Stanbic Bank
Stanbic Bank
21.2 C
Kampala
Stanbic Bank
Stanbic Bank
Home Blog Page 820

Bobi Wine: Attempt on Gen. Katumba’s life shows that lawlessness doesn’t only affect common citizens

Bobi Wine

The former Presidential candidate Robert Kyagulanyi Sentamu aka Bobi Wine has said that the assassination attempt on Gen. Katumba Wamala life indicates that lawlessness does not only affect common citizens in the country.

Gen Katumba was yesterday shot at by unknown gunmen who were riding on motor bikes along Kisota road in Kisaasi. The incident left both his daughter Brenda Nantongo Wamala and his driver Kayondo Haruna dead. He is currently receiving Medical attention at Medipal International Hospital.

“The assassination attempt on Gen. Katumba Wamala which left his daughter and driver killed in cold blood is another indication that lawlessness does not only affect common citizens but also high ranking members of society,” Bobi wine said.

He further said the incident shows that no one is safe. “This is the painful reality that all Ugandans must all open our eyes to. My condolences to the family of Gen. Katumba and the family and we hope that he gets well soon,” he said.

Reports however indicate the Natongo will be laid to rest tomorrow at Kikandwa along Kalagi-Kayunga road. Earlier today, the General applauded everyone for saving his life.

Stories Continues after ad

Gen Katumba narrates his ordeal, applauds a boda-boda rider for rushing him to Malcom Healthcare

Works and Transport Minister, Gen. Katumba Wamala.

The outgoing Minister of Works and Transport Gen Katumba Wamala Gen Katumba Wamala has narrated his ordeal about yesterday’s attempt on his life.

Gen Katumba was yesterday shot at by unknown gunmen who were riding on motor bikes along Kisota road in Kisaasi. The incident left both his daughter Brenda Nantongo Wamala and his driver Kayondo Haruna dead.

The former Inspector General of Police (IGP) said he has no clue about the motive of the attack. He is currently receiving Medical attention at Medipal International Hospital.

He said while driving in the morning with his daughter, bodyguard and driver heading to my mother-in-law’s vigil, some terrorists tried to assassinate him.

‪”I survived, but my dear daughter Brenda Nantongo Katumba and my driver Kayondo Haruna died at the crime scene. I have no clue about the motive of this attack. There was no reason to end the lives of these innocent people. May their souls rest in peace,” he said.

“My injuries are not alarming. I had surgery last evening, and one of the bullets was removed. However, because of how the other bullet affected my arteries, it was not removed, and the doctors will advise on the way forward.”

‪He applauded the Commander in Chief, Yoweri Kaguta Museveni, for the care he has shown him and His phone calls are some of the reasons he is still fighting on.

“I would like in a special way to thank the boda-boda man who forced me on his boda so that I can go and get first aid. In the same spirit, I would thank Malcolm Healthcare Kisasi for everything they did to stop the bleeding. That first aid helped so much,” he said.

He lauded his escort, Sgt. Khalid Koboyoit for evacuating him from the crime scene as fast as he did and for shooting back at the terrorists. “Things could have been worse. I want to thank Medipal International Hospital for the care they are giving Me,” he applauded.

“I extend thanks to Bishop Samuel Stephen Kaziimba Mugalu and Pastor Robert Kayanja Ministries for personally reaching out and coming to pray for me at the hospital. Thank you and May God bless you. I thank the Speaker Jacob Oulanyah, Deputy Speaker, CDF Gen Muhoozi, and Maj. Gen Paul Lokech among other colleagues in the Uganda People’s Defence Forces for reaching out (to the hospital and the crime scene) as fast as possible. I thank Lt. General Proscovia Nalweyiso in a special way.”

“I thank my friends and colleagues in Parliament, former Ministers, PS, staff and friends from Ministry of Works and Transport, URA Commissioner General, UNRA staff, friends in the diaspora, Rotarians, especially Rotary Kampala Ssese, for the condolence and get well soon messages. I appreciate all of you,” he said.

“Lastly, I want to thank all Ugandans for the love and messages you have been sending my way. I promise to keep fighting for my life. I pray that one day soon, the terrorists that tried to assassinate me and took the lives of my daughter Brenda and driver Haruna will be brought to book.”

Stories Continues after ad

NSSF extends education project to rural public schools

Richard Byarugaba, NSSF MD, poses with students of Pioneer Primary School in Soroti

The National Social Security Fund (NSSF) has extended its Education Intervention Project to improve the learning conditions in government aided primary schools Upcountry.

The Fund will cumulatively have spent Shs 600m on the project, contributed by NSSF and other funding partners, Managing Director Richard Byarugaba revealed.

While addressing journalists at Pioneer Primary School, Byarugaba said that the Fund’s intervention is informed by reports that learning conditions in most public primary schools are below standard and could be a health hazard to the learners and their teachers due to the increase in enrollment in public schools.

