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



“The government has announced plans to borrow US$200m from the Eastern and Southern African Trade and Development Bank (known as the PTA Bank)” (…) “It will, however, do little to ease the near-term pressures. The weak currency is pushing up the cost of external debt (the new PTA Bank loan will add to the burden of US dollar-denominated debt), while high interest rates are driving up yields on domestic securities. The government originally budgeted USh172bn to service external debt in the current 2015/16 fiscal year and USh4.8trn for domestic debt, but the actual outlays will exceed this” (The Economist, 2015).
In today’s exchange rate the loaned planned would be 727,749,571,653.20 Uganda Shillings, or UGX 727bn. So that means that the Minister of Finance Matia Kasaija cannot find the documentation for a huge amount of money. This isn’t a lost pocket or recite, this is like loosing bank. However, we know the context, the loans that came from PTA came within months of the General Election and the Campaigns. Therefore, we can imagine where the money has gone. That is just speculation, but National Medical Stores (NMS) has given some signs, that the PTA Loans was not for them.
In June 2017, the Public Notice of NMS said this:
“This funding facility was the PTA Bank loan, which was later approved by Parliament on 26th April 2016. The record on the Hansard clearly indicates ugx. 68billion required to avert an impending crisis at NMS as one of the primary reasons why the loan “should be urgently” approved. If NMS was therefore not meant to get the ugx. 68billion as additional funds, then the Ministry of Finance, Planning
and Economic Development misled Parliament” (…) “NMS provided the contracts by a letter
dated 13th September 2016, and waited for disbursement of the money from PTA Bank. However the said funds have to-date not been provided. This fact was brought to the Ministry of Health and the Permanent Secretary/ Secretary to the Treasury on 27th March 2017. It is important to note that the PTA Bank Loan, was approved by Parliament on the understanding that part of the Proceeds would go to NMS to cover the sh.68billion deficit” (…) “We wish to restate that if this money is not provided, over and above the Budget for FY 2017/18, all Health Centre IIs, IIIs and IVs, including those of UPDF, Uganda Police and Uganda Prisons, shall not receive Medicines in the FY 17/18 except ARVs, Vaccines, ACTs and TB medicines” (NMS, 2017).
“Although documents indicate that PTA Bank released the loan basing on documents submitted by the agencies, it was never remitted to them accordance with the agreed terms of the funding. Last week while requesting for a supplementary budget for NMS, Finance State Minister David Bahati was put to task to explain why NMS lacks funds to procure medicines yet the funders released the money in November last year. MP Cecilia Ogwal (Dokolo) wondered why NMS was going through a financial crisis when Parliament approved a loan request of $200m. During the meeting yesterday, members put Bank of Uganda officials led by the Governor Tumusiime Mutebile to task to explain whether the loan was released from the funders to the respective recipients. Mutebile told the committee that between October20th 2016 and May 23, 2017; BOU received $97.9m from PTA bank and transferred all the money to the Ministry of Finance Consolidated Account as instructed by the Ministry of Finance. “How it was used, is the ministry of finance to explain,” he said” (Karugaba, 2017).
So just part of the loans that trusted to NMS never came and never was delivered. The amount of funds needed the crisis in the NMS was not given. Therefore, the lack of oversight of the funds and the loans was evident even last year. Still, PTA Loan of 2016 has not been honored. The BoU will explain what happen after the money was released. So, it means that the documentation of receiving it is there, but what happen after is now gone. The NMS are clear, the BoU, but not the Ministry of Finance, Planning and Economic Development (MoFPED).
Just to put the loan in more perspective, even the World Bank described there in January 2017:
“Uncertainties related to both local and external events, including the freezing of new loans by the World Bank and the impact of the results of the Brexit referendum and the US presidential election being the most significant causes of this uncertainty. This is notwithstanding the fact that the Government has contracted balance of payments support credit from PTA Bank to provide the BoU with sufficient resources to prevent spikes in the foreign exchange market when the need arises” (World Bank, P: 11, 2017).
