Category archives for: Uganda

Ugandan Bank Fails to Sell All Shares in Mixed Trade

By Bernard Busuulwa

DFCU Bank Ltd’s rights issue was undersubscribed by 4.79 per cent, raising Ush190.67 billion ($52 million) against a target of Ush200 billion ($54.6 million) in a transaction characterised by strong institutional investor appetite and low uptake from retail investors.

The bank’s share price fell shortly after listing of the new shares.

Latest data compiled by Crested Capital, a Ugandan stock brokerage and investment advisory firm, shows that the DFCU rights issue recorded a subscription rate of 95.21 per cent as 250.88 million shares, priced at Ush760 ($0.21) per share, were absorbed.

Some 263,157,895 new shares were on offer, with an allocation ratio of 0.53 to one rights share issued. Abandoned new shares were 12.63 million, valued at Ush9.6 billion ($2.6 million), the data shows.

The rights issue was concluded on September 25 and the new shares floated on the Uganda Securities Exchange on October 10, 2017. The total number of listed shares on DFCU’s counter rose from 497,201,822 shares to 748,082,989 while its market capitalisation grew to Ush561.06 billion ($153 million).

Whereas most institutional investors took up their rights shares, we could not point out specific reasons for the high uptake within this segment.

Arise B.V., DFCU’s largest shareholder increased its stake from 55.08 per cent to 58.71 per cent while the National Social Security Fund increased their interest from 6.28 per cent to 7.69 per cent.

The Kimberlite Frontier Africa Naster Fund L.P-RCKM increased its stake from 5.93 per cent to 6.15 per cent while SSB-Conrad N Hilton Foundation-00FG raised its stake from 0.97 per cent to 0.98 per cent.

Vanderbilt University increased its stake from 0.8 per cent to 0.87 per cent while the Bank of Uganda Staff Retirement Benefits Scheme managed by Stanlib Uganda slightly expanded its stake from 0.58 per cent to 0.59 per cent.

In contrast, SCB Mauritius a/c CDC Group saw its shareholding drop from 15 per cent to 9.97 per cent, a change partly attributed to the company’s desire to exit the business after a 50-year relationship with DFCU while Banque Pictet and Cie sa a/c Blankeney L.P saw its shareholding fall from 0.95 per cent to 0.63 per cent, the data revealed.

DFCU Bank Ltd boasts of 10 institutional investors on its shareholder list that currently hold 88.81 per cent shares, a factor that leaves its fate in the hands of large, deep-pocketed investors.

However, the overall shareholding pegged to retail investors dropped from 12.96 per cent to 11.19 per cent, suggesting low appetite towards the transaction among individual investors.

While some institutional investors were apparently motivated by hopes of a smooth integration of DFCU Bank’s operations with those of the former Crane Bank that it acquired in January, stronger demand for credit, backed by steady declines in the benchmark policy rate and projected economic recovery, retail investors appeared discouraged by insufficient information on the acquisition, The EastAfrican has learnt.

A higher rights issue offer price of Ush760($0.21) compared to a previous trading price of Ush758 ($0.207) also put off many retail investors, with most of them preferring to buy new shares at the USE instead of taking up allocated rights shares.

The Bank of Uganda cut its Central Bank Rate by 0.5 per cent to a record low of 9.5 per cent this month, signalling a further decline in interest rates that’s badly needed to accelerate credit demand and economic growth that grossed just 3.9 per cent at the end of 2016/17.

Uganda Sports Official Nuwagaba Dies On Plane to Dubai

By The Independent

Kampala, Uganda | THE INDEPENDENT | Godfrey Nuwagaba, the treasurer of the Uganda Olympic Committee (UOC) is dead. The long time Uganda Athletics Federation (UAF) official died on an Emirates flight that was headed for Dubai on Monday evening.

UAF president Dominic Otuchet confirmed the news, describing it as a big loss to Ugandan sports.

“I talked to him three times before he left Entebbe, only to get news from UOC’s William Blick this morning that tragedy had struck in Addis Ababa,” Otuchet said.

“Because of his abilities he had many responsibilites, including being manager of many of our top athletes like Stephen Kiprotich.”

The cause of death is yet to be established but reports indicate that because of an emergency onboard, the Emirates plane headed to Dubai from Entebbe was diverted to Addis Ababa.

