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Corrupt People Disturb Investors Like Parasites, I Will Deal With Them – Museveni Commissions Fertiliser Factory

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President Yoweri Museveni has vowed to deal with corrupt officials because they disturb investors like parasites and stifle economic growth.

While commissioning the first phase of the Uganda-China Free Zone of International Industrial Cooperation project in Tororo yesterday, the president said, “Uganda will undoubtedly become prosperous but I know we must fight corruption. Those engaged in corruption will be dealt with. They disturb investors like parasites. We are going to lock them up. It is a simple fight once we have evidence.”

The first phase includes an office living base, mineral dressing plant, phosphate fertilizer plant, unbaked block plant, machine repair centre and a laboratory centre.

“In my Economics class at high school, I learnt about the four factors of production; land, labour, capital and entrepreneurship. While Uganda is endowed with natural resources and affordable labour, we do not have much capital nor entrepreneurs . This is where the partnership with China comes in handy.

I thank the Chinese government for support extended to us through investors like Guangdong Dongsong Energy Group, which was mobilised by Ugandans living in China and their counterparts living here to come and establish this project.

The Chinese government does not only support these money-making projects, but also supports infrastructure. These factories need electricity and the Chinese have supported us in the construction of Isimba and Karuma dams.

I am told that when operating at full capacity this Sukulu factory needs 120 megawatts, which is nearly all the power currently generated at Owen Falls Dam (180MW). That is why the government intends to construct more dams,” the president noted.

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Liquid Telecom Uganda Joins Muslim Fraternity In Fasting

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Liquid Telecom Uganda, the leading independent data, voice and IP provider in eastern, central and southern Africa has joined Uganda’s Muslim fraternity in Fasting and observing the holy month of Ramadhan.

While supporting the Muslim Community at Kibuli Mosque, Kampala on 17th May 2019, Liquid Telecom acknowledged the contribution that the Muslim customers bring to the business and to the country. During the event, Liquid Telecom handed over items which included food stuffs and gifts to the Muslims in celebration of Ramadhan.

The company identifies and has values that always puts its clients and Ugandans happiness at the forefront of its plans and operations. “We believe that the milestone achieved by the firm are a result of the overwhelming support that we enjoy from the public and therefore we must reciprocate the love. There is no better way of doing this than joining our Muslim brothers to observe this holy month in fasting,” noted the Liquid Telecom CEO, Dennis Kahindi.

The CEO also reechoed their customer-centric innovation approach which leverages customer needs to serve better by delighting our customers. He noted that, the firm’s future-focused approach to new product development makes their services enduringly adaptable. “Our agile, flexible and dynamic business model keeps us at the forefront of telecoms innovation. And by listening to customers, we ensure that our solutions are constantly evolving to meet their needs,” explained Kahindi.

He also commended the exemplary contribution that Muslim community brings to LTU. “We have a huge customer base as well as staff who are Muslims by faith. Its therefore imperative to note that Islam faith is one of the pillars that keeps our firm steady in Uganda,” added Kahindi.

About Liquid Telecom – www.liquidtelecom.com

Liquid Telecom is a leading communications services and solutions provider across 15 countries in Eastern, Central and Southern Africa that serves carrier, enterprise and retail customers with high-speed, reliable connectivity and digital services. It has built Africa’s largest independent fibre network, spanning over 50,000km, and operates state-of-the-art data centres in Johannesburg, Cape Town and Nairobi, with a combined 6,800 square metres of rack space. This is in addition to delivering leading cloud-based services, such as Microsoft Office365 and Microsoft Azure, and innovative digital content provision, including Netflix, NBA, TED and Kwesé Play. Through this combined offering, Liquid Telecom is enhancing customers’ experience on their digital journey.

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Post Bank MD Mukweli, Seven Other Bank Bosses Charged With Fraud Offences

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Mukweli (2nd R) together with other bank officials who were charged with fraud

Post Bank Managing Director (MD) Stephen Mukweli together with seven other Bank bosses have been charged with fraud offences.

