Uganda Police Force: Police Message – “Ref: HRM/141/225/01(.) Force Re-Organization Order” (18.03.2018)

Did Museveni call his former IGP Kayihura a “bean weevil” today? Loyalty to Mzee is clearly not worth it!

Those criminals can be arrested only that Police had been infiltrated by a “bean weevil” that was now removed, we shall now get them” – Yoweri Kaguta Museveni on the 8th March 2018 in Mityana.

President Museveni is his own kind, just days after sacking Inspector General of Police Edward Kale Kayihura and appointing someone else. He is addressing his own Police Chief as an insect who infested the bean. The bean-bag must be the Police Force, as IGP Kayihura over his 13 years in control of the Police.

To prove what a weevil is, the dictionary of Merriam Webster defines that as: “any of a superfamily (Curculionoidea) of beetles which have the head prolonged into a more or less distinct snout and which include many that are destructive especially as larvae to nuts, fruit, and grain or to living plants; especially: any of a family (Curculionidae) having a well-developed snout curved downward with the jaws at the tip and clubbed usually elbowed antennae” (Merriam Webster – ‘Weevil’ 28.02.2018). So the President are mentioning him in this fashion. To deflect the narrative that Museveni has ordered, put forward the laws Kayihura had to abide too, and also the direct orders from him. That is known, as Kayihura said his loyalty was to Museveni and his wishes. It had to be, because that is the only reason for the longevity of Kayihura as the IGP. Kayihura was able to be the IGP for 13 years. Over that time, he followed orders and made own. Which also became his fall.

However, to blame it all on him is an understatement. Kayihura did a lot wrong and followed his guts in the is political will and his achievements of monitoring politicians and using the police in oppression of the opposition. This has been done with the blessings of the State House. If it wasn’t for the will of Museveni, Kayihura wouldn’t have acted. Some things he did on his own, like the ICT Corruption Scandal within the UPF. The mission of using Crime Preventers, but that was also blessed by the almighty himself. It was okay to use Boda Boda 2010, when it was to intimidate the opposition and intimidate them. Now that it became a problem and their crimes became an issue, the squabble with Gen. Tukumunde, was the final nail in the coffin. Museveni couldn’t have it this way.

Clearly, the little bug, the little insect that he hired again and again. He had 4 terms of 3 years. That is twelve years, before given his 5th last year. So it wasn’t like Museveni didn’t trust him and used his services as a punching bag and as the IGP. In November 2016, Kayihura was awarded by the State as the “Exemplary Uganda’s Civil Servant”. A little over a year later, he is sacked because he isn’t that good, but he was good enough in Mbale in November 2016.

Now, after the bustle between Kayihura and Tumukunde, while the insecurity has been rising, while murders being unsolved and the crime not taken care of by the Police. They squabble between them destroyed the credibility of both of them even more as the Muslim Clerical murders, Entebbe Woman murders and the list goes on. Even the high profile assassination of Andrew Kaweesi hasn’t been solved. There are to many plots and acts who hasn’t been looked into or afraid to do, because it might reveal who is on the top of the food-chain and who ordered the killings.

So with that in mind, calling min a weevil or an insect days after his sacking is beneath any president, but it is in fashion when it comes to Museveni. He has called people similar in the past, but this is what he says about someone who has been loyal to him, like forever. Kayihura had been his cadre, his comrade in crime, the one who did his dirty work and followed orders. Kayihura just worked in the interest of Museveni. Now days after Museveni shows how much he values his work.

If it had been opposition, they would have the right to name him in bad fashion, since he has crashed them, detained them, house-arrested them and tried to destroy their lives. Because they were opposition and against his master Museveni.

The President shows his own personal agenda, it is always washing his hands of his dirt. Always making sure that he himself get left unscratched by the actions and orders he delivered. That is why this demeaning to Kayihura and his work. Kayihura was acting vile and was a monster, he was someone who acted as a IGP in command under Museveni. He would not act like that if the President didn’t order him too. Some he would do on his own, but the rest is orders from the President and his will.

