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The Murchison Falls Drama of 2019: A unique National Park possibly destroyed over some hydropower!

In the Uganda Investment Authority (UIA) in 2019, the UIA released a report, the 3rd Edition of “Bankable Projects – Viable Investment Opportunity” among those are tourism investments, which is one point of attracting more tourists to Murchison Falls. Where they are proposing building High-End Cottages, Luxurious Hotels, House-Boats, Cruise Launches, Walking Safaris for instance. So, the state and its authorities has the ideas for what’s of value at Murchison Falls. However, today they back-tracked their earlier verdict of August 2019 and plan to do it anyway. Which is disgraceful and possibly starting a process, which will cause harm to one of the national treasures. That is world renown, but still that doesn’t seem to matter.

As the Electric Regulatory Authority clarification of June 2019 said:

ERA is mandated under Section 29 of the Electricity Act, 1999 (‘the Act’), to receive and process applications for licenses. In line with this mandate, on 25th April 2019, ERA received an Application for a permit to conduct feasibility studies from Bonang Power and Energy (Pty) Limited” (…) “A permit issued under sub-section (1) of Section 31 of the Act allows the intended applicant to carry out studies and any other activity that may be necessary to enable the intended applicant to prepare an application for a license to construct a Power Plant” (ERA – ‘CLARIFICATION ON THE NOTICE OF INTENDED APPLICATION BY BONANG POWER

AND ENERGY (PTY) LIMITED TO ESTABLISH A 360 MW HYDROPOWER PLANT NEAR

MURCHISON FALLS’ 11.06.2019).

So, ERA have given the Bonang Power and Energy a permit to do assessment and ability to do a conduct feasibility studies of the Murchison Falls for possible building a power plant there. This is the first step of plenty to ensure the falls in the National Park are built. It starts with a permit and later another permit and memorandum of understanding between the Republic and the company.

Also, the letter of Association of Uganda Tour Operators Ltd called ‘PLANNED CONSTRUCTION OF HYDROPOWER DAM OVER THE MURCHISON FALLS’, where it says: “Murchison Waterfalls from the top all the way to the delta at its confluence with Lake Albert including Uhuru Falls, is a Ramsar site, designated to be of international importance under the Ramsar Conventionon Wetlands; an intergovernmental environmental treaty established in 1971 by UNESCO, which Uganda is also signatory to. His Excellency Yoweri Kaguta Museveni the President of the Republic of Uganda has numerous times mentioned that we have more electricity than we are consuming and surplus is increasing. This cannot be the time to trade-off a natural wonder of the world for an electricity dam” (Association of Uganda Tour, 10.06.2019).

As this continues… the Minister said this in August 2019. Peter Lokeris MP, Minister of State for Mineral Development statement on the 21st August 2019: “On 25th April 2019, the Electricity Regulatory Authority received a Notice of intended Application for a Permit from Bonang Power and Energy (Pty) Limited to undertake feasibility studies and other related activities in respect of the proposed 360 MW Uhuru Hydropower project to guide the decision on development” (…) “These facts were brought to the attention of Cabinet for discussion and further guidance. Colleagues, I wish to report to parliament that Cabinet decided that Uhuru site and Murchison Sites should for now not be developed for hydropower generation. The site will be retained as it is and conserved for tourism activities” (Lokeris, 21.08.2019).

UWA says irs unthinkable:

The Construction of a dam at Murchison falls was termed as “unthinkable” by Uganda Wildlife Authority and vowed to fight the project. Similarly, part of Bugoma forest home to over 500 chimpanzees is to be destroyed for sugar cane plantation. Situated in the hearty of Murchison falls national park, Murchison falls is one of the natural wonders after Which Uganda was called the “Pearl of Africa”. The falls is undeniably one of the top tourist attractions in the country, a must visit by most travelers on Uganda safari” (Uganda Gorilla Tour – ‘UWA To Fight The Construction Of A Power Dam At Murchison Falls By ERA’ 18.06.2019).

