Stanbic Bank
Stanbic Bank
18.8 C
Kampala
Stanbic Bank
Stanbic Bank
Home Blog Page 2301

Basic communication is important for the populace

Information is power, or so the adage goes. One of the cardinal benefits of democracy and good governance is the ability for any citizen to freely participate in the affairs and activities of his/her country and this should obtain in a situation where there is freedom of speech, association and the freedom to think or imagine, otherwise called creativity. These are all tools of human endeavor and that is why they should be respected by all and sundry because they lead to an ‘informed society’.

Indeed, in a situation where you have an informed society, the people make tangible and sustained decisions regarding their political, social and economic lives, in essence reflecting on their destiny and that of generations to come.
This is the very reason why countries like the USA boast of being Independent for over 200 years; the citizens there share the verve of dignified continuity of their country. However, in most third World countries, much as we have the verve, we seem to lack sound thoughtfulness on how to achieve that desired goal. Normally, there should be consistent platforms for explaining the methods that can lead to the realization of national objectives and individual aspirations. This inevitably raises the critical issue of the citizens’ need to know and official communication.
It should be noted that in the wake of the death of General Aronda Nyakairima, the state officials charged with making communication to the satisfaction of the populace seeming displayed lack of coordination. This is not good as all sorts of speculation are flying around.
Indeed, Government hires communications experts for all its ministries, statutory bodies and agencies and these should endeavor to ensure that they plug any information vacuums with true, accurate and timely information, and in the process help the citizens to make informed decisions and utterances.
However, if the task becomes onerous, at times it is imperative for the experts from the different line institutions to meet first and only talk after harmonizing a position.
Stories Continues after ad

EAC SG receives Swiss, Turkish envoys

The Swiss Ambassador to the EAC Arthur Mattli (left) confers with the EAC Secretary General, Dr Richard Sezibera, after the envoy presented his credentials to the Secretary General.
The East African Community Secretary General Dr Richard Sezibera, received credentials from the Ambassador and Representative of Switzerland to the EAC, Mr. Arthur Mattli.
Speaking at the function, Amb Mattli said his government is committed to deepening its cooperation with the EAC and urged the regional body collaborate with Switzerland in the area of vocational training which he noted has been his country’s key to economic growth.
“Switzerland’s secret to economic growth is vocational training. We have the smallest country in Europe which is also the least populated and the lowest education per capita in terms of university graduates in Europe. However, we have the highest level of patents and innovations.
 The Swiss Ambassador to the EAC Arthur Mattli (left) confers with the EAC Secretary General, Dr Richard Sezibera, after the envoy presented his credentials to the Secretary General.
The Swiss Ambassador to the EAC Arthur Mattli (left) confers with the EAC Secretary General, Dr Richard Sezibera, after the envoy presented his credentials to the Secretary General.

This shows that you need not have the highest number of university graduates in order to innovate,” Amb Mattli said.
Amb. Mattli said that vocational training in Switzerland is through public-private partnerships, adding that education must be meaningful to any economy.
 “Lessons must be practical so innovations start very early. Investors want skilled people, not just people entering the job market,” he said, adding that for vocation training to be taken seriously, artisans must be given as much respect as highly educated people.
He also noted that the EAC had made significant achievements including promoting regional trade and infrastructure development, adding that Switzerland was keen on providing support to drive the integration process forward. The Swiss envoy said his country was following the integration process closely and urged the EAC to engage the youth in their projects so that they can embrace the idea of regional integration.
 
 
 In his remarks, Amb. Dr. Sezibera said the youth were a critical target for the EAC and disclosed that the Community had appointed youth ambassadors who were doing an excellent job promoting the integration process.
 
The SG said the Community’s Education Department was currently working on framework for vocational training in the region which would address issues of training, qualifications and certification.
 
He, however, expressed concern that most Partner States had moved away from vocational training towards university education which is more academic rather than being practical.
 
Dr Sezibera urged Switzerland to consider supporting the EAC through the Partnership Fund, a basket fund which he said had enabled the Community to make significant achievements in various sectors.
 
The Secretary General also called for Swiss support in upcoming negotiations between the EAC and the European Free Trade Area.
 