However something that is striking is the Letter of intent written by BoU Governor Tumusiime Mutebile and Minister of Finance, Planning and Economic Development Kasaija. Who both prepared a statement, to build trust in the economy and the loans made by the government.
Who wrote this this to IMF on 18th May 2016:
“Government requested a line of credit of USD 200 million from the Eastern and Southern African Trade and Development Bank (PTA Bank). The three year revolving facility has terms that are deemed more beneficial than those prevailing in the domestic markets at the current juncture and near future, so we plan to use these resources in FY2016/17 and FY 2017/18 to finance our deficits. Therefore, these resources will replace existing, more costly domestic financing, rather than expanding the available envelope. We will not use the loan in FY2015/16” (Kasaija & Tumusiime Mutebile, P: 6-7, 2016).
While this story started after Public Accounts Committee in the Daily Monitor this:
“Two of the most prominent Banyakigezi – Bank of Uganda Governor Tumusiime Mutebile, secretary to the Treasury Keith Muhakanizi and other top officials in the Finance hierarchy are set to answer questions over how Shs340 billion of Shs720b ($200m) loan meant for medicines and rural electrification was used. They are going to be quizzed by Parliament’s Public Accounts Committee (PAC) with the vice chairman Gerald Karuhanga saying that Muhakanizi, Mutebile, Auditor General John Muwanga and Mr. Lawrence Semakula, the acting Accountant General have been summoned to appear before MPs on Wednesdays to “explain the whereabouts of the money because no agency has received anything.” Mr. Muhakanizi called the probe ‘misdirected’ because ‘everything was done properly and I will prove that with documents.’ He said the money was pooled into the consolidated Fund and spent on approved expenditures” (Daily Monitor, 05.07.2017).
On the 13th June 2017, Treasury Secretary Keith Muhakanizi tried to explain where the money went:
“As explained above, all the funds disbursed from the PTA Bank Loan have been fully accounted for. ii No funds has been lost as the Monitor Newspaper has alleged. iii I thank the PTA Bank for quickly providing the funds to the Uganda government when needed. iv It is, therefore, professionally unacceptable for Monitor Newspaper which has represented at the meeting of PAC in Parliament on Wednesday 7th June 2017, to have published an incorrect story in its editorial of 11th June 2017” (New Vision, 2017).
However, the story is not ended in last year. The PTA Loan continue to haunt the MoFPED and the BoU. They both have answers to give. Now a few months later. The answer from MoFPED are differently. Because the Treasury suddenly promised documents in June 2017. However, we are in February 2018 and still not there. Even his own defense that was a notice in the New Vision. Now a half year later, we see the same story and the same issue in the Parliament. That the same amount of monies are not accounted for. The same actors are trying to defend it. The whole affair smells not like Teen-Spirit, but more of State House affair. Since, they are trying to defend the misuse of funds and loans in the timeline of Campaigning. That is what it seems. Since suddenly during campaigns and such the needs for funds is there. Paying off political parties and loyal commissioners. There are so many things to buy and needs. So much material, buses, t-shirts and bribes. You have to print massive amounts of money. In a way where the State House also always needs bigger Supplementary Budgets after the General Election of 2016.
Here is the movement today:
“Mr Kasaija yesterday failed to present a personal statement detailing what went wrong with the loan but maintained that no money was “stolen” as he fought to save his job.“I request that we should give an opportunity to a government authority to find out where this money went. But I want to give assurances to this House that no money was diverted or stolen,” Mr Kasaija said. With the loan approved only after the Finance ministry changed its labelling, Speaker Rebecca Kadaga last evening ruled that she will today make a decision regarding the fate of the report, with the duos fate set to be decided today. “I may not talk much but I had engagements with Ministry of Finance over that money. I had engagements to remind the ministry that that money was partially borrowed for NMS. I had meetings in my office over that money,” Ms Kadaga ruled. The loan put the Executive and Parliament at loggerheads with the Speaker at some point ordering the Rules Committee to investigate Mr Kasaija over contempt of Parliament as the fallout escalated” (Arinaitwe, 2018).