So today, this is the news still: “We should investigate through the implications of the power dam. We have backtracked on an earlier decision where Cabinet had resolved that the feasibility study should not be conducted,” Kiwanda said. Government says that as Uganda’s economy is getting industrialised, more electricity needs to be added to the national grid to power the industries. The proposed power dam is estimated to produce 360MW of power” (Norman Mwambasi – ‘Murchinson Falls in danger as Cabinet resumes plans of power plant construction, 28.11.2019).

We know that the state has back-tracked today. That Ernest Moloi is surely on the right way and the path of succeeding in building a power plant in the middle of Murchinson National Park. That should be avoided. That is if the UIA and UWA get their way, then the public have saved one area.

The State told in August it would ditch the permit study the falls for a possible dam. That’s the first official step and also touching it. To see if there is viable possibility to build a dam, which the fall can create a hydropower plant there.

This is one of the places the state should avoid. Just like the Sipi Falls and others, which are landmarks and unique. Where they can continue to take care of the environment and still earn foreign currency on the tourists visiting. The last few years statistics too, shows that the Murchison Falls Park is the most popular to visit after Queen Elizabeth National Park.

Its really tragic that the state opens up for this in November, when they said no in August. The outcry will be the same and the proof that short-term gains is more important for sustainable growth for this government. Everything can be destroyed and measured into hard currency, without any consideration for the aftermath.

Murchison Falls should be saved. Point blank. Period.

Sukulu Phosphates Plant: A Chinese Nugget!

Well, it had to come to this. On the opening day of the Phosphates Plant in Sukulu in Tororo District. Someone digs into the back history of the industrial adventure done today. Like we had to have the knowledge of the President launching it for the first time:

President Museveni launched the construction of the complex in August 2014. The construction work was expected to be completed by the end of this year, however, there were delays in securing funding from the banks, and also technology that will be employed” (Uganda7 – ‘Sukulu fertiliser factory to open in October’ 25.07.2018).

Therefore, this is a long story, even to the early days of the Museveni administration, when they were conducting studies with African Development Bank and the World Bank to find a good way of utilizing the reserves and mineral rich area of Tororo. This they started on in 1989. Surely, the President has forgotten about the companies and the ones involved back than. The study of the possible comes from back-then. The one well known, as the original studies back to 1950s is not that accessible. However, it is more to the story. Before it became a Chinese Nugget and a possible mine for them.

Sukulu Hills:

The Study concluded that the Sukulu Hill deposits, the largest one in East Africa, with reserves estimated at about 230 million tons of residual soil with an average grade of 11-12Z P205, are easily mineable–as confirmed by a successful trial mining test executed under the Study; and furthermore, that on-site beneficiation of the rock could upgrade the P205 content up to 40-44Z, a level among the highest in the world. In order to select the optimal plant configuration, the Study considered 29 different scenarios, from the simplest ones (ground rock, partially acidulated rock, single superphosphate)to the most complex (triples uperphosphate,mono-ammonium phosphate, diammonium phosphate), at different levels of plant capacity and under different assumptions of sulfuric acid availability. A plant with a capacity of 217 i000 tpy of SSP based on local sulfuric acid production from imported sulfur was recommended as part of the optimum project configuration” (World Bank – ‘PROJECT COMPLETION REPORT UGANDA – PHOSPHATE ENGINEERING PROJECT (CREDIT 1228-UG)’ (13.06.1989).

Uganda Investment Authority in 2016:

Nilefos Limited, a local company, has acquired an Retention Licence for the Sukulu deposit. The company is seeking for joint venture partners to develop the mines and manufacture phosphate fertilizers and other by-products” (UIA – ‘Background to the Mineral Sector’ 07.12.2016).

IGG 2014:

According to the IGG report, Frontier, which counts former Commissioner Joshua Tuhumwire among its senior management, sent two of its staff to file an application for an exploration licence at the DGSM on 26 June 2013. According to the IGG report staff turned them away allegedly citing an instruction from the Commissioner Edwards Katto not to accept any applications for the Sukulu project. They complained to the IGG about the process. As a result the IGG published a number of concerns relating to Guangzhou’s successful application (through its subsidiary Hui Neng)” (…) “According to the Mining Cadastre the Guangzhou exploration licence was applied for on the 24 June 2013 and granted on the 1st of August 2013. Their mining lease was granted on the 29 October 2014. 198 In December 2014, after Guangzhou had received its licences Edwards Katto’s daughter was sent an invite for her to visit Guangzhou’s headquarters, with accommodation at their expense. Nilefos also raised concerns in court that the legal firm, ABMAK, is headed by the son of the then Permanent Secretary to the Ministry of Energy and Mineral Development – Henry Kaliisa which it considered to be a conflict of interest” (Global Witness – ‘Under-Mined’ June 2017).