Mukweli was charged together with other bank officers on three fraud related charges. Other bank officials charged included Safina Wabuna, the Executive Director, Information and communication Technology at the bank, David Mwesige, the head of Information Technology at Post Bank, Augustine Kisitu, the head of business technology at post bank, Emmanuel Mwaka , Alex Kaheru, the credit  and loan officer and Gilbert Wameya. 

The state alleged that on 16th of October 2017, Mukweli abused his office as the MD and committed arbitrary acts prejudicial to the interest of his employer when he signed a contract for the supply of e-suit banking system to compulynx Uganda limited for UGX 5,774,423,972 instead of UGX 4,200,000,000 that had been approved by the contracts committee, which was against section 11(1) of the Anti-corruption Act 2009.  Wabuna, Mwesige and Kisitu were also charged with abuse of office.

The state further alleged that on 29th October 2017, in Kampala district, the accused did arbitrary acts prejudicial to the interest of their employer and requisitioned, approved and confirmed availability of additional funding of UGX 1,600,000,000 without the approval of the contracts committee. 

The state further alleged that on 26th and 27th of March 2018, the accused abused the authority of their respective offices and did arbitrary acts prejudicial to the interest of their employer to wit requisitioned, processed, approved and effected payment of UGX2,887,211,986,13 to compulynx Uganda limited for the supply of E-suit banking system in total disregard of the payment structure stipulated in the procurement contract. 

The suspects arriving at the anti-corruption court

Stephen Mukweli and Wabuna were also separately charged that in the performance of their duties, varied the sum of the contract for conducting information communication technology test, from UGX 20,235,000 to UGX 37,000,000 to Aptech computer education knowing or having reason to believe that acts would cause a financial loss of the sum of UGX 16,765,000 to their employer. 

All the suspects denied the charges before Anti –corruption chief magistrate Pamela Ochaya Lamono and applied to be released on court bail. They were all released and on the first count were ordered to pay shs4m cash each, deposited their passports in court and each surety was ordered to pay shs80m not cash.

On second count, the suspects were ordered to pay shs2m cash and sureties were told to pay shs10m not cash each. However, Emmanuel Mwaka was ordered to pay Shs7m cash because he has only one count and his sureties were ordered to pay Shs 100 not cash each. The case was adjourned to 30th of May 2019. Post bank bosses were arrested by the Anti-corruption unit of State House headed by Lt. Col. Edith Nakalema for abusing their offices and misusing public funds.

By Jamil Lutakome

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MTN Chairman Charles Mbire Quizzed Over Telecom Giant’s Saga

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MTN Chairman Charles Mbire has been quizzed over the MTN saga according to information obtained by the Grapevine.

Security sources have told this website that the tycoon was quizzed over activities of top expatriates (some of whom have been deported), who used the mobile system to try to distabilise national security by supporting subversive activities.

“These MTN bosses, some of who have been deported, were using the mobile money system to support some individuals who wanted to distabilise the country. Money from individuals from hostile countries was being passed through their MoMo system,” the security source told the Grapevine.

When quizzed further on what really took place during Mbire’s quizzing, the source told this website that this information is still confidential.  MTN CEO Wim Vanhelleputte was deported yesterday back to Belgium, three weeks after three of the company’s expatriate staff were expelled.

Security sources have also told the Grapevine that former Head of Legal and Lawyer Katamba Anthony recorded statements. The source added that MTN is also involved in under declaration of Mobile money transactions.

Three weeks ago, MTN Uganda’s general manager for mobile money Elsa Mussolini, an Italian citizen, marketing chief Olivier Prentout, a French national, and Annie Bilenge-Tabura, a Rwandan who was head of sales and distribution were deported. Ugandan authorities accused them of using their positions to “compromise national security.




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