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Archive for the tag “Michael Kabaziguruka”

Bank of Uganda report spells out growing non-performing loans and possible default of 9 banks!

Bank of Uganda’s late Annual Supervision Report of 2016 is finally out. Instead of mid-year, it was released in September. It must be reasons for that, since this is in the year two banks lost their balance and one was traded to another. The Crane Bank sale-off and losses have started most people, as also the expensive pens of the Bank. Therefore, with the procurement of pens must be the reason why the months from July to September to see the Annual report. The 2016 spreadsheet isn’t a fun read, it is dire and says something about the financial institutions, as well as the economy in general.

This report are telling stories of bad performing loans and the quality of them. When looking into that, you know that this is banking practice that supposed to be profitable. To loan money away that people save in the bank and gain interests. So, when the numbers are this crunching. When the state of affairs are so dire. When Government Securities and shortfall is what they are. Then you know there are failing prospects. As this the year after campaigns and elections. It is usually painful after the heavy spending and brown envelopes to anyone who support Mzee. That is why the costs and the non-performing loans are growing. But where that money went, is only known by the elite and the NRM. Take a look!

Non-Performing Loans:

The analysis of default by the banks’ three largest borrowers and an increase in NPLs by 200 percent revealed large potential losses. It showed that if each bank’s three largest borrowers were to default, with a loan loss of 100 percent, 13 banks would become under-capitalised with an aggregate capital shortfall of USh.513.86 billion. If NPLs were to increase by 200 percent, assuming the increase is in the loss category which requires full provisioning, 9 banks would become under-capitalised with an aggregate capital shortfall of Ush.247.39 billion. A decrease in interest income from government securities would not require any additional capital from the banks” (BoU, P: 4-5, 2017).

Loan Quality:

The banking sector’s overall asset quality continued to decline in 2016. The ratio of non–performing loans to total gross loans increased from 5.3 percent in December 2015 to 10.5 percent in December 2016. The increase in the NPL ratio was mainly on account of bad loans which more than doubled from USh.573.4 billion in December 2015 to USh.1,203.2 billion in December 2016” (BoU, P: 15, 2017)

Earnings and Profitability:

There was a drop in profitability of the banking sector in 2016. Annual after tax profits reduced by 44.2 percent or USh.239.1 billion from Ush.541.2 billion in 2015 to USh.302.1 billion in 2016. Average return on total equity (ROE) dropped from 16.0 percent to 8.3 percent while return on assets (ROA) halved to 1.3 percent during that period. Total expenses grew by 9.3 percent, mostly in the form of interest expense on deposits. Increased provisioning for bad debts also reduced the banking sector’s earnings for the year under review. Provisions rose by more than 100 percent, by USh.419.4 billion to reach USh.637.2 billion in 2016” (BoU, P: 16, 2017).

So this growth isn’t making the economy more healthy. It is more bad loans and losses of profits. The bankers are not benefit ting and the costumers will pay for the shortfall in the long run. The assets and the basic needs will not be covered. The dangerous levels of NPL can even kill of more banks. As the reports not spelling out the names, but saying 9 banks could be under-capitalised, that means the government has to come in with security to put the bank on its feet or trade it off. Like it did with the Crane Bank recently.

Therefore, there are warning signs of continuing to borrow without security for repayment on the debt. That gives way for non-performing loans. This is the whole idea and reason for the problems the 9 banks have. As the costumers and corporations borrowing funds, without capacity to repay. That means the planned interest, the planned profits and repaid funds disappear. So, the more borrowed funds to try to catch the losses, is creating a evil spiral of losses. Instead of generating the profits and interests as anticipated.

Clearly, the banking sector needs a revamp and the system needs a push to make sure they are run smooth. As the consequence of continuing like nothing, is that further banks will default and costumers will lose savings and the state has to cough-up funds to save the scraps of a bank. Peace.

Reference:

Bank of Uganda – ‘ANNUAL SUPERVISION REPORT’ (December 2016) Volume 7 (06.09.2017)

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Uganda Local Government Workers Union (ULGWU) letter to PM Dr. Ruhakana Rugunda – “Reminder: Remunerations Enhancement for Local Government Workers” (29.08.2017)

#BoUPens: BoU bought cheap Cross Ball-Pens for a fortune!

