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The Royal Ascot Goat Races back at Speke Resort Munyonoyo

Goats racing in Munyonyo at a previous event.

This year all roads in Kampala and surrounding areas will lead to Speke Resort Munyonyo for the exciting Royal Ascot Goat Races organised by the Ruparelia Group in October.

According to the organisers, the Royal Ascot Goat Races is an annual charity event held at Speke Resort, Munyonyo, since 1993.  The event is based on the Royal Ascot Races with a Ugandan twist. Similar to the Royal Ascot horse races, there is as much emphasis on fashion, in particular unusual hats with prizes awarded to the best dressed couple, man, woman, and child.

Along with goat races, there are hospitality, food huts, Champagne bars, beer gardens as well as kids’ activities. Unlike other day festivals The Royal Ascot Goat races is a great networking environment and prides itself on creating a great family day.

The Royal Ascot Goat Races takes Place at a luxurious 90-acre resort on the shores of Lake Victoria, just 12 kilometres frm from Kampala City centre Kampala.

Everyone and anyone is welcome to be part of the Royal Ascot Goat Races! There are plenty of exciting opportunities to sponsor, collaborate and get involved, from Buying a goat to managing an activity tent!

Buying a goat

As a participant, you have a chance to buy a goat as an individual or on behalf of your company and participate in any one or all the races.  There are 10 races over the course of the day, and 10 goats per race. This is open to all. Goat Owners get to name their goat, and support your goat from the track arena, and get Two tickets to enter the races and to get into Owners Tent, the most sought for hospitality tent with unlimited food & drinks! 

First Second & Third place winners get a cash price, so its always worth a shot!  You are able to Own a Goat in any race, multiple goats in a race or event in multiple races. All profits go to charity such as building sanitary facilities for Kampala’s poor households/ schools etc

Hospitality tents

Hospitality tents are a private tent for you and one hundred of your selected customers and staff. The privacy offers you the opportunity to talk to people one on one. Within the greater event, you have the best of both intimate networking and public visibility. Historically, the hospitality tents have been a major talking point at the event, as companies have created elaborate themed tents with customized entertainment, catering and activities for their guests to enjoy, as an owner you are given branding rights, tickets, and visibility rights.

You can be a food vendor

The Goat races is all about grazing through the day, which is why we welcome a variety of food vendors to join the team. With over 5000 people it’s a great day to showcase your new products.  3m x 3m stalls are available for hire for food vendors. We Limit one type of each type of cuisine to provides our event goers with something different, so don’t be afraid to be creative and offer something that is unique to you.

You can own a commercial tent

Commercial tents are an opportunity to sell your services & products to the race goers. Create a custom experience in your tent be it a silent disco or a cigar lounge.  Commercial Tents offer a great opportunity to market and onboard new customers. As an owner you are given branding rights, tickets, and visibility rights.

You can buy a race

Get your company recognised by over 5,000 people as well as a on media reach, by being a title sponsor to a race. Each race varies in fees depending on its slot. The main race is scheduled at peak event time.  A race entitles the sponsor to many great touch points before, and during the event. Benefits include media presence, branding and visibility; awards stage presence and networking opportunities at the event.  The package also includes owners tent tickets and tickets to give away to your customers.

You have a chance to be event Sponsor

This event has strictly three sponsor slots.  Each tier has varying levels of participation. From part naming rights, media presence, exclusive TV interviews, give away tickets, branding and award stage rights. But we are always interested in giving something new to our fans and loyal event goers, so if you feel you have something to offer please do get in touch!


Be a prize giver

We have so many competitions during the day; have your company contribute a prize towards any of the competitions. As a prize giver, your company is entitled to stage presence and the awarding of the prize on stage. This is televised and you maybe asked for an interview with the selected media partner

The experience you can never forget

The Royal Ascot Goat Races is one of the biggest social events of the year.  It’s a perfect blend of family fun, corporate networking, fantastic food and entertainment. A day out at the races comes once a year and everyone pulls out all the stops. From prize winning competitions, fashion extravaganzas, not to mention the winning at the races; fans have won air tickets, weekend getaways, spa treatments, and cash. Its an entire day filled with champagne and strawberries, beer gardens, carnival games, mingling all while listening to the hottest DJs. And we don’t stop there, the event is ceremoniously crowned with a live performance and closed with a spectacular fireworks display. No wonder it’s the event of the year. And whats better, everyone and anyone is welcome to be part of the Royal Ascot Goat Races! See you at the races!