Meanwhile, the EAC Secretary General also received credentials from the Turkish Ambassador, Ms Yasemin Eralp, at the EAC Headquarters in Arusha, Tanzania.
 
Present at the function were EAC Deputy Secretaries General, Dr Enos Bukuku (Planning and Infrastructure) and Mr Liberat Mfumukeko ( Finance and Administration), and Mr Peter Kiguta, Director-General (Customs and Trade).
Stories Continues after ad

SMEs in US$5000 competition

AFIF 2014 Project Incubator Award winner: Magloire N’Dakon awarded the prize for his innovative project, Extended Finance (Ivory Coast)
One existing small or medium size enterprise in Africa will receive a US$5.000 cash prize in a bid to encourage innovation and entrepreneurship on the continent.
Under the Africa Finance and Investment Forum (AFIF) Entrepreneurship Award 2015, the award package will also include yearlong media promotion support in and out of Africa, free AFIF 2015 participation, including the Training Workshop and travel expenses to the AFIF 2015 covered by EMRC.
AFIF 2014 Project Incubator Award winner: Magloire N’Dakon awarded the prize for his innovative project, Extended Finance (Ivory Coast)
AFIF 2014 Project Incubator Award winner: Magloire N’Dakon awarded the prize for his innovative project, Extended Finance (Ivory Coast)
AFIF 2015, entitled ‘Access to Finance & Entrepreneurship’ is organized in collaboration with the European Investment Bank (EIB); the German Development Finance Institution (DEG) in partnership with Agri Academy; ECOWAS-TEN, Pfizer, Rabobank, BlueCloud, Islamic Corporation for the Development (ICD) of the Private Sector; IFC World Bank (IFC) among others.  
The forum will be held in Cape Town, South Africa, from November 24 to 26, 2015and ‘brings to the table financiers who are looking to find real projects, investment opportunities and long-term partnerships. There is a spirit to get things done which is demonstrated through the B2B sessions, tailor-made one-on-one sessions, which are organized throughout the forum. A pre-forum training workshop, will also offer participants professional coaching on how to set up a business plan and target the appropriate funding,’ a release states.
“This year we are boosting the Award, by offering the chance to all those remarkable entrepreneurs based in Africa to submit their business project. We are facilitating their presence which in turn will ensure that SMEs are strongly represented at the event,” Inês Bastos, EMRC Senior Project Manager, said.
“Nothing beats sharing your achievements and your vision to like-minded people who could become eventual partners or investors,” Bastos adds.
The award has previously been won by a unique group of African entrepreneurs which include Magloire N’Dakon (2014) awarded the prize for his innovative project, Extended Finance in Ivory Coast; Marie-Claire Matamba (2013) head of Agrimat Gabon; Anastácio Roque representing CESACOPA (2012) from Angola; Suzanne Belemtougri (2011) head of Sophavet and hailing from Burkina Faso as well as Derek Kwesiga (2009) head of Derekorp from Uganda.
“Participating in the Award brought me visibility. A visibility which is rather exceptional because I presented the project to an assembly full of investors and business people who work with and in Africa. I told myself I had to jump on this occasion in particular because I really believe in my project and I worked hard to make it what is today”, 2014 winner Magloire N’Dakon says.
With an expected 300 people from all over the world, the three-day event will see North & South policymakers, investors and private sector entrepreneurs discuss and find practical business solutions.
Stories Continues after ad

Four months for review of Rwanda Constitution

The recently-sworn in members of Rwanda’s Constitution Review Commission have four months to accomplish their tasks, including among others, deliberating on Article 101 of the Constitution, which obliges the President of Rwanda to serve a maximum of two seven-year terms.
According to their terms, the seven Commissioners are supposed to guide the Rwanda Parliament on the legalities involved in amending the Constitution that was promulgated in 2003, with a view of making amendments of some laws which may since then have become outdated.
The Rwanda CRC is headed by Dr Augustine Iyamulemye, a former Minister, assisted by Commissioners Dr Usta Kayitesi (vice chairperson), John Milenge, Aimable Havugiyaremye, Evode Uwizeyimana, Loice Bawmine and Beata Mukeshimana.
Early this year, several Rwandans petitioned Parliament to amend the Constitution to allow for the removal of term limits, something observers say is aimed at paving the way for incumbent President Paul Kagame to serve another possible seven-year term after his two terms end in 2017.
Consequently, members of both the lower and upper chambers of Parliament went on a nation-wide consultation campaign, and all returned with almost a similar verdict: the Constitution must be amended to remove term limits and allow Kagame to continue as President.
However, the move has been castigated by some members of the international community led by the US, which has openly spoken out against particularly changing Article 101 of the Rwanda Constitution.
Locally, the proposal to amend the Constitution has been contested by a few people and political organisations among them an opposition outfit, the Democratic Green Party of Rwanda, which has challenged the legality of the amendment of Article 101 in the Supreme Court.  
Kagame became President of Rwanda in 2000, through a process initiated by Parliament which had impeached then President Pasteur Bizimungu. In 2003 Kagame was elected President by adult suffrage to serve his first seven-year term, and was again re-elected in 2010 to serve a second seven-year term, one that comes to an end in August 2017.
Stories Continues after ad

