Bosco warns bureaucrats of sacking: They are his scapegoats for the lack of foreign investors!

President Yoweri Kaguta Musveni does not miss a beat; he skips on every track and sings his tune. He is never to blame and his patronage or his growing bureaucracy to blame. No, it is the ones that is hired to do the work, not the legislation, he passes through the Parliament, or from the State House even; no, it is the bad-boys in the offices, which are enforcing them. The big problem are the ones following the guidelines and following the rules, which the President has put up over time. Clearly, Bosco have forgotten that memo or these laws for that matter. It is his own words, and actions that tends to end up in scriptures that people has to follow. Not like they are blindly swallowing air at the offices, they are following the protocols and the rules of the day. Which have been implemented over the 32 years the President has resided over the main post of the nation.

“President Museveni warned lazy and bribe-taking bureaucrats to resign or risk being sacked. “We still have these lazy armchair officers at the different offices who continue to disturb our people; the investors. I will chase all these saboteurs,” he said. Investors must be facilitated to bring in expert skills, Mr Museveni said, instead of being frustrated through increased work permit rates and other bureaucratic procedure” (Dan Wandera – ‘Chinese are doers not talkers, says Museveni’ 01.10.2018, link: http://mobile.monitor.co.ug/News/Chinese-Museveni-Tiles-Nakaseke-Kyambadde-bureaucrats/2466686-4785104-format-xhtml-y40t4fz/index.html).

Therefore, Mr. President. You should look into the rules, the regulations and the laws that you have enacted, as the bureaucrats are following them and abiding them. They are making it slow, because the process you have built for them. If it was slim and easy laws to process and security check the investors, then the bureaucrats would do that, however, the NRM and you Mr. President has made it this way. They are most likely also giving you a Presidential Handshake to able to spend fortunes in the nation too. You know this and the state organizations knows too.

Instead of sending warnings of firing and calling them saboteurs, maybe, you should look into the laws, the regulations and use your NRM Caucus to implement changes that opens the gates for investors and also financial transactions in the country, as rigid it is today. That is why people are tending not to remit or sending funds, as the expenses for doing so is bananas. That is why you should use your powers for something good and not just order the army to solve crisis. But before you do that, maybe, just maybe, look into the plenty of laws that is enacted and active. Which are hampering foreign investors. That is if, you really care.

At this moment, you are just using the patronage, the cronyism you have created as a scapegoat. Not to make the state better or the financial climate either. Peace.

LSK sue the Kenyan government over the Finance Act of 2018 (28.09.2018)

Opinion: Ssekandi you should talk to your boss, because he is the one that creates the insecurity!

There is times for the ones in power to called upon their bullshit. This sort of comments is foolish. It is not like the opposition has the army or have the police at their beckoning-call. They are following orders from above high and the authorities run by the ruling regime. The way the soldiers and police officers acts towards the citizens are report-on and uploaded instantly to the social media. So, if the Police or the Army is acting out. The world will know, the foreign investors will know. Therefore, if the President and VP cares about this. Maybe, they shouldn’t crash any opposition meeting. Maybe not send their ill-disciplined security officers.

VP Edward Ssekandi are really using the tactic of warning the citizens, while they are the ones oppressed. It wasn’t them sending the army to Entebbe or ordering the Presidential Guards into Kamwokya, Kampala recently. No, that was from above and their acts in Mityana and elsewhere, just resembles the chaotic nation he speaks off.

GOMBA- Vice President Edward Kiwanuka Ssekandi has warned that the country risks losing a number of foreign investors if Ugandans don’t shun political violence and land conflicts.“Be cautious about the ugly scenes you’re creating in our country because investors can’t put their money in a chaotic nation. Peace and security are paramount in attracting investments and therefore, I wish to call upon all Ugandans to ensure peace wherever you’re to see miracles of these investors here,” he said” (Mbogo, 2018).

Maybe not speak of chaos, on the day your government order the soldiers and the police to make road-blocks all around Masaka, because Robert Kyagulanyi aka Bobi Wine travels from Kasangati to Masaka. Clearly, the NRM hasn’t gotten the memo from the big-man Ssekandi. Whose stretch of powers seems abysmal, as the Prime Minister has more of an office and voice within the Presidency.

While it is like that. Ssekandi should maybe think of what Bosco does and what orders he gives. As it is him whose most responsible for the acts of the Special Force Command and the Police, which is in-charge and the ones doing the torture. Doing the preventative arrests and whatnot else, which is creating chaos and problems. We know that the authorities just turned of the electricity, as Bobi Wine was addressing the nation from the United States. Therefore, the VP needs to address the State House. And not the citizens.