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Shock as businessman Asiimwe admits forging documents, looks for scapegoat

Mr Asiimwe in the dock.

City businessman and Company Director at Taifa Partners Limited, Emmanuel Asiimwe who is accused of forging and uttering false documents left many people in a fully parked court shocked by admitting to have committed the offences.

This happened last week after the Chief Magistrate – Buganda Road Court, His Worship Ronald Kayizzi guided the businessman to reveal the truth so as to give a leeway to the out of court settlement. Just like a drowning man who looked for support from a serpent, Asiimwe let the cat of the bag when he put it on court record that the complainant was a beneficiary of the fraudulent bank resolution and Powers of Attorney that were ‘signed’ by the Company Secretary Charles Okello. By saying this, he incriminated himself that he forged the signature of his Company Secretary who is a top witness in the same court matter. Ironically the person Asiimwe claims was a beneficiary is the main complainant against his fraudulent activities.

Asiimwe who was not coached properly by one of his many lawyers, Junior Kanyamuyenga mixed up the criminal matters with a commercial dispute. Despite the guidance by the Chief Magistrate, he continued to confuse court by failing to explain whether it was the commercial dispute that lured him into committing a crime of forgery.

On the inquiry by the Chief Magistrate, the complainant revealed that he has nothing personal against the accused. He said that the charges against the businessman are purely criminal in nature and nothing commercial in them. The accused forged the documents and it gives him a criminal liability.

STATUS OF THE FILE

In order to delay Justice, Asiimwe who earlier kept dodging court, changing lawyers and feigning sickness (acute diarrhea) managed to pull out the file from Buganda Road Court back to DPP’s office for perusal. This is not the first time, he is lodging a baseless complaint. The complaint, similar in nature and presentation was earlier quashed by the DPP. In her letter to the Resident State Attorney at Buganda Road court in November, the DPP guided that the trial should proceed.   

However, through his lawyers M & K Advocates, Asiimwe lodged another complaint on May 1, 2024 to DPP whose contents are similar to the earlier complaint that was quashed.

The letter which this Publication has seen titled “Complaint regarding prosecution of Case Vide Crim No. CRB 386/2023 Uganda Versus Asiimwe Emmanuel goes on to indicate that on August 23, 2023, Asiimwe was arrested and detained at CPS and was later arraigned before the Chief Magistrates Court of Buganda and charged with ten counts. 3 counts of forgery contrary to section 342, 345 (d) (i) and 347 of the penal code and 5 counts of uttering false documents contrary to sections 351 and 347 of the Penal Code Act.

“Our client pleaded not guilty to the charges and was subsequently released on bail on August 25, 2023 pending trial to before the Chief Magistrates Court of Buganda Road by His Worship Ronald Kayizzi. On the October 10, 2023, our client lodged a complaint to the office of the Director of Public Prosecution. Our client has never been informed out the outcome of the investigations until on April 30, 2024. Our client is not satisfied with the outcome of the investigation.

Since the complaint was lodged, our client has found out more information and concerns that he would bring to the attention of your office for further review and guidance,” the letter to the DPP partly reads.

WAY FOWARD

This above complaint however is not different from the one that was lodged by Asiimwe’s lawyers on October 2nd, 2023.  It should be noted the lawyers erred saying their client has never been informed of the outcome when actually, they are in possession of the DPP’s visible reply.

On November 3rd, the Regional DPP Kampala Catherine Namakoye wrote to the Resident State Attorney, Buganda Road on the matter registered vide CRB 386/2023 of Uganda versus Asiimwe Emmanuel. “Reference is made to the above matter and a complaint addressed to this office from M & K Advocates on behalf of the accused seeking for review of the case file. We have carefully perused and analysed the evidence in the file in light of the complaint lodged and find no merit in the complaint.

There is sufficient evidence on record to show that the contested documents were forged. There is a forensic report to that effect on record. Since the matter is already in court and under hearing, the prosecution of the case should proceed to the logical conclusion. Let the court be given an opportunity to decide on the matter. The file is hereby returned for your further handling….,” the DPP’s letter partly reads.