“Government has done well extending free primary education to every corner of Uganda. However, with this expansion, the high enrolment numbers have led to overcrowding and pressure on available structures. Our intervention supports government efforts, by refurbishing existing structures as well as improving sanitation in our public schools,” he said.

Byarugaba said that in 2016, the Fund was approached by the Kampala Capital City Authority (KCCA) to support its education services directorate to refurbish old buildings and replace asbestos roofing common in Kampala schools that is a health hazard. The Fund has since last year expanded its intervention to other schools across the country.

“We started at the public primary level, where learners are most vulnerable, So far, 9 schools have benefited from this initiative to the tune of Shs 600m contributed by the Fund and our other partners.”

The 9 include St. Ponsiano Kyamula P/S, Nakivubo settlement P/S, Makerere Primary School, Kampala School for the Physically Handicapped, and Mbuya C/O P/S– all under KCCA.

Others are Pioneer P/S- Soroti, Mutolere P/S – Kisoro, Adwari P/S – Otuke, and St. Paul P/S – Nsambya, that have been earmarked to benefit this year

Byarugaba added that as a good corporate citizen the Fund is committed to supporting government efforts to improve learning conditions in public schools through its Education CSR initiative.

He appreciated companies that contributed to the funding through participation in the annual NSSF Kampala 7 Hills Run, a charity mini marathon across the seven historical hills of Kampala. The funding partners include Equity Bank, Stanbic Bank, Standard Chartered Bank, Umeme Limited, MultiChoice Uganda, Clarkson Insurance.

Others are ICEA, Kakira Sugar, CMA, URBRA, Nation Media Uganda, Vision Group, Simba FM, Galaxy FM, UBC, and NBSTV.

Alfred Enyidu, the Headteacher at Pioneer Primary School – Soroti, one of the beneficiary schools, said that the NSSF intervention will go a long way in enhancing quality education in upcountry schools which have for a long time been left behind.

“School buildings have previously been seen only as places where school is ‘kept’ and have only recently been considered as places that can directly support or inhibit learning. Learning conditions in schools have often been overlooked, yet also influence schools’ performance. NSSF has found the right area to intervene,” he added.

Stories Continues after ad

Victoria University vaccinates students, staff against #Covid-19

Victoria University vaccinates students, staff against #Covid-19

Victoria University has decided to vaccinate all its students and the staff against Covid-19 as a primary responsibility to keep its stakeholders healthy following the rise in the number of positive cases recorded daily.

The University management took the step to vaccinate as they don’t want to see the institution closed because of Covid-19.

”We are vaccinating all our students and staff because we have a primary responsibility to keep our stakeholders healthy,” said Dr. Lawrence Muganga, the acting Vice-Chancellor.

“Our students and staff have become safer as well as their families and communities. We are proud of ourselves,” he said.

He said 80 percent of the students have been vaccinated at the university premises as well as 97 percent of the staff.

“We don’t plan to sack anyone who refuses to be vaccinated but those who don’t will work from home,” Dr. Muganga added.

The Ministry of Health organised a mass Covid-19 vaccination camp at Kololo Independence Grounds to increase access to vaccine and tame the surge.

President Museveni said he would open the country fully if 4.4 million Ugandans are vaccinated.

Stories Continues after ad

Emirates kicks off summer with special fares

emirates plane

Emirates is offering special fares to popular destinations for visitors to enjoy their long-awaited summer holidays. Destinations like Dubai, the Maldives, Seychelles and cities in the US included in the offer require little to no quarantine so holidaymakers can pack for their long-awaited holiday with no stress.

The special fares to Dubai in Economy and Business Class also include a complimentary additional piece of baggage. All travellers are advised to check local travel restrictions.

The offer is valid for booking from today, 1 June until 14 June 2021 for outbound travel until 30 September 2021.

Emirates remains focused on taking the stress out of travel and has led the industry in protecting the health of its customers to ensure a feeling of safety and confidence when deciding to fly. Emirates customers travel with the assurance that the latest health and safety measures are in place at every step of the journey. The airline has also recently introduced contact-less technology to ease customers through Dubai airport.

Knowing their safety and wellbeing is looked after, customers across all classes can enjoy more than 4,500 channels of entertainment on ice, the airline’s award-winning inflight entertainment system, along with regionally inspired gourmet meals.

Emirates continues to lead the industry with innovative products and services that address traveller needs during a dynamic time. Recently the airline took its customer care initiatives even further with even more generous and flexible booking policies , an extension of its multi-risk insurance cover, and helping loyal customers retain their miles and tier status.

Stories Continues after ad

We already have clues to those killers – Museveni on Gen. Katumba’s attempted assassination

President Museveni

President Museveni has said they already have clues to the killers who shot at Works and Transport Minister Gen. Edward Katumba Wamala this morning.