So, VP Ssekandi call-up Bosco, tell him to order the military back to the barracks and battlefields. Not be in public to intimidate and create chaos. Peace.

Reference:

Sadat Mbogo – ‘Political violence, land conflicts scare away investors – says Ssekandi’ 28.09.2018 link:http://www.monitor.co.ug/News/National/Political-violence-land-conflicts-investors-Ssekandi-solar/688334-4781474-8893gwz/index.html

EFF Rejects the Mining Charter (28.09.2018)

Democratic Republic of the Congo: A family business (26.09.2018)

A new report by political and security risk consultancy A2 Global Risk offers guidance to businesses and the risks they are likely to face after Kabila steps Down.

LONDON, United Kingdom, September 26, 2018 – December’s presidential elections in the Democratic Republic of the Congo ought to bring new hope, after autocratic Joseph Kabila in August finally agreed to stand down. But with leading opposition candidates barred and a Kabila loyalist lined up as successor, will it just bring more of the same? A new report by political and security risk consultancy A2 Global Risk (A2GlobalRisk.com) offers guidance to businesses and the risks they are likely to face after Kabila steps down.

Download the report: bit.ly/2R2kqs7

Although the Democratic Republic of the Congo (DCR) is rich in natural resources, including gold, copper and cobalt, little of that wealth reaches its ordinary people; 63 per cent of the population survive on less than USD1.9 per day. Instead, recent investigations have suggested, huge sums could have ended up in the coffers of President Joseph Kabila, his family and cronies.

Analysis of public records suggests that public funds found their way into a complex network of entities controlled by Kabila, his family and allies. An assessment of interests held through Kabila’s circle in countries such as Namibia also indicates this.

A presidential election ought to present an opportunity for a fresh start after 17 years of Kabila as president. However, A2 Global Risk Senior Analyst and Sub-Saharan Africa analyst Olivier Milland, author of the report Business risks and the Democratic Republic of the Congo: What happens when Kabila steps down?, is less optimistic.

‘The signs are that there will be little real change. The front man will change, but business will likely continue as before.’

Indicators suggest that investment risk will remain high in the wake of the election, A2 Global assesses. These include:

  • The December election is unlikely to be free and fair, raising the potential for civil unrest and violence
  • Kabila has taken steps to ensure that a staunch supporter succeeds him, reducing the risk of possible prosecution after he steps down
  • Meanwhile, Kabila’s immediate circle of relatives and friends dominates an opaque business community that is likely to maintain control of much of the wealth in the DRC in the medium term

‘With so many vested interests intent in retaining the status quo, this leaves foreign businesses considering market entry in a difficult position

‘On one hand, they could face unfair competition from companies with Kabila connections; while on the other they must ensure that dealings do not violate the multitude of national and extra-territorial anti-money-laundering regulations.’

MTN Uganda and Mastercard diversify Mobile Money services in Uganda (25.09.2018)

Through this partnership, MTN MoMo customers will use a virtual card to shop or make payments at the vast network of global outlets accepting Mastercard payments.

KAMPALA, Uganda, September 25, 2018 – MTN Uganda (MTN.co.ug) in partnership with Mastercard (Mastercard.com) and United Bank for Africa (UBA) (UBAGroup.com) have announced a new service that will enable quicker, safer and more convenient online payments globally.  Through this partnership, MTN MoMo customers will use a virtual card to shop or make payments at the vast network of global outlets accepting Mastercard payments.

The launch of the virtual card that is known as MTN MoMocard will ensure MTN’s ability to provide its customers access to products and services previously a preserve of physical credit card holders while diversifying its mobile money portfolio. Additionally, the partnership will result in a wide range of cutting-edge digital payment solutions being introduced in Uganda.

“MTN MoMo is helping to connect more Ugandans to new forms of commerce,” said Wim Vanhelleputte, Chief Executive Officer, MTN Uganda. “Our affordable mobile financial services are positively impacting communities and lifestyles in Uganda. This is evidenced by the phenomenal growth in both the number of customers and volume of transactions over the years,” he added.

Like a debit card that is linked to a bank account, the MTN MoMocard is linked to a customer’s MTN MoMo account but is accessible on any type of mobile phone. All a customer has to do is dial 165*70# and follow the instructions.

The MTN MoMocard can be used on any merchant platform that accepts Mastercard – locally and globally. Consumers that travel frequently for business or leisure, or those that shop online will enjoy the convenience of the easy-to-use solution.

