFA World Cup association football tournament. Since it started in 1930, two trophies have been used; the Jules Rimet Trophy from 1930 to 1970, and the FIFA World Cup Trophy from 1974 to the present day.

The first trophy was named after the third FIFA President, Jules Rimet. The Frenchman was one of the key men responsible for creating a World Cup tournament, after he passed the vote to start a global football championship in 1929.

It was designed by French sculptor Abel Lafleur and made of gold-plated sterling silver on a white/yellow marble base. It stood 35 centimetres high and weighed 3.8 kilograms.

On 20 March 1966, four months before the 1966 FIFA World Cup in England, the trophy was stolen during a public exhibition. It was found just seven days later wrapped in newspaper in South London, by a dog named Pickles. The owner of the dog received £5,000 as a reward.

On 19 December 1983, the original Jules Rimet Trophy was stolen from the Brazilian Football Confederation in Rio de Janeiro. Four men were tried in absentia but the trophy was never recovered. It is widely believed to have been melted down and sold.

The World Cup Trophy since 1974

The subsequent trophy, called the “FIFA World Cup Trophy”, was introduced in 1974. Fifty-three submissions were received from sculptors in seven countries. Italian sculptor Silvio Gazzaniga was awarded the commission

Gazzaniga designed the trophy in 1971, it was worth US$50,000. Now the trophy is estimated to be worth US$10m. The trophy stands 36.8 centimetres high and weighs 6.1 kilograms with a base of 13 centimetres in diameter. It depicts two human figures holding up the Earth.

The trophy has the engraving “FIFA World Cup” on its base. After the 1994 FIFA World Cup a plate was added to the bottom side of the trophy on which the names of winning countries are engraved, names therefore not visible when the trophy is standing upright.

The original trophy is now permanently kept at the FIFA World Football Museum in Zurich, Switzerland. It only leaves there when it goes on its FIFA World Cup Trophy Tour, and it is also present at Final draw for the next World Cup, and on the pitch at the World Cup opening game and Final.

The Cup used to be kept by the winning team until the final draw of the next tournament, however, that is no longer the case. Instead the winners of the tournament receive a bronze replica which is gold-plated rather than solid gold.

Brazil have it won five times, and they are the only team to have played in every tournament. The other World Cup winners are Germany and Italy, with four titles each; Argentina and inaugural winner Uruguay, with two titles each; and England, France, and Spain, with one title each.

Stories Continues after ad

Empower refugee host communities – Minister Hillary Onek

Minister Hilary Onek addresses the press at the Uganda Media Centre

Minister for Relief, Disaster Preparedness and Refugees Hillary Onek has called for empowerment of both local people and local government that host asylum seekers.

Speaking at the Dialogue on Financing Local and National Actors in Uganda’s Comprehensive Refugee Response, Mr. Onek said refugees are temporary and will eventually head back home, however their through their involvement in income generating activities, their presence should be able to transform areas that are hosting them.

Currently Uganda is hosting over 1.4 million refugees from South Sudan, Somalia, DRC and Burundi. It is estimated over 950,000 refugees arrived from South Sudan due to country’s escalating five years civil war that has left hundreds killed as others flee to save their lives.

Despite commitment to help refugees and finance local actors we have found a lot of competition from NGOs for funding; Onek said there is need to engage more local organisations to enhance funding in refugee host communities to champion the cause.

“We are re-registering the refugees so that there is no double registration, We don’t want to leave any space for corruption especially from the poorest of the poor, People who steal money for refugees deserve life imprisonment,” he said at Imperial Royal Hotel.

He retaliated that corrupt tendencies among officials especially in refugee management should stop, “I task Police to investigate and arrest those people. With permission from prime minister and the inspector general of government (IGG) we shall continue carrying out serious investigations,” he added.

State minister for local government Jenipher Namuyangu said both local communities and refugees are supported in service delivery and her ministry is committed to working with everyone to see achievement of the already set of goal of continuous support.

“Non-government organisations (NGO) help played a significant role in addressing what government can’t easily work on like disasters and emergencies,” she said.

“When refugees come, the first to welcome them are people locals, they should be helped through awareness, among other necessities,” she said.

Stories Continues after ad

Croatia Vs France: 2018 World Cup Final preview

A photo montage of Mbappe and Modric. The two will be the players to look out for in the coming final

France will take on Croatia in the showpiece of the biggest football event on earth, the 2018 World Cup final on Sunday in Russia.

This is the third all-European final in the past four World Cups, and Croatia is a debutant at this stage, being the 13th nation to reach a World Cup final. The French will be seeking for their second World Cup crown since 1998 while Croatia their first.

