Stanbic Bank
Stanbic Bank
21.2 C
Kampala
Stanbic Bank
Stanbic Bank
Home Blog Page 768

Panic as passenger train collides with UPDF Land cruiser in Kireka

passenger train rams into army patrol vehicle in Kireka

A passenger train has collided with a UPDF Land cruiser in Kireka along Kinnawattaka road. The train was on its way to Kampala.

The UPDF Land cruiser H4DF 2180 was from Bweyogere heading to Mbuya.

According to Kampala metropolitan deputy police spokesperson Luke Owesigire Police at Kireka working with fire and rescue services have responded to an incident where a Updf Land cruiser H4DF 2180  was involved in a derailment with a Uganda Railways locomotive.

“The fire and rescue services were able to rescue two UPDF soldiers albeit in very critical condition. The two, both privates, have been taken for treatment,” he said.

Stories Continues after ad

Rotary International applauds Absa Bank for contributing towards Mengo Hospital Blood Bank

Rotary International President, Shekar Mehta, hands over a plaque to David Wandera, Absa Uganda's Head of Markets.

The President of Rotary International Shekar Mehta has applauded Absa Bank Uganda for its contributions towards health sector in Uganda.

Absa Bank Uganda is one of the entities that have been honoured for its contributions as one of the platinum partners in the development of the Mengo Hospital Rotary Blood Bank.

Mr. Shekar Mehta, President of Rotary International, presented the award to Mr. David Wandera, a Rotarian and Absa Bank Uganda’s Head of Markets, at a ceremony held at Mengo Hospital.

While speaking at the ceremony, Mr. Mehta said, “I congratulate you PDG Emmanuel Katongole and all the other people and organizations that have contributed to the Mengo Hospital Rotary Blood Bank to not only serve but change the lives of people in this country. Thank you for your leadership and steering this project to his level.”

The Rotary Blood Bank at Mengo Hospital was officially inaugurated in 2017 and is a brainchild of Rotary and several private sector partners. It intends to raise a total of USD 1,103,000 (over Shs. 4 billion) to equip Mengo Hospital with a modern, fully-fledged Blood Bank to compliment the National Blood Bank in Nakasero with ultramodern equipment and specialized staff.

This is in response to the country’s blood shortage, with the Uganda Blood Transfusion Service (UBTS) struggling to meet current demand, collecting 56,850 units out of a target 75,000 between April and July 2020.

Absa Bank Uganda has provided support to the project since its commencement.

Speaking on the sidelines of the ceremony, Absa Bank Uganda’s David Wandera said, “We are proud to have responded to the call to be a part of this project since its inception. It is a testament to our fulfilling the commitment made to play a shaping role in Uganda’s growth by being an enabler and an active force for good in the communities within which we operate.”

Mr. Mehta and his wife Rashi are in Uganda for three days as part of a seven-nation African tour. While in Uganda, he has met President Yoweri Museveni and Speaker of Parliament, Hon. Jacob Oulanyah, offering to open an eye hospital and provide free heart surgery to 100 Ugandan children in India.

Stories Continues after ad

Court withdraws criminal summons against Equity Bank MD Samuel Kirubi

Samuel Kirubi, Managing Director of Equity Bank Uganda

Court has withdrawn criminal summons against the Equity Bank Uganda Managing Director, Mr. Samuel Kirubi in which he was sued by Peter Kamya, the proprietor of Simbamanyo Estates for auctioning off his multi-billion city building.

Through his lawyers of Muwema & Co. Advocates and Solicitors, Kamya sued the Equity bank MD for breach of trust, unethical and illegal conduct. Kamya contends that his properties were sold off in the midst of a lawsuit.

“The purpose of this letter is to inform you that criminal summons which were issued in this matter on 13th September 2021 are consequently withdrawn,” reads part of the letter from Buganda Road Magistrate, Justice Tuhimbise Valerian.

According to Justice Tuhimbise, the DPP has pursuant to article 120 (3) (b) of the Constitution of the Republic of Uganda, taken over criminal proceedings in the matter where Peter Kamya is the complainant.