Wenger likely to use ‘second-string players’ against Dynamo Zagreb

HEADED FOR REAL MADRID? Arsenal Manager Arsene Wenger.

 

Hard times for Arsene Wenger.
Hard times for Arsene Wenger.

Wednesday
Dynamo Zagreb Vs Arsenal Stadion Maksimir at 9:45pm. 

After finishing third last season in the English premier league and avoiding Champions League play offs, Arsenal are in Group F alongside Dynamo Zagreb, Olympiakos and former champions Bayern Munich.

In today’s match against Zagreb, Arsenal manager Arsene Wenger is likely to feature a ‘weak’ side in Croatia, considering he faces a
strong opponent at the weekend in names of Chelsea.
The North London team is still riding high following a 2-0 win over Stoke City last Saturday, and will be keen to maintain a clean sheet
against Zagreb at home in Croatia.
In the last three matches played in all competitions, Dynamo Zagreb has scored 11 goals and conceded only one goal, while Arsenal sits
fourth with 10 points from five games in the English Premier League. Likely starters likely to be rested include Hector Bellerin, Nacho
Monreal, Santi Carzola, Mesut Ozil and Coquelin. But Per Mertesacker,who has been out with a virus is expected on the pitch alongside Skipper Mikel Arteta, goalkeeper Peter Cech, Gabriel Paulista, Laurent Koscielny, Theo James Walcott, Alex Oxlade Chamberlain, Mathieu Debuchy, Olivier Giroud, Kieran Gibbs, and Alexis Sanchez.Danny Wellbeck, Thomas Rosicky and Jack Welshere still out injured.
Arsenal last met dynamo in 2006 and the gunners won in Croatia. Meanwhile, in the other games tonight, Porto goal keeper Iker Casillas is set to make a record equaling 151st Champions League appearance when his team faces Dynamo Kiev in a Group G opener in Ukraine.

The 34-year old Spanish who left Real Madrid in the summer will match the record number set by former Barcelona captain hernandez Xavi Creus at Olimpiyskiy Stadium in Ukraine.

CL fixtures at 9:45pm tonight.
Bayern Leverkusen Vs Bate Borisov
Roma Vs Barcelona
Chelsea Vs Maccabi Tel Aviv
Valencia Vs Zenit St Petersburg
Gent Vs Lyon

 

Stories Continues after ad

Luke Shaw out, ManU suffer defeat

Luke Shaw’s injury is a big set back to England Coach Roy Hogson’s preparations for 2016 Euro finals in France.
Luke Shaw’s injury is a big set back to England Coach Roy Hogson’s preparations for 2016 Euro finals in France.
Luke Shaw’s injury is a big set back to England Coach Roy Hogson’s preparations for 2016 Euro finals in France.

PSV 2-1 Manchester United
After a season long absence from the Champions League, Manchester United suffered their first defeat at the hands of PSV Eindhoven, a 2-0 loss with a goal that cancelled Memphis Depay’s lead strike in the 41st  minute coming from Hector Moreno in the 46th minute goal.
Then in the 56th minute Luciano Narsingh latched onto a Maxima Lesteinne cross for a second goal, earning PSV all three points.
In the game ManU left back and England international Luke Shaw suffered a broken right foot after colliding with Moreno in the 26th
minute in a match played at Phillips Stadion.