Nuwagaba was confirmed dead on arrival in Addis Ababa.

We have learnt with profound shock of the sudden and tragic passing of our Treasurer Godfrey Nuwagaba. More details will be provided. #RIP

— NOC UGANDA (@Official_UOC) October 17, 2017

RIP Godfrey Nuwagaba, you have run your race. Ugandan athletics will not be the same again without you @Official_UOC

— Mark Ssali (@MarkSsali) October 17, 2017

Nuwagaba was reportedly traveling with his wife and child to Dubai on a business trip. He was an educationist.

The former long distance runner has been a key figure in Ugandan sports for the past decade where he has rises to treasurer of the athletics body UAF and Uganda Olympic Committee.

His last assignment was in July, when he headed the Uganda team at the Commonwealth Youth Games in Bahamas. Uganda won one medal, a gold by Josephine Lalam Joyce in the javelin.



Age Limit – Cabinet Minister Supports Amendment to Survive

A Cabinet minister has admitted that he supports the lifting of the age limit for presidential candidates from the… Read more »

Age Limit – Cabinet Minister Supports Amendment to Survive

By Nelson Wesonga

Tororo — A Cabinet minister has admitted that he supports the lifting of the age limit for presidential candidates from the Constitution because he wants to “survive.”

“Those of us who are old, we want to survive,” Mr Peter Lokeris, the state minister for Mineral Development said on Monday in Tororo District, where he had gone to commission a 10-megawatt Tororo Solar North power plant.

When the Daily Monitor asked him to clarify, he said he meant they [old politicians] want to live longer.

“It is not about food or a Cabinet post. It is to live, to enjoy life – with or without a job,” he said.

During his address on Monday, Mr Lokeris said the young and the middle-aged Ugandans who have issues with elderly politicians should know that they, too, will grow old.

The Karamojong in north-eastern Uganda, he added, believe in the leadership of elders.

He said since the elders are grounded in history, ‘we think we can benefit from them’.

Currently, many Ugandans are engaged in a fierce debate over the Constitutional Amendment Bill, 2017, that seeks, among other proposals, to remove the age limit caps for presidential candidates.

The Constitution in its current form bars people who are less than35 years and above 75 years from contesting for presidency.

Unless it is amended, President Yoweri Museveni, 73, will not qualify to contest in 2021 because he would be 77 years old.

Proponents of the bill say, Mr Museveni, who has been in power for 31 years, should be given another “opportunity” to contest again in 2021 and lead the country for another 5-year term.

Opponents of the proposal say the culture of changing the Constitution to benefit one individual should be stopped.

Mr Museveni, who had many months back dismissed the Members of Parliament who were pushing for the lifting of the age limit, now says the age caps are discriminatory.

“The current legal regime is discriminatory against Ugandans who are below 30 and 35 for the offices of district chairperson and president respectively… These amendments are harmonising the current legal regime that is discriminatory… ” Mr Museveni said during a recent caucus meeting for the ruling National Resistance Movement legislators

Mr Museveni also argued that Nelson Mandela became President of the Republic of South Africa when he was 76-years-old.

However, some senior citizens of Uganda, among them the former Prime Minister, Apolo Nsibambi, a political scientist, former Chief Justice Wako Wambuzi , former Principal Judge James Ogoola under their Elders Forum warned against the scheme to remove the age limit.

Beyond Term & Age Limit Is the Besigye-Museveni Nexus


Today, it is the age limit constitutional crisis debate in Uganda. Yesteryear, it was the term limit debate.

In both scenarios, some Ugandans called for a referendum on the matter. And in both situations, the Uganda Constitution provides room for constitutional amendment of both articles by parliament.

Yesteryear, Museveni (not the president), seemed not visibly bothered by such thorny provisions in the Constitution on term and age limits. He never raised his voice on the two issues (like he has done on land matters of late). But today, Museveni, although not openly, seems to take keen interest in these issues with veiled warnings.

Yesteryear, Dr Kizza Besigye (it is alleged), during the Constituent Assembly, did not support the inclusion of the provision on age limit. Today, he is opposed to the removal of the same provision.

The above scenarios point to the bitter fact that people, and people’s views, change over time and over changing circumstances.