On August 20, 2012, Equity bank Uganda and Equity bank Kenya granted a loan facility of $6m to Simbamanyo to finance construction of a hotel on land comprised of Kyadondo Block 237 Plot 95 land at Luzira and also to take over Kamya’s prior loan from Shelter Afrique.

After failing to clear the loan, Equity put two properties up for sale to recover their money. The bank seized Simbamanyo House and Afrique Suits Hotel on Mutungo Hill in Kampala last year after the city tycoon Peter Kamya and his Simbamanyo Estates failed to pay outstanding loans to a tune of $10.8m (about Shs40 billion).

Sudhir Ruparelia acquired the Simbamanyo House building (now named; Gender and Labour House) in October 2020 after emerging as the highest bidders with $5 million about (Shs18.5 billion) through his company Meera Investment Limited.

Stories Continues after ad

Shell customers get over Shs300m in prizes in Jjuza Akameeza promotion

Shell customers get over Shs300m in prizes in Jjuza Akameeza promotion

Over 10,400 Shell customers have so far been rewarded with prizes worth Shs 366 million in the ongoing Jjuza Akameeza promotion by Vivo Energy Uganda, the company that distributes and markets Shell branded fuels and lubricants in Uganda.

Launched last month, the promotion rewards customers for every purchase of Shell FuelSave Diesel worth Shs 50,000 or more at Shell service stations across the country.

“Today we are handing over a brand new Toyota Hiace and fuel worth 1 million each to 5 lucky winners from our first grand draw under the campaign. We have even more prizes up for grabs and I encourage our customers to continue to participate to stand a chance to win,” said Moses Kebba, Marketing Manager, Vivo Energy Uganda.

To participate, motorists must purchase Shell FuelSave Diesel worth Shs50,000 or more to enter into a grand draw. The prizes up for grabs include one Toyota Hiace (Drone) van, two Elf trucks, monthly prizes of fuel worth Shs one million each for 15 winners (5 winners per month) and t-shirts, caps, key rings, fuel of up to Shs 10,000 and assorted food supplies, popularly known as ‘Kameeza”.

Over 25,000 drivers will be rewarded over the next four months.

Ronald Bogere, one of the winners could not hide his excitement upon receiving the brand new Toyota Hiace. “I am very happy to be one of the winners today. I have been using Shell fuels for the past 8 years. This van will provide an additional source of income and help me recover financially from the impact of the lockdown when we were unable to work. I encourage you all to continue to use Shell because you are not only guaranteed quality fuel but so much more. The rewards are truly fulfilling.”

All motorists around the country are eligible to participate and the campaign will run until January 2022.

“This promotion is ongoing and is available across the 167 Shell service stations around the country. I encourage our customers to participate to stand a chance to win both the instant and grand prizes,” Kebba added.

Over the years, Shell has continued to remain a leading provider of high quality fuels and lubricants that have been developed to give motorists’ car engines maximum efficiency as well as keep them in the best condition; and help both drivers and riders GO WELL.

Stories Continues after ad

DTB vs Ham: DPP recalls criminal summons against Aga Khan

Prince Karim Al-Husayn Shah who is wanted by a court in Uganda.

The Director of Public Prosecutions (DPP) has recalled criminal summons which were issued against Aga Khan Prince Karim Al-Husayn Shah, the founder and chairman of the Aga Khan Fund for Economic Development in the Diamond Trust Bank vs Ham case.

According to Buganda Road Magistrate, Justice Tuhimbise Valerian, the DPP has pursuant to article 120 (3) (b) of the Constitution of the Republic of Uganda has taken over criminal proceedings in the matter where Kiggundu is the complainant.

“The purpose of this letter is to inform you that criminal summons  which were issued in this matter on 13th September 2021 are consequently withdrawn,” Magistrate Tuhimbise said.

The DPP directed Hamis Kiggundu to avail all reasonable information pertaining the proceedings and furnish all documents in his possession or under his control to the DPP.

Prince Karim, Nassim Muhamed Devji- Group Chief Executive Officer and Managing Director Kenya, Varghesi Thambi- Chief Executive Officer DTB Uganda and John Sitakange- Head of Credit DTB Uganda are accused of illegal and irregular transactions from Hamis Kiggunda’s bank accounts.