We can see the hands of Minister of Energy Muloni and others, who clearly didn’t follow protocol on the quest of getting license for the Chinese Mining Corporation, as they differed and moved away from the prospects of a local mining corporation Nilefos, who had been there for a long and even made a feasibility study in 2010 for their operation. Certainly, the Ministry knew about this. But the backroom arrangement was so, especially considering the Ministry was meeting the Chinese, while having licensed to Nilefos. That was known in 2013, as they wrote it on the UIA pages in 2016. Nilefos still had it, who knows if the Chinese had to cough up monies to payout the Nilefos. Because that is the backroom deals we don’t know at this point and who in the Ministry who are beneficiary of the deal that has been done.

When the IGG is not allowed to publish a report on the transactions and licensing of the Sukulu Hills and the plant itself. You know something fishy is going on. There are something up and it isn’t all positive. As well, as how the local has been taken care of, as their houses and plots has been evicted because of the building of the plan.

Like the stories like these:

In December 2014, the government signed a deal with Guangzhou Dongsong Energy Group Ltd, a Chinese company, to develop phosphates in Sukulu, Tororo District. A total of 4,800 people are expected to be displaced by the project. Affected persons claim they did not understand the terms of the surface land rights lease agreements and were duped by ‘middlemen’ to sign them. General Comment No 24 should clearly indicate the State obligation to ensure free prior and informed consent principles and access to information that is in the hands of both the state and business entities” (UCCA – ‘Comments on the draft General Comment No. 24 on State Obligations under the International Covenant on Economic, Social and Cultural Rights in the Context of Business Activities’ 2016).

As seen by the IGG report and also by the UCCA. There been double-dealing of the license and not by protocol or righteous compensation of the ones living on the land. The Sukulu Plant could have been a positive development and something hopeful. Instead, by looking into it. There are a lot of shadiness going on and its not a good look. This is not a significant story when concerning this President and his administration. However, it shows how personalities and their drive, counters legal justification and finding a common ground. They are land-grabbing and essentially also overpowering the ones already planning to extract the minerals here. This has been done deliberate and with one intent.

The Chinese got the nugget and got the opportunity. The IGG report, which has been kept a secret shows so and the Global Witness is showing it. The President surely has put his stakes into this and therefore, been at the opening in 2014 and now today in 2018. He has clearly had his eyes on this and now was the time. Peace.

Possible outcome of the revised Investment Code of 2017!

Yesterday at the Plenary in the Parliament, discussed the revised Investment code of 2017. Which in its self isn’t the most exiting thing. Nevertheless, the reality is that this is now in Parliament shows a push from the Members of Parliament and the Committee of Ministry of Finance, Planning and Economic Development (MoFPED). That they are up to something. They are trying to forge something ahead. However, as the President has claimed the bureaucrats for being lazy, this shows another attempt. However, if this parts of the laws are enacted. Will ensure that it takes longer and the quality of the Foreign Investor to hold onto the new demands of the state. This will also give more power to the Uganda Investment Authority (UIA).

As the September report on the bill states. They will register all investments and all incentives inventory, as off who is doing what and licensed to do. As the Foreign Investor has to comply too a more rigid laws to be able to in the first place now.

Because the change of laws is that an exports of a minimum of 70% of the production in the given incentive, hire at least up to 60% Ugandan citizens and accept to monitored by the authorities and the statutes within the law. This being the UIA, which has the oversight.

The Incentive before launching has to verified and certified by the UIA. The same authority that has oversight and register the incentives. The Foreign Investor has to notify the UIA if they are complying with their inventory to the UIA as per law.