But they also point to the Museveni-Besigye nexus in these political matters. They point to a kind of hide-and-seek game between Museveni and Besigye.

Unfortunately, when and where two elephants (bulls) fight, it is the grass that suffers. There may be something behind the curtain between Museveni and Besigye, beyond term limit and age limit provisions in the Constitution, that prompts this apparent political turmoil and debate.

Remember, removal of term limits from the Constitution was introduced only after Besigye had stood against Museveni in a presidential election and lost to the latter. And Besigye then vowed to stand again, presumably, after Museveni’s Constitutional two-term limits would have elapsed in 2006.

Also remember, the debate on the removal of the age limit provision from the Constitution has been introduced now after Besigye stood against Museveni in the 2016 presidential election and, for the fourth time, lost to the latter.

And he (Besigye) allegedly vowed to stand again, presumably after Museveni’s Constitutional 75 years age limit would have elapsed by 2021.

It looks like (it may not be true) the two elephants (Museveni and Besigye) are nursing personal vendettas against each other, which are sought to be settled by a political score in a political game.

Imagine, if the scenario of the Museveni-Besigye nexus were not there, probably the term limit and age limit constitutional amendment crises would not have arisen, or, otherwise, it would have been handled differently, probably through a referendum.

What if Museveni and Besigye finally left the stage? Because it seems neither is willing to leave the stage until the other did so. The ultimate decision is with the electorate.

Joseph Wasswa Ziritwawula

Former Kampala mayor.

Word of commiseration to Ugandans

I commiserate with peace-loving Ugandans who watched the recent degeneration in parliament.

I commiserate with Ugandans in whose face exile is staring because of intense anxiety.

I commiserate with ex-police officers with distinguished service who must contend with the police force in cahoots with Boda Boda 2010 or other goons as they assault Ugandans.

I commiserate with journalists and media houses facing self-censorship for fear of repercussions of objectivity.

I commiserate with the civil society fraternity, some of whose members have been deliberately co-opted into lulling Ugandans into passive citizens; unable to demand accountability.

I commiserate with the disappointed voices of reason for a national dialogue since February 2016 as principals jeopardize Uganda’s future.

I commiserate with… … ..God knows!

Meantime, some observations are discernable: one, the state needs to revise Aikido notes, if any, or get schooled in that art.

It’s basically the art of wearing out a giant rival just by provocation, not retaliation, so that he/she blunders repeatedly.

The regulatory framework like the Public Order Management Act and parliamentary rules of procedure in favor of the NRM may actually turn out to be the regime’s undoing!

If application of the law becomes suspect, its enforcement emboldens the ‘violators’ and tests their resilience.

Wilson Bbosa,

Put rabies vaccine in all hospitals

I appreciate the government’s effort, especially Kampala Capital City Authority, in fighting stray dogs in the city through killing and poisoning them.

However, I recently read an article and noticed that many hospitals around the country receive cases of dog bites but lack the vaccine to treat victims.

Even those that have the vaccine sell it expensively. A rabies vaccine ranges from Shs 35, 000 to Shs 150, 000 depending on the hospital or clinic you go to. This shows that government needs to ensure that more hospitals in the country have the vaccine.

According to KCCA, there are about 20,000 dogs in the city, and 6,000 of these roam the streets and have no known owners.

In 2016 alone, at least 300 school children were bitten by stray dogs in Kampala. Rabies is a viral disease caused by dog bites that causes acute inflammation of the brain and, if not treated, can even cause death.

I have a friend who was bitten by a dog a few months ago but when she was rushed to the nearby clinic, she was bluntly told to go to the Animal Health Research Centre in Entebbe to get the rabies vaccine.

The distance from the city centre to Entebbe is considerably long, which is unfair, and that is why I think the vaccine services should be brought closer to people.

Natasha Mariam,


Prosecute human rights violators

Ugandans should stop being docile on human rights issues.

There are two interesting events that happened recently; one, the beating up of school children by Boda Boda 2010 and two, the throwing of grenades into MPs’ homes.

Point two can also be investigated under international terrorism – read about these laws. Uganda is a member of the International Police Organisation.

What Ugandans need to do is to start a legal process in, say, Belgium, first by seeking counsel from a popular human rights or children rights lawyer in that country.

