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Minister Bahati commends local Accountants

Minister David Bahati addresses journalists at Uganda Media Centre

The State Minister for Finance, David Bahati, has lauded Ugandan Accountants, saying they are very instrumental in resource mobilization, planning and appropriation.

According to Bahati, the ICPAU, which regulates practicing Accountants in the country, provides policy recommendations to government on among other issues, taxation and economic policy. The Minister also noted that there is strong correlation between the increase in the number of professional accountants and the growth of the economy.

“I would like to congratulate ICPAU upon growing and promoting professionalism in accountancy in our country,” Bahati said, today at the Uganda Media Centre as he flagged off activities to commemorate the 25th anniversary of the Institute of Certified Public Accountants of Uganda (ICPAU). The ICPAU Silver Jubilee activities will climax with a gala dinner on September 8, 2017.

Speaking at the same function ICPAU President Dr Protais Begumisa highlighted to the media some of the key achievements of the association during the 25 years of its existence, including graduating over 3000 Accountants since inception in 1992.

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AfDB to invest US$24b in agriculture

AGRICULTURE HOLDS FUTURE FOR AFRICA: Dr Akinwumi Adesina

The African Development Bank (AfDB) has announced it will invest US$24 billion in agriculture as part of its Feed Africa Programme- a strategy for agricultural development in Africa, Dr Akinwum Adesina, the Bank’s president has said.

In a speech Adesina delivered at the 50th anniversary celebration of the International Institute for Tropical Agriculture (IITA) in Ibadan, Nigeria, he said that the goal of the AfDB is to “ensure that Africa feeds itself within ten years, and unlocks the full potential of its agriculture.”

The AfDB boss re-affirmed his conviction that the future millionaires and billionaires of Africa will emerge from the agriculture sector. He said Africa is spending US$35 billion a year importing food, which money he said, should be kept on the continent.

“This is a US$35 billion market that young people can tap into to create new wealth each year. To do that requires totally changing the lenses with which we look at agriculture,” he said, adding that agriculture should now be seen as a business for wealth creation.

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Al-Shabaab kills 12 UPDF soldiers in Somalia

DENIED RAID ON KAYIHURA's HOUSES: UPDF spokesperson Brig. Richard Karemire

The Somali al-Qaeda-linked al Shabaab militants ambushed Somali government troops and the African Union peacekeepers (AMISOM) killing, 12 UPDF soldiers, the UPDF Spokesperson Richard Karemire has confirmed.
“From the battlefield, it is now confirmed that the UPDF lost 12 gallant soldiers with 7 sustaining injuries,” Karemire said, adding that both the dead and injured soldiers have been evacuated to Mogadishu Level II Hospital ‘for further management and treatment’.

Other sources indicate that 24 people, including the UPDF soldiers were killed on Sunday during the fighting, but the Islamist militants put the death toll higher at 39.

Meanwhile, according to Karemire, the Al Shabaab ambushed the soldiers yesterday at Goryowein along Bulumater and Beladamin area of the Lower Shabelle region, about 140 km (85 miles) southwest of Mogadishu.
Karemire said the UPDF Contingent Commander Brig. Kayanja Muhanga is on the ground in the same place to conduct counter operations. Uganda last sent a new UPDF contingent this month.
The UPDF spokesman says a board of inquiry is being constituted to establish the circumstances leading to the fateful incident.

“The same board of inquiry will help in expediting the compensation process by the African Union in respect of the deceased who gave their lives in defence of mother Africa,” Karemire said in an update.
The Uganda army is yet to release the names of the dead UPDF soldiers but Karemire said the force’s office of Chief of Personnel and Administration (CPA) is contacting relatives of the deceased and the injured to inform them of the developments. He said arrangements are being made to transport the deceased to their ancestral homes for burial, though he didn’t specify the exact date this would take place.
In their brutal attacks, the al Shabaab terrorists want to force out the peacekeepers, oust the Western-backed government and impose its strict interpretation of Islam in Somalia.
In June, the Islamist militant group that controls parts of Somalia, stormed an army base, killing up to 70 people and wounding dozens more.
Somalia remains one of the most fragile states in the world. It is vulnerable to terrorism and criminal entities, activities and enterprises    as    well    as    crippling    food insecurity  and  displaced  persons.
The AMISOM and United Nations Assistance Mission in Somalia update done in April indicates that Uganda is the largest contributor of the 22,126 uniformed personnel in Somalia, with 6,223 men and officers.