The two nations have met once before in the FIFA World Cup: at France 1998. It was Croatia’s first appearance at the tournament, and France’s second event as hosts. They met in the semi-final which saw Croatia take the lead through Davor Suker, only to be denied a place in the final by two goals from Les Bleus’ right-back Lilian Thuram.

They have met a total of five times since 1998. France have the edge with 3 wins to Croatia’s 0 wins and two draws between them. Their most recent meeting was an International Friendly game in 2011, which ended in a 0-0 draw in Paris.

Ivan Rakitic has set one world record already for this season. The game against England was his 70th match this season. No one in the world has played more than him! He has played 55 games for Barcelona and 15 for Croatia so far. The biggest yet is next.

Croatia’s Captain Luka Modric or France defender Raphael Varane will become only the ninth player to play on the winning team in the FIFA World Cup and UEFA Champions League finals in the same year.

Dejan Lovren is set to become only the second player to play in the Champions League final for an English club, and the World Cup final in the same year (after Thierry Henry in 2006).

This is Croatia’s first World Cup final. The 1998 tournament remains their most historical campaign at the tournament when they finished in third place and their striker Davor Šuker was the top scorer with 6 goals.

Argentinian referee Nestor Pitana, who officiated the Opening Match at Russia 2018, will be in charge of the Final at the Luzhniki Stadium.

He has already refereed four matches at Russia 2018, taking charge of Russia v Saudi Arabia (Opening Game) and Mexico v Sweden in the group stages, the Round of 16 match between Croatia and Denmark, as well as the quarter-final between Uruguay and France.

He will be assisted by fellow countrymen Hernan Maidana and Juan Belatti as the first and second assistants. Bjorn Kuipers and Erwin Zeinstra from the Netherlands will be the fourth official and reserve assistant referees respectively.

The final will take place at 6pm in Moscow’s Luzhniki Stadium on Sunday, 15 July.
Road to the final:

France: Topped Group C with 7 points. Defeated Argentina 4-3 in the round of 16. Defeated Uruguay 2-0 in the quarters and defeated Belgium 1-0 in the semifinal.

Croatia: Topped Group D with maximum 9 points. Defeated Denmark 3-2 in penalties after a 1-1 draw in the round of 16. Defeated Russia 4-3 in penalties after a 2-2 draw in the quarters and defeated England 2-1 in extra time of the semifinal.

Possible Lineups:
France: Parvard, Umtiti, Varane, Hernandez, Pogba, Kante, Mbappe, Griezmann, Giroud.
Croatia: Subasic (GK), Vrsaljko, Lovren, Vida, Strinic, Rakitic, Modric, Rebic, Kramaric, Perisic, Mandzukic.

Stories Continues after ad

After local council elections, it’s time for reconciliation

Mr. Woira

By Micheal Woira

I still continue to jubilate following the conclusion of local council (LC) elections, much as they didn’t go well in some regions of the country. Point is that at least most villages in Uganda have their own elected leaders who can mobilise them.

The election process had Ugandans exercise their right, right from the registration, the actual voting where people lined up behind their candidates, counting of voters and announcement of results.

However, the big voter turn-up on the lection day demonstrated how Ugandans value village leadership in this country. They woke up early Tuesday morning and were seen at various polling stations eager to vote. This was evidence that citizens had been longing for leaders who can serve them better.

The electoral exercise also showed that citizens can reconcile on leaders they think can serve them better, irrespective of social class, religion, tribe and political party affiliation. One psychologist says that: ‘When groups which were formally antagonistic engage in activities that are aimed at a shared future, they are more likely to develop mutual trust which is a vital step towards reconciliation in the community.’

Compromise is not a sign of weakness; it is a sign of maturity. Ugandans can now start to desist from finger-pointing, name-calling, discriminating against others and discuss how to make things better. For instance, all LCI candidates that I had chance to interact with had very good development ideas that help the country prosper. It is therefore not hard for citizens to agree on the best development ideas. We can agree on a number of them.

It is high time we realised that politics is all about compromise for the good of the country. Reconciliation is one of the core issues that all leaders must always bear in mind. All candidates irrespective of their political affiliations must avoid statements that divide the people. There is no need to play politics of hatred. Politics of hatred takes us nowhere while politics based on good ideologies builds the nation Uganda.

That said, it time to take stock mistakes during elections and chart a way forward for our destiny as citizens of Uganda. Electing leaders serves as an affirmation of the people’s right to be led by those that they choose. Those who fail to be chosen must work hard in preparation for the next election. But also have the chance to advise those in leadership.