VERDICT

According to the legal experts, the accused is wasting Court’s time. He has tried all means to frustrate the hearing of the case by changing lawyers all the time and feigning sickness. All the issues raised in his complaint are triable and he has a right to challenge or deny them during trial. “It is very unfortunate that the accused keeps forwarding baseless complaints to the office of the DPP yet a proper investigation was carried out by the same office.

The accused’ numerous complaints are another tool to delay further the trial at Buganda Road Court. This is very unfair to the complainant and the witnesses who travel long distances every time the court is in session. The main witness tendered his evidence in court in November last year but the accused’s lawyers deliberately refused to cross examine him. Justice delayed is justice denied. The Accused’ complaint is a waste of Court’s time and it should be ignored,” the legal experts weigh in.

FACTS OF THE CASE

The facts are that Okello Charles’ (former Company Secretary) signatures were forged by the accused person for the purposes of revoking the Powers of Attorney previously granted by the Company (Taifa Partners Ltd) to Assa Tumwesigye to be their authorized representative for the contract reference UPN/WRKS/2020 – 21/00490 under Uganda Prisons Service.

Contrary to Asiimwe’s claims, the above matter was handled under Company Petition No. 21783 of 2023 by URSB and the forged documents (Company resolution and powers of Attorney) were all expunged from the URSB registry.

Assa Tumwesigye holds valid Powers of Attorney of the Company as per the URSB ruling and order. Okello Charles though he ceased to be a member of the Company is a competent witness in this criminal case and there is no law that requires a witness to be a member of the Company especially when it is his signature that was severally forged by the Accused.

It should be noted that the forgeries were all committed before another shareholder Davanti Union Ltd came on board as a shareholder and member of the Company. To shy away from the truth, the accused is trying to use Davanti Union Ltd as a scapegoat for his crimes.

The accused has the liberty of getting his own handwriting expert report which can be used in his defense and this cannot be the work of the DPP to procure an expert report when it already has a report from the prosecution /police.  

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Rosebud to boost production cut flower after UK’s levy suspension

Rosebud managers inspecting the gardens.

Rusebud Ltd, one of the companies under Ruparelia Group now stands a chance to deliver more cut flowers to the UK market after the country temporarily suspended duty on cut flowers for two years.

Based in Entebbe, Uganda, Rosebud Ltd, managed by businessman Sudhir Ruparelia, is Uganda’s largest exporter of roses, commanding around 40 percent of the country’s raised export market, with the flower growth being boosted by the favourable weather conditions experienced throughout the year, result in their all being of the same high standard. Rosebud Ltd solely specialises in the production of quality cut roses for export onto the world market.

One of the farms is located 15 km from Entebbe airport and is at an altitude of 1150 metres above Mean Sea Level. The farm experiences a minimum temperature of 16°C and a maximum of 33°C. The weather is consistent for the whole year, which is ideal for production and the ability to maintain a very high-quality product. The farm exports 32 cm, 37 cm, and 52 cm length stems with head sizes between 2.8 cm to 3.2 cm for sweetheart roses and 3.5 cm to 4.5 cm head sizes for intermediate roses. “We are capable of handling all types of bunching specifications e.g. 1 x 10 to 1 x 40 stems per bunch, solid colors as well as rainbow mixes, with or without consumables as per the requirements of the customer.”

Meanwhile, the tax waiver, the UK says, would make trade easier and cheaper for growers in East Africa and beyond.

“The suspension of eight percent duty for cut flowers applies across the world but will be a big win for major flower growing regions in Kenya, Ethiopia, Rwanda, Tanzania, and Uganda. The duty suspension will remain in place for two years from 11 April 2024 to 30 June 2026,” the UK statement reads.

The move implies that unlimited quantities of flowers can now be exported to the UK at zero percent tariff, even if they transit via a third country.

 “The UK’s relationship with East Africa is rooted in mutually beneficial trade. This additional flower power will allow trade to bloom. We go far when we go together… or in this case, we grow far when we grow together, further reinforcing the UK’s commitment to the expansion of trade in East Africa,” UK Trade Commissioner for Africa John Humphrey is quoted in the statement.