As to make it more hectic for anyone to invest is not allowed to directly to be investing in farming, as production of agricultural output. They cannot do that, but they can be able and allowed to own factories and businesses that helps the farmers to get better crops or bigger livestock.

The law states further the priorities for a Foreign Investor, as per law: “1. agro processlng; 2. food processing; 3. medical appliances; 4. building materials; 5. light industry; 6. automobile manufacturing and assembly; 7. household appliances; 8. furniture; 9. logistics and ware-housing; 10. information technology; or ll. commercial farming”.

This really put the parameter for what they can and cannot do. They are specific as to who allows, what sort of investment, who certifies and who monitors. Therefore, a foreign investor, by law has to comply a lot more and has to have more paperwork to prove his business-plan, prove his investment, his hires and his initial plan for getting exports of the giving products. This will clearly hamper investments and create a longer time-table for them. As the Foreign Investor cannot focus on local market, but on international market, because that is how it is by law. In addition, when you invest in something, you don’t want to loose your certification or your rights to produce or export given products.

Also, the same investor needs to incorporate the business with the Registrar General, a certified of remittance by the Bank of Uganda, the second, the certified of remittance to lodge an application to the Department of Immigration and this department have to give the Foreign Investor a permit to do stay and do business in Uganda. Therefore, before engaging with the new criteria of the UIA and MoFPED, the investor has to get the BoU in check and get the Department of Immigration. If all of these factors doesn’t slow down a process, nothing does. This is clearly a way of securing jobs for bureaucrats and lesser the burden of the foreign exchange and remittance in general.

  1. Get UIA Approval and Certification of Business
  2. Get BoU Certification of Remittance
  3. Get Department of Immigration – Permit and Application of Remittance
  4. Getting monitored by the UIA to see you comply with the codes.

If that sounds like an easier way in, it doesn’t, more offices and paperwork, before even spending money. This code will clearly hamper more foreign investors from coming, unless they are giving Presidential Handshakes to the President. I am sure he then lets them in. Peace.

Opinion: If Bosco and NRM have a problem with foreign interference, than stop taking their money!

Charity … is the opium of the privileged; from the good citizen who habitually drops ten kobo from his loose change and from a safe height above the bowl of the leper outside the supermarket; to the group of good citizens (like youselfs) who donate water so that some Lazarus in the slums can have a syringe boiled clean as a whistle for his jab and his sores dressed more hygienically than the rest of him; to the Band Aid stars that lit up so dramatically the dark Christmas skies of Ethiopia. While we do our good works let us not forget that the real solution lies in a world in which charity will have become unnecessary.”Chinua Achebe

At this days, the National Resistance Movement (NRM), the peddlers of information and defense of the ill-advised activities of the Ugandan Government are now attack the Foreign Donors for interfering in internal affairs in the Republic. However, what would President Yoweri Kaguta Museveni and the NRM do without the donor funds and direct government support?

As every time there is a launch of government programs and development projects, it is mostly based on foreign currency and funds, which secure the needed services of the government. That is why if a road is built, if a bridge is fixed or even possible investments into oil industry. It all defines by the need of foreign investment and donations. As without these, the government wouldn’t be able to carry it, as they are drowning in debt and lack of fiscal financial funds to actually do it. That is why either United States, European Union or China is behind the support of various development projects and direct government funds.

However, if the Republic has an issue with the criticism from the EU after the Arua By-Election. Then first do yourself a favor. Stop taking their money and their government support. As they are the ones pledging these funds and therefore, they are not wanting to help a government that hurts and kills own citizens to stay in power. That is why the EU is reacting to the open-bazaar torturing and oppressive behavior of the NRM regime. Bosco and his henchmen might be mad that this is leaking and that this hurting their pride. Nevertheless, if they have an issue with the EU, take it in the diplomatic channels and also address it as political operatives. Instead, they are attacking the EU. They should be lucky that the EU isn’t suspending their funds and stops direct support. Because we have seen what that did to Uganda, when the World Bank suspended funds to Uganda National Roads Authority and stopped building roads for a while.