My heart’s desire is to wish love and peace to all Ugandans. We need to move forward, get beyond the hatred and bitterness. The village elections are gone, yet still many are to be held in the near future. Those who lost in the recent elections could emerge winners in the future elections. So why hate fellow citizens for winning an election? Ugandans are one and will always remain one. That is why one of the political parties in the country has a slogan that goes: One People One Uganda…

The writer is a Media Assistant at Uganda Media Centre

Stories Continues after ad

DFCU Bank top executive resigns, poised to take over management of rival

William Sekabembe

Resignations and shareholder exits continue to wreck DFCU Bank, with the latest top executive to hand in his resignation letter being William Sekabembe, who has been the Chief Business & Executive Director since 2016.

Sources say Sekabembe tendered in his resignation letter some time back though he is waiting for the three month notice to expire before can officially move on. This was agreed as he signed his contract with employers.

Sekabembe, according to some sources could be heading to Kenya Commercial Bank (KCB) as Managing Director, even though other sources say he missed the chance in 2017 to replace Juma Kisaame, the current troubled Managing Director of DFCU Bank.

Kisaame’s contract was planned to end in 2017, but he was given more time, to align Crane Bank to DFCU operations. Sekabembe would then fully assume the top job but latest developments at DFCU Bank seem to have pushed Sekabembe away.

Sekabembe is said to have disagreed with DFCU’s purchase of Crane Bank, something that did not go well with other top managers who were in favour of the now controversial transaction that has ended in courts of law, following a suit filed by former shareholders of Crane Bank.

The last few weeks have seen Britain’s Commonwealth Development Corporation (CDC) Group Plc, the bank’s second majority shareholder seeking for buyers of its shares in DFCU Bank. Deepak Malik, the CEO of Arise B.V; DFCU’S majority shareholder with about 58 percent also resigned from the board without giving clear reasons personally.

However, DFCU says Malik chose to resign from the board, having been appointed CEO Arise B.V. and that the resignation is in fulfillment of the regulatory requirement that 50 percent of members of the board be residents in Uganda. The bank says rumours in the media are unfounded, and that the public should ignore them.

An insider in DFCU says the fight for profits and the controversial acquisition of Crane Bank are some of the reasons for the crisis at the bank. This website was told that some big shareholders are not sleeping over the suit filed by Crane bank shareholders who sued Bank of Uganda and DFCU.

Despite Elly Karuhanga, the board chairman describing the changes at DFCU Bank as normal, industry analysts say facts available paint a different picture- a bad one.

Insiders say DFCU Bank has no sufficient liquidity to lend to its clients. A source said recently managers requested BOU to lend them some cheap cash for this business but Bank of Uganda turned them down, instead advising them to borrow from other commercial banks. Analysts say that happens when the central bank is unable to lend to a commercial.

Sekabembe holds an MA, Economic Policy and Planning (2002-2004) from Makerere University. He started working at Standard Chartered Bank in 1999 as a Personal Banker. In July 2001, he joined Barclays Bank Uganda as a Prestige Banker where he rose through the ranks in nine years to become Head SME Banking in October 2008 and then was promoted to Head of Branch Distribution in December 2009.

In May 2010, he joined to Stanbic Bank Uganda as Head of Products. He joined DFCU Bank as Head Consumer Banking in May 2012. He became the Head, Corporate Banking before being promoted to Chief of Business & Executive Director in October 2016.

Sources say Sekabembe is likely to be replaced by Andrew Kabeera, the current Chief Operating Officer. Kabeera joined DFCU in May 2018 from Standard Chartered Bank Uganda. He was Head Corporate and Institutional Banking and Commercial Banking Operations.

Stories Continues after ad

July 26: Age Limit petition Judgment Day

Justice Winy Dollo

Kampala: The Constitutional Court has scheduled July 26, 2018 as the date for the delivery of Judgment in the anticipated ‘Age Limit Petitions’ at the Mbale High Court situated in Eastern Uganda.

In December last year Parliament passed age limit bill lifting presidential age limit that was capped at 75 years, giving a leeway for President Yoweri Museveni who is currently 73 years to stand for presidency in 2021 and on the same day they also voted to extend their term in office from five to seven years.

Due to dissatisfaction with what transpired in Parliament, six opposition legislators led by Winnie Kiiza, Uganda Law Society, and Male Mabirizi among other concerned citizens petitioned the Constitutional Court challenging the ‘Age Limit Act’.