Dan Bwanika,


Woman Battles Skin Cancer for 15 Years

By Tausi Nakato

Kamuli — When you hear Ms Alaisa Naibira, who is living with albinism, speak on phone, she sounds like a person suffering from flu or sinuses.

But this is not the case. The 52-year-old widow and a mother of six has been battling skin cancer for 15 years.

When Daily Monitor recently visited her home in Bugondha Village, Mbulamuti Sub-county in Kamuli District, her mouth, nose, and left part of her face was been eaten up.

With a round cap on her head, a shawl hanging on her shoulders and a white piece of cloth covering part of the face, Ms Naibira speaks with pain.

Albinism is a range of disorders caused by a reduction or absence of the pigment melanin, often causing white skin, light hair, and vision problems.

The condition affects an estimated one in 17,000 people globally.

“It was in 2002 when I was about to reach home that is when a speeding vehicle knocked me and I developed minor injuries under my nose and in the back. I was admitted at Jinja Regional Referral Hospital for four days but despite getting treatment, the injuries spread to the lower part on the nose,” says Ms Naibira.

“In 2003, I returned to the hospital after feeling more pain and developing a lump under my upper lip. I was operated on and the lump removed,” she adds.

Ms Naibira recollects of how the pain persisted and that when she returned to the hospital, doctors warned her that she was likely to suffer from skin cancer.

In 2010, when she re-visited the same doctors after her situation worsened, they advised her to visit Nyenga Hospital, which also referred her to Mulago National Referral Hospital.


Her trip to Mulago that year confirmed her fear; doctors diagnosed her with basal cell carcinoma, a cancer that grows on sections of a skin due to exposure to a lot of sunshine.

“The cancer had also started eating up my nose and the lower lip, prompting the doctors at Mulago to ask me to allow that my skin around the thighs be cut to cover up the affected part (wide excision) so that they can do skin drafting,” Ms Naibira recollects.

She continues: “I refused because they asked for Shs5m for the operation, which I didn’t have at that time. Secondly, I was tired of operations because that was to be the fourth one, and thirdly, I had feared that doctors could connive with traditional healers to sell off some of my body parts during the operation because they are reportedly marketable.”

Between 2011 and 2012, she says a group of people from America treated her twice at Danida Village, Walukuba Division in Jinja and that the wounds seemed to have improved.

“From 2014 to date, the cancer has continued eating up my face. Hospice Uganda is now giving me drugs every two weeks. They (drugs) don’t cure but prevent the wound from smelling. They also give me pain killers and drugs to help me sleep,” she adds.


Ms Naibira says she only feeds on eggs and drinks.

“The situation is bad. The cancer raptured most of my face that I can’t eat properly. I can only eat eggs, porridge and milk yet they are very expensive and sometimes I can’t afford,” she adds.

Ms Naibira, who is being taken care of by her 24-year-old daughter, Hajira Nazerena, says she is financially incapacitated because she can’t dig as frequently as she used to.

She adds that she has sold almost everything that she owned to access treatment.

Naibira’s condition

Dr Dean Ahimbisibwe, a general practitioner, who retired from Jinja Regional Referral Hospital, explains that Ms Naibira’s condition (carcinoma) is likely to eat her whole face and head.

He adds that if it was Malignant Carcinoma, it would have already spread to other parts of the body because it spreads so fast and that if she had accepted the wide excision at Mulago, she would have been okay because hers is benign carcinoma.

“Naibira is in her late stage of skin cancer and even if they cut a piece of her flesh, it will not respond because cancer has already eaten the skin and muscles,” Dr Ahimbisibwe says.

He says many persons with albinism die of skin cancer because they lack the enzyme that produces melanin, a substance that gives skin, hair, and eyes their colour.

The chairperson of the Source of the Nile Union of Persons with Albinism, Mr Peter Ogik, says 80 per cent of people living with the condition die of skin cancer.

“The number of young ones dying are more than the aging ones because most of them die before 50 years of age and since December last year, eight have died of skin cancer in Busoga sub-region,” he says.

Mr Ogik adds that the association has a membership of 500 albinos, half of whom suffer from skin cancer.

He also says many albinos cannot afford sunscreen cream, which helps in preventing skin cancer.

Mr Ogik says they are currently focusing on early prevention.