I hate to say it, but the magical pens from the Bank of Uganda (BoU) wasn’t a fairy-tale as expected. It was a cheap corporate pen, that was bought for astronomical sums. They are not so expensive after all. It is Cross Rolling Ball Pen Nor Onyx AT0155-1, the price of this not as high as the Bank paid for it. Unless, they wanted to pay of their importers major profits, however, the Bank must have connections with the traders who sold it to them. If not, why did they pay so much for Cross Ball Pen in the first place.

First, the social commentary from earlier this month:

Hey, Bank of Uganda, the glorious BoU, if you ever need any sort office equipment. I can sell it to you and at lesser cost. It will be fraction of the 357,000 Uganda Shillings per Pens or 125m shillings for 350 pens. At the dollar-rate, you paid $105 United States Dollar for each pen, they must be magnificent and the best pens ever made for the mankind” (Minbane – ‘ Opinion: Bank of Uganda must have bought magical pens!’ 16.08.2017 link: https://minbane.wordpress.com/2017/08/16/httpwp-mep1xtjg-5gh/ ).

Than, by the price of $105 USD for every single Cross Ball Pen, which was made in China. These Ball Pens are really overpriced. On the American Amazon.com price are $36.62. The Amazon product explanation: “Onyx black resin finish with polished chrome appointments – Click off cap accented by a wide chrome band and a sophisticated perforated clip design – Includes one black gel ink rollerball refill (#8523) in pen – Cross Rollerball pens can be converted into a ballpoint pen or creamy porous felt-tip pen by changing the refill to desired type of tip (Refills sold separately) – Presented in a gift box” (Amazon – ‘Cross Aventura Onyx Black Rollerball Pen (AT0155-1)’ link: https://www.amazon.com/Cross-Aventura-Black-Rollerball-AT0155-1/dp/B0017UGOZC).

So if the Bank of Uganda are importing the pens, than the price would go up. Both most like not cost more than maybe around $60 USD a pop. Clearly, the BoU are liking the idea of the overpaying the pen. The Bank might have bought it from places like Corporate Gifts Pens, there they would get discounted for amounts of pens they would by. That is like if they buy over 100 pens, around $24,79, so the price of pens would be cheaper. Even engraved pens cost added on that page $5 each, that means the price would be around $29,79.

Still, with that the price difference are $70-75, which has to paid extra to the providers or suppliers. The government and the Bank of Uganda must be really proud of who they bought it from. If not, the Chairman or the leadership of the BoU really know the family or written-off the profits to paid their mortgage.

This here was not about quality or unique pen. Just a very ordinary pen. Not even in the quality of the Parker Pens. The BoU has really scammed the people and the Bank doesn’t care about the misuse of state funds. Peace.

Opinion: Bank of Uganda must have bought magical pens!

Hey, Bank of Uganda, the glorious BoU, if you ever need any sort office equipment. I can sell it to you and at lesser cost. It will be fraction of the 357,000 Uganda Shillings per Pens or 125m shillings for 350 pens. At the dollar-rate, you paid $105 United States Dollar for each pen, they must be magnificent and the best pens ever made for the mankind.

Bank of Uganda, I understand the scrutiny you are under and as people are mocking this transaction, how you suddenly needed these expensive pens. I am sure they write the perfect lines and makes the others look like broke-back understudies without proper ink. The pens you bought must be most genuine Parker Pens, which brings the words so flawlessly on paper. When these pens touch the paper, they make such romance, so the ink flowers the paper and even smells better.

I have a feeling that the providers of these pen engraved them too each of the employees, so they have unique pen with their initials or even their nicknames. Therefore, they are all feeling unique and look well after.

“According to BOU, #BOUPens were “Cross” branded and meant to be sold as was the case with commemorative coins and notes in previous years” (NTV Uganda, 15.08.2017). So they were special and unique, they were designed in a way to make them feel special. Still someone who procured them really made a decent profit of the trade. Since pens usually doesn’t cost that much, even when your initially making them special too.