Gen. Katumba was shot at in Kisota-Kisaasi on the way from his Najjera home. His daughter known as Brenda Wamala and driver Haruna Kayondo were shot dead.

In a statement on his twitter, the president also described the gunmen as pigs whom he said will be tracked down.

“The pigs who do not value life shot at Gen. Katumba killed his daughter and driver and injured him.  Condolences on the loss of the two Ugandans. I talked to Gen. Katumba twice on the phone. He is being well-managed,” Museveni said.

“We shall defeat the criminals as we did in the past. We already have clues to those killers. Besides, the new system of digital beacons on all vehicles and Boda Bodas will eliminate the misuse of vehicles and Boda Bodas to commit crimes.”

Museveni said it is unfortunate that the bodyguard didn’t shoot dead the gunmen who attempted to kill Katumba Wamala.

“I wish Gen. Katumba a quick recovery. The bodyguard should not have shot in the air. He should have shot to kill. We could be having a dead terrorist instead of scaring away the terrorists. His shooting saved Gen. Katumba by scaring the criminals away. However, killing one or more of the terrorists would have done the same and more.”

The General is currently admitted to Medipal International Hospital where he has assured the public that he is in a stable condition and will be fine.

Stories Continues after ad

Housing Finance Bank records growth as its assets hit Shs 1 trillion

Michael Karokora Mugabi, Managing Director, Housing Finance Bank

Housing Finance Bank (HFB) has registered an impressive performance during a Covid-19 suppressed environment. The bank’s asset base grew by 22% to Shs1.11 trillion up from Shs912.2 billion recorded in 2019. This now places the bank over the 1 trillion shillings mark, a feat achieved by very few banks, let alone HFB being the only indigenous bank in this class.

The bank registered phenomenal increases in its operating income by 22 percent, customer deposits by 17 percent and growth in net income by 17 percent. Additionally, the bank demonstrated a lot of agility in posting these results, which can be attributed to strong leadership and efficient processes.

Given the unpredictability of the operating environment during the year, coupled with a lockdown period, the bank’s loans advanced to customers slightly reduced to Shs551 billion, representing a 0.5% decline. The bank however still made a net profit of Shs20.6bn, placing it among the top 10 best performing banks in the country.

Notable also is that Housing Finance Bank only became a commercial bank in 2007, having previously operated as a Tier two mortgage institution. The bank’s dominance in the Housing Finance sector continues with its consistent command of over 60% share of mortgages in the country.

Unsurprising, the bank has also proposed Shs3 billion as dividends to shareholders, up from Shs2 billion in 2019, demonstrating consistent growth in shareholders’ returns year-on-year.

Commenting on the bank’s performance, Housing Finance Bank Managing Director, Michael Mugabi, emphasized the bank’s quick response to customers’ needs with several interventions and tailored solutions during the pandemic as key drivers for the 2020 performance.

“Our customer-focused initiatives enabled us to support business sustenance and resumption which is critical for sustained growth in key sectors of Uganda’s economy. We rose to the challenge posed by the pandemic and I must say it took a lot of hard work and team effort behind the scenes. We remain hopeful as we embark on yet another financial year. We believe better things are yet to come,” Mugabi said.

He added that HFB engaged and devised restructuring plans aimed at keeping its valued business customers sustainably operational and competitive. “We also worked to ensure that personal clients whose income sources suffered due to the pandemic were adequately supported,” he added.

On service delivery, Mugabi said, the bank enhanced its presence on the digital platforms to ensure that the bulk of the bank’s services could be accessed over contactless channels.

The bank’s improved platforms include mobile banking, retail internet banking, corporate internet banking, MasterCard and Agent Banking Points among others.

According to Mugabi, HFB continues to reach out to more customers with focused value propositions in all aspects of life including housing, business, education, agriculture, and infrastructural developments for the social and economic development of Uganda.

“Housing Finance Bank looks at the future with increased optimism. We are happy to continually refine our value proposition in support of our customers’ growth aspirations as we all work to build our country Uganda,” Mugabi said.

Stories Continues after ad

FUFA Polls 2021: Magogo set to return unopposed as President

Moses Magogo

Moses Magogo is set to return as the FUFA president unopposed after the other candidates; Mujib Kasule and Allan Ssewanyana failed to acquire the requirements and signatures and to back their nomination.

Mujib was the first to opt out of the race after and now, Ssewanyana returned the forms but with some signatures missing. Only Moses Magogo returned the nomination forms with all the requirements fulfilled.

Last week, the FUFA Electoral Committee gave the Makindye West MP five more days to secure the signatures to complete his nomination. The days elapsed and Ssewanyana has asked the Fufa Electoral Committee to nominate him despite his failure to meet the requirements.