Therefore, if the Ugandan Government don’t want to be transparent or questioned for their behaviors by donors or even foreign powers. Stop taking their money and use their funds for needed government services. Stop taking the donations and loans, the fiscal supply from abroad and forget that there is no free money. There will be strings with taking the money from either Multi-National Organizations, the Breton-Woods Organizations and the other Aid Agencies. All of them have a mission and policies to follow, just like the state. So if the state they operate in breaches this, they have the rights to voice it out. As this is their money and they are using them in Kampala, instead of Mogadishu or Kathmandu.

That is why the NRM and Bosco has to get real, they are not donor darlings anymore, because the reality of the acts of this government is shown to the world. Not because of Bobi Wine, but because of what the NRM does. Their acts are shown and repeated, beating civilians, not taking care of their ill bodies or even making sure their rights as citizens are respected. Especially if they question the President and his party. That is a no-go.

Therefore, the NRM and Bosco have to decide, do they want to only take loans without any interference from China or do they want funds with strings from EU/USA? Does the NRM and Bosco want to make sure that they can pay-back the loans and interests to the Chinese? As they are not as forgiving as the Western Powers, as they did write-off loans in 1980s and early 1990s to Uganda. That should be remembered, but Museveni have become forgetful, unless it fits his continued existence and rule.

That is why the defenders of the government and party, should ask themselves, if it is so critical and important to be independent and sovereign, why take foreigners money anyway? Can you not operate without it? Then you are totally free and they can shut-up, as they are not contributing anyways. They can just be naysayers from abroad and their input will not have any force behind them. However, now, the Ugandan government should ask themselves?

Can you stop the donations, the loans and funding from all the stakeholders and be truly sovereign?

If so, than the power of the donors will be depleted and their reach will be less. However, as long as they are letting donors be key part of government programs and development projects, they are obliged to listen and follow some of the strings attached. Peace.

Uganda: Cabinet Decisons taken during the Cabinet Meeting held on Monday 10th September, 2018 at State House, Entebbe (10.09.2018)

Has the Cabinet repealed the laws to able to merger the Authorities and Agencies? Didn’t think so!

Today, must been a day that President Yoweri Kaguta Museveni have suddenly awaited for since writing a letter dated on the 17th July 2017 titled: “Re: Mushrooming Agencies/Authorities” sent to Finance Minister Matia Kasija, to tell this:

Why, then, should you separate the policy role from the regulation role for the non-commercial bureaucratic portions of the government; Forests, National Parks, Roads, NAADs, etc? Their functions are just two: policy and regulation. There is no business involved. If the Ministries of Works and Finance want to form Road Construction companies that will compete for construction jobs, then it makes sense for those companies to have Boards and Management but not a Board for a unit whose only job is to award contracts using government money” (Museveni, 17.07.2017).

That is why the Press Conference done by Frank Tumwebaze today, was to tell what the giant Cabinet has decided to do on the 10th September 2018. Which is more than one later and also 9 months after the fixed deadline President Museveni gave to Cabinet. Seemingly that haven’t matter. What matters to me, is that they are closing Authorities and such, which is there by law. They are not repealed or gone, as the Cabinet of 80, should be able to figure that out, but certainly they are more preoccupied with doing measures that pleases the President.

I will looking into a few of the Agencies and Commissions that are now in the spotlight, as most of these are parts of laws and are in-forced. Meaning, this laws needs to be repealed or amend them. To take away the legality of having the set commissions and such. This is something the President and the Cabinet should already know, however, this is more a learning sessions of the ones that is mentioned for being reverted into the Ministries of the Republic.

With the likes of Uganda Retirement Benefits Regulatory Authority (URBRA), which was commencement on the 26th September 2011. Have the cabinet a plan to repeal the Uganda Retirement Benefits Regulatory Authority Act of 2011? Until then, they cannot discontinue this Authority, right?

The same can be said with Uganda Free Zone Authority (UFZA), which was established because of the Free Zone Act 0f 2014. The Uganda Investment Authority (UIA) was established by enactment of the Investment Code Act of 1991. The same can be said that Uganda Export Promotions Board Act of 1996 established the Uganda Export Promotions Board (UEPB). This is just three acts, which shows there was laws creating these ones, that being URBRA, UFZA, UIA and UEPB. This I did with very little or no research, all of these laws are still in-force, meaning that they have to repeal these to kill of these boards and authorities.