“This is particularly important for East African flower growers who transport their blooms via third countries or auction houses before they arrive in the UK.”

The move aims to increase trade and further strengthen the economic relationship between the UK and the region.

The statement also indicated that the UK consumers could win big too on “price, seasonality, and variety”.

In 2022, Kenya was ranked as the fourth biggest exporter of cut flowers in the world, with a six percent market share of global cut flower exports.

Ethiopia is the second largest cut flower producer in Africa, making up 23 percent of Sub-Saharan African exports.

In 2023, the value of trade in cut flowers from Uganda to UK was $1.18 million.

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Ministry of Works and Security take the lion’s share of the Shs72t 2024/25 budget

Finance Minister Matia Kasaija reading the 2024/25 national budget.

The Ministries of Works and Transport and that of Security have taken lions, as the just-read 2024/2025 financial budget indicates.

The Shs72.136 trillion 2024-2025 budget, Shs14.050 trillion of the initial budget proposal of Shs58 trillion was approved in May.

Of the Shs72 trillion, Shs32. 3 trillion will be generated through revenue collection, Shs1.3 trillion from external borrowing, and Shs8.9 trillion from internal borrowers; domestic debt refinancing (rollover): Shs19.8 trillion; and Shs9.5 trillion for project support (grants and loans).

While presenting the budget, the Minister of Finance, Matia Kasaijja, first called attention to the external debt repayments, which amount to Shs3.149 trillion; project support (loans and grants) Shs9.583 trillion; domestic refinancing, Shs12 trillion, interest payments Shs90.94 trillion, BoU recapitalization Shs 603 billion, domestic arrears Shs 200 billion, and domestic debt payment (BoU) amounting to Shs9.1 trillion.

Kasaijja said Shs4.989 trillion will go towards the maintenance of the roads, the building of new strategic roads, the accelerated rehabilitation of the Metre Gauge Railway, the commencement of construction of the Standard Gauge Railway, and Shs1.878 trillion for deepening agro-industrialization.

“We will continue with the ongoing construction of up to 30 bridges and structures on the national roads, including Alla (Anzuu) Gazi (Rhino Camp), Aca (Rhino Camp), Lugogo Swamp Crossing, Nabukhaya, Nambola, Nametsimeri, Sahana and Khamitsaru Bridges, Rubongi, and others,” he said.

He noted that Shs162 billion has been provided for the completion and operationalization of Kabalega International Airport in Hoima, and plans are underway to acquire two mid-range aircraft and two cargo aircraft to facilitate exports in the medium term.

According to the budget, Shs9.588 trillion has been allocated to peace and security and rule of law, of which Shs481.4 billion is for the administration of justice to ensure that Uganda remains a peaceful and accountable country with law-abiding citizens.

“The relevant ministries will strengthen the capacity of security agencies to address emerging security threats, ensuring the combat readiness of security agencies to protect life and property, enhance military capability through the acquisition of various assets, strengthen the surveillance infrastructure, and support joint military operations in the region,” he said.

In the same vein, Shs982.56 billion has been allocated to the Ministry of Energy to undertake access to electricity through grid expansion and connectivity projects and improve the quality of power supply through the systematic operation and maintenance of existing power infrastructure.

Shs246 billion has been allocated towards the development of ICT and digital transformation through the expansion of internet connectivity and digital infrastructure across the country.

Shs920.86 billion for the oil and gas sector to prioritise the development of the East African Crude Oil Pipeline (EACOP) hub in Tang, including the necessary infrastructure to facilitate adherence to high-quality environmental standards.

Shs41.55 billion to fast-tracking quantification and market studies for all minerals for the purpose of investor promotion; Shs3.3 billion for Space Programme activities; Shs75 billion to improve coffee value chain development; Shs25.24 billion to complete the research and start producing the vaccine; Shs2.07 billion to support Jena Herbals of Prof. Patrick Ogwang; Shs25 billion to produce and commercialise the anti-tick vaccines; and Shs723 billion to support Dei Biopharma Ltd.

Others are: Shs32.5 billion to support Kiira Motors to complete the plant and access working capital; Shs55 billion to Uganda’s Missions Abroad to support the Uganda Tourism Board (UTB) to market Uganda to potential tourists and Shs146.26 billion to support disaster response and management.