Uganda is followed by  Burundi (5,432 ); Ethiopia (4,395); Kenya (3,664 ); Djibouti (1000) and Sierra Leone (850).

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Thousands of SACCO loan defaulters face arrest

President Museveni address resident of Greater Kisozi in Gomba District

Thousands of people who borrowed money from Savings and Credit Cooperative Organizations (SACCOs) face arrest if they fail to honour their repayment obligations.

According to President Yoweri Museveni, people who fail to pay back SACCO loans or cows and goats from the Wealth Creation projects should be held accountable in accordance with the law.
“Laws should be enforced on those people who fail to pay back SACCO loans or those who take cows and goats from the Wealth Creation Projects and fail to bring back a calf or ‘Empaano’ to be passed on to the next beneficiary,” he said.
The President, who was accompanied by the First Lady and Minister of Education and Sports, Janet Museveni, made the remarks while addressing the people of Greater Kisozi  at Kisozi Primary School ground in Gomba district.

Mr. Museveni said that the projects were started to assist communities for income generation, food security and home improvement in order to speed up the rural transformation as a way of fighting poverty in the country.
Museveni said the Greater Kisozi area now has improved roads, schools, hygiene and food and advised them to put more effort on households’ income generation.

The President commended the Poverty Alleviation Department in State House for using the Model Parish strategy where famers are given better yielding seeds following its  five pillars namely; income generation, food security, home improvement on sanitation and hygiene, value addition and marketing, savings and credit, to fight poverty in the district.
“I thank my office, Department of Poverty Alleviation for the work they have done in this district because all the nine villages in this district have got food and sanitation is good. I am happy to hear that only 439 households out of 1696 have not got ‘empaano’. We shall provide them with one,” he said

President Museveni also said that the government will work on water issues in the district and extend electricity to village level to enable farmers add value to maize and coffee. He also revealed that he will provide them with milling machines. He commended the best farmers in each village and promised an irrigation project scheme to be extended to their farms.

In her speech the First Lady advised the people of Uganda to learn how to save so that they are able to support themselves. She added that more schools, teachers’ quarters and toilets will be built in Gomba district.

The State Minister for Water, Ronald Kibuule, said government will use solar power pumps to provide water in villages as well as dams, adding that clean water will be pumped from River Katonga.

The area LC1 Chairman, John Lule, thanked the government for all the initiatives on fighting poverty in his village and the district of Gomba at large. He testified that banana farming has drastically improved food security, transformed the lives of the people living in his area, and that his annual income from the crop is Shs.18 million per year. He, therefore, advised people to embrace the government projects of Wealth Creation and model strategy.

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US Senators want South Sudanese diplomats in Washington expelled

DECLARED THREE DAYS OF NATIONAL MOURNING: President Salva Kiir

Panelists testifying at a Senate subcommittee hearing this week strongly suggested a major US policy shift on South Sudan, with one expert saying expelling the war-torn country’s diplomats is the kind of bold action needed if Washington wants to send a clear message to Juba.

Only three of the nine members of the Senate Foreign Relations subcommittee on Africa showed up for the hearing. A perturbed Senator Cory Booker, a Democrat from New Jersey, noted the lack of White House and State Department officials present at Wednesday’s hearing.

“It’s my perspective that every month we wait for this administration to craft a policy and a strategy to deal with this issue is an absence of American leadership,” Booker said.

Booker added that the monthlong congressional recess starting soon will further exacerbate efforts to address the political, economic and humanitarian chaos in South Sudan.

Booker also noted that key US diplomatic positions remain vacant, such as assistant secretary of state for African affairs, and a US special envoy for Sudan and South Sudan.

Aly Verjee, a visiting expert at the United States Institute of Peace, agreed.