Hoping for better

Meanwhile, Ms Naibira says she has hope of being declared cancer-free if someone gets her the right drugs that can dry her wounds.

“Allah is with me. I will survive. I don’t care whether my face remains as it is. The only worry is that it has refused to dry but I am not the only one with such a problem. Even those with cleft mouths exist. Currently, the pain is too much and is threatening my life. Sometime, I suffer from flu and cough and I struggle with such diseases in this condition,” she states.

Why You Should Sit Less

By Gillian Nantume

If you spend the better part of your work day sitting in front of a computer or sitting at a desk shuffling papers, you are heading for trouble. It is not for nothing that wellness doctors advise 20 minutes of exercise every day. The advances in technology have made it such that we spend more time sitting down, whether it is at the office, at home, or while on travel.

Look at it this way, every morning, once you wake up, you sit on your bed for a few minutes, trying to orient yourself. Then, you sit down to apply your make-up and take breakfast. You spend at least one hour sitting in the car to work due to traffic jam. Then, you spend the entire day at your desk, before driving home, where you will sit to have supper and watch TV before sleeping.

Roughly we spend about seven to eight hours sitting a day, but this is not good for our health.

Back problems

Your sitting posture may be hurting your back, especially if you do not use an ergonomic chair. (It fits the user’s height and other body dimensions so as to support healthy body mechanics). It is difficult to maintain a straight-back sitting posture all day; at some point you will have to slouch.

Eric Katende, a physiotherapist with Friends Poly Clinic, says sitting for long hours without standing up to stretch or walk around for ten minutes has a bearing on the lower spine.

“When you sit, your legs do not carry any weight and neither does the upper part of your body.

This means that all the weight of the body is concentrated around the centre, pressuring the lumber region of the spinal code.”

The lumber region of the spinal code carries most of the body weight and is also flexible, permitting movement.

“If you sit for many hours the bones in the lumber vertebrae are being strained,” Katende says, continuing, “This makes them susceptible to wear and tear over time. Sitting for long periods overtime will cause the muscles holding those small bones to squeeze the bones, and this is when backache will set in.”

Wilbroad Makumbi, a physiotherapist with FUBA, says joints were made for motion so every time they are not being used, they become stiff and painful. “The muscles around them become weakened. Sitting for long hours stiffens the small joints in the vertebrae, flattens the lumbar curve, and causes the muscles to waste away.”

This exposes one to accelerated disc degeneration to the extent that when such a person engages in work that involves lifting or bending, they are at risk of acute low back strains or disc prolapses.

Neck pain

Nowadays, in an attempt to protect their backs, most people who spend the whole day sitting at work try to sit with their backs straight. According to Katende, this is wrong.

“Young people like to sit on the edge of their seats, and then make their backs straight. This posture will put a strain on the neck. The lower spinal code is supposed to be slightly carved when you are sitting down.”

Do not sit in the same position for more than 30 minutes. Change your position often as is practicable and take time to walk around at least every hour.

Ergonomic desk chairs usually have lumbar supports that can uphold your lower spinal code in the right position.

However, if you do not have access to such a chair, use a small pillow or rolled up towel to support your back when you sit. Make sure not to use a large pillow because it will place your spinal code in an awkward position.

“If you are hunched over your computer, chances are that your shoulders and neck will also suffer,” Katende advises.

Gaining weight

It goes without saying that exercises are core to maintaining a healthy weight. So, if you are sitting down the whole day, the weight is piling on, especially around your abdomen and behind.

Katende says: “Long hours without exercise will lead to flabby muscles. In their 30s, men put on weight around the abdomen while women put on weight around the hips. A lot of weight gain around the abdomen will strain the lower back.”

Damage to the internal organs

The more you move about, the more your muscles burn fat and blood flows more easily through the veins. A sedentary lifestyle can lead to high blood pressure, high cholesterol levels, and cardiovascular disease.

“There is a possibility of a cumulative effect of sitting down for too long, over a number of years,” Katende says, adding, “It is possible that the nerves that connect the back to the abdomen could get damaged.”

Besides, sitting for too long slows blood circulation, leading to swollen ankles, varicose veins, or more seriously, blood clots.

Tips on getting by

If your job involves long sitting periods, you should:

– Find a reason to get up every hour and walk around.