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Corruption: Tayebwa urges MPs to support the cleansing exercise

Deputy Speaker Thomas Tayebwa.

Parliament has pledged to stand with the three incarcerated legislators following their arrest and subsequent remand to Luzira Prison.

Yesterday, the Anti-Corruption Court remanded Lwengo District Woman MP Cissy Namujju; Busiki County MP Paul Akamba and Bunyole East County MP Yusuf Mutembuli over corruption.

The prosecution alleges that while at Hotel African on May 13, 2024, the three solicited for a bribe from the executive Chairman of Uganda Human Rights Commission, Mariam Wangadya, to enhance the commission’s 2024/25 budget. The group would take 20% of the enhanced budget.

 While officiating the handover ceremony of the new leadership of the Uganda Parliamentary Forum on Youth Affairs (UPFYA) at Parliament, Deputy Speaker Thomas Tayebwa urged MPs not to hide from attending the reading of the 2024/25 budget due to fear of arrest.

“Parliament will stand by the three MPs arrested over corruption until they are pronounced guilty, and this decision shouldn’t be viewed as Parliament condoning corruption,” he said.

He assured MPs that President Museveni is happy about the performance of the 11th Parliament, and that reports about rackets of corruption have been swirling around since the 9th and 10th Parliaments, and he urged all MPs to support the cleansing exercise.

He noted that Museveni is narrowing down and they must support efforts aimed at cleaning the institution, and the only way they can support the efforts is by checking their behaviour, behaving in a more transparent manner and avoiding small things.

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Officials decry night bribery and extortion at closed Karuma Bridge

Officials from Northern Uganda have accused Uganda National Roads Authority (UNRA) and security personnel currently managing Karuma bridge, of bribery and extortion, claiming that truck drivers are being ordered to pay Shs300, 000, while buses Shs200, 000 per route to use the bridge at night, saying such greedy and selfish acts are endangering lives of people using a bridge that was closed off after developing cracks.

The MPs included; Gilbert Olanya (Kilak South), alongside Judith Peace Achan (Nwoya DWR), Boniface Okot (Youth Northern), Linda Auma (Lira DWR) & Denis Oneka (Kitgum Municipality) raised the concern during a press briefing at Parliament, where they decried the high cost of living in their region following the closure of the bridge, due to disruptions in trade.

“The trucks and buses come during day time, and park near Karuma bridge. At night hours, the truck owners pay Shs300, 000 and are allowed to cross the bridge which was closed. The buses are paying Shs 200, 000 to cross Karuma. Now we are looking as if UNRA must be conniving with security personnel that are blocking the bridge to extort money from the truck owners and buses that are moving to Northern Uganda. As if at night hours, the bridge becomes stronger and during day time, the bridge is weak,” said Gilbert Olanya (Kilak South).

Judith Peace Achan (Nwoya DWR) noted that there has been a high increment in transport fares and inflation in commodities for the men and women who do business in Northern Uganda just because of that diversion.

“We got disturbing information that the traders are being charged and from the time they do business, they don’t meet the deadline. Sometimes, the good get rotten on the way because they have to wait for the time that they can bribe the security men at the bridge,” noted

Linda Auma (Lira DWR) stated that this is putting the users of these means of transport at risk because they are aware that UNRA temporarily closed the usage of this bridge especially for heavy trucks because of its status at the moment that is not safe for human usage.

She stated, “The security team that is manning this bridge is using it for its financial advantage, by putting the lives and businesses that are being transported at risk due to their selfish interests of getting money at night.”

Boniface Okot (Youth Central) said that Northern Uganda is part of Uganda and Northern Uganda has 8million citizens and all these are people who pay taxes they always have to organize press conferences in order for these people to access a public good. There was a commitment from UNRA that it will take them only three months to have a re-construction of Karuma but until now when you go to the bridge, there is hardly any progress; there is no equipment on site. Adding, “We are wondering what kind of calendar UNRA uses. Do they use the Gregorian calendar or the Hebrew calendar to make these commitments?”

Okot added, “Northern Uganda is bleeding because we need urgent and affirmative action on infrastructure projects and bridges. UNRA needs to inform the region if they derive pleasure when the poorest region in the country with a very high poverty rate is being charged very high prices of commodities on account of their failure to properly manage the reconstruction of this bridge, their extortions, their delays and their diversions.”