I am sure they bring back the good old times, sprint the words of Milton Obote and Idi Amin, even bring back Yusuf Lule, if lucky the grandest project of the all, the marvelous escape of the NRA. Certainly, the pens of the BoU must possess some sort of special powers. Since, they cost so much. All the things the pens has of value, so they can be used as collateral and even be pawned like jewels. Since they have such value and estimated cost.

So please Bank of Uganda, I got pens that can write in thin-air, spill the ink on the paper and give you the smell of roses. They will cost half of what you used to buy the Cross Pens, and they will look amazing. They will bring joy and happiness, maybe even be more within reason of cost. Since all paperwork and paper-trial of your clients, will smell like a bed of roses? It must be a dream and a dream worth living for, that you want to achieve in your lifetime.

Certainly, Bank of Uganda should consider some reasonable pens for their enterprise, as a state institution, but they are the ones keeping the inflation and the monetary policies at bay. Therefore, they need to be rewarded, not all can get Presidential Handshakes. Some just have to get pens, which are more valued than other people’s rents. That is their dumb luck, not the cashier at BoU. Peace.

Motion for a Resolution of Parliament to Investigate Bank of Uganda (BoU) Over its role in the Supervision of Financial Institution (27.07.2017)

Opinion: UPFF seems like made-belief by the Calvary, as the NDA and SUN never reappeared!

Kaweesi Murder Probe: Police warns public against conspiracy theories and speculation, adds that such will slow down investigations” (…) “Police are investigating a group calling itself ‘Uganda Patriotic Freedom Fighters’ that claims to have murdered AIGP Kaweesi” (…) “The group posted on social media commending itself for a job well executed and blamed police for arresting innocent people” (NBS TV Uganda, 27.03.2017).

There been many rebel outfit of late who has taken claims of violence and robbing Police Stations, what is common is that that they come into light and fade into dust as quick as they came. These ones has all been parts of questionable acts and taken weapons and ammunition from the Police Force. Still, there has not been anyone who is caught for these crimes, neither has there been anyone taken to court. Therefore, I wonder about the newest who appeared this month!

In March 2016, the sun set on Uganda, and initially “We, Save Uganda Now” (SUN) that took responsibility for the attacks on Kapchorwa Police Station, where the former army commander ‘Mali Moto’ we’re running it. And ever since then they have not reappeared!

In June 2016, a new surfaced rebel outfit named National Democratic Alliance (NDA) attacked the Gulu Central Police station, as it was even stated by the Police Force that is was UPC Deputy Secretary Dan Odiya Oola, who was in charge. The NDA has not attacked anything else since the day in question.

Than there was the Rwenzururu Kingdoms Royal Guards and the “Kirumiramutima” (the Strong Hearted) that was a militia in the Rwenzori and Rwenzori Sub-Region. These ones created problems in the region after the election and supposed to done so since 2014. Still, the violence only appears when the Uganda People’s Defense Force (UPDF) arrives in Kasese, like last year in November, when the Flying Squad twice attacked the Buhikira Royal Palace in Kasese. It is easy to forget, but the problem of rebels appears when the Police and Army attacks innocent civilians in the region. That problem also disappear when the army leaves the region. Than the locals are preoccupied burying the dead.

So when I here that a new rebel outfit takes the responsibility for the assassination of the Assistance Inspectorate General of Police (AIGP) Andrew Felix Kaweesi, they we’re suddenly a group who claimed on social media called Uganda Patriotic Freedom Fighter (UPFF). They came out of dust and has no history, just like the groups who apparently was in charge of the assaults on the Kapchorwa and Gulu Police Stations during last year. The pattern are written in the sand.

The serious rebel outfits has been scattered and are now based on foreign territory, as Allied Defense Force (ADF) is based now in the Democratic Republic of Congo and Lord Resistance Army (LRA) who are in Central African Republic (C.A.R). So these are not something that is apparent problem for the security organizations or the Police Force.

So I have a hard time believing that a new outfit of rebels has that sophisticated and knowledge about top leadership inside the Police Force, that they get the knowledge of the Police Commanders house, road and about the time he leaves for his office. That the Rebel Outfit UPFF came into force and with actions all of sudden. It came from the moment of clarity as it usually do after the incident.