The four were on 28th September 2021 required to appear before Buganda Road Magistrate’s court to take plea on charges of theft contrary to section 254 of the Penal Code Act Cap 120, making false entries in financial ledgers contrary to section 47 (1) and (3) of the financial Institutions Act of 2004.

They are also accused of electronic fraud contrary to section 19 of the computer misuse Act, uttering false documents contrary to section 351 of the Penal Code Act 120 and conspiracy to commit a felony contrary to section 360 of Penal Code Act 120.

According to the affidavit, the top bank managers superintended illegal and unlawful transactions of Shs 34,295,951,553 and $23,467,670 from his bank accounts.

“The above persons who are the directing mind of the bank had knowledge of illegal transactions and they bear criminal liability for the approval and concurrence in committing the deception and fraud on the complainant’s accounts,” reads in part of the affidavit.

Kiggunda said that the four do not meet the criteria and they are not fit and proper persons to own, control and manage a bank or any other financial institutions in accordance with the 3rd schedule of the Financial Institutions Act, 2004

In February 2011 and August 2018, Kiggundu sought and offered $4,014,444 and $6,974,600 loans by the DTB Kenya for construction of commercial properties. To secure the loan Kiggundu mortgaged Kyadondo Block 248, Plot 328 land at Kawuku, FRV 1533, Folio 3, Plot 36-38, Victoria Crescent II Kyadondo and LRV 3176 Folio 10, Plot 923, and Block 9 located at Makerere Hill Road.

DTB Kenya contacted DTB Uganda to collect a loan facility from the businessman. However DTB-Uganda insisted that it did not act as an agent of DTB-Kenya to conduct business in Uganda, but only sought its services as a collection agent for it to receive its payments from Ham Enterprises Limited.

In March last year, Ham dragged both banks to court for siphoning over Shs120 billion from his accounts without his consent. He also wanted the court declare that the banks demand for $4,014,444 and $6,974,600, which was advanced to him by DTB-Kenya, is illegal and unenforceable on the grounds that the Kenyan bank had no license to carry out financial business in Uganda.

Stories Continues after ad

Bachelor of Laws Pre-Entry Exams for next month

Bachelor of Laws Pre-Entry Exams for next month

The Academic Registrar Makerere University has announced that the Pre-Entry Examination for admission to the Bachelor of Laws for 2021/2022 will be held on Saturday 30th October, 2021.

According to Alfred Masikye Namoah, the Academic Registrar applicants must possess the minimum admission requirements of the University.

“A Level leavers Must hold an ‘O’ Level Certificate (UCE) or its equivalent with at least 5 Passes plus ‘A’ Level Certificate (UACE) or its equivalent having obtained a minimum of 13 points (Males) and 12 points (for Females) in any ‘A’ Level combination for both Humanities and Sciences. Candidates who did ‘A’ Level before 2013 should have 15 and 14 points for male and female applicant’s respectively,” he said.

He said Diploma Holders must possess at least a Second Class or Credit Diploma from a chartered institution. Certified Copies of Diploma Transcripts (No Provisional Results) from the Awarding Institutions must be attached to the Application Forms.

In tandem, Mature Age Applicants must have passed the Makerere University Mature Age Entry Examination (for Bachelor of Laws) for either 2019/2020 or 2020/2021 Academic Year. Government sponsorship is only for those who sat Mature Age Exams for 2021/2022 Academic Year and applied for it.

He revealed that Degree Holders must be graduates in any Discipline from a Chartered University. Certified Copies of Degree Transcripts

“All applicants wishing to be admitted to the Bachelor of Laws programme offered by Makerere University are required to sit and pass the Pre-Entry Examination of Makerere University,” he said.

Application Forms for those intending to sit the examination are obtainable at the University, Room 505, Senate Building on payment of a Non-refundable Application Fee of Shs 110,000 including six past papers, excluding the Bank charges.

Stories Continues after ad

New study challenges understanding of pandemic preparedness and resilience in Africa

Health workers

Countries in Africa assessed as being least vulnerable to an epidemic were the worst affected by COVID-19, new research suggests.