So if IGP is an insect, he was the President own personal insect. So now he used pesticides and got rid of it. That is what the President said today. He took him away with Raid sprayed the crap out of the Police and now gotten rid of the weevil. Now that the insect is gone, the Police will catch the criminals. However, I doubt that, because the system and rules, the orders came all from Museveni.

Kayihura was the man Museveni made, even if he don’t like the results now, it was his making. Museveni made the organization, accepted the short-comings of him and his use of Police Force. Police Force became like it is, because Museveni made it possible. I don’t say that to defend Kayihura, because I don’t want to defend the man. He deserves to be in bracelets himself for breaches of the Constitution and misuse of power. However, that will not happen.

Mr. President when you are saying things like this, your proving that loyalty to you and following your words is worthless, because you will destroy them the moment you can in your own favor. Peace.

President Museveni sacks Minister Tumukunde and IGP Kayihura: However, will it make a difference?

Today, two loyalists of the President has gotten fired, this was sudden and was not anticipated. Today on the 4th March 2018, the Inspector General of the Police Edward Kale Kayihura and the Director General of Internal Security Organization (ISO) General Henry Tumukunde. Both have been dropped suddenly after the recent leaks of lacking policing and rising crime in Uganda. There been reported of only 5% rate of murders being solved in the recent year.

A statement signed by the President and dated 4th March, 2018, reads as follows: In the Exercise of the powers vested in the President by Articles 113 (1) and 213 (2) of the Constitution of the Republic of Uganda, I hereby appoint General Elly Tumwiine as Minister for Security, Mr. Okoth Ochola as the Inspector-General of Police and Brigadier Sabiiti Muzeei as the Deputy Inspector General of Police”.

So the President has actually acted on the worse state of the Police and the public perception, as the police has been more focused on opposition politicians, than actually fighting crime. I don’t think the Police Force will stop doing that and also ban Besigye from dinners and public gatherings. However, this is proof that the President acts. Even if he is late to the party, since he should known that the Police have had gangs working for them and intimidated them. It isn’t like the President did this while the Muslim Cleric died or the woman at Entebbe died last year. Not that the Police leadership changed when the AIGP Andrew Kaweesi was killed. Therefore, the Boda Boda 2010 and the Crime Preventers issues must have really hurt some pride. Since, the change happens now. As the ISO is investigating Police Force and the Police Force was starting to investigate agents who did kidnap civilians and also did dirty work. Clearly, the President maybe wanted to stop that sort of acts. Since both actions make it look stupid and also looks like to different criminal groups, which is sanctioned from the state.

So now the NRM goes back to the NRA days, as they are hiring Tumwiine, as the Daily Monitor reports: “The new security minister Gen Elly Tumwine served as Commander of the National Resistance Army from 1984 to 1987. Gen Tumwine who also sits on the UPDF High Command fired the first shot in the National Resistance war. He replaces Gen Henry Tumukunde” (Daily Monitor, 04.03.2018).

So Tumukunde loses ISO and Ministry of Security, the battle between Kayihura made them both lose. Even as Kayihura wasn’t long ago promised a new tenure and term. Therefore, his contract got taken back and now he lost his job on a Sunday. It was on 2nd May 2017 that Kayihura for a new three year term. Now the Deputy IGP John Martins Okoth Ochola takes over becomes the IGP. J.M. Okoth Ochola is what you call a traditional Police Officer, if he will implement that, instead of the military attitude of Kayihura is to be seen. As he has worked for years under Kayihura.

All of this might change the faces of the Police Force and the Ministry of Security, however, it is the same President and the same party behind it. If the Parliament, the President and the Security Organization wants change, the procedures and institutional polices has to change. The accountability and the organization has to change. The Police Force isn’t make the nation safe, neither was ISO or the UPDF. The Special Forces Command or any other organization created to secure the public. That is why people is murdered and there are no signs of proper investigations, even criminals who just get away with their crimes.