Just like rebel outfits came into action right after the Police Stations was assaulted in 2016. All of a sudden the ‘strong hearted’ rebelled in Rwenzori.

Now that Jospeh Ssonko, appear and claims responsibility days after the death of Kaweesi. As much as the new Police Spokesman today Asan Kasingye speaks these words and tries to explain the on-going investigation. Since the UPFF, SUN and NDA are all coming from the same source and sources are all quick and brief online. Still, their placement and quick relief of information comes and goes as quick as the government needs it.

Therefore, the government hopes people forget the other rebel outfits and leaders, as they dwindle in presence and importance. However, the dead and the families of the lost will still wonder what really happen, this are the losers of this political game, as the ones who ordered and got the AIGP Kaweesi assassinated. As well, as all the other speculations that opens up questions of this public display. That the Police Force and their leadership wants to peddle this sort of false narratives instead of dropping proper intelligence. This proves that the Police Force is rotten, as the government is lacking will of accountability and transparency. So if the Police Force and key leadership together with other Security Organizations had offered or created this sorts of violence. Than, the Republic would know that rebels and the other created stories, might just be hogwash.

That this is a possibility, that the Uganda Police Force, that the Army and the other agencies wishes to subdue and silence the public discourse as they comes with false information. This seems probable, as this is yet another group arriving to court without any invitation or knowledge of their origin and their leadership. Like the knowledge of the start of ADF and LRA are inescapable and accessible. But if you tries to get knowledge on UPFF, NDA or SUN, your have to invent the wheel and than take ride.

So, I have doubt that UPFF exists, as the NDA and SUN is made belief, it is as believable as the manufactured cases against FDC leadership and the made-up case of treason against Dr. Kizza Besigye. The same is about the believed aggressors who appears out of nowhere. Peace.

Opinion: NRM works on overtime to delegitimize the FDC though various media, since they are themselves an illegitimated regime!

fdc-01-12-2016

There are running battles between the shadows of the Movement and the Forum for Democratic Change has been going on for a while. This has happen as Secretary General Nathan Nandala-Mafabi wrote this in the EALA Nomination letter to the 10th Parliament wrote: “These clearly spell out the positions of the Ruling Party and the Official Opposition Party in the multiparty democracy. In regard to numerical strength. EAC Treaty is also clear on multiparty democracy”.

So now that the FDC is the official opposition party and not the winner of the General Election 2016, even though the rigging master Eng. Dr. Badru M. Kiggundu of the Electoral Commission and the deputy chief justice Stephen Kavuma had to ban the campaign of defiance, that was the Presidential Candidate Dr. Kizza Besigye who run hard against the ruling party and the ruling regime of President Yoweri Kaguta Museveni and his National Resistance Movement.

So with that in context, the months after has been smeared with irregularities and malfunctions as the NRM and their Police has targeted FDC with full force. This they did with detaining members and leaders without court order, house-arrests, blocking of the headquarters and all sorts of other injustices done with an ordinary fashion of contempt of the constitution and law. These have been done as the 10th Parliament was sworn-in and the President was busy having dignitaries from Turkey and South Korea.

mwenda-and-kagame

Now that 2017 has arrived and ever since December 2016 the Independent Magazine editor and founder Andrew Mwenda has gone all wild on social media. At the same time TVO has disgraced him and his magazine. The graceful attempts have not been there as the words have addressed each other in fashions that would be in bars and not all in public. So Mwenda are using all tricks with his connections as he even seemingly has traded his popularity and his work ethic for goods from the ruling regime. Because he has gone from being a fierce critic of the Movement and now he defends them.

With this in mind Mwenda has attracted and attacked with more and more staunch words, even as he becoming a laughing stock and a wild-card. Even if he would have pieces of truth, the spin and the propaganda fashion of it all is spoiling facts that might be there. Just like Uganda Media Centre and Hon. Ofwono Opondo spills the beans and defends the Movement with all means. Though his entitled way of sounding more like a NRM Spokesperson than a man who is government spokesperson is showing the transgression of the party itself; just like the NRM inner party election for the EALA done over two days there.