They argued that the process of enacting the bill was marred with violence, assault of legislators, storming of Special Forces Command (SFC) in Parliamentary chambers and violations of human rights which among others contradicts with Parliamentary rules and procedures.

It’s upon that, that a panel of five judges of Constitution Court, led by, the Deputy Chief Justice Alfonse Owiny-Dollo, Remmy Kasule, Elizabeth Musoke, Chebrion Barishaki and Kenneth Kakuru sat in Mbale and listened to petitioner’s submissions.

In court the petitioner’s layers led by Lord Mayor for Kampala Erias Lukwago, Male Mabirizi, contended that the extension of legislators tenure in office was didn’t go through legal process and thus it was uncalled for.

Stories Continues after ad

Mister President, let every MP hire personal security

Dear our president, on July 11, while deliberating on the controversial social media and mobile money taxes, you mentioned that some Ugandans are willing to pay the taxes but their concern is that some government officials are embezzling the money collected as tax revenue. Your excellence you referred to them as pigs. Unfortunately your government has failed to weed out those pigs from the public service.

As Ugandans oppose the taxes that impact negatively on their freedoms of speech, right to information, they are now shocked that your government wants the members of parliament who we pay for almost doing nothing, to have personal security whose calculated cost of Shs290 billion. This is alarming, especially that our health and educational facilities are the worst in the region whereas as the courts are rotten that is only the rich who go there for help. That money should go to the two sectors.

My advice, if indeed those MPs need boosted security, they should pay for it out of their pockets, including acquiring loans. I believe the money we pay them is enough to cater for all their needs. If they cannot afford it, maybe government can give them a modest security allowance. Otherwise we the people are fed up with the continuous government expenditure on issues that don’t benefit us.

Are you saying that all Ugandans should start contesting for political posts because they appear to the most remunerated in the country. We see doctors, engineers; teachers and other professionals abandon their assignments to become politicians. Then we beg that barriers to contesting such posts should be removed such as fees, age limit and academic qualifications. We also ask that you will put in place measures that catch vote buyers.

We who did European History in High School see the country now matching the Seventeenth Century Europe where a few nobles and government officials enjoyed the countries’ wealth as masses swam in abject poverty. We are not pleased that MPs who are one of the highest earners in the country get free cars, free medical care while government has no any social policy to help citizens access health services in case of dangerous diseases.

The discrimination of citizens economically by those in power caused revolutions in Europe. Ugandans have been reading this history in schools and they see no difference when they look at what is happening in the country. Good thing is that Ugandans don’t want such to happen especially when they know they will be shot dead by state operatives on orders.

We know that most MPs in parliament are billionaires who own farms, companies, hotels, private security firms, schools, health facilities, rentals, just to mention but a few. You can not tell Ugandans that such billionaires cannot afford personal security. While those pigs you mentioned are known, fear is that politicians stealing Ugandans’ wealth openly through legislations. I think the Shs290 billion earmarked for the MPs personal security is part of the problem and the population is against it.

Mr President Ugandans are crying. They can’t afford medical care, they cannot take their children to best schools, they cannot afford court fees, balanced diet and others. Their children are destined for UPE and USE schools. Ask how many of the MPs have sent their children to these poor schools. Ugandans are interested in the quality of their children as they grow yet UPE and USE cannot provide this. Actually some call it “just passing through school”. It is the reason why the MPs and other top government officials take their children to the so-called first world schools. If the MPs didn’t have the money they wouldn’t be taking their kids to those prime schools.

Such discrimination, Mr President, is indicative of a planned move to let a few rule and use the wealth of Ugandans to meet personal and family needs. A recent government report showed that poverty levels in the country had risen up yet politicians claim they want to move this country to the middle income status by 2020. That will not be achieved when money is not spent on citizens who vote politicians into power.

Mr President by saying that taxpayers should meet the cost of the MPs personal security, it means government has the money to meet the security of each family in Uganda. In the villages people are losing their properties to thieves, burglars and other criminals such as land grabbers.

However if government bows and pays for MPs personal security be ready also to pay for district chairman, LCIII, Mayors, LCII, LCI and Councilors at all levels. You will not deny them because they also serve in your government and are also important as far as the development of the country is concerned. My cry is that you just leave the MPs to meet their own personal security costs.

Stories Continues after ad

Pressure group wants Bagyenda wealth report published

Embattled former Executive Director in charge of Supervision at Bank of Uganda Justine Bagyenda.

A pressure group, Youth Power Research Uganda, has urged the Inspector General of Government Irene Mulyagonja to leave fears behind and publish a report on investigations into Justine Bagyenda’s alleged illicit wealth.