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Uganda Tourism Board aims to boost tourism through international missions

Uganda Tourism Board (UTB) is seeking to boost the country’s tourism growth through international missions.

UTB CEO Lilly Ajarova while speaking at a four-day Joint Regional Economic and Commercial Diplomacy Retreat with heads of Uganda Missions stationed in neighboring countries called on Missions abroad to support Uganda’s tourism efforts, particularly in branding, marketing, and attracting investors to the much sought-after Explore Uganda campaign.

The ‘Ring States’, as they are referred to in the Ministry of Foreign Affairs, include Rwanda, Tanzania, Kenya, DR Congo, Somalia, South Sudan, and Burundi.

“We are calling upon our missions abroad to support us in our tourism efforts, particularly in the areas of branding and marketing, as well as attracting investors to our Explore Uganda campaign. We have seen the success of this collaboration in the past, where our missions have brought potential investors to assess our country’s offerings, and we hope that with their continued support, we will yield even more positive results,” said Ms. Ajarova.

Despite the challenges posed by COVID-19, the UTB boss said that Uganda has made significant progress in tourism development, rising from an unknown destination to become the 10th best destination on the continent for Meetings, Incentives, Conferences, and Exhibitions (MICE) in 2018.

“The country currently ranks seventh and aims to become one of the top five destinations in Africa,” she said.

She added, “The recent addition of the Speke Resort and Convention Center has enhanced Uganda’s competitiveness, allowing the country to host large conferences and attract more travelers. The UTB targets flexible travelers who are likely to extend their stay, spend more, and generate more economic and social benefits for Uganda.”

Ajarova expressed confidence in the support of missions abroad, which she believes will help achieve Uganda’s vision of becoming a top destination in Africa.

“We count on our missions abroad to help us achieve this goal by identifying opportunities, lobbying for Uganda to host international meetings, and supporting our Explore Uganda destination brand,” she said.

Ambassador Richard Kabonero, Head of Regional Economic Cooperation said the Ministry of Foreign Affairs is developing a new framework aimed at promoting economic growth through commercial diplomacy. The initiative he said seeks to guide Uganda’s missions abroad in marketing and attracting investments to the country.

“The Ministry of Foreign Affairs decided to come up with a framework under which we can guide our missions abroad to market the country in three main areas: increasing our exports, attracting foreign direct investments, and attracting tourists,” Amb. Kabonero explained.

The initial phase of the program will involve 10 missions and two consulates in areas with high potential for investment, such as ATM, agriculture, tourism, mineral development, and science and technology. “We need to measure results and then scale up to all other 37 missions that Uganda has abroad,” Ambassador Kabonero noted.

Amb. Kabonero emphasized the importance of addressing non-tariff barriers, including standards, competition, and lack of compliance with regional trade protocols. “Our missions are charged with addressing those NTBs,” he said. The ministry is also working to address tariff barriers, infrastructure challenges, and standards and certification issues to increase exports.

Regarding data and communications, Amb. Kabonero stressed the need for a regional data framework to improve data affordability and access to the sea cable. “We need to discuss data affordability and access to the sea cable. Most of our traffic to the sea goes through Kenya, but it’s a bit of a risk. So, we need an alternative route,” he explained. The initiative is seen as a significant step towards boosting Uganda’s economic growth and promoting regional trade. “We look forward to a summit of heads of state to harmonize data rates, cross-border payment systems, and increase trade,” Amb. Kabonero said.

Ms. Julianne Mweheire, Director of Industry Affairs and Content Development at the Uganda Communications Commission (UCC), noted that over the past two years, there has been a significant shift in data consumption trends, with an increasing number of users opting for video communication, leading to a substantial change in the way data is utilized. According to Mweheire, the cost of data has significantly decreased by 51% since 2019, with mobile operators reducing data prices.

The price per gigabyte of data in Uganda is relatively low compared to other East African countries, at $0.86 per GB, compared to $0.76 in Rwanda, $0.97 in Kenya, $1.53 in Tanzania, $4.00 in South Sudan, and $0.83 in South Africa. However, despite this progress, Mweheire noted that the penetration of digital devices remains low, with only 16 million smartphones in use, out of 35 million active SIM cards. She attributed this to high taxes on smartphones, which hinder their adoption.