This is still not an issue in nation of Uganda and under the rule President Museveni, which want to be legitimate by every mean possible. Therefore he uses the media and false stories on NTV Uganda where the Party Constitution of FDC is in question. As NTV Uganda wrote yesterday:

A plan to amend the constitution of Uganda’s main opposition party, the Forum for Democratic Change could cause a huge rift among its members if it goes through. The plan is to change clauses in the constitution to allow former FDC leaders another go at the helm of the party. According to the movers, many of FDC’s past leaders have been rendered useless to the party and yet they still have a lot to offer.” (NTV Uganda, 08.02.2017). However, as the story unfolded the FDC leadership debunked the story, Besigye said he would never run as a candidate under that or heard about it. TVO came out saying it was Mwenda who was the source and Hon. Francis Mwijukye wrote this about the farce:

“ Am told that there was a confusing story on NTV last evening about ammending the FDC constitution. Will be hosted on NTV Uganda 8.00 to 8.30am today morning. Let me go and make it clear. I think I was misquoted” (…) ”We were asked about the future of former FDC leaders and party founders. All I said was that I would support an inclusion in the party constitution of a party organ to deal with a council of Elders whose sole role would be to advise where necessary and for institutional memory. There was nothing like allowing former leaders to compete for top FDC positions in the party asked to me. Otherwise I can’t support that amendment” (Mwijukye, 08.02.2017).

When the higher echelons from the FDC are addressing the matter nearly simultaneously with the clip of the story aired, there are clear indications of malpractices in the standard. The NTV surely did this for political purposes. Just as there we’re reports that NTVs Sheila Nduhukire did directly celebrate with the NRM Party when they had done their EALA Primary Elections at the State House. Certainly the media and media houses are getting to close to the ruling regime.

We can just expect that government fuel illegitimate stories in their portrayal to demoralize and legitimize their own existence in power. Because they cannot do it by their own merit anymore, that gravy train left the station long time ago. They will use all means to establish and make the blatant ignorance of Mwenda and use their connections in NTV Uganda to portray the FDC as wolfs or even better wolf in sheep’s clothing.

The NRM and the Movement cannot sell the truth at this point, because that will undress their own existence and their own established fanfare of just cause. The probable cause that has left long time ago, the decades of bribes, thieving and misgivings has now caught up with them. The rigging and ill-forced ways are now what entitles people and therefore EALA elections are ugly instead of silent shows of democratic balloting. The NRM has to use the media and spin to make their biggest threat FDC into a shambolic affair of political charade. Since they have the ability themselves to make itself look unwise.

So the spins and the lies of deception will continue to fluster from the NRM and their media hawks, but still the truth will shine in the end. Peace.

Opinion: Tired of the ‘last words of Mwenda’ against the FDC and Besigye!

mwenda-lastword-banner-3

Mwenda, Andrew Mwenda the Independent Magazine owner and editor, the man who knows all about how to rant against fellow political opponents, than a month later praising them, like they are the next one to save the world. In one week Museveni can be the worst and the other week he will be the hero. The same is with the Forum for Democratic Change and Dr. Kizza Besigye, all through December 2016 and this beginning 2017 his focus has been bashing on Besigye like he is AIDS.

Mwenda has a fetish or worse a deluded mind where he uses all kind of words to address why Besigye isn’t the President, without considering the fact of the power of ‘the old man with the hat’. The editor rant is about the organizations, the loss of local elections and the losing of presidential election going back to Dr. Paul Ssemogerere of the Democratic Party who ran against President Museveni and all of his campaign we’re filled with attacks and brutality. Just like all of Besigye’s has been, it is a reason why he is for the second time in his life-time charged with treason against the Republic. All of those explanations vanish like water meet the heat of the sun and becomes part of the air.