So still to this day there is no proof of where it went. Even if the trail leads to two familiar faces, the MoFPED Kasaija and Treasury Muhakanizi, who both trying to save faces. This all seems like misused funds from the Consolidated Funds for Campaigning. Since it was not used for the Rural Electrification Funds or the NMS. Who was both in dire needs, but not important enough. The NMS has lacked it anyways, and not gotten the needed medicine.
Therefore, the two financial heavy-weights has to either forge the paper-trial, since the NMS and the other agencies hasn’t received the funds. They have been spent elsewhere. Suddenly missing and that Muhakanizi uses so long time, that from June 2017 to February 2018 is unbelievable. If you use that long time proving parliament where the funds went. You know there are some shady misuse of it. It has gone to all sorts of activity, to tear-gas, paying police officers to keep Besigye under house arrest and whatnot. Because it didn’t go the place where the MoFPED and BoU promised.
This the GAVI Funds and CHOGM scandal all over again. This isn’t new, it is just PTA Bank loan gone missing. You miss a shilling, you miss a book or even some keys. But you do not loose this amount of money. They have gone to a growing patronage and securing the President’s Private Plane or something. Peace.
Reference:
Arinaitwe, Solomon – ‘MPs plot to censure Kasaija over Shs700b’ (07.02.2018) link: http://www.monitor.co.ug/News/National/MPs-plot-censure-Kasaija-over-Shs700b-/688334-4294524-r1k3ls/index.html
The Economist – Intelligence Unit – ‘ Loan secured from regional bank’ (11.12.2015) link: http://country.eiu.com/article.aspx?articleid=63762990&Country=Uganda&topic=Economy&subtopic=Forecast&subsubtopic=Fiscal+policy+outlook&u=1&pid=923837876&oid=923837876&uid=1
Karubaga, Mary – ‘Finance makes U-turn on sh150b NMS loan’ (08.07.2017) link: https://www.newvision.co.ug/new_vision/news/1455202/finance-makes-sh150b-nms-loan
Kasaija, Matia & Prof. Emmanuel Tumusiime Mutebile – ‘Uganda: Letter of Intent, Memorandum of Economic Financial Policies, and Technical Memorandum of Understanding’ (18.05.2016) link:
NMS – ‘CLARIFICATION ON FUNDS RELEASED TO NATIONAL MEDICAL STORES (NMS) FOR PROCUREMENT, STORAGE AND DISTRIBUTION OF ESSENTIAL MEDICINES AND HEALTH SUPPLIES (EMHS)’ (16.07.2017) link: https://www.nms.go.ug/jdownloads/Press/NMS%20Full%20pg%202017.pdf
New Vision – ‘Clarification on Allegations that US$200 million meant to procure medicines for health centres and implement Rural Electrification Projects Went Missing’ (17.07.2017) link: https://www.newvision.co.ug/digital_assets/fa485f48-5a96-4b7b-be1a-3969e7a45cc3/9-Min-of-finance.pdf
World Bank – ‘Uganda Economic Update 8th Edition, january 2017 – Step by step Let’s solve the finance puzzle to accelerate growth and shared prosperity’ (January 2017) link: http://documents.worldbank.org/curated/en/662191486394023103/pdf/112621-WP-P161699-PUBLIC-UEU-8TH-edition-final-for-web.pdf

The case of District Police Commander Buyende Muhamad Kirumira today is a warning, since he was set for a Police Tribunal in Naguru. Still, that was of no concern to the officers and the commandos storming his home today.
What is striking is that he gets his house raided with live-bullets, without court-orders or warrants, while being a Police Commander who has resigned and awaiting Police Tribunal. Therefore, the Police couldn’t await their own instruction and following procedure, to assign his early departure from his home and evict him with force. It shows the world how ridiculous their current activities is.
