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    StarTimes Finally Brings The World Cup To Your Living Room At A Cheap – Aldrine

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    Nagujja Christine the public relations officer, Aldrine Nsubuga Vice President Brand and Marketing and Bob Eustace Waiswa

    StarTimes Vice President Brand and Marketing, Aldrine Nsubuga Snr  has today confirmed that they will broadcast all the 64 FIFA World Cup matches live and in HD.

    This is after the Multinational Media company with strong presence in Africa acquired media Pay TV Broadcasting Rights to FIFA World Cup 2018 as one of the Official Broadcasters in Sub Saharan Africa.

    “The New Partnership between StarTimes and FIFA is an indication that only StarTimes is Responsible for being the official Broadcaster of the World Cup and any other TV must Subscribe from StarTimes. This partnership is a testimony to how much StarTimes has grown as a Media Group with Global Influence in sports,” Aldrine said.

    Aldrine added that StarTimes will broadcast the 2018 FIFA World Cup matches from Russia live on their four Sports Channels (World Football, Sports premium, Sports Life and Sports Focus) so that everyone can enjoy football’s biggest tournament from the comfort of their homes.

    “StarTimes shall Broadcast all the 64 matches live and Customers will be able to watch the world Cup via our StarTimes App. Subscribers will enjoy the tournament at their convenience by paying either daily, weekly or monthly depending on your choice of the games you want to watch,” Said Nsubuga

    He explained that the StarTimes Market Growth is close to 1.4 million subscribers which is an amazing 70% market share.

    “This is excellent news to millions of television owners in Uganda who couldn’t watch the World Cup due to the high cost of acquisition and Subscription. StarTimes will be unveiling all the fixtures in different groups and also programme for replays and other sports programmes,” Aldrine added.

    Subscribers will be in a position to enjoy these prestigious tournaments from as little as Shillings 10,000 per month for Nova bouquet and Basic, Classic or Unique bouquet that retail at Shillings 18,000, 36,000 and 54,000 respectively.

    The same will be available for as little as Shillings 12000 for Nova, Shillings 24,000 on Smart bouquet and Shillings  54,000 for Super bouquet on the StarTimes satellite television platform.

     

    By Andrew Visper

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    MY MONEY

    How City Businessman Sentongo Took First Win In The Shs10bn Legal War Against DTB Bank…

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    City businessman Haruna Sentongo the proprietor of Haruna Enterprises Uganda Limited is smiling from ear to ear after bagging the first win in the Shs10bn legal fight against Diamond Trust Bank (DTB) Uganda and Kenya branches respectively.

    Justice John Oscar Kihika of the Court of Appeal which also doubles as the Constitutional Court has issued a temporary injunction restraining the bank’s  agents, representatives, nominees assignees and/or successors in title from selling, transferring, alienating, evicting, dealing with and or in any way interfering with Sentongo’s interest and possession of the properties comprised in Block 12 Plots 538, 826 and 898 at Mengo until the determination of appeal against the the Commercial Division of the High Court Judgment.

    Sentongo through his lawyers lead by Commercial law giant Derrick Bazekuketta filed an application to the Court of Appeal alleging that his multibillion property is under a serious threat as banks have sent brokers to inspect the property with the suitable buyers claiming that it was available for sale on orders of the court.

    In his affidavit, guided by Bazekuketta, Sentongo pleaded to Court to stop the selling of his property insisting that his appeal is meritorious and he has higher chances of winning the appeal against the bank.

    He explained to the presiding justice at the Commercial Division of the High Court erred in law and in fact when he dismissed his entire case on technicality because he failed to honour his directive to fiIe trial bundle within the timelines he directed noting that to his surprise even the bank didn’t file the said trial bundle.

    He insisted that his failure was caused by the grant of an order for leave to amend his plaint and the subsequent pleadings.

    However, the bank through their lawyers led by Stephen Zimula protested the application relying on the affidavit of Emajeit Mbabazi. Zimula raised two preliminary points of law insisting that the application is incomplete before the Court of Appeal.

    In his submissions, Zimula told Court that the said application was supposed to be first filed in the High Court before proceeding to the Court of Appeal insisting that the Order issued by the High Court is a negative order that is not capable of being stayed.