Mwenda’s rants concluded with today’s word calling FDC a Cult on Facebook. Where he was calling literally Besigye a Cult leader, because Mwenda has to grind out every little bit of anger into the public sphere. He added videos of the inauguration of Nana Addo in Accra where Besigye we’re invited, Mwenda had this to say about the Ghanaian President speech: “In these two videos, newly elected Ghanaian president, who invited FDC cult leader to his inauguration, parrots the inaugural speeches of Bill Clinton in 1993 and George Bush in 2001. Besigye’s 2010 manifesto copied David Cameron’s Conservative Party manifesto almost word for word” (Mwenda, 08.01.2016). So his words are saying itself how he has to attack the man for attending and being invited while Museveni is busy bodying himself to drop “Presidential Handshakes”.

Ferry for Besigye to Busuga 16.11.15

“Besigye’s despotism in FDC:

Earlier in the day he wrote this too against Besigye: “Most of the FDC leaders i have interviewed ran away from NRM after witnessing the same trend. Now they say that compared to Besigye and his FDC fanatics, M7 and his NRM look like the best democrats one can find. In short Besigye had established a ruthless and intolerant dictatorship over the FDC and now relies on the cult of personality rather than on institutions to govern” (…) “While Besigye fanatics claim I have been hired by NRM to tarnish the name of their cult leader, the information I post here is always supplied to me by the top ranking members of FDC who want to rescue the party and Uganda’s democracy from the tyranny of extremism and the despotism of Besigye” (Mwenda, 08.01.2017).

So he continues his rants, his words of direct attack, as there are rare breed and the Besigye is giant problem. Besigye is the reason for the losses; Besigye is the reason for everything. If it rains it’s Besigye, if it snows it is Beisgye, if it is wind it is Besigye and if it is sun by all means it is Besigye. That is how you can talk in the sense of Mwenda. He is the weatherman who always will pin the blame on Besigye, and by all current codex or modus operandi it will be boiled down to Besigye. Nobody else, the others are needed props in tale of fatigue, lacking organization or even repeatedly popular personality of Besigye. Instead of asking why was there yet again Primary Elections where Besigye won over Gen. Mugish Muntu. Something that didn’t happen in the Movement, where Museveni where sole-candidacy for Presidency and Mbabazi wasn’t allowed to run against him! Something that Mwenda wouldn’t mention, for one simple reason, it will blow his mind and lose his marbles. Mwenda will be little prick who thinks he is a genius, but misses key aspects of matter. Like you need water or milk to drink tea. You can try to boil coke, but the tea will not mix well, but boiled milk or water will make a perfect blend.

Mwenda’s rants are now pointless and personal, like vendetta against the FDC and Besigye. Like he has to attack them! He cannot do anything else, if not he loses his mind. I know I write against Museveni a lot too, but usually with context of economy or recent acts, but Mwenda recreate the election and the internal organization of FDC without caring about factors that are put into play with no regard of the political status in the Republic. FDC are not alone on the losing end of Movement, but Mwenda acts like they are the only one, there is UPC, DP, Farmer’s Party, TIC, UFA and so on.

Kisoro FDC 01.02.2016 Muntu Rally Police

Like yesterday’s rant: “Besigye die hards are either cowards or hypocrites or both. While they make the loudest noise on how they are ready to die for him, they have done nothing (except for insulting critics on social media) to prove they are worthy of their claims. Each time Besigye goes to town, Kale Kayihura sends only eight (8) police men who pick Besigye like chicken, bundle him over a pickup truck and take him to police as these “ready-die-for-our-man” fanatics watch helplessly” (Mwenda, 07.01.2017).

He goes again into insults not only Besigye, but his supporters, because what else there to do. Because he doesn’t have a valid argument as long as he is putting FDC and Besigye in vacuum, the same kind of empty hole his arguments and reasoning is for the moment. 2017 stroke Mwenda and his mind went haywire. To prove the nonsense of this man, let’s take a piece of the rant of the day before:

“Over the last 16 years, Besigye has concentrated all the meager resources of the opposition on one singular objective, to capture the presidency. Yet we all know that maintaining the presidency is the most important objective of M7 and the NRM where he has concentrated most of his resources” (…) “Now FDC is much weaker relative to NRM. Not only that. NRM is also backed by the power of the state. By concentrating all opposition resources to attack NRM at its most fortified position, Besigye has expended his meager resources to secure an objective where he has the least chance of success. This is a strategic blunder” (Mwenda, 06.01.2017).