The group wrote a letter on July 13, 2018 arguing that their demand to the IGG to publish the report is based on the constitution of Uganda not their personal interests.

Ms Bagyenda is a former director of supervision at the Bank of Uganda (BOU) who was sacked early this year by her boss, the governor, Prof. Emmanuel Tumusiime-Mutebile, without giving any clear reasons. Her sacking would later attract the attention of the IGG and president Museveni.

She is alleged to have amassed too much wealth, which include owning various properties in Kampala and holding tens of billions of shillings on different bank accounts. Ms Bagyenda insists she amassed hear wealth by working hard.

In June the IGG said investigations into Bagyenda’s wealth were going on that the report would be shared with relevant authorities, meaning it will take long or it may never be open to the general public.

The group says that the constitution of Uganda gives the office of the IGG independence and power in the execution its work without fear.

“Article 227 of the constitution confirms your institution independence. Article 225 and 230 of the constitution further more clothe your office with the necessary powers to perform your functions,” the letter reads in part.

The group say the IGG has taken long to issue the report. “We regret to note that this exercise by your office has taken disproportionately long without any results. At this rate it would take centuries to dispose of just a handful of matters of matters under your charge, “the group says.

Bagyenda is alleged to have used her position to amass wealth as her leaked bank accounts indicate she has close to Shs20 billion spread on her accounts in GT Bank, Barclays Bank and others.

Stories Continues after ad

Over 2,300 people have been arrested on suspicion of crime

The Uganda-Police-Force logo with the Motto 'Protect and Serve'.

Kampala Metropolitan Police Commander Moses Kabugo Kafeero say over 2,321 people have been arrested in Kampala on suspicion of involvement in crimes such as robbery, counterfeits and drug abuse and distribution in the last six weeks.

The operation followed public outcry over the shooting cases of criminality victimizing both pedestrians and drivers during peak hours of the night.

In a joint operation that was conducted by Commissioner of Police (CP) Moses Kafeero and his deputy ACP. Denis Namuwooza, among other police officers curtail street robbers, Kafeero said over 1,300 suspects were arrested in a single night.

“There were many complaints from the public about these criminals targeting them in traffic jam, Criminals snatch phones, wallets, and other valuables from unsuspecting drivers, pedestrians and passengers. We cannot just look on as residents cry. We are determined to arrest and charge these criminals,” he wrote on the social media page for Kampala Metropolitan Police.

He said some criminals place knives and other rudimentary weapons on pedestrians’ ribs or necks before they force them into building corridors from where they are robbed clean.

With that aid of intelligence, covert and overt operations, CP. Kafeero vowed to wipe criminals out of Kampala.

“Why should a people be threatened, be on tension because of criminals and fear to walk on Kampala streets? We shall slowly deal with these criminals until the city is safe,” he added

Stories Continues after ad

NTV’s Joel Ssenyonyi is telling lies- CP Moses Kafeero

NTV logo

Kampala Metropolitan Police Commander and CP Moses Kabugo Kafeero has refuted all allegations the he vowed to crash NTV’s News anchor Joel Ssenyonyi over his involvement in the protests against the newly introduced social media and mobile money tax.

On Wednesday Police disrupted the procession of activities led by Kyadondo east MP Robert Kyagulanyi aka Bobi Wine, Joel Sssenyonyi, NBS’s investigative journalist Raymond Mujuni as they expressed their distress over social media and mobile money tax.

The group managed to escape police as Bobi Wine’s brother Fred Nyanzi and Raymond Mujuni spent the fruitful time of the day at central police station (CPS).

And yesterday Sssenyonyi said he received call from Kampala Metropolitan Police Commander CP Moses Kafeero, promising to ‘crash him’ because of my involvement in the protest against social media and mobile money tax.

“Nonsense! Away from this undisciplined officer, I will have the latest developments at 9pm on NTV Uganda,” he wrote on his social media.

“That post is a lie and an act of dishonesty, I want to set the record straight, I spoke to him and told him that I was disappointed with him having got involved in an illegal demonstration yet he and all the others know the requirements of the law on demonstrations and public processions,” said CP Moses Kafeero.

He added that for Sssenyonyi to tell a lie and judge me, call me names is unacceptable and regrettable.

Ssenyonyi has hit back saying if he tweeted a lie, in law it’s defamation, an offense.

“So I challenge you to charge me, then the phone record will be produced in court and you will eat your words. When a citizen commits an offense you take them to court not threaten them,” he added.

Stories Continues after ad