Vincent Bagiire, Permanent Secretary of the Ministry of Foreign Affairs, noted that the 40% tax on smartphones is counterproductive, as telecom companies generate more revenue from data usage than voice calls. He argued that reducing the tax would lead to increased smartphone penetration, resulting in higher tax revenues for the Uganda Revenue Authority. “We need to rethink the 40% tax on smartphones,” Bagiire emphasized.

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Museveni set to bailout Aya hotel with Shs611b debt despite potholes in Kampala

Aya boss-Hamid.

President Yoweri Museveni is set to bailout flamboyant but struggling businessman Muhammed Hamid of Pearl of Africa Hotel formerly Aya from being auctioned.

The Hotel has been on the market for auction by court auctioneers but failed to get a buyer. This has forced the owners to seek for government bailout through the presidential intervenetion. However, this gesture has enlisted bad public response as to why government or president should bailout the businessman at the time when the country is grappling with less funding as it has failed to fix roads in Kampala and other needs.

“I have been approached by Mohammed of Aya Investment (U)lTD Group regarding the imminent sale of his hotel due to his indebtness to Induustrial Development Corporation, South Africa. I have been informed that the sale has been sanctioned by courts having decided several cases in your favor. However, given that Pearl of Africa hotel is a strategic investment that was supported by government through land allocation and other benefits, government wishes to intervene so that the debt is paid instead of auctioning the hotel. I therefore, wish to hold a meeting with you to discuss other ways of recovering your loan instead of sellingthe hotel” Musevei wrote to Industrial DevelopmentCorporation of South Africa and copied to Mmarks Advocates the auctioneer’s lawyers.

He further added “I am therefore, directing that the auctioneers halt the sale of the hotel pending my meeting this month and by copy of this letter, I am directing my Principal Private Secretary to organize the meeting this month” reads the May 1, 2024 letter.

AyaInvestment Uganda was in September last year given an ultimatum of 30 days to save their 5 Star Hotel, the Pearl of Africa which has been set for sale by public auction. The Hotel Limited located at Nakasero Hill Road  Kampala

In a public notice on Monday, September 26, Armstrong Limited, government Court Bailiffs, auctioneers, and debt collectors on orders of M/S MMAKS Advocates and ENSafrica Advocates representing undisclosed Industrial Development Corporation of South Africa Ltd have put Pearl of Africa Hotel up for auction over a Shs611 billion debt it owes to a South African firm.

Pearl of Africa Hotel comprises LRV 3556 Folio 8 Plots 7A1-9A1 & 10 Lugard Road, and Plots M32, M183 & 2E Nakasero Hill Road  Kampala measuring approximately 5.975 Hectares.

“Upon instructions from the High Court of Uganda (Commercial Division) in Execution Misc. Application No. 275 of 2023 (arising from Arbitration Cause No. 12 of 2021 and High Court Misc. Cause No. 58 of 2021) Industrial Development Corporation of South Africa Ltd (Judgment Creditor) vs AYA Investments (U) Limited (Judgment Debtor), and M/S MMAKS Advocates and ENSafrica Advocates, Counsel for the Judgment Creditor, we shall proceed to sell the Property below together with all developments thereon by public auction pursuant to a Warrant of Attachment and Sale issued by the High Court of Uganda (Commercial Division) unless the Judgment Debtor pays to us the entire outstanding decretal sum (including interest) and our fees and costs before the fall of the hammer at the auction,” auctioneers said in an advertisement.

The Pearl of Hotel spans 32,000 square meters and comprises 23 floors, 296 rooms, 37 suites, two restaurants, three bars, nine meeting rooms, 15th-floor executive lounges, and a business center with all top-class 5-star amenities.

The sale by public auction comes after the Court of Appeal in  Kampala directed AYA Investment Uganda to pay Shs611 billion debt it owes to the Industrial Development Corporation (IDC), a South African firm.

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Bob Tayebwa: A success story of Zeal and Determination

Do you have a policy with ICEA LION Insurance? These were Bob Tayebwa’s parting words at the end of the interview, signaling his passion for selling insurance and providing a glimpse into the drive that earned him the title of Best Life Insurance Agent of 2023.