“The US ambassador in Juba [Mary Catherine Phee] is the senior official. And everybody knows that whatever she says does not come with any support of this administration because of the absences. She can say the United States does not accept this cease-fire violation and she can say that you must implement the peace agreement, but everybody in South Sudan knows there is nothing that backs her up,” Verjee said.

Joshua Meservey, a senior policy analyst for Africa and the Middle East at the Heritage Foundation in Washington, said aggressive symbolic gestures like expelling South Sudanese diplomats from the United States could send a strong message to Juba and challenge President Salva Kiir’s leadership.

“The Kiir regime, every time it sits across the table from a diplomat from the United States or Europe, derives a certain amount of legitimacy. No matter the statements we put out to the contrary, the mere fact that we speak to him and treat him as if he is part of the solution suggests that he is part of the solution. He is not. He is a profound part of the problem,” Meservey said.

Payton Knopf, coordinator for the South Sudan Senior Working Group at the United States Institute of Peace, said the Kiir administration is unquestionably an illegitimate regime.

But Gordon Buay, deputy head of mission at the South Sudan Embassy in Washington, who attended the hearing, dismissed all statements questioning Kiir’s legitimacy.

“For somebody to say that President Salva Kiir, who was elected with 98 percent of vote of the people of South Sudan, is not legitimate, that person is from another planet,” Buay said.

The ongoing conflict has had dramatic consequences on South Sudan’s humanitarian situation. The United Nations Office for the Coordination of Humanitarian Affairs asked for $1.6 billion for its response plan in South Sudan. Fifty-four percent of that amount has been met to assist in what has been called the world’s fastest-growing refugee crisis.

 

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South Sudan armed factions in heavy fighting

Troops loyal to former Vice President Riek Machar have engaged the SPLA in Pagak town.

Heavy fighting between South Sudan’s warring factions has erupted in Upper Nile’s historic city, Maiwut, forcing civilians to flee their homes, both rebel and government military officials have said.

The disclosure comes as both factions claim control of Maiwut, with government forces saying they have captured the town and that they are heading towards the rebel headquarters, Pagak.

A senior military officer who prefers anonymity at Bilpham headquarters in Juba said the national army (SPLA) is now in full control of Maiwut.

“The rebels of Riek Machar are dislodged from Maiwut. Maiwut is now under our full control,” the officer said from Juba.

However, SPLA-IO 5th Division Commander Maj. General Khor Chuol Giet downplays government’s claim, saying some Juba-backed soldiers were instructed to go to Maiwut through bushes and declared its capture.

“We were in the middle of fighting with government forces around Wichluakjak when they suddenly surprised civilians in the city. We are fully aware of the situation. Our unit in Maiwut is engaging them,” Maj. Gen. Khor said.

He asserted that capturing Maiwut will never bring peace, adding that the armed opposition is prepared to wage what he described as ‘an all-out war’ in Upper Nile and warned of ‘second Somalia in East Africa’.

The South Sudan News Agency has also learned through a confidential source that the First Vice President Taban Deng Gai is not happy about the recent news about the revitalization of the August 2015 peace agreement.

Gai wants the government to control both Maiwut and Pagak so that he can tell the international community that he is now in full control of the SPLM/A-IO, according to the source.

But a senior rebel official calls Gai’s plan ‘desperate’.

“This is a desperate move by Taban. His dream to become the leader of the SPLM/A-IO will not happen,” Simon Keah Yiey said.

“Taban should know that Bentiu has been under government control for at least a year and yet no peace has been achieved,” he explained.

Attempts by the South Sudan News Agency to reach the office of the SPLA-IO Spokesman Brig. Gen. William Gatjiath Deng went unanswered.

 

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Africa Gold Cup: Namibia face Kenya in title decisive match

Players struggle for the ball when the Namibian side played against the Uganda Rugby Cranes

The six-week Rugby tournament will come to an end on August 5 but the winner will be crowned tomorrow after a match between African giants Namibia and Kenya Simbas, when they lock horns in Windhoek, Namibia.

The Rugby Africa Gold Cup will be on the line on Saturday when the only two unbeaten teams in the competition meet in their final match of this year’s Gold Cup competition.