Who knows if it similar with the rest of the Authorities, but if I was working there, I would sue the government as the laws are allowing their existence and their mandate under a minsitry and lawful funds to operate. Therefore, there should be reactions to the Cabinet Resolutions.

At this point, if there is any rule of law and the laws have some value, than the government should work on repealing the Authorities laws and ensure there is no legal ground to keep them alive, if they are a waste of government resources. Until, then, the laws are giving them mandate and also a lawful existence, no matter what the Cabinet enacts or written resolutions. Peace.

#Scambailouts; Moses Musinguzi Vs. Bailed Out Companies on Good Governance (29.07.2016)

Petition 28.07.2016 P1Petition 28.07.2016 P2Petition 28.07.2016 P3Petition 28.07.2016 P4

Seemingly the Ugandan Government bailing-out corporations… or is it way of Mzee to give monies to his loyal cronies?

Scambailouts Uganda

There are talks of bailing out businesses or corporations in Uganda, as the failing; it is not only the Republic of Uganda or the Government of Uganda is striking more and more debt to fulfil the budgets. As that happens, the businesses together with Ugandan Banks are sustaining investments and fiscal monetary situation for industries and businesses; something that is occurring with a steady pace.

The Steady Progress from the National Resistance Movement comes with a price of loyalty of the cronies and the elite; that happen to be fundraising for the NRM-O before the General Election of 2016 and building the famous “NRM-House”, for some strange reason never sees the light of day. Dwindling away in T-Shirt Money and other ways of funding the expensive campaign of ruling regime.

Here is some of the companies and some information on them. There are many more, but this shows certain levels of questions and also, the needed for funding should be gone, except if the owners have allegiance to the NRM-Regime. So it seems like the Executive wants them to have debt and all of a sudden he needs to save them.

Shumuk

Shumuk Aluminium who has failed on loans; these loans are Shs. 8.2bn to DFCU Bank, Shs. 6.6bn to Baroda Bank and Shs. 17bn to Crane Bank. The Shumuk Group have been an industrial manufacture that has made everything from steel to plastic bottles in Uganda since 1984. That is now troubled in debt, has also gotten donor-aid or grants through Danish Aid in 2008 on the level of USD 170.102 and in 2006 a total USD 167.940.; Still with time been able to get unsustainable, really?

Roofing Steel Mines have failed loans; Shs. 201bn to IFC and Shs. 8bn to Diamond Trust Bank. Company’s assets supposed to be Shs. 15bn. It’s a company that has existing since 1994. “Mr. Sikander Lalani, Roofings Group has recently completed its ambitious expansion plan by commissioning Roofings Rolling Mills (RRM) limited, a Ugx320 billion(US$127 million) mega project which is set to change the face of steel manufacturing in the East African Region. This state of the art complex is located in Kampala Industrial Business Park, Namanve” (Constructionreviewonline.com, 2013). In 2014: “Prime Minister Amama Mbabazi and his wife Jacqueline were the chief guests at the Serena event, hailing the Lalani family for creating jobs for Ugandans in their business empire and contributing to economic development of Uganda” (Scoop.co.ug, 24.01.2014). Apparently now the business of Lalani is creating a debt issue and not jobs.

BM Steel has debt of Shs. 66bn. President Museveni said this about the company in the 2015: “The recycled steel that is being produced by Casements, Roofings, Tembo Steel, BM Steel (Mwebesa), Modern Steel etc. cannot be used for very high-rise buildings, hydro-power dams etc. It does not have that strength” (Museveni, 29.04.2015). With this in mind the quality of the steel is low, but their debt is still raising, and the same apparently with Roofing as well, who has debt. Worrying sign?

Salim Selah NAPIL

Namunkekera Agro Processing Industries Ltd (NAPIL) has an outstanding debt of Shs. 4.8bn to the Uganda Development Bank. It was incorporated 25.06.2007. It is a business run by the family member of President Museveni, General Salim Selah. In 2015 Gen. Selah said this: “made these remarks as he toured 40 agriculture projects under the umbrella of Namunkekera Agro Processing Industries Limited (NAPIL) in Kapeeka” (NTV Uganda, 20.03.2015). So the Government will on this bail-out the family member for his miscalculation on the Agricultural investment.