It is an overall sad day for the Police Force in the Republic, that they are doing this to their own. That a man questioning the powers to be and IGP Kale Kayihura, are now hunted down like a chicken thief, when he himself has enforced the visions from the top and gotten rank. You don’t rank and titles, without following orders and doing the jobs assigned to you. That is what a DPC has done and how he became that, initially that hasn’t mattered.
That they are sending the Flying Squad or the Special Forces Command to apprehend a DPC, show’s how ill the system within the Police is. Not only that they work with Kifeesi gangs, and Boda Boda 2010, but that the rotten core is now shaking. When one of their own is questioning their methods and behavior. Therefore, because he does that, he has to suffer. Not the ones who made the system, but the ones that talks about it.
He is whistleblower, who open a lid of a can of worms. That is why the IGP and the Flying Squad came to his house. They cannot accept their dirty on public display, even if they tarnishing their reputation just a little more by doing so. That the Police and Flying Squad has acted with sound minds, is evident. Especially with the knowledge of a upcoming Police Tribunal.
There was no need of what happen today. No need and no haste, especially without any court order or warrants. They we’re loose goose hunting and hoping to catch a sitting duck. Instead, they found a raging bull, who knew his rights. Certainly, the Flying Squad should have anticipated that, instead they are treating him like a common criminal.
That is insane, but shows also the state of affairs and how little trust it can be within the force. When they can take down their own without any consideration or protocol. That is a warning. That is a sign. It is dark times and the Police is not showing brilliance, more of disappear! Peace.


“For to be free is not merely to cast off one’s chains, but to live in a way that respects and enhances the freedom of others.” – Nelson Mandela
Today is the 32nd Liberation Day or National Resistance Army/Movement Day, the day that ended the Bush-War of the 1980s in Uganda. Where President Yoweri Kaguta Museveni made his career from being a Minister and a Rebel to become the President. A position and an executive, head of state who has shown no signs of stepping down. He was supposed to be the next generation of leadership. He was the positive force in 1990s and was golden-kid for Bill Clinton on the Continent. While that has disappeared and with time his legacy has withered. Museveni has closely become all the things he fought against, he still tries to use the language and the charisma that he had in his younger days. But its all facade, it isn’t the real deal. That I why I don’t care to drastically demolish the whole speech.
I will just take one principal and one point of it. Because it waste of time to do more at this point of time!
“The fourth principle of the NRM is the democracy. Democracy is clear enough. Ugandan’s democracy, the democracy pushed by the NRM, is much richer than anything, anybody, has attempted to do in the world, other than the ancient Greeks who produced direct democracy, in the City States. We have empowered women, the youth, the workers, the disabled, the soldiers, etc. The NRM democracy must be kukyenuura-based through production of wealth and jobs creation. Kukyenuura means to solve a solvable need” (Yoweri Kaguta Museveni, 26.01.2018).
Well, I don’t know how to start. Let’s talk the steady usage of arbitrary arrests of activists, opposition party members, civilians and direct arrest of opposition leadership. Most of the opposition MPs and leaders has at some point been detained, in court and had cases going against them. The biggest opposition leaders has been charged with treason. Some has been house-arrested without warrants or court-orders for months upon end. So just by looking how the Police and Politics is intervening, you know that the democratic values of the NRM is not going skin-deep. It is more, just to have it, but not making it real.
Another point on Democratic values is to let opposition parties hold consultation meetings, even rallies during election periods and meetings in general to gain interest for their causes and pledges. Clearly, that should be natural, but the most violent and where the most police brutality appear is every time an opposition party leader has a campaign rally. There will be tear-gas, live-bullets and even civilians killed, people patching their hurt in hospitals. All this for showing up to rallies. There been brutal beatings of civilians walking around the area of an opposition rally, they could get hurt or arrested. Even if they even wasn’t involved. This is just the gist of the madness of the Police Enforcement, not even putting in the measures of interrogations, confiscating of party materials, suspensions of campaigns, court orders and even closing of Party Headquarters. All of this is done, to prove that the NRM can do what they want and opposition has to fall in line. This would never happen to the NRM or his party.