This change might happen because of the United States new Travel Advisory on the 10th January 2018 said: “Exercise increased caution in Uganda due to crime. Violent crime, such as armed robbery, home invasion, and sexual assault, is common, especially in larger cities including Kampala and Entebbe. Local police lack the resources to respond effectively to serious crime” (Travel.State.Gov, 10.01.2018).

So they are have started to worry about the state of the police in Uganda. When they are warning their tourists. It says a lot about how they know about the current state of policing in Uganda. This must have gotten into the ears of Museveni and that is why he fires both of them. As the squabble between Kayihura and Tumukunde, has been fought in public. As the ISO has gone after proxy organizations of the Police Force. They have taken people connected with Kayihura and now he didn’t just lose, but Tumukunde got sacked too. When you play high, the rewards might be high, but fall might be worse.

People despise Kayihura for his actions and his defense of the NRM, the political driven police force, who has bankrupt the Force and also extended the mandate because of the Public Order Management Act of 2010. The POMA clearly made the Police Force focused on policing and monitoring opposition, more than collecting evidence and actually solving crimes. The Police Work has been left behind, they have used fear and used gangs to stop people. It has been strange, but it was sanctioned and accepted until now.

President Museveni suddenly acted swiftly, as he wanted to save face, even if the barren organization, the bankrupt system is still there. The scandals and the lack of morals are there. The ISO and UPF are still two security organizations without trust in the public, because they are more into politics, than fighting crimes. They are no bipartisan, but a visible hand of the NRM.

The insecurity and the lack of policing is something that has occurred over time. It wasn’t created in a vacuum of Kayihura or Tumukunde. This was done by President and with his orders. Kayihura has said his been a loyal man who just follows orders. He will continue to say that to clean his hands of dirt, as he has done his vicious and malicious acts against the citizens. Kayihura knows this and he knows he has made political prisoners and done so as ordered from the State House. That is where the big problem is, it is the State House. The organizations, the institutions and the insecurity has been made from there.

It is the lack of transparency, oversight and accountability of the Security Organizations, it is the lack of resources and the maladministration. It is the whole structure and the orders from the President, who promise and pledge, but doesn’t invest. Museveni has created this, but it is easier to sack someone, than actually destroy something and rebuild. Right now the Police Force isn’t professional, neither is ISO. The lack of protocol, procedure and training, is the reason for this mess. The lack of actual officers who do their duty and has no reason to even do so.

We should also worry about Gen. Tumwine, the former NRA and rebel whose been loyal to Museveni, don’t expect ISO and Ministry of Security to be nice and smooth. The malicious acts of the Ministry will continue, as the vicious crackdown of 2001 was in the hands of the general. Who while in charge made sure dissidents entered Kigo Prison, which was leaked in 2005 and 2006. Therefore, the world knows that he tortured lawyer, human rights activists and also opposition activists there. Therefore, Tumwine, might do similar things now that he has power in service of Museveni. So he goes from the UPDF General Court Martial, where he has stated in the powers. That previous trials and charges on Besigye was ordered and not made on legal basis. Therefore, he is brave enough to speak up against Museveni. But if he will do more than speaking is likely, since Museveni has made him general and made him Minister again.

We just have to see how this goes. Surprised today, yes and not so worried about the battle between Okoth Ochola and Tumwine. But if they will rock-the-boat, I doubt it and if they will reform their institutions and their organizations. I doubt that too. They will be figureheads who are loyal to Museveni and await orders from the State House. We will just see if their leadership roles, can stop the insecurity and the problematic state the Police has no in society.

The top chef, the one who has created this dish is in the State House. It is the President who is in-charge and let all of this happen. It is Museveni who didn’t act and made it possible for the Police to investigate and make sure the Police could solve the crimes done, the murders and all other activity. Clearly, that hasn’t been possible.

Time will tell if that will happen now! Peace.

A Monster Museveni Created: The Failing Kayihura Police Force!

