
South Sudan: Vivacell – “Status of Airtime and Simcard Stock in Your Possesion” (28.03.2018)








This isn’t breaking news, this just facts at this point. The growth of debt is becoming a danger for the economy in Uganda. Because of the overspending and lack of donors to pledge for the needed government services, the bloated amounts of local government and the rampant cronyism. Is all combined making sure the extent of the economy gets hit, while the Uganda Revenue Authority, doesn’t have enough levies or enough taxes to gain enough for the shortfall of cash. The deficit is founded on loans, while the government are still paying interests and growing the debt ratio at a scale that is not healthy for the economy. Even if there is a future possible oil-revenue, it still has to become massive, to repay the debts of yesterday. When the amount of GDP goes to repaying and higher rates on the new loans. This is how to step-by-step killing the economy, by circling and re-issuing new debt, to pay off the old debt. Sooner or later, you need a scheme to fix it and start a Ponzi scheme to fix the economy. That is why there are ghost refugees and ghost projects to fix funding for the failing state.
Just take a look:
“The provisional total public debt stock (at nominal value) as at end December 2017 stood at Shs. 37.9 trillion, representing an increase of 9.4 per cent relative to June 2017. This growth in the stock of public debt was mainly on account of a 12.2 per cent growth in public external debt (in Shillings terms), which continues to have the dominant share of 66.3 per cent of total public debt. In December 2017, external and domestic debt amounted to Shs. 25.1 trillion and Shs. 12.8 trillion, respectively, which is an increase of 12.2 per cent and 4.2 per cent, respectively, compared to June 2017.
The provisional stock of public external debt disbursed and outstanding stood at USD 6,902.7 million as at end December 2017, representing an increase of 10.8 per cent from June 2017 compared to an increase of 24.6 per cent in the corresponding period a year ago. The total external debt exposure (debt disbursed and outstanding and debt committed but undisbursed) amounted to USD 11,690.6 million as at end December 2017” (BoU, P: 16, 2018).
“The present value of total public debt as a ratio of GDP stood at 28.1 per cent as at the end of December 2017, which is lower than the PDMF benchmark of 50 per cent. However, including committed but undisbursed loans, the ratio of total public debt to GDP is closer to the threshold. This poses a risk of higher exposure or failure to meet external debt obligations in case of exchange rate volatility and slow growth in exports. In addition, high debt may become a drag on economic growth by discouraging public investment due to the high debt service costs” (BoU, P: 17, 2018).
This sort of report should worry anyone who cares about the future, the growing debt is a bad sign. It is a sign that the National Resistance Movement and President Yoweri Kaguta Museveni, is putting the future at risk, because he wants to eat right now. Instead of balancing the budgets or trying to find ways to get fresh revenue for the shortfalls and deficits, instead he is borrowing for everything and with the lack of transparency, the funds are embezzled and gone in the wind. Therefore, the state can often borrow for something that only exists on paper. Which is even worse, because they are not delivering anything else than growing debt like it is a gifts. That they will not pay interests and pay it off sooner or later.
The amount of loans should worry, it really should. This sort of reports should shatter the Parliament, should reshape the government and should make the Finance Minister Matia Kasaija and Treasury Secretary Keith Muhakanizi, wish their were on a peaceful island drinking umbrella-drinks, while far away living on their pensions, and hope they are not getting a Q&A at the Plenary Session. Since this is damning and beginning of troubles ahead. Just not knowing how damaging it can be. Peace.
Reference:
Bank of Uganda (BoU) – State of Economy – March 2018



Minister of Interior Jeje Odongo own Ministerial Policy Statement of 15th March 2018 are very standard sort of document, but certain statements from there is telling. Especially on the Vote 120 on National Citizenship and Immigration Control, what it is, is apparently, reasons for why it need to be addressed, because it is a real lack transparency and not taking care of the Republic.
The NCIC is compromised of: “Deployed 300 Immigration Officers and Immigration Assistants at the borders and regional offices. This recruitment and deployment has improved border control and post entry management of aliens. This has improved representation of the ethnic groups of Ugandan and staff gender ratios” (…) “Insufficient funds to undertake constructions: Immigration offices are in very small single room measuring less than 8ftX8ft which accommodates more than 5 immigration staff. Furthermore, the Headquarters is housed in what was formerly a warehouse with some services provided under tents. Limited Staff accommodation. Some borders operate in wee hours which necessitates presence of accommodation for staff. This limits space for offices, e-services and board meetings. The Directorate requires UGX25.8bn for constructions. Porous Borders: Uganda has 52 gazetted border points along 2729 km borderline operationalized through the cluster approach. This leaves part of the borderline unmanned which compromise security and revenue generation. The Directorate requires extra UGX1.9bn for border operations” (MINISTRY OF INTERNAL AFFAIRS – MINISTERIAL POLICY STATEMENT FOR THE FINANCIAL YEAR 2017/2018, P: 62, 71, 2018).
It really is showing that something is lacking when you have 52 borders and staffed three hundred officers. That means that each border post would have about average 5 officers. Just think about that, when the border needs to be open 24/7 and there would be more on certain border-posts, also at Entebbe Airport as well. Since lots of the ones entering Uganda come by planes, not only by foot. Therefore, the NCIC is underfunded, but also understaffed.
The 300 officers are not only keeping track of the foreign workers, visitors of the Republic, but also issuing passports. Therefore, the NCIC is even more important to be staffed, because of the need of control of the borders. The republic cannot have open borders and have control of the revenue and neither also population control. It is seemingly bad planning and at random. But the porous borders and the gazetted borders should have officers. Since they are issuing in the last year over 65,000 passports last year. The Officers are really busy doing and not only looking into the ones moving across the borders.
If this body is supposed to control the migration, register and secure that no-one overstays their welcome. They need bigger funding, more officers and more training. Since that must be lacking, when the borders are seen as porous. Peace.