– Drink a lot of water – at least, you will be walking to the toilet often.

– Make sure to exercise at least 150 minutes a week.

Deloitte – Uganda Economy Can Expand With Better SME Financing

By Julius Businge

Audit firm Deloitte says Uganda’s economy could expand further once cheap financing to small and medium enterprises is offered.

“With sufficient financing and access to business advisory services to foster continual improvement of operational efficiency and productivity, SMEs can become more competitive and resilient, drive innovation and be sustainable in today’s competitive economic landscape,” said Lilian Lwantale, a senior manager for advisory, strategy and operations at Deloitte Uganda Limited in a notice dated Oct.16.

Lwantale said in the advent of the digital age, financial institutions in Uganda have to rethink the role of banks in the SME banking space to address the financing gap and capitalise on the SME banking opportunity.

Available data indicates that the SME sector employs over 2.5 million people (90% of the entire private sector) and generates 80% of manufactured output which contributes 20% of the gross domestic product (GDP).

According to Lwantale, less than 40% of SMEs in Uganda have access to bank loans and approximately 80% of the SMEs are unserved or underserved by financial institutions.

She said that financial institutions need to design products that relate with the nature of SME operations so as to make them more relevant to Uganda’s economy.


Byandala Has Case to Answer in Mukono-Katosi Road Saga

The head of the Anti-Corruption Court Justice Lawrence Gidudu has ordered former Works Minister Eng. Abraham Byandala… Read more »

Byandala Has Case to Answer in Mukono-Katosi Road Saga

Photo: Michael Kakumirizi/Daily Monitor

Former transport and works minister Abraham Byandala, left, appearing with Ssebugga Kimeze, centre, and Joe Semugooma before the anti-corruption court in Kololo recently.


The head of the Anti-Corruption Court Justice Lawrence Gidudu has ordered former Works Minister Eng. Abraham Byandala and six others to defend themselves against charges of causing government a Sh24.7 billion loss of funds meant to upgrade the Mukono- Katosi-Nyenga road in 2013.

Justice Gidudu on Monday found a prima-facie case against each of the accused persons basing on the evidence of 23 prosecution witnesses.

Justice Gidudu wants Byandala in particular to explain whether it was a policy directive for him to direct Uganda National Roads Authority (UNRA) to sign a contract with Eutaw Construction Company, and if so, if that directive laid before parliament and gazetted as required by the UNRA Act.

The judge also wants Byandala to explain the manner and tone he used in the letter he wrote to his junior minister John Byabagambi, while defying the IGG’s directive to have the said works halted.

As for former UNRA Executive Director Eng. Berunado Kimeze Ssebbugga, the judge wants him to explain why he communicated the award and signed the contract in the circumstances where the identity of the contracter and the capacity of the construction company were clearly in question.

Other UNRA officials who also have a case to answer are Joe Ssemugooma, Wilberforce Senjako and Marvin Baryaruha who is accused of having misadvised his employer into signing the said contract with Eutaw construction company before due diligence was carried out on the allegedly suspicious company.

There is also city businessman Apollo Senkeeto who is to defend himself against allegations of theft of sh24.7 bn when he falsely held out as the representative of Eutaw Mississipi, the company that was given the award.

Another suspect is the former Housing Finance Bank official Isaac Mugote who aided Senkeeto to access money from UNRA.

In reply all the accused persons have told court that they will give their defense on oath but Senkeeto asked for security protection on that date because his evidence might be of bad test to people of influence.

Justice Gidudu then adjourned the matter to October 30, 2017 and promised to handle Senkeeto’s request administratively.

More on This

Former Minister, Co-Accused Ordered to Defend Selves Over Road Scam

Court in Kampala has ordered former works minister, Abraham Byandala and his co-accused persons to defend themselves in… Read more »

Besigye Wants Damages for Breach of UBC Contract


Kampala — Former FDC party presidential candidate Dr. Kiiza Besigye has finally testified against the Uganda Broadcasting Corporation (UBC) for refusing to run his 2011 presidential campaign adverts.

Besigye and his witness Dan Wandera Ogalo, an advocate of the High court, testified before Justice Magret Oguli-Oumo but were also cross-examined by UBC lawyer Kiryowa Kiwanuka.