The defeat left Louis van Gaal’s Red Devils in third place of Group A, just behind PSV Eindhoven and Wolfsburg, who earlier in the opening game won against CSKA Moscow.

Meanwhile, Luke Shaw’s injury is a big set back to England Coach Roy Hogson’s preparations for 2016 Euro finals in France.

 In other games played:
Manchester City were beaten 2-1 by Italian and ‘vice champions’
Juventus at Eithad Stadium, with Giorgio Chielline scoring an own goal against Juve in the 57th minute. But the joy was short-lived as newly acquired Mario Mandzukic and brilliant Alvaro Morata scored for Juve.
Real Madrid walloped Shakhtar Donesky by 4-0 at Santiago Bernabeu in Spain with Ronaldo getting a hat trick in the second half after Karim
Benzema’s first half strike. The Ronaldo hat trick has now made him
the highest Champion’s League scorer with 80 goals against Messi’s 77.

Benfica 2-0 Estana
Garatasaray 0-2 Atletico Madrid
PSG 2-0 Malmo
Sevilla 3-0 M’ngladbach
Wolfsburg 1-0 CSKA Moscow

Stories Continues after ad

Jo’burg to host Africa securities exchange conference

ASEA President Oscar Onyema
ASEA President Oscar Onyema
ASEA President Oscar Onyema

The Johannesburg Stock Exchange (JSE) will host the African Securities Exchanges Associations (ASEA) conference, a premier association of 25 securities exchanges, from November 15-17.
The theme of the conference is ‘Africa Evermore: Growth for
sustainability’ and it will underline Africa’s capital markets as stable, have huge potential and growing.
ASEA President Oscar Onyema said the conference that will bring
together 25 security exchanges, will promote greater interconnection.
“The conference will be another step in establishing the sustainable
development of African capital markets, finding ways to facilitate and
increase market access at the regional level,” Onyema said.
The conference will bring together major players in the African
capital markets, including listed companies, trading participants,
regulators, government representatives, technology providers, legal
advisors, and institutional investors from Africa, Europe, and Asia.
‘The discussion topics will focus on themes relevant to Africa and
will provide an ideal opportunity to network and exchange information
with industry leaders from across the continent,’ a release by the
Africa Press Organisation (APO), states.
It adds: ‘Over the last ten years, the continent has posted steady
growth, standing up to the impact of global shocks and becoming an
investment destination of choice. Capital markets have been the key
drivers of this economic transformation and they continue to play a
central role in Africa’s growth story’.

ASEA Executive Committee Member Zeona Jacobs, Director of Marketing and Corporate Affairs at the JSE said: “By hosting this event, the JSE will serve to further position Africa as a serious global contender in the financial services and securities exchange sector.”

Stories Continues after ad

Gen. Aronda’s body finally home

 

Gen. Aronda's body at Entebbe

The body of the fallen Minister of Internal Affairs General Robert
Aronda Nyakairima has been brought home aboard Emirates Airlines
Flight A330 from Dubai.
The plane touched the tarmac at Entebbe International Airport at
exactly 2pm, it arrival sending the grieving relatives and friends
into bouts of uncontrollable sobs and moans.
Gen. Aronda, 56, died of suspected cardiac arrest on Saturday,
Sept 12, as he traveled to Dubai from South Korea, where he had gone on official duty.
Ugandans will hold prayers for the deceased General at Kololo
Ceremonial Grounds tomorrow, before the body is taken to lie in state
in Parliament, where his colleagues will pay their last respect to the
former Chief of Defence Forces (CDF) and Army Member of Parliament.
Later the body will be transported to the deceased’s ancestral home in
Rukungiri, where a state funeral will take place. Gen. Aronda
Nyakairima is survived by a widow, Linda Kahoza Nyakairima and two
children.

The body was received by his colleagues in the army led by CDF, Gen. Katumba Wamala, Lt. Gen. Ivan Koreta, Lt. Gen. Henry Tumukunde, and Gen. Elly Tumwine. Others included Inspector General of Police (IGP) Gen.Kale Kayihura and the Commissioner General of Prisons Dr. Johnson Byabasaija.