Namibia have had a successful campaign, winning all their matches by bonus points to lead the log on 20 points, while Kenya are second on 16 points after three wins and a draw.

Namibia thrashed Senegal 95-0 in their first game, beat Tunisia 53-7 and struggled to overcome a committed Zimbabwe 31-26 in Windhoek two weeks ago.

Kenya first drew 33-33 in a stalemate against Uganda on June 24, and then went on a winning streak beating Tunisia 100-10, Senegal 45-25 and Zimbabwe 41-22.

Namibia needs a draw to retain the title for the fourth year in a row, while Kenya have to beat Namibia by a bonus point to reclaim the trophy they last won in 2013.

The Africa Gold Cup comes to an end on Saturday August 5 when Uganda host Zimbabwe and Senegal travel to Tunisia.

The Africa Gold Cup serves as 2019 World Cup qualifiers. It features Namibia, Kenya, Senegal, Tunisia, Zambia and Zimbabwe with the winner not only being crowned Gold Cup champions but also qualifying for the World Cup.

The 2019 Rugby World Cup takes place in Japan from September 20th to November 2nd and will be played across 12 venues.

Namibia Welwitschias look favorites to win this year’s edition, after the Southern Africans brought to an end Uganda’s hopes of winning the Africa Gold Cup when latter lost 48-24 in Kampala last weekend.

 

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Fuel scare as Ugandans brace for aftermath of Kenyan elections

Vehicles refueling at a Total fuel outlet.

Ugandans are praying that the presidential elections in Kenya next month will end peacefully to allow the country have a steady supply of cheaper fuel from refineries and storage facilities in Kenya.

According to some Ugandans, there is fear that chaos that erupted in Kenya in 2007 and 2013 following disputed presidential elections could resurface to haunt the country economically through increased prices of goods and services.

“The chaos that arose in the last two general elections in Kenya affected Uganda’s fuel imports which led to the rise in prices of goods and services,” said an economist in Kampala, warning government and private players to be on the alert and ensure that the country has sufficient fuel reserves.

The public concern comes after the Energy Minister Eng. Irene Muloni told Parliament that government has only 30 million litres of fuel in its storage facilities at Jinja in eastern Uganda.

However, the Minister said that private players currently have 54 million litres of fuel in store and that the government would add 30 million more litres of fuel in readiness for the upcoming Kenyan elections, slated for August 8.

She however, noted that the 84 million litres of fuel can only take 16 days, leaving the country in a crisis in case no more supplies arrive in time.

Some of the private companies that import fuel into Uganda include among others Vivo Energy, Petrocity, Delta Petroleum, Total and City Oil, and by press time it was not clear whether the companies had placed more orders in relation to the Kenyan electoral process.

Meanwhile, according to Minister Muloni, the average fuel prices in Uganda today compare fairly with the prices in Kenya, Tanzania and Rwanda. On average, she said, a litre of diesel, petrol and kerosene goes for Ushs3, 000, Ush3, 600 and Ush2, 600, respectively.

‘Fuel price fluctuations in Uganda arise out of the cost of crude oil on the international market, transportation costs and the unstable currency exchange rates,’ Minister Muloni said in the statement to Parliament.

In the region, on average a litre of petrol in key selected regions in Kenya costs Ksh100.225. In Tanzania and Rwanda a litre of the same costs Tzsh2, 014 and Rwf985. A unit of each of the currencies of Kenya, Tanzania and Rwanda is equal to Ush34.90, Ush1.6 and Ush4.4, respectively.

The fuel imported in Uganda in various forms finds its use in sectors such as transportation, industry, energy, government. Also, the fact that most Ugandan households are not connected to the national electricity grid, kerosene is an important source of lighting.

Muloni says, for these purposes, her ministry has plans to ensure the availability of the fuel through Tanzania should the Kenyan election become marred by the violence.

“We are ready to continue doing everything possible to ensure a steady supply of petroleum products to the country,” she told the MPs, majority of them represent constituencies in rural Uganda which are characterised with darkness when night falls.

In a related development some economic analysts have said that in case of scarcity the government fuel reserves mainly serve key government agencies. As a result, they are urging the private importers to bring in more fuel.