Through his lawyers, Ssewanyana says he has written to the association’s Electoral Committee to allow him to stand for the position without the requirements. However, the committee is yet to comment on Ssewanyana’s request.

Mujib withdrew from the race after claiming that the FUFA administrators refused to give him their signatures to back his nominations saying they had already endorsed Magogo.

“I did not return my nomination forms as expected because of the frustration in satisfying the nomination requirements needed,” Kasule said before adding; “This whole process is sham.”

He added that the whole nomination process was meant to frustrate any potential candidates. He said; “It was set up to protect the incumbent, it was set up to ensure that he went through unopposed.”

“The nomination process should never be meant to lock people out. It must give an opportunity to football people to choose the best candidate,” Mujib said.

Eng. Moses Magogo who is also the MP for Budiope East constituency is now set for his third term in office.

Magogo has been at the association’s president since 2013 when he replaced Lawrence Mulindwa who decided not to stand for a third term. He has been voted as president on two occasions, both unopposed. His current tenure expires on August 31, 2021.

FUFA set Saturday August 21, 2021 for the upcoming general polls during this year’s Ordinary General Assembly to be hosted in Mbale where they will elect the new FUFA President and Executive into office for a four year term. A total of 88 delegates will take part in the elections.

Stories Continues after ad

Gen Katumba Wamala: I will be fine, God has given me a second chance

Works and Transport Minister, Gen. Katumba Wamala.

The outgoing Minister of Works and Transport Gen Katumba Wamala has assured the public that he is in a stable condition and will be fine.

The ailing and frail General is currently admitted to Medipal International Hospital after being shot at by unknown gunmen who were riding on motor bikes along Kisota road in Kisaasi. The shootout led to the death of his daughter Brenda Wamala and their driver.

“I will be fine, but bad guys have killed Brenda. Brenda did nothing to this world but the bad guys have taken her life,” he said while at Medipal Hospital.

“The bad guys have done it but God has given me a second chance. I will be fine. I’m with the doctors and they are doing everything possible. I love you guys but please pray for mummy because she’s in a terrible state.”

During the incident, Gen Wamala and his body guard sustained injuries especially on their upper parts of the body.

Earlier Brig Flavia Byekwaso the spokesperson of Uganda Peoples Defence Forces (UPDF) said the general is out of danger.

“Gen Katumba Wamala is now safe after undergoing surgery for his injuries sustained in an assassination attempt on his life. Military officials are yet to see him,” she said.

Stories Continues after ad

Court orders Attorney General to file his response in the matter against the appointment of BoU’s Twinemanzi

Dr. Tumubweine Twinemanzi the Director of Supervision in the Bank of Uganda

The High Court has ordered the Attorney General to file his response in the matter where a renowned Journalist Mukose Arnold Anthony is challenging the appointment of Dr. Tumubweine Twinemanzi the Director of Supervision in the Bank of Uganda.

The order follows respondent’s failure to file their response to preliminary objections they raised. According to Court documents, Attorney General said the Applicant has no locus to sue them and filed the matter out of time. The Attorney General also said that the applicant is using classified documents which are only supposed to be in possession of the Attorney general and Bank of Uganda.

Applicant’s lawyer Kizito Ssekitoleko lawyer has since said that he has not received any response from the Attorney General.

Justice Philip Odoki has scheduled 23rd and 30th for response and rejoinder. He told the court that the ruling will be delivered on notice given the fact that they have a lot of election petitions which have timelines.

In February 2018 Tumusiime-Mutebile made staff changes where he fired former executive director of supervision Justine Bagyenda and replaced her with Dr. Tumubweine Twinemanzi.

According to the Presidential Tripartite Committee, in February 2019, Mutebile unethically recruited new staff in a massive staff restructuring process that took place on February 7, 2018. The 10 member Committee led by Bugweri County MP Abdu Katuntu that was instituted by President Yoweri Museveni found out that Mutebile flouted procedures in the recruitment of top directors and managers.

However, the committee in its probe observed that whereas Dr. Tumubweine claims to have obtained a first class degree, he got a pass degree which is below the required minimum qualification for the position of Executive Director in charge of Bank Supervision.

Through his lawyers of Kwesigabo, Bamwine and Walubiri Advocates, Mr. Mukose wants the court to declare the appointment and confirmation of Twinemanzi null and void.

“Mutebile’s decision to appoint Twinemanzi as the Director of Supervision without board resolution before 24 August 2020 contravened section 28 (1) of the bank of Uganda Act and therefore all the process was inconsistent with the law, procedurally irregular, illegal, null and void,” Mukose said.

He also wants the court to order for termination of Twinemanzi’s appointment letter and the Bank of Uganda take all lawful, credible, transparent and proper action to source and recruit a qualified person to the office of the executive director in charge of supervision in the Bank of Uganda.

Stories Continues after ad