Now I just pointed out the arbitrary arrests and crashing of rallies. Haven’t even started on actually balloting and such. I could have continued on the assaults on Democracy with just quotes from the President in 2015 or 2016, even in 2017. He has enough and promised enough venom on the opposition to fill whole books of vomit for our ears and our minds. So, I don’t care for repeating that. I don’t deserve that and neither do you.
Because, the flaws of the Democracy in the Republic is to gigantic in a simple post. Museveni has made sure of that, so that he owns the Members of Parliament, he orders everything as he wants from the State House and secured Life Presidency through yet another change of the 1995 Constitution in December 2017.
So that President Museveni speaks of Democracy and having the best. He better get his mind corrected, get his vision checked and his initial understanding of democracy put under a stethoscope. Museveni has left nothing behind, but cronyism and corruption. Where he is the sole-benefactor and his family. The rest has to beg from him and they are just useful tools for his agenda.
He is the Sole-Candidate, the Sole Party and the Commander-In-Chief, he is the General and the President who doesn’t let anyone succeed him. He didn’t accept losing a rigged election 1980 to Dr. Milton Obote, he has since then fought himself into power in 1986. Since then rigged himself and used all means to stay in power. Therefore, he is not the fella to educate people in Democracy or Democratic values. He should be the last person. Peace.

During the last few days, don’t remember when, but Moses Byamugisha on Social Media showed two pictures, which is a part of the Uganda Patriotic Movement (UPM) Membership Card from 1980. This is the first party of now President Yoweri Kaguta Museveni. It might seem as forgotten past, a past that we should just forgot, but I can’t, it is certain proof of important words and ideas, that still should be worked for. UPM and the agenda that Museveni worked for back-then. Is still worth doing today, even if President Museveni is just working for himself and his cronies. Not working for the betterment of society, that part of him is already gone.
I will first list of the ‘Aims and Objectives’ of the UPM Membership Card. Its 16 points, which seems like points, the Republic still needs and should work for.
16 Points:
1. Unity
2. Democracy
3. National Independence
4. Social Progress
5. Clean Leadership
6. Peace, Security and tranquility
7. Rehabilitation and reconstruction of the nation
8. National Common Language
9. Workers and Peasants participation in the decisions making process of the Party and State machinery
10. Building of a proper defence and security systems
11. Encourage and sustain collective leadership
12. Create condition that will make every citizens have a right to education and medical care
13. Follow and adhere to a policy of a viable mixed autonomy for Uganda
14. Follow a policy of non alignment on a basis of mutual benefits and subscribe to OAU and UN Charters
15. Subscribe to the Basic Human Rights as enshrined in the UN Charter
16. Give moral and material support to the orphans and widows and other victims of the Fascist rule and liberation war
All of this was subtle and good ideas, needed ones that hasn’t lost their power or need. The Republic needs first aim Unity, not only hire and develop the Western parts of Uganda. Just like the troubles of just hiring people from the northern of Uganda under Obote and Amin. Therefore, this is still needed, as the Ankoli and areas around has gotten more and become more important, than the rest of the republic. Bunyoro is getting vital because of coming oil industry. Not because Museveni cares about it deeply.
Second aim, Democracy still needs to be worked upon. By all means because of the Life Presidency, enacted by the National Resistance Movement (NRM). The Second Party of the President, all follows his whip and is non-democratic from the choices of Members of Parliament and their votes. If they don’t follow orders, like voting for life presidency, then they will not only be labeled rebels, but also punished through the party organization. The NRM isn’t democratic, neither is the state. There are lacking democratic decision making and the elections are rigged. Its not the will of the people, but the will of Museveni.