Ngozi Megwa, Vice President Market Development, Sub-Saharan Africa, Mastercard said, “Besides the ability to connect more consumers to a solution that enables them to pay without cash, the virtual card also supports the growth of e-commerce in Africa and supports businesses who want to appeal to a wider audience. Digital payments is shaping commerce, the backbone of any economy. We are excited about the MTN partnership and its ability to connect us with an audience hungry for innovation.”

The MTN MoMocard is powered by United Bank for Africa, which facilitates the payment transactions online, both locally and internationally.

“UBA is excited to be the bank partner with Mastercard and MTN on this milestone project that not only enhances convenience for mobile money customers but also the utility of the service. The bank recognises the role of technology in enhancing financial services delivery and welcomes future similar partnerships,” said Johnson Agoreyo, the UBA Managing Director/Chief Executive Officer.

English High Court continues restraint against Djibouti Port Company over shares in Joint Venture (23.09.2018)

Court extends Order to prohibit interference with DP World’s right to manage Doraleh Container Terminal S.A. (“DCT”).

DUBAI, United Arab Emirates, September 23, 2018 – The High Court of England and Wales in London has continued the injunction first made on 31 August 2018, prohibiting the Government of Djibouti’s port company, Port de Djibouti S.A. (“PDSA”) from interfering with the management of the joint venture company, Doraleh Container Terminal S.A. (“DCT”).

On 31 August, the Court issued a without notice injunction against PDSA, as shareholder in DCT, prohibiting the following actions:

  • It shall not act as if the joint venture agreement with DP World has been terminated
  • It shall not appoint new directors or remove DP World’s nominated directors without its consent
  • It shall not cause the DCT joint venture company to act on “Reserved Matters” (being matters contractually reserved to DP World) without DP World’s consent.
  • It shall not instruct or cause DCT to give instructions to Standard Chartered Bank in London to transfer funds to Djibouti.

Following a hearing on 14 September 2018, at which PDSA failed to appear despite being notified, the Court ordered that the injunction will continue until it makes a further order or an award of the arbitration tribunal at the London Court of International Arbitration (“LCIA”) that will be formed imminently to consider the shareholding dispute with DP World.

On DP World’s application, the Court also extended the injunction to include any ‘affiliate’ of PDSA.  Under the JV Agreement, PDSA’s affiliates include the Government.  The decision follows the enactment of an “emergency” ordinance by the President of Djibouti on 9 September.  This ordinance purported to transfer PDSA’s shares in DCT to the Government of Djibouti.

PDSA is 23.5% owned by China Merchants Port Holdings Company Ltd of Hong Kong (“China Merchants”).

The Court further ordered that PDSA must ensure that any transferee of DCT shares is legally bound by the Joint Venture Agreement and Articles of Association in the same way as PDSA.  The ruling means neither the Government nor PDSA can control DCT or give valid instructions to third parties on behalf of DCT without DP World’s consent.

DP World confirmed last week it will continue to pursue all legal means to defend its rights as shareholder and concessionaire in the Doraleh Container Terminal in the face of the Government’s blatant disregard for the rule of law and respect for binding commercial contracts.

A DP World spokesperson, said: “This is yet another in a series of rulings – all in favour of DP World – that demonstrate Djibouti’s continuing disregard for the rule of law. We underline our belief that companies intending to operate in such a country or already operating there need to seriously consider their dealings with this Government in the face of such behaviour.”

The 2006 Concession Agreement that the Government awarded to DP World is governed by English law.  It provides that all disputes relating to the Agreement are to be resolved through binding arbitration at the LCIA with two such LCIA proceedings already completed.

In the first proceeding, the Government filed an arbitration against DP World seeking to rescind the Concession Agreement, claiming its terms were unfair to the Government and were procured through bribery.  The LCIA tribunal (comprising Sir Richard Aikens, Lord Hoffmann, Peter Leaver QC) ruled against the Government, finding the terms were fair and there was no bribery.  Certain counterclaims raised by DCT and DP World in relation to DP World’s exclusive right to container handling facilities in Djibouti remain to be decided by the Tribunal.

In a separate proceeding, another LCIA Tribunal (comprising Professor Zachary Douglas QC) held that the 2006 Concession Agreement was valid notwithstanding the Government’s attempts to terminate it through special legislation and decrees.  DP World’s claims for damages against the Government will now be determined in these proceedings.

To date, the Government has not made any offer to compensate DP World.