The relative argument itself is disgusting, because even if NRM is a ordinary party as Mwenda make it seems, it still is freighting how little he consider how the ambitions are under siege in the NRM, therefore handpicked and rigged members are becoming leaders, but that part of the argument is lost on Mwenda. Because that makes NRM more fragile than Mwenda wants to say. As well as the FDC primary model is better than NRM, though not perfect it still are more democratic than NRM ever will be. Another reason why the debate of Muntu and Besigye in the FDC are a valid one, directly opposite in the NRM where there is no discussion if VP Edward Ssekandi or PM Rukhana Ruganda will ever challenge Museveni. But that is a silent and a mute-point. If doing so your devaluing the epitome of all Ugandan wishes is to have Museveni for life as the chairman of the Movement and Executive of the Republic. Another thing, Mwenda doesn’t have the balls to connects when taking in consideration the stalemate in FDC and in other parties. In a state where it isn’t really democratic, in the sense that NRM are rigging when needed to control the Parliament and all other political offices in the country. The rest is just a front. Strange that Mwenda cannot mention that either. But that is another illness, that his eyes looks away from.

The flawed and the lost plot, is why all of sudden has went into mayhem and going all in to attack FDC and Besigye, Mwenda seems like only dreaming and thinking about them. That is the only thing that boggles his precious minds and the only discussion he can have in the Independent Magazine, as the other obstacles of the Republic can be redundant.  Peace.

Hon. Kabaziguruka finally put on bail; free from the shackles of the fabricated charges!

hon-kabaziguruka-20-10-2016

Good news, sort of as Hon. Michael Kabaziguruka the honourable Member of Parliament from Nakawa District of Kampala is finally released from his Treason charges after months in detention. Being detained, house ransacked, under house-arrest and all kind of treatment at Special Investigation Unit at Kireka and been at Makindye Magistrate Court and Makindye Military Court, even has he was a civilian and not a military man.

ON the 8th of June 2016 he we’re arrested and detained for charges of Treason, as CP Enaga himself proclaimed to the world that it was a sensitive matter. The sensitive matter was to try to fabricate a story of wishes to overthrow by force the President Museveni; and use that as a target to get former Auditor General Fred Ruhindi into Parliament again.

Well, as the demoted MPs are already many by that time, it would be beautiful fairy-tale that fitted Museveni’s deluded paradigm of power and deception. The Fabricated nonsense of idiocrasy where the powers of becoming Middle-Income in his time as his economy is weaken, lesser fiscal cash as the foreign donor-funding dwindle together with meagre foreign loans as even World Bank suspends their fiscal loans for the State budget. They even suspended loans for the Infrastructure development through Uganda National Roads Authority (UNRA).

In this world of fictions from National Resistance Movement under the leadership of Museveni where so many opposition has gone to court, detained for no apparent reason that they are opposition; Hon. Kabaziguruka got into trouble as well for running a successful campaign and knowing his constituency.

The Courts might ban Defiance and other campaigns in their suspended belief in Multi-Party Democracy as a token of allegiance to Museveni. Deputy Chief Justice Stephen Kavuma might do something in the reason of Steady Progress instead of rule of law. As the days and many days for now that the Hon. Kabaziguruka has been detained without any evidence of ill will and conspiracy ever been true.

If they would have had any case to deliver and been an honest court-system than a citizen like Michael wouldn’t have tried to been tried in a Military Court first, before taken back to Magistrate Court.

court-20-10-2016

He is free and is on bail. Finally out of the shackles of a fabricated case. As reported:

High Court in Kampala has today granted a cash bail of Shs5 million on addition to another non-cash bail of Shs10 million to release our Nakawa Division Garrison Commander, Hon. Michael Kabaziguruka, who is being facing treachery charges before the Army court” (…) “The presiding judge Yasin Nyanzi however, ordered Kabaziguruka to report to the court registrar every after 15 days as part of his bail conditions. And in case he’s to travel outside Uganda, he should report to the court registrar for permission”.