In response, UBC also called its sales executive at the time Brian Pachuto who confirmed to court that Besigye’s adverts were not run, but the money was refunded to him.

Pachuto who issued the time orders to run the said adverts has told court that much as Besigye had provided content for his adverts , the UBC editorial team was not there to approve the said content.

However, even though Besigye acknowledges the pay back of his sh21 million, he still wants UBC to be condemned for breach of contract and for unfairly treating other candidates by giving them little air-play.

Besigye claims the NRM candidate was given 90 percent of the air play on UBC and the rest of the six candidates had to share the remaining ten percent, something he thinks he was descriminatory of his political affiliation.

According to the suit , UBC is being sued jointly with it’s then former Managing Director Edward Musinguzi for allegedly receiving Dr. Besigye’s money from his media agent Big Ideas to run over 200 spot messages but the duo chose to breach their contractual obligations.

Justice Oguli said she will deliver her judgment on February 05, 2018.


Byandala Has Case to Answer in Mukono-Katosi Road Saga

The head of the Anti-Corruption Court Justice Lawrence Gidudu has ordered former Works Minister Eng. Abraham Byandala… Read more »

Namayingo Suspends Two Mining Firms Over Licences

By Ronald Ssebe

Namayingo — Namayingo District has suspended two mining companies for allegedly lacking mineral extraction licences.

The Resident District Commissioner [RDC], Mr Sylvester Opera, last week revealed that the mining companies – both from Tanzania and trading under one name, ALJOUDA – are illegally evicting residents from their land and are operating without genuine mining licenses.

A 2007 report by the Department of Geological Survey and Mines in the Ministry of Energy and Mineral Development revealed that Namayingo District was endowed with minerals like gold and limestone.

Places with traces of gold include Sigulu Island, Nakudi Village, Bukana Village, Banda Sub-county and Simasa, among others.

“We only see pseudo companies extracting minerals in our areas. As a district, we are being left out from enjoying our gold,” he said.

“Whenever we ask them, they say they were cleared by government, leaving us wondering whether government has started giving out mineral exploration licences to private miners instead of extraction licences,” he added.

Mr Opera noted that the companies started extracting gold in Banda village in 2008 and since then, the district has not benefitted from the mines. It is for such reasons that the district council passed a by-law, stopping such companies from extracting any minerals until they sign a memorandum of understanding [MoU] with the district on what percentage they remit.

The RDC added that they have since 2009 been asking the companies to give the district a fair share of the revenue from the minerals and avail extraction licences but in vain.

Ms Miriam Akeno Mayanja, a councillor representing Namayingo Town Council and Buyinja, where gold mining is taking place, says the council, which sat on September 8, resolved to suspend the companies from extracting gold and any other minerals.

“They [companies] told us that they were cleared by government but when we told them to produce their licence, they failed. We are not going to allow thieves masquerading as companies to steal our gold which is the only rich asset we have,” she said.

The District Woman MP, Ms Robinah Mukisa, said the companies have no right to evict residents from their land.

“We want companies that will work with the residents and the entire district not those that will make our people onlookers as they extract their minerals,” she said.

“Companies which were stopped from extracting gold for lacking valid licences will be forced to compensate people for the damages caused on their land,” she added.

Without quoting figures, Ms Mukisa said the district has lost revenue in the past nine years as a result of illegal mining by such companies.

The district chairman, Mr Ronald Sanya, asked government to inform local governments of the mining licences it awards to private companies.

Authorities speak out

“There would be no reason to stop these companies from mining if government had informed us about them or if it is true they were cleared by government,” he said.

Mr Sanya said he is worried residents who own land around the gold mines might become squatters if such companies continue evicting them, claiming they were endorsed by government.

Since gold mining in Namayingo has become a lucrative business, people have started living in fear of being evicted from their land.

Mr Mutwalibu Balaba, the chairperson of Nsango Gold Mine, said they are hearing rumours of how they will be forced out of their land to allow mining companies to do their work.

Mr Peter Okware, a miner at Nsango gold mine, says he is worried because most youth working in the mines might become iron bar hit men should they be chased away.

Subscribe To Our Mailing List

* indicates required
/ ( mm / dd )

Featured Links

    Search Archive

    Search by Date
    Search by Category
    Search with Google
    Log in | Designed by Gabfire themes