    Counsel informed Court that the rule against issuing a stay order in respect to a negative order cannot be circumvented merely by terming the order sought as an injunction.

    In reply, armed with a number of authorities, Bazekuketta told Court that in an application for temporary injunction, it is not mandatory for the Applicant to first file the Application at the High Court noting that laws and rules allow him to rush to the Appellate Court directly.

    He also argued that his application before the said Court is one seeking for a temporary injunctive order and the same is validly before the court.

    He explained to the Court that his application is for a temporary injunction and not an order of stay of execution of a negative order.

    He pleaded with counsel Zimula to carefully revise his law books so that they help him not to confuse an application for stay of execution with an application for a temporary injunction.

    Justice Kihika agreed with counsel Bazekekutte’s submissions noting that it would not be possible for Sentongo to file an application for a temporary injunction in the High Court in the absence of a pending suit explaining that the only option available to him was to file the application before the Court of Appeal.

    “I therefore found that this application for a temporary injunction is properly before this court. The first preliminary point of law is thus over ruled,” the judge stated in his ruling.

    He further disagreed with counsel Zimula’s argument that Sentongo’s application is seeking a stay of a negative order of dismissal which is not capable of being stayed explaining that it is clear that the application seeks an order for a temporary injunction against the bank restraining its agents and other people working in the bank’s interest from interfering with his interest and possession of his properties comprised in Block 12 Plots 538, 826 and 898 at Mengo until the termination of the appeal.

    Justice Kihika explained that a temporary injunction is intended to maintain the status quo of things pending the determination by court of some serious cause pending before it.

    He noted that the granting of a temporary injunction is an exercise of judicial discretion and the purpose of granting it is to preserve the matters in the status quo until the question is investigated in the main suit and disposed of.

    He cited the conditions for the grant of a temporary injunction which include; the applicant must show a prima facie case with a probability of success and that such injunction will not normally be granted unless the applicant might otherwise suffer irreparable injury which would not adequately be compensated by an award of damages.

    He further stated that a temporary injunction can be issued and if Court is in doubt, it would decide an application on the balance of convenience. He added that a temporary injunction is granted so as to prevent the ends of justice from being defeated.

    On the issue of likelihood of success, Justice Kihika stated that Sentongo stated in his affidavit in support of his application that the appeal is meritorious, raises serious questions for determination of the Court of Appeal and has a high likelihood of success.

    He further agreed with Sentongo who stated that on 30th March, 2023, his matter came up for hearing and timelines were issued by the trial judge of the High Court on when to file witness statements, trial bundles and a joint scheduling memorandum.

    He added that On 14th April, Sentongo filed his witness statement and on 18th he applied for leave to amend the plaint, which leave was granted.

    Following the grant of his application, an amended plaint was filed on 21st June 2023 and in November, the bank filed an application seeking for further and better particulars.

    On 29th November, 2023, the trial Judge dismissed the suit under Order 1 Rule 4 of the Civil Procedure Rules.

    In conclusion, Justice Kihika therefore considered that Sentongo has convinced Court that he has a prima facie case pending determination of his appeal before the Court of Appeal.

    On the issue of whether Sentongo will suffer irreparable damage or that the appeal will be rendered nugatory when the temporary order is granted, Justice Kihika base on Sentongo’s affidavit where he stated that he acquired the suit land in 2014 and it took him over 5 years to develop the same with a market he named ‘Nakayiza’ after his mother.

    He added that he has a sentimental attachment on the property that cannot be compensated for in damages if the property is sold. The property in the instant case is a commercial building with a market whose rent proceeds can be ascertained.

    “In my understanding, the applicant has to show that the damage bound to be suffered is such that it cannot be undone. It is therefore my considered view that the Applicant will suffer irreparable damage if this application is not granted,” the justice ruled.

    On the issue of balance of convenience, Justice Kihika explained that it is determined to lie more on the one who will suffer more if the bank is not restrained in the activities complained of in the said case insisting that the balance of convenience favors Sentongo if the application is not granted.