 

Generals at entebbe

Brief personal history
Born in 1959, Gen. Aronda Nyakarima joined the National Resistance Army
in 1981, soon after leaving Makerere, where he studied Political
Science.
In 1986, after the fall of Kampala Aronda, then a Junior Officer One
(JO1) worked as an Intelligence Officer based at the Central Police
Station in Kampala. He served in various high-profile positions in the
UPDF including in the Presidential Protection Unit (PPU) and as
Commander Division 4 before he was appointed Army Commander in 2003 and later appointed Chief of Defence Forces (CDF).

He has also represented the UPDF in Parliament since 1996 and was named Minister for Internal Affairs in 2013.

Stories Continues after ad

12 Great meal deals on Hellofood this week

We have all heard about the importance of saving and how eating or food is the one aspect of life no one can dodge.  Hellofood Uganda brings you six food deals to take advantage of: Ready to dig in?

  1. TheLUNCH CORNER:It offers delicious local dishes – stews and vegetables served with a choice of matooke, rice, yams, cassava, Irish & sweet potatoes and posho. Food is delivered in 45 minutes and it is exclusively on hellofood, Monday to Friday Midday till 4.00 PM.

hellofood-696x347

MONDAY

2.Cayenne:Today and every Monday buy any pizza and get a Magheritta FREE before 5.00pm. With such a deal, some might eat pizza for Breakfast, lunch and Dinner.

  1. Mr. Tasty:Buy Chicken Tikka or Veggie Lover Pizza and get a small Pizza FREE

TUESDAY

  1. PIZZA ROYALE:

Order 1 PeriPeri Chicken, Veg, Margherita, Regina, BBQ steak or Pepperoni Pizza and get 1 FREE

  1. TAMARAI:Buy any Curry and get a FREE small rice portion,

WENDESDAY

  1. MANGO GROVE: Order at any time on Wednesday and get 50%OFF all burgers
  1. PONNUS RESTAURANT: Buy 1 Pizza and get 1 free pizza to share with friends and family

THURSDAY

  1. ANTONIO’S RESTAURANT: Buy a large Pizza and get a small Pizza for FREE
  1. IL PARADISO: Order 2 Pizzas and get 1 free, serves till 6 PM

 FRIDAY

  1. MEZA GASTRONOMY: Buy Two Burgers and get one free
  1. DORMANS COFFEE: Order any large Pizza and get a small Pizza for FREE

For those that would like to take advantage of these amazing deals, or to see what else HelloFood has to offer, orders can be placed online at www.hellofood.ug or through the hellofood app, which is available for free on Android, iOS, Blackberry, and Windows Phone devices.

Stories Continues after ad

Museveni, Bashir discuss regional security

President Yoweri Museveni and his Sudanese counterpart Omar Al Bashir have held bilateral talks, majorly focusing on security, trade and boosting bilateral relations.
The two discussed the ongoing peace negotiations in South Sudan and agreed that their countries have a crucial role in resolving the
conflict by contributing to the stability of South Sudan.
President Museveni, who is on a two-day visit at the invitation of Bashir told his counterpart that Uganda is now peaceful and on the
road to economic development. On his part Bashir briefed the President on the political situation in

sudan11
Sudan and said both Uganda and Sudan have a lot of things that bind them together. The government of Sudan seeks to open a new chapter with Uganda in improving their bilateral cooperation and joint efforts with regard to regional and international efforts in solving the conflict between South Sudan factions.
The two leaders also discussed other areas of cooperation especially trade and exchange of goods. President Museveni, who was later hosted to a State Dinner at the Presidential Palace, is accompanied by the Minister for Gender, Labour and Social Development Muruli Mukasa, the Minister of State for Foreign Affairs (Regional Affairs) Mateke Philemon and Uganda security
officials.

Previously, Uganda and Sudan have been at loggerheads, with both their leaders accusing each other of supporting rebels fighting their respective governments.
In the case of Uganda, president Museveni accused Bashir of supporting the Lord’s Resistance Army (LRA), while Bashir accused Mr Museveni of supporting the Sudan People’s Liberation Movement (SPLM).

But now the guns have gone silent, with the LRA fleeing from its operation areas in north and north eastern Uganda to the Central Africa Republic while the SPLM managed to secede from The Sudan in January 2011.
The developments, observers say, could have eased the mistrust between the two leaders, paving the way for a Museveni visit, the first in over 25 years.

Stories Continues after ad