Job Coffee got a debt of Shs. 21.3bn to Stanbic Bank. In the month of September 2014 number 7 exporters from Uganda, with 7,960 bags of coffee. Total market share of 2013/2014 we’re 1.97%. What has happen since is not easy to know, but what is certain is that they have accumulated debt.

Simba Group owned by Patrick Bitature has debts of Shs. 210bn. In 2012 Forbes wrote this about him: “Bitature is the founder and chairman of Simba Telecom, East Africa’s largest mobile phone retailer with over 100 modern retail outlets in Uganda, Tanzania and Kenya Telecom. The company is also the largest mobile phone airtime distributor in the region. Bitature owns Protea Hotels Kampala, a 5-star hotel located in the upmarket suburb of Kololo in Kampala. He is also chairs the Uganda Investment Authority and Umeme, an energy distribution firm which is gearing up for an IPO on the Uganda Stock Exchange” (Nsehe, 06.11.2012). In 2015 in the African Report said this: “When asked about his net worth, he says: “That I don’t talk about. I have shares in listed companies in London, Johannesburg and here. The share prices keep changing. All I know is that I have a portfolio of different companies.” He says Simba Group employs more than 1,700 people” (Mbanga, 19.06.2015). Certainly he should talk about his net-worth now as his being bailed-out in Uganda, maybe he should sell some of the companies in London and Johannesburg, if he is as rich as that or maybe it is just big-talk?

Freedom City

Grapes Construction has a debt of Shs. 100bn to Stanbic Bank. Who owns the Freedom City Mall in Kampala; The owner of Grapes Construction is subsidiary of Grapes Group who is owned by John Ssebalamu. In 2014 he had an issue with the Kenyan renter at the mall of the Company UCHUMI: “At the end of last year, it emerged that Ssebalamu the owner of Freedom City had sued UCHUMI for failure to pay him arrears amounting to over Shs340million” (Red Pepper, 2014). In 2015 he had monies to spend on the NRM: “John Ssebalamu shs100M”. This Shs. 100m was going to build the NRM House, so the coins given seems to give back profits. (Xclusive.co.ug, 28.06.2015).

Sojovalo Hotel has debt of Shs. 8.3bn to the Kenya Commercial Bank. The owner William George Kajoba also gave Shs 50M to the NRM House(Xclusive.co.ug, 28.06.2015). So with this new project from the government, the pledge in 2015 gave a hand back to the businessman and his Hotel close to the Kabaka in Kampala.

Krone Limited Uganda

Krone Uganda Limited owes Shs. 2.5bn to the Tropical Bank; the business has 3.000 empolyees. Krone Uganda Ltd is the largest miner and exporter of wolfram (tungsten). In the Daily Monitor in 2015, this was written about the company: “the ministry refused to allow them export three containers – 20 metric tons of wolfram worth about Shs1.4 billion ($450,000) that is stuck in various warehouses. They are charged Shs640, 000 ($200) every day as “demurrage” (charges that the charterer pays to the ship-owner for its extra use of the vessel) since February” (Musisi, 18.07.2015). So the government own policy on mining and Value-Added Producing is the reason behind the debt growth of Krone Uganda Limited.

MS Frank Ssonko Ltd owes Shs3.5bn to the Crane Bank, but got assets worth Shs. 9.9bn. Another one is Ahmed Zziwa owes Shs. 10bn, but has assets worth Shs. 20bn. Ahmed Zziwa are the owner of Anglo Fabric (Bolton) limited who imports and sells soap in Uganda. Steven Mukasa owes Shs. 10bn. While having Shs. 40bn in assets. Even owning land on Makerere University, at the level of 8 Acres and even at one point was putting Prof. Baryamureba for stealing Shs. 140m of building material from him in 2010. So he must be NRM guy!

I hope this was enough for now. Not to talk about too much tax-money given away in the name of saving them, instead of making the rich even richer! Peace.

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