With this in mind his case is still pending and will continue… because the Government and NRM Regime cannot help themselves. They do this to the ones who defy them. Peace.

On Hon. Nsereko: he is an Imposter of the Yellow, not so “independent” apparently!

nsereko-luuka-09-10-2016

The former National Resistance Movement Member of Parliament in the Buganda Caucus cannot be seen as anything else than a skeleton of political figure after the reason actions by the man. He has been in the 9th Parliament into squabble with his mother-party NRM as he fought against it and even won as NRM Rebel MPs like Hon. Muhammed Nsereko tried to find a new “home”. That ended up sort-of being affiliated with the Forum for Democratic Change as he was running as an “Independent”. Nsereko had to take his rebel case all the way to Uganda’s Supreme Court and won over the State of Uganda there in midst of October 2015. Something that is just a year ago, now!

So after winning a seat in Parliament again, he ran wild on trying to upset the NRM rule of the August House of Parliament with ousting Hon. Jacob Oulanyah, he tried to do what the wifes of Hon. Oulanyah does, without making it apparently because Oulanyah came this time. Hon. Nsereko wanted to be the Deputy Speaker and be the underling of Hon. Rebecca Kadaga.

That was flawed from the get-go as the NRM Machine was working overtime and giving money for new suits and such to bribe the MPs into submission and get the MPs that Mzee trusted to follow the guidelines of his MPs. So Hon. Nsereko who tried with his posing as the Opposition candidate and the man to stand for FDC, DP and UPC to be the man for them to have, as the August House of Parliament deserved his service and his work ethic to keep the Parliament in order. That was something that wasn’t working as the service rendered from the bribed MPs came into order and his candidacy as flawed it could be.

After this and just being an MP and working as normal, even as the wealthy business man, who even these days have proven his wealth. He even showed up on the Independence Celebration of Mzee at Luuka District all smiling with the First Lady Janet Museveni and all of his noble clan of dignitaries. Where they we’re celebrating the independence in the name of greed and glory of the Movement.

So when he did so and when this week started as the man under Buganda Caucus was expecting money the Caucus to silence the Opposition and even trying to persuade the MPs there to go for working for the Ruling Regime. This was happening as an event we’re given directly from the State House 500m shillings. That we’re partly directed by the “Independent” man Hon. Nsereko who had been smiling in Luuka. The proof is right there…

Nsereko 19.05.2016

If you cannot believe it now, it is right there and visible like a the sun is shining. The former NRM Rebel, isn’t really a NRM Rebel as his cash-cow and money hungry soul who owns a parts of Football Club and even apartments’ in Zambia doesn’t’ want to divorce himself from NRM, that is just a play of guards and to look good in public. In reality with all of connections and with the knowledge that you need to know people and grease people to do business; the Hon. Nsereko must use the entire extended network for his personal gain. As he did in the Opposition, something he really wasn’t when you look into it.

So the pictures of his acts, his words against the Defiance and the Jobless Brotherhood another way of seeing that he isn’t really a opposition or wishing to be so. He we’re just there because he rebelled and now he tries to get back into the mother-party and good graces. Therefore smiling with Janet on the Independence Day and acting all sort of giddy while the affiliated with the FDC during the campaigns who he supposed to represented we’re detained, house-arrested and silenced at that moment. Though Nsereko we’re initially running as an “independent” because of his past aggression and misbehaving in Parliament: so this independent candidate isn’t that independent as he now could just become Yellow again if he was honest with himself and his stature; though that is in the mercy of Mzee and his NRM Electoral Commission.

We can now see his true Yellow colours, they are waving as flags in the wind. There are no questions that the rebel isn’t as rebellious as his greed and guts are more important that standards and development. His own personal interests and wealth is more important, just like the monies for cars, expenses and extra engorgements through the Parliament as MP is vastly more peculiar to him than delivering any policy or change that matters for his Buganda Constiuency. Trust me, he will only be a puppet for the NRM machine in this 10th Parliament, that is why he is there, though in fake pretence as a “Independent” because nothing about this man is “independent”. He is currently a stooge under the portfolio of Mzee. Peace!

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