The third aim, don’t need comments, but fourth and fifth needs it. The ‘Social Progress’ and ‘Clean Leadership’. Needs to be address, it is better then back in the day, but having three decades to advance. The NRM should have come much longer, than it has. The Social progress has not evolved, its only for a minority group. Biggest part of society is stagnated and falling behind with unemployment and lack of development. Clean leadership is long gone with Presidential Handshake, pay-off of Members of Parliament, misusing opposition parties and trading position because of loyalty and not merit. Therefore, the NRM have failed with perfection here.
Aim six and seven are questionable at best. ‘Peace, Security and Tranquility’. Peace they do have, but the security and tranquility, not so much. The Security Organizations are more criminal than thieves, they are killers and hired goons themselves. Police are investigated by CMI and UPDF. There are lacking lines and trust to the Courts. The Northern Uganda is done with civil war, but the army has still created uncertainty in Kasese and Rwenzori as they are battling their own. Killings are happening and unsolved by the authorities. Even assassinations of big men within the Security Organization themselves.
The aim eight, ‘National Common Language’ have been effective and worked, as English and Luganda is well-known and most can understand either one or both. The NRM has worked smoothly with this. One of the few things, the NRM actually has achieved. The Uglish is fantastic.
Aim nine, peasants and workers are not really a part of making decisions and taking part of the party. The decisions are made in the State House. It is made by the President and not by Party. The Party is a front and its only there so the President can pay-off his loyal allies. Its seemingly so, when the NRM-O and NRM CEC are made for his best interest. Not to create a better republic.
The tenth aim which is ‘build a proper defence and security systems’. The Military is at its strongest and used as hired mercenaries in Equatorial Guinea and doing United Nations missions in both Somalia and Central African Republic. Its also the main reason for still the current president. He uses the military, because he doesn’t have the popularity. The Security Systems are fragmented and used against each other. Using military intelligence against the police. There is nothing that is certain and you are boggled at how and when something strike. When a crime will be solved and by who.
The eleventh aim to ‘encourage and sustain collective leadership’ is at best questionable at this day and age. The NRM have clearly forgotten this one. They have maybe never worked for this after 1986. That he has talked against sectarian and tribal leadership is well-known, but his achievement is questionable. Since he hasn’t promoted collective leadership, he has promoted his own leadership and the ones loyalty to him without ambition. It is reason why Vice-President Ssekandi are still there and Prime Minister Rugunda are there. They don’t want to get at the king, but if they get ambition to succeed him. Then they get demoted. Check history and you’ll see this.
The twelfth aim for ‘universal education and public health care’. There many more schools under the NRM. Though they are not well-kept or the up-keep is worth mentioning. The literacy rate has been rising in the three decades of rule, but the school system is far from perfect. Since teachers in the districts has side jobs because of lacking salaries, girls skip schools over lacking pads. That was even promised in the General Election of 2016. Still, the NRM haven’t delivered. They promised UPE, but never totally delivered on that promise.
Health care is a place where people are left to die. That is why MPs are getting treatment abroad, the daughters of the President giving birth in Europe. The Health Care is abysmal, lacking medicine, copy medics, X-Rays not working and awaiting between 2013 to 2018 before buying and putting up a new Cancer-Treatment machine. Only one for the millions of citizens of the Republic. There been a blood-drive, because of lacking blood for treatments in the hospitals. The air-machines has gone empty like in Jinja. The NMS hasn’t been able to buy in needed equipment. The Health Care is something the NRM really haven’t delivered anything to be proud of. They have build some buildings called hospitals, but they cannot treat people’s illness there.
The thirteen aim is about autonomy, but that is delivered from the State House. There has been growing amount of districts 118 if my calculation is right. So there has been changes, but it hasn’t given service delivery. Neither or anything visible changes. It is more district centre and more cronies paid-off making the civil service bloated, but not delivering services to the public. So the NRM has delivered dozens of new district and local government entities, but not that they matter. They only matters to the ones who get a paycheck and who is “running” them. But not for the public.