Irish Exporters Association calls on all parties to prevent a no-deal Brexit scenario (21.09.2018)

Dublin, 21st September 2018, The Irish Exporters Association (IEA) acknowledges, with great concern, UK Prime Minister Theresa May’s statement on the current state of play of negotiations on the UK’s withdrawal from the European Union. To ensure that Irish exporters continue to be able to trade with the UK as frictionless as possible after 29th March 2019, we call on all negotiating parties to prevent a no-deal scenario.

On Mrs May’s statement, Simon McKeever, Chief Executive Officer of the Irish Exporters Association commented: “The Irish exporting industry heavily relies on our long-standing strong and open trading relationship with the United Kingdom. The UK remains one of our largest trading partners, source of investment and provides a vital land bridge for Irish exports to the European continent.

We have always known that these negotiations would be tough, complicated and ongoing until the final straight. With a final deal required within the next 4 – 6 weeks, negotiations have reached an impasse – significantly increasing the chances of the EU and UK missing their negotiating deadlines. In addition, the ongoing political rhetoric and uncertainty in the UK, is further increasing fears whether a deal can be reached, and, even if a deal were to be reached if it could pass in the House of Commons.

As the voice of the Irish exporting industry, we call on all negotiating parties to reach an ambitious, comprehensive and legally enforceable Withdrawal Agreement and Political Declaration on the future relationship in the remaining weeks to provide businesses with certainty. For that, the transition period agreed to earlier this year is vital.

In light of the increasing risk of a disorderly exit, we welcome the Irish Government and EU’s no-deal preparations. In particular, we welcome the announcement for hiring up to 1000 additional personnel to facilitate the expected increase in customs requirements.”

Statement by President Donald Tusk on the Brexit negotiations (21.09.2018)

Brexit: Theresa May is playing a game she cannot win!

Anything which fails to respect the referendum or which effectively divides our country in two would be a bad deal and I have always said no deal is better than a bad deal” – Theresa May (21.09.2018).

What today’s statement or speech from Prime Minister Theresa May has revealed is that the Conservative Party and the Democratic Unionist Party (DUP) in coalition cannot be able to configure an agreement, which all parts of the Tories, even all in the coalition combined are agreeing on putting forward. As the European Research Group (ERG) of MPs are blocking several ideas, while the DUP has their ideas and the PM has others. That is why the speech of her is revealing this. This has been shown over time, as the United Kingdom has simplified the implicated criteria without working within the framework of the revoking Article 50 from the European Union. All of that is a graceful disaster.

However, what the speech is showing, is lack of skill, lack of conduct and even lack of negotiating tactics within own realm, before meeting the counter-party of the EU. Which will be much harder to please, considering they have Union Protocol to consider and not loose face for the current Member State and keep the Single Market intact. Therefore, UK could have played this smarter, if they thought it through, they we’re invaluable asset and a needed force within EU, but now they are a fringe state in a limbo.

The proof is when the PM stated this:

First, there are over 3 million EU citizens living in the UK who will be understandably worried about what the outcome of yesterday’s summit means for their future. I want to be clear with you that even in the event of no deal your rights will be protected. You are our friends, our neighbours, our colleagues. We want you to stay. Second, I want to reassure the people of Northern Ireland that in the event of no deal we will do everything in our power to prevent a return to a hard border” (Theresa May, 21.09.2018).

It’s like the Piccadilly Line straight to heaven when it comes to this woman. You just get your Oyster Card and rumble into the pearly gates. Because, the way she puts things forward, is blatantly arrogant and without real concern. Since, if she really feared the hard border between Northern Ireland and the Republic of Ireland. She would actually have ensured that in the negotiations, as the preliminary agreement with the EU said. Which was the basis for all further negotiating. However, she really tries to play high stakes and hopes for reward, but right now she is just loosing.

What is worse is that she would not lose alone at this point, because she is playing with a house of cards. The PM is supposed to bridge the gap, but instead she asks the workers to make it further between the shores of Calais and Folkestone. If it was PM orders, she would have bombed the tunnel and ordered the HM Government to make ferries available. Because the deal of trade and movement between the EU and UK cannot cease to function in this manner. That is initially what it sounds like. That is what Europe is hearing and achieving out of this. If the Industry and the British exporters hear her, they should be worried about the warehouses and the stocks, as the piles should be shipped out before a no-deal. To ensure funds for the rainy-days of no-deal bad-trading agreements and longer time Customs Arrangement with WTO standards between EU and the UK. It is like she doesn’t care for the working places of the people who needs this. That is really magical indifference.

So, it is like the PM are playing a game she cannot win, as she either loses support within the Tories, DUP or with the EU Standards. Peace.