It is interesting, that after a decade of getting away from the Courts, having the African National Congress (ANC) holding his hands and singing kumbaya around the burning fire. Before dwelling, this is by all means about the laid charges on former South African President Jacob Zuma. Whose had has his scandals in the years as President, and since he has stepped down. The backers has left the building, the banks and the business has broken down. If there ever was a house of cards, the supporting team and the business associations with Zuma is a proof of the need of the Executive to do business in South Africa in the Zuma Era. Nothing else is more evident than the fall of the Gupta owned enterprises and the sudden need for Business Rescue. The ones that are losing on all of this, has been the citizens and the state in general. Since the Gupta’s and Zuma’s has eaten of the plate and left breadcrumbs for the citizens. Now it might be changes, as the evident charges are proving.
This is happening for a man, that for ten years stifled the courts, and the cost came up to about 15 million Rands. It proves the extent of ill-will and ill-intent from the President. How he could use his position and navigate to get wealth while being in office. Nothing was happening, because of his backers and appointments was in his grace. While the Gupta’s could foot the bills and shower him with gifts. It was the good old days, where the Executive Branch of Government could use the State Owned Enterprises as Personal Goodie-Bag for the Gupta Owned Companies and earn a handsome profit. But since resigning and handing it over to Cyril Ramaphosa, the tides has changed, it is proven with the charge sheet. I will take the most brazen parts of it. To prove how ill it was.
Zuma is accused of:
“In terms of section 136 of the (final) Constitution accused 1 may not have- (c) used his position or any information entrusted to him, to enrich himself or improperly benefit any other person” (P:13, 2018).
He got 16 Counts against him. This being fraud, racketeering and corruption. This is serious allegations, but nor surprising in the sense of Zuma. He could surely have dozens more, but then you need the evidence and the witnesses to the affairs. This might implicate people who are still in office. That is the danger, that is maybe why these charges have come with these businesses and not others. But that is mere speculations, but worth noting.
Nkandla madness:
“Accused 1* needed funds to pay for the development of his traditional residential village estate at Nkandla in rural northern KZN. Plans for the development were dated March 2000. The development commenced in approximately July 2000. The final tender amount agreed to was R1 340 000 (after the development was commenced with). The development was finalized during March 2001. Various arrangements were made during the construction and subsequently to provide finance on accused 1’s behalf. At no stage during construction and thereafter has accused 1 been able to settle the outstanding
amount or obtain finance without the intervention and assistance of third parties, including arrangements for payment through Shaik in accordance with the agreement to disguise payments to accused 1 described above” (P: 26, 2018).
* Jacob Zuma.
Again, he used government funds to build Nkandla. It is Achilles heel, it always returns, therefore, the scandals evolving the home in Kwa-Zulu Natal is really damaging his legacy, as it is proven hornets nest of trouble and stinging him. The former President really didn’t cover his tracks, even in the years before he became the Executive. But that was known of and this case is digging into old dirt. Therefore, referring to cases, which todays ANC wasn’t directly involved in or the leadership has already become ANC Stalwarts.
“IN THAT during the period 25 October 1995 to 1 July 2005 and at or near Durban in the district of Durban, Shaik and/or the other entities mentioned in the preamble unlawfully and corruptly gave and/or offered and/or agreed to give the abovementioned service and/or facility benefits, which were not legally due, to accused 1*, upon whom the powers had been conferred and/or who had the duties as set out in the preamble, with the intention to influence accused 1 to commit and/or omit to do any act in relation to his powers and/or duties to further the interests of Shaik and/or the entities associated with Shaik and/or the Thomson-CSF group and/or accused 2 and/or accused 3 as set out in the preamble and/or with the intention to reward accused 1 because he so acted in excess of such powers or any neglect of such duties, as set out in the preamble” (P: 52-53, 2018).
* Jacob Zuma.
Again, we see how the former President used his position and his well known ideals to get paid extra. To use the connection of state to get benefits and facilitation’s that wasn’t within his role. The Company and Business People connected with him and paid him to get special interests and make sure to get government contracts. So both parties would benefit from the fraud and the bribes. Dual victory of the agreement made.
If you really want to understand the deal and the charges put on Zuma, also on his business associates in this matter. You would be wise to read the book called ‘After the Party’ by Andrew Feinstein, which was published in 2010. It gives you insights into it, that shows the magnificent tale in itself. This is years ago, but still viable and therefore, this skeleton out of the closet has been released. There are dozens of counts and charges that could be put of fresher scandals, but the State has decided to go for an older corruption case. Clearly, signaling it could be more in the future. Because this isn’t even involved with the investors of the Gupta family. Peace.