Uganda mainly imports fuel in the form of petrol, diesel and keresone, through Mombasa port which is 1,200 kilometres away compared to the Dar es salaam port in Tanzania, 1,600 kilometres away, with the former bringing in cheaper fuel at Shs85 lower per litre.

 

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PM Rugunda calls for amplified ICT innovations in EA region

Prime Minister Dr. Ruhakana Rugunda arriving for the 22nd EACO Congress at the Silver Springs Hotel in Bugolobi

Prime Minister Dr. Ruhakana Rugunda has called for the lowering of information and communication tariffs in East Africa, saying that would help improve ICT innovations like Mobile Money.

Addressing delegates at the22nd East African Communications Organization (EACO) Congress at Silver Springs Hotel in Bugolobi, Dr. Rugunda said the Mobile Money application, an innovation by a Kenyan national, was a source of pride for all the citizens of East Africa.

“I am very well informed that the mobile money application was developed in Kenya; we as East Africans should be very proud of this,” Dr. Rugunda said at the Congress that is being held under the theme: ‘Promoting Information, Communication and Technology through Local Content Development’.

He urged the Bank of Uganda (BoU) and the Uganda Communications Commission (UCC) to develop mobile money transaction guidelines, and also commended the collaborative efforts of the EA partner states in maintaining cyber security, noting that technology underpins unprecedented development in any given country.

“We now look back with satisfaction that we set up a solid foundation of the ICT sector and we strive for it to achieve more,” Dr. Rugunda said, adding that ICT will spur development in other key sectors.

Speaking at the Congress, the Minister of Information and Communication Technology Frank Tumwebaze, disclosed that his ministry is striving to ensure that other sectors understand how ICT can simplify their work.

The East African Communications Organization (EACO) provides a platform for East African member states to share their best practices and innovations as far as information, communication and technology is concerned.

 

 

 

 

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Museveni holds talks with Kenya SportPesa delegation

President Museveni receiving an Everton replica jersey from SportPesa CEO Ronald Karauri. Photo Credit Capital FM Nairobi.

President Yoweri Museveni on Friday hosted a delegation from betting firm SportPesa at State House, Entebbe as the gaming giants inched closer to extending their operations in Uganda.

The SportPesa officials were joined in the meeting by the country’s State Minister for Youth Nakiwala Kiyingi, Federation of Uganda Football Associations (FUFA) President, Moses Magongo and other leaders where the parties discussed sports development and regulation of the country’s gaming industry.

“The group seeks to help the government empower the youth through football and increase revenue by strictly regulating betting,” President Museveni said.

SportPesa CEOs, Ronald Karauri (Kenya) and Pavel Slavkov (Tanzania) as well as Abass Tarimba, SportPesa Tanzania Director of Administration were invited to Uganda and presented to the Head of State a signed English Premier League Everton jersey.

“I thank them for my gift of a ball and a shirt autographed by the Everton manager, Ronald Koeman,” President Museveni added.

“The meeting was successful as we took another key step towards bringing SportPesa to Uganda,” said Nakiwala, who led a Ugandan government team to visit SportPesa headquarters in Nairobi last Friday (July 21) to lay ground for the State House Entebbe meeting, added.

Besides opening their doors for the SportsPesa sport gaming business and investment in sport, the Ugandan Government is also seeking to partner with the firm to regulate the industry as it seeks to change its legislation to accommodate its entry.

The country has been grappling with loss of revenue due to the proliferation of betting shops that seem to evade paying taxes.

“We discussed their issues in the gaming industry which they have tried to deal with by imposing heavy taxation to no avail and how  we can support sports including having Ugandan teams in the SportsPesa Super Cup if we were in the country,” Karauri underscored.

“With good online gaming regulation, the government will earn revenue which can be used to empower the youth so that they can stop spending their days in sport betting kiosks and grow to engage in meaningful activity,” Karauri added.

“We support the coming of SportPesa to Uganda because funding in sport can only be successful if it is driven by the private sector. If you look at the English Premier League, gaming is the number one source of this support, “FUFA boss Magongo remarked.

 

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