Tayebwa has consistently topped the charts as the best sales agent at ICEA LION for four consecutive years since 2020, earning him prestigious rewards including overseas conventions to Mauritius, Dubai, Thailand, and the Netherlands. In 2023, he outperformed his peers across the entire insurance industry in Uganda, solidifying his reputation as a sales guru.

Bob’s journey in sales began over 13 years ago during his career in banking. His path to insurance was inspired by an encounter with an ICEA LION Insurance agent who convinced him to invest in a Toto education plan for his newborn son, Jeremiah. The rapport he built with the agent, who was earning significantly more than he was, inspired Bob to switch careers. “I built rapport with the agent after purchasing the policy, we became good friends and along the way I inquired about her work and how lucrative it was,” he recounted. With mentorship and determination, Bob made the leap to join ICEA LION Insurance in 2019.

Despite a slow start, signing just four policies in his first month, Bob persisted. His sales quickly escalated from a handful of policies to an impressive eight-figure monthly commission. By 2023, he was surpassing his monthly sales targets by 50% and the monthly premium target by 100%.

Bob’s unique approach to selling insurance has helped him overcome industry challenges such as lack of trust, low saving culture, and bias towards insurance. “Most agents talk about death, disability, and uncertainty. Who wants to hear that? Instead, I focus on people’s goals,” he explained. By understanding clients’ aspirations and discussing their goals for the next five to ten years, Bob builds a strong rapport, making insurance feel more like a partnership than a mere transaction.

Regular follow-ups with clients through scheduled calls and in-person appointments are key to Bob’s success. He uses Google Calendar to manage his engagements, ensuring he never misses a meeting. “My calendar has scheduled appointments up to 2027, and I intend to follow up until then,” he added.

Expanding his sales circle through referrals from existing clients has been a major objective for Bob. This strategy has consistently helped him grow his market and maintain his top-performing status.

Bob attributes his success to his faith, commitment to his job, support from ICEA LION, mentorship, and his wife’s invaluable encouragement and moral support. “I extend my heartfelt gratitude to IRA and UIA for their commitment to maintaining a level playing field for agents. Special thanks to ITC for equipping me with invaluable insurance knowledge. I’m also deeply appreciative of the supportive network of fellow agents and the nurturing leadership at ICEA LION,” Bob expressed with sincere appreciation.

His advice to fellow and upcoming agents is to remain professional, persistent, and continuously willing to learn in order to succeed in the challenging industry. While some agents lose credibility by fear-mongering, Tayebwa earns clients’ trust by aligning with their hopes and dreams through empathy, negotiation, and focus. His authentic passion for helping people achieve their goals is what made him the Best Life Insurance Agent of 2023.

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Former Mulago ED, Byarugaba Baterana arrested in the Shs14 corruption case

Dr Byarugaba Baterana

Dr Byarugaba Baterana, the former Executive Director of Mulago National Referral Hospital has been arrested.

The officer of the Directorate of Public Prosecution yesterday sanctioned charges of abuse of office and causing financial loss of about Shs14 billion.

Byarugaba will be charged with nine other top Mulago officials and service providers who it is alleged connived and supplied none existent services in form of inflated prices of goods and services.

Byarugaba was interdicted in 2022 and straightaway handed over office to his deputy Rosemary Byanyima but a year later charges were droped.

However, the Permanent Secretary Ministry of Health,  Dr. Diana Atwine reinstated Byarugaba back to full salary as he awaited clearance to resume office. Nevertheless, he wasn’t reinstated back to his position.

Dr. Byarugaba was interdicted in 2022 and detained by officials from the State House Health Monitoring Unit, led by its Director Warren Namara on allegations of mismanagement of the national referral hospital and misappropriation of funds totaling to Shs28.8 billion for the past four financial years.

In a letter dated June 21, 2023, the Dr. Diana Atwine ordered the reinstatement of Dr. Byarugaba Baterana referring to the interdiction letter of March 2, 2022.

He is currently, the Deputy Vice Chancellor King Ceasor University. However, other sources told this website that Byarugaba’s woes started when him and a powerful lady at the Ministry of Health crossed each other hence leading to his troubles. He is set to appear before Anti-Corruption court tomorrow.

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