The fourteenth aim is about taking part of African Union and United Nations, the fifteenth aim was also about following their international standards and laws. In the beginning of the NRM rule, as long as he was a part of the new breed of leadership. It was seemingly important to respect international laws and enact those standards. With time this has withered, as he wants to rule on own accord and not let anyone question his reasoning. Therefore, he has become hostile to foreign interference, the ICC and all other who can question his acts and his use of military in foreign countries. Because of the fear of the repression from foreign entities, the former love-affair has become hatred and that has been shown over time.
The sixteenth aim has been done in some instances, that someone has gotten land and gotten measly awards. The State haven’t made functional programs, but more public givings and sudden awards as part of public display together with honors at liberation celebrations. Not really trying to give funds and such. NRM Historicals of all kinds, NRA soldiers and familes, haven’t been compensated, neither has the losers. They have gotten retaliation. So there are many families in disarray and lost of promises.
The whole republic has seen all the empty promises and the prospects of the Museveni era. He has had 32 years to create a state in his vision. The UPM isn’t that far from the 10 Point Program, that I have also dismantled, actually twice.
This here is another proof of how he promise big, but doesn’t deliver. Don’t be surprised, he is all talking big game, but never showing it on the touchline. He might be in the box, but never score. Peace.

The National Resistance Movement (NRM) have over created a growing the debt. This meaning parts of the Financial Year of 2018/2019 is directly going to repay debt. NRM Regime is clearly paying more and more on the debt, than what they are paying for government services and also interest payment. The citizens of Uganda should be worried about how the NRM is projecting and using their funds, how they are adding debts to pay old debts. They are really disrespecting the wise people and the Republic. Since, they are over the time, not making the economy more healthy, but making it more sick. The signs has been there the last few years, as they are projecting petroleum profits. Even before it hits the ground running. It is worrying, that they are showing it this month in the numbers from the Parliamentary Budget Office.
“The Present Value of public sector debt to GDP stood at 27.1 percent in FY 2016/17 and is projected to increase to 31.2 percent in FY 2017/18 below the thresholds of 50 percent stipulated in the Charter of Fiscal Responsibility” (Parliamentary Budget Office, P: 2, 2018).
If you wouldn’t worry that the debt in the public sector rises with 4.1 percent in one year. I don’t care about the charter. When a state is able to make it rise with 4.1 percent in budget year, it shows that the economy is not fiscal responsible, neither healthy. It’s like continue to super-size burgers, when you already fat and having high blood-pressure. It will weaken the system with the continued eating of the super-sized burgers, instead of trying to find a healthy diet. Which will change the blood-pressure and how the body will feel with a balanced diet. However, when it comes to economy, the NRM doesn’t believe this.
“Domestic refinancing (borrowing to finance domestic debt) will account for 22 percent of total domestic resources” (…) “Domestic borrowing for purposes of financing the deficit is projected to
amount to UGX 939.9 billion” (…) “Project support will account for 97 percent of the total external resources while budget support will account 3 percent (from the World Bank and part of the PTA loan)” (Parliamentary Budget Office, P: 4, 2018). “Interest Payment projections include UGX 2,279bn for domestic securities (Treasury bills and bonds) and UGX 422bn for interest on external debt” (Parliamentary Budget Office, P: 5, 2018).
This here shows how the state is financing the debt and the repayment. Also how high they are pushing the domestic resources to repay domestic debt. This is clearly hitting the economy hard, when so big parts of the budget and resources is spent on repaying debt. This is all destroying the possibilities, since its taken a giant slice of the budget and using it on debts instead of paying salaries of teachers and civil servants.
This are the numbers, that people should take to heart. Because this debt and the rising debt is eating the budgets. The state is making it grow and is not containing it. That should worry anyone. Especially, the NRM who is in-charge and the President who has created this avenue and has to make sure this get payed. Peace.