Gen. David Sejusa wrote this in a letter on the 7th July of 2014:

I wonder if Mr Museveni really knows what is going on in his own security institutions, or has he been rendered powerless by the very monster he created, i.e., personalised rule? It is because the officers who give him intelligence are the same arch criminals who need to cover their tracks. With no functioning systems, you wonder what information the head of state depends on to rule the country. Otherwise, how can he not see the danger he is putting the country into and himself? Not that it matters much though, because either way, he, Museveni, is personally responsible” (Gen. David Sejusa letter- ‘LOOMING WAR AND GOVERNMENT COVER UP: Government agents target civilians to scare population’ 07.07.2014).

Inspector General of Police (IGP) Edward Kale Kayihura, again you get on my radar, you are offering bounty for killers of innocent woman, who was dropped on the street like garbage. That is happening after dozens of strange foreign deaths are appearing all over the Republic. There so much weirdness going on, just like the Boda Boda 2010 relations and the Crime Preventers Program. All of this doesn’t add-up.

The sour relationship with Gen. Henry Tumukunde, the Chief of Military Intelligence (CMI) and the problems the police has with the Internal Security Organization (ISO). It’s like the Security Organizations are working not together to sting the criminals, but are trying to incriminate each other. As Muslim Clerical leaders died mysteriously last year, like group of woman in Entebbe too. There been so many strange unsolved crimes that the death of Assistant IGP Andrew Kaweesi seems like detour. Instead of the biggest hit-piece in the recent decade.

Within all of this as the Boda Boda 2010 leaders of Abdallah Kiatta and Paddy Sserunjogi aka Sobi. We can question how the police sanctioned this gang and let it off. And why suddenly it had to fall. Since the Police needed someone to go down and the Tumukunde had to pick someone to teach Kayihura a lesson or two. The striking revelations is how short distance it is from becoming a officer to act a criminal. That is what is worrying and also the signal, the only difference between the police officer and the criminal, is that the officer has the blessing of the state and a badge, the criminal has none. There is supposed to rules to the game, but clearly it is not.

On top of that and ICT scandals, the ICT frauds, that has escalated and became a big-deal, even the ICT Manager Amos Ngabirano fled from the country recently, because of how he was involved and that he feared for his own life. In all of this, the State House, the External Security Organization and the Police are also fighting for how to monitor the mobile money market. This is after who they should assigned the program and who can monitor it, if the its the Uganda Communication Commission, the Police or even the State House. So all of them can use the software to monitor the spending of Ugandans. This is happening, while people are busy seeing the external fights between Tumukunde and Kayihura.

They have even pushed further a New Vision reporter was abducted and gone from the paper for days, this Charles Etukuri, who has had close relationship with Kayihura and nicknamed his “Social Media Manager”. Therefore, this was another assault on the pride of Kayihura, who had seen many of his men taken and his lieutenants.

We can question what is going on, as the crimes are not solved, the bounty on Susan Magara killers proves the lack of mentality to solve the crimes and the lack of honest work within the Police. That is not strange, as the state of affairs isn’t getting better. All of this has happen quickly, as Kayihura has to even beg the Parliament for additional funds, since only 5 % of his operation are getting salaries. They are lacking funds to pay salaries as the police squad has increased and also the equipment of the police has become better. That is not strange as before the General Election of 2016, they got everything from new mambas, tear-gas and more manpower.

To top it all off, the Minister Jeje Odongo, Internal Affairs Minister has told Kayihura to polish the image of the Police. Kinda hard to do that on a little candy and not even paid-in-full. While the structures are even smashed by other security organizations. This is happening while the monitoring of the political parties and the enemies of the state. Not following the criminals and such. They have spent fortunes to follow and monitor the Forum for Democratic Change (FDC). Even more on house-arresting Kizza Besigye over the last two years, even the financial costs of tear-gassing, live-bullets and the misuse of power against political opponents of the President. That has all to cost a fortune, the extra hours and the equipment. Even the famous van and mobile terrorizing place, can be seen as project made out of nothing.