Nations with more urban populations and strong international travel links were worst affected by the pandemic, the study shows.

Mortality rates and levels of restrictions – such as lockdowns and travel bans – were found to be lowest in countries previously thought to be at greatest risk from COVID-19.

A team of researchers from the NIHR Global Health Research Unit Tackling Infections to Benefit Africa (TIBA) from the University of Edinburgh worked with the World Health Organization (WHO) African Region to identify factors affecting mortality rates during Africa’s first two COVID-19 waves and the timing of the first reported cases.

Professor Mark Woolhouse, TIBA Director, who co-led the study, said: “Our study shows very clearly that multiple factors influence the extent to which African countries are affected by COVID-19. These findings challenge our understanding of vulnerability to pandemics.

Our results show that we should not equate high levels of preparedness and resilience with low vulnerability.

“That seemingly well-prepared, resilient countries have fared worst during the pandemic is not only true in Africa; the result is consistent with a global trend that more developed countries have often been particularly hard hit by COVID-19.”

Among 44 countries of the WHO African Region with available data, South Africa had the highest mortality rate during the first wave between May and August 2020, at 33.3 deaths recorded per 100,000 people. Cape Verde and Eswatini had the next highest rates at 17.5 and 8.6 deaths per 100,000, respectively. At 0.26 deaths recorded per 100,000, the lowest mortality rate was in Uganda.

South Africa also recorded the highest mortality rate during the second wave between December 2020 and February 2021, at 55.4 deaths per 100,000. Eswatini and Botswana recorded rates of 39.8 and 17.7 deaths per 100,000, respectively. The lowest rate was in Mauritius, which recorded no deaths during the second wave.

“The early models which predicted how COVID-19 would lead to a massive number of cases in Africa were largely the work of institutions not from our continent. This collaboration between researchers in Africa and Europe underlines the importance of anchoring analysis on Africa’s epidemics firmly here,” said Dr. Matshidiso Moeti, WHO Regional Director for Africa and co-author.  We can no longer focus our understanding of disease transmission purely on the characteristics of a virus – COVID-19 operates within a social context which has a major impact on its spread.”

As well as those with large urban populations and strong international travel links, countries with high rates of HIV were also more likely to have higher mortality rates. This may be because people with HIV often have other health conditions that put them at greater risk from COVID-19, the team suggests.

The weak link between mortality rate and the timing or severity of government-imposed restrictions on day-to-day activities is shows the impact of the wide range of application and enforcement of these restrictions across the region, making a consistent impact pattern difficult to discern. Restrictions during peaks of infection are well documented to have interrupted transmission in the region.

The findings show that the earliest recorded cases of COVID-19 were in counties where most people live in urban areas, with strong international travel links and greater testing capacity. Algeria was the first of 47 African countries to report a case, on 25 February 2020. Most countries had recorded cases by late March 2020, with Lesotho the last to report one, on 14 May 2020.

Researchers document higher deaths during the second wave, as compared to the first. The peak of infections during the second wave was also higher, with 675 deaths across the continent on 18 January 2021 compared with 323 during the first wave peak on 5 August 2020. Potential under-reporting was accounted for in the analysis.

Dr Sarah Puddicombe, NIHR’s Assistant Director for Global Health Research, said: “This study offers compelling results which challenge accepted views of epidemic preparedness and resilience in Africa. It is one of a series of important contributions that the TIBA partnership, working with governments and the WHO Regional Office has made to inform local, national and pan-African responses to the COVID-19 pandemic.”

Stories Continues after ad

Majid Al Futtaim takes over Shoprite Uganda

shoprite

Majid Al Futtaim has announced it has concluded an agreement with Shoprite Checkers Uganda Limited to see the transfer of Shoprite’s six Uganda store leases to Majid Al Futtaim by end of year.

Majid Al Futtaim currently operates two stores in Uganda, under the banner of Carrefour. Following the implementation of the agreement, Majid Al Futtaim will expand its footprint to eight Carrefour stores.

“We welcome the opportunity to bring our unique Carrefour offering of unbeatable value, range, international standards to more customers across Uganda,” commented Hani Weiss, CEO at Majid Al Futtaim Retail.