Reference:
Parliamentary Budget Office – ‘INDICATIVE BUDGET AT A GLANCE – FY 2018/19’ (January 2018)




I am not a critic of Dr. Kizza Besigye, I am a supporter and a well-wisher of the cause of the man, who is one of the founding men behind, the Forum for Democratic Change (FDC) and a hardliner against the President Yoweri Kaguta Museveni regime. This should be well-known, so before you critique me over this, let it be known. I just want the best for the cause and for the total destruction of the National Resistance Movement (NRM) government. That would be golden and the best. To destroy what is there and then rebuild. Since the Ugandan government is rotten to its core and its roots are rotten, because the President want to direct order everything from the State House.
In November 2015 before the General Election of 2016, the then newly elected Presidential Candidate for the FDC, Besigye launched the ‘Defiance Campaign’. A campaign that has been suspended by the authorities, have gotten him house-arrested and also gotten many of his allies detained. This campaign really showed the impunity of the state against the opposition. Also, how much the state uses their resources to take control, instead of actually having a real democracy. The Campaign of Defiance really undressed it once and for all. With all the roadblocks, the closed off stadiums and rallies, all the activity that has been stopped and the live-bullets together with tear-gas. The proof of the impunity can be traced to the Campaign of Defiance, combined with the swearing-in of Besigye as People’s President. As he was taken to Moroto and was charged with treason. A charge he still has to this day and a court case that is still not dismissed.
In May 2017, Besigye launched the ‘My Land My Country’ Campaign against the Constitutional Amendment that was pointed to make it easier for the government to expropriate land for public use or development. A Constitutional Amendment that the President has had a Radio Campaign for late last year, while Besigye himself was blocked from doing similar. This campaign has come on the back-burner as the other Constitutional Amendment and campaigning against that took the most of the energy of the opposition in November and December 2017.
So now in January 2018, the People’s President has launched another Campaign, the Tubalemese, which could be seen as inspiration from the National Super Alliance (NASA) campaigns after the turbulent days after the second presidential election in October 2017. The newly inspired campaign seems like and sounds like what the NASA is doing in Kenya. That meaning FDC is taking advice and following the Odinga paradigm. Since the Besigye plans and former campaigns has not made fruits or made the juice. It has not created a ripple effect. After a while it has died down and nothing sustainable gained.
We cannot see anything significant happen out of the defiance campaign, the momentum and the popularity of Besigye. Didn’t make changes or make it possible for a transition from Museveni. Since the fear of smearing and weapons of the President could hurt the ones who turns against him. Museveni is without mercy and without any of a rebellion. Therefore, as long as the campaigns have been made with half-heartly, he have let them happen and when they are spinning. He uses the police force and the courts to stifle them. That is why its sad to say, at the top of the Defiance campaign, the Besigye leadership and people around him didn’t push it further. They just stopped and let it go.
Besigye lost his traction, the My Land My Country, never really got anywhere and the campaigns haven’t made progress. There been more substance of the giving of foods to Isingiro and other districts, than what the campaign on land could ever gain. The FDC and the newly elected leadership should focus on one campaign, use the newly elected leadership on the front-line together Besigye. Not let him stand there alone in the darkest hour, but support him when the rain start to fall. They are there in the sunshine and when they need his popularity. However, when the darkest hour comes, they flee like insects to find either food or light.
Besigye deserves credit, he deserves support and his persistence and hard-work should be recognized. He has fought for the cause for so long and with such bravado. Not like he has given up or given in. However, Lukwago are there and uses his position. Certain others do to, but there should be more people around to show the respect for the cause. Besigye needs ground support and needs to see the public swing in his favor. The fear of repression has to stop at one point.
If this campaign is no more than a public display and a PR stunt. The public deserves better and Besigye deserves so as well. I want him to succeed. However, so many other campaigns has run into the sand. So much squabble and fighting that has not changed the system or taken away any power for the President.
But we do know if the President and his security agents feels the pressure, the opposition will be arrested on phony charges, his leaders around him too. They will not be allowed to breathe, the Kasangati home will he a prison and he cannot even go out an buy meat at the market. Besigye knows this and the public knows this too. However, if they want Besigye to succeed. They need to stand behind on the barricades, they need to walk with him. Not only in spirit, but in action. Peace.