The sudden loss of funds, the lack of budget to an organization blown up to be political and block politicians cost. When they are not serving the people, but the will of man. Who want to beat everyone into submission. Especially the ones he cannot bribe into it.

We you combine all of this factors, I have not even addressed the saga of Crime Preventers, who has been used by the Police and the State during the elections, paid for uniforms and weapons. This together with all the other factors, the training and the constant move of leaders. The strategic forces and questionable work of the police. The sudden Fika Salama campaigns are cool, but the issues are deeper, than just on the surface, that cars are overloaded.

The police force is up-to something and certain things kept quiet about. Even the stories of Gen. Sejusa might have some power in them. As his warnings year back is now coming into light. The darkness and lack of institutions, the lack of oversight and use of gangs to keep things at bay. Are now shown, as much as the police is acting as criminals. Just as the sudden militias that came and went, where police-shootings was appearing in Kapchorwa Police Station attacks with SUN, Gulu Central Police Station with National Democratic Alliance (NDA) and the insurgency of Kirumiramutima in Kasese. All of this had violence and killings involved, but they silently stopped without any resurgent attacks by anyone of them. The government sanctioned violence was the one visible against the Rwenzururu Kingdom, as it was also on these two Police Stations.

We can clearly, see that the vision of Gen. Sejusa has power, as he saw this all coming. It is now visible, the lack of clear leadership, the reckless behavior of IGP Kayihura and Security organizations. That his involved other questionable activity and use of organizations that was beneath and beyond the services supposed to be delivered by the Force. Also the lack of investigations and the lack of actually policing. More of just brash PR stunts and picturesque shows of public display, instead of actually catching the murderous, the ones picked up is quickly released.

All of this madness is connected, the lack of funds, the growing organization, the battle of supremacy between Tumukunde and Kayihura. All of this isn’t a game, but real life at stake, they are all doing all of this because the President wants it like this. They want to use the Security Organizations to make insecurity to fake their own agenda.

This would been a pulp-fiction novel, a quick-fix book you buy at a flea-market. Instead, this is happening right in front of our lives. They are misusing the state funds and violating our intelligence, while they are proud of their craft.

There is to many things missing, the plots and the ideas, the scenarios where this is making the regime winning, other than spreading fear and silence people. If that is the only goal, they are using high-power weapons and expensive monitoring of politicians. While they are using the police to create crime and not actually fight crime. Which is weird in itself. It is visible and vicious!

Kayihura, should wonder and be boggled, he has lack of funds and giant mission, he needs manpower to fulfill the Public Order Management Act and the others things he want to do to serve the President. He is the presidents loyal servant. That he knows, but the actions and the now internal squabble between him and Tumukunde. We can wonder who else will join in and if the Mobile Money, will make the UCC and other go against him too. Who knows at this point, but the words of Sejusa should be with all of us.

The words we should remember today, as the police are in tatters and the public played for fools, we should remember: “I wonder if Mr Museveni really knows what is going on in his own security institutions, or has he been rendered powerless by the very monster he created, i.e., personalised rule?” (Sejusa, 2014).

We should ask if he is powerless because of the monster he created and he made during his rule. If he is able to understand and get into his mind, what sort of violence and policing his has sanctioned. Kayihura and his business has been accepted by the State House for years. The ISO, ESO and CMI, are all organizations that Museveni has created. Not only the UPDF and Special Force Command, who are other groups he has given powers too and training too. They can now fight each other and use methods of state organized violence against innocent citizens and possible troublemakers. However, most likely they will create trouble themselves. These are the monsters Sejusa described, the reckless organizations that will make him powerless. That is why he tries to pull the strings on the Police Force, but is it too late?

Peace.

Stanbic Bank Uganda – Public Notice: “Corporate Re-Organization of Stanbic Bank Uganda Limited” (19.02.2018)

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)

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)