“Majid Al Futtaim is fully committed to creating great moments for the communities we serve for the long-term.  This agreement represents our continued investment in East Africa. We look forward to strengthening our offering in the region and supporting local talent through employment and career development opportunities.”

Majid Al Futtaim launched its first Carrefour store in Uganda in December 2019 in Kampala’s Oasis Mall, and in March 2021 opened its second store in Naalya. It currently provides 20,000 products across its stores, of which 98% are locally sourced.  Customers are also able to order products online through partnerships with Glovo and Jumia Food.

Both parties will work closely together to ensure a smooth transition of the stores and its operations.  The six stores are located in Acacia Mall, Village Mall, Victoria Mall, Lugogo Mall, Clock Tower, and Arena Mall. As part of the agreement, the Lugogo Mall and Clock Tower properties will also transfer to Majid Al Futtaim who remain committed to its local supply chain and now, new tenant partners.

Last month, the South Africa’s largest supermarket retailer on the African continent, Shoprite announced that it will close its business in Uganda and Madagascar.

“In line with the group’s non-South Africa review process, our operations in Madagascar and Uganda have been classified as discontinued,” Shoprite said in statement.

Since opening its first store in Uganda in 2000, the supermarket employs 300 Ugandans in its five branches, supporting local industries on top making sure that a percentage of all stock is sourced and produced right in Uganda.

With 17 Brands in 14 Countries, 2387 Corporate Stores and 505 Franchise Outlets, Shoprite has been offering a world-class shopping experience on a variety of food products, household goods and small appliances at lowest possible prices.

Stories Continues after ad

Entebbe Airport: Over 100 miss flight over delayed release of Covid-19 test results

Entebbe-International-Airport

There was tension at Entebbe Airport after over 100 passengers who were scheduled to travel to UAE missed their flight. The missing of their flight is alluded to delay in getting their COVID-19 PCR test results.

Passengers travelling from Uganda to UAE are required by the destination to have an additional COVID-19 PCR test certificate issued within six hours prior to departure. Emirates usually advise passengers to undertake the PCR test between 1030 to 1300 hours in order to be in time for the flight.

According to statement released by Uganda Civil Aviation Authority (UCAA), the airline’s clients undertake the tests from Test and Fly Laboratory and Safari Laboratory. The two private laboratories have been testing Emirates passengers ever since travel restrictions to Dubai were eased, about a month ago.

“The airline and testing laboratories are engaging with the affected passengers to enable them finalise modalities to travel on the next available flight,” UCAA said.

The group was supposed to aboard Emirates, flight number EK730 at 1845 hours on Tuesday, September 14, 2021 however the Authority is engaging the various stakeholders to ensure that corrective measures are put in place to avoid recurrence of the mishap. Inconveniences caused to the affected passengers are highly regretted.

Stories Continues after ad

FUFA unveils Nivana as national teams’ water partner

Fufa president Magogo

Federation of Uganda Football Association (FUFA) has acquired Nivana Water as the main exclusive national teams’ water partner.

FUFA and Crown beverages’ Nivana signed a three-year deal worth Shs500 million. The deal was unveiled on Wednesday morning at FUFA house in Mengo.

FUFA President Moses Magogo said; “We are very thankful to the FUFA and NIVANA team for this marriage to happen. We are living in very challenging times to attract brands.”

“We are targeting reaching every household to play or have footballers. We need partners that will bring value to success. This is Nivana water for three years to quench the thirst for national teams,” Magogo added.

Timothy Luzinda, the Head of Marketing Crown Beverages Ltd said; “It is a three year deal (partnership) with product (Nivana water) and cash. It comes to a tune of Shs. 500,000,000. It is packaged in a silky bottle.”

“We are privileged and honoured to be part and parcel of the football journey. We have been partners with FUFA especially in beach soccer and other events as General Assembly and Awards,” Luzinda added.

The Uganda men’s national teams include; Uganda Cranes, Uganda Kobs (U23), Uganda Hippos (U20), Uganda Cubs (U17), Uganda U15 and the Sand Cranes

The Women’s teams are; Crested Cranes, the Women’s U20 and Women’s U17.

Stories Continues after ad