    He based on the evidence that Sentongo is in possession of the suit property which is a commercial building with various tenants carrying out business and the sale of the property will be to the detriment of him. That is why he wants to maintain the status quo until the determination of the appeal pending before the Court of Appeal.

    Court records seen by the mighty Grapevine indicate that in 2015, Sentongo approached the bank for a financial facility for completion of the commercial blocks for Segawa Market which was to be rented out to tenants to derive rental income.

    Both parties executed a facility in a letter dated 22nd February, 2016, for a Loan of Shs5bn and it was agreed that the facility would only be serviced through rent collections from the market if the bank funded the development.

    Sentongo claims that the bank breached the facility contract by failing to disburse the agreed sums of monies.

    Court documents show that Sentongo told the Commercial Division of the High Court that the bank would purport to credit his bank account, and synonymously liquidate the loan, paying itself back immediately with the sums credited, and the sums it would repay itself were always reflected as “Loan amounts recovered”.

    The bank on the other hand, according to court documents claimed that between February to October 2016, Sentongo was granted several loan facilities and at his request, they were consolidated into one term loan with a single monthly instalment amortized for a period of five years.

    He however, failed to meet his loan repayment obligations consequent upon which the bank issued him two notices of default.

    The bank further claimed that when they started the process of recovering their sum of Shs10bn, Sentongo decided to institute a lawsuit and was defeated at the Commercial Division of the High Court.

     

    By Sengooba Alirabaki

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    CRIME

    Equity Bank Shs6.5bn Fraud Case Deepens As More Suspects Are Charged, Remanded To Prison…

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    Equity Bank fraud suspects Mukwaya, Mugumya and Kato appearing in court

    Three more suspects from Equity bank multimillion fraud case have been arraigned before the Magistrates Court of the Anti-corruption Division on charges of Conspiracy to defraud and remanded to Luzira prison.

    The accused persons are; Godfrey Mukwaya and Robert Mugumya, all former employees of Airtel Uganda and Fred Kato a former head of Small and Medium Enterprises at Equity Bank.

    Prosecution alleges that Mukwaya, a former sales manager at Airtel Uganda used different people to open up bank accounts through which the bank was defrauded of more than Shs10bn.

    State further alleges that Mugumya is linked to 179 fictitious companies that were created to defraud Equity bank and he used different persons to obtain more than Shs35 billion.

    The presiding Magistrate Abert Asiimwe did not allow the accused persons to plead to the charges reasoning that they are joined on the case file involving money laundering which is triable by the High Court.

    “While this court has powers to handle the case of conspiracy, this one is emanating from money laundering. I advise that you will plead to the charges in the High Court which has powers to entertain all the cases,” Asiimwe said.

    The three suspects charged brings the charged number to eight.

    On March 20, 2024, five people among them employees of Equity Bank were charged over accusations of money laundering in regard to disbursement of Shs62bn of unsecured loans to unqualified persons.

    The first suspects were arraigned before the Anti-corruption Magistrates Court on charges of obtaining credit by false pretense, money laundering and conspiracy to defraud.

    The remanded suspects are; the head of Agency Banking at Equity Bank Julius Musiime, Erina Nabisubi a relationship manager for telecom, Fred Semwogerere (Banker), Tumuhimbise Crescent Tibarwesereka (relationship officer) and Wycliff Asiimwe a distribution and marketing consultant with a microfinance facility.

    State alleges that between the 2021 and 2024 at Equity Bank in Kampala City, Nabisubi being a person employed as a relationship manager in charge of Telecom incurred a debt of Shs6.55bn from Equity bank falsely representing that the loans were being applied for by Najjemba Gladys who she fronted as having fulfilled the bank requirements to access the loans whereas not.

    State added that Nabisubi also incurred a debt of Shs300m from Equity Bank falsely representing that the loans were being applied for by Nagawa Latiffa who she fronted as having fulfilled the bank requirements to access the loans whereas not.

    It is alleged that between 2021 and 2024 at Equity Bank headquarters situated at Church House in Kampala, Nabisubi intentionally impeded the establishment of the true ownership of Shs6.5bn which she fraudulently obtained from Equity Bank as loan through account number 1032100370335 in the name of Najjemba Gladys purporting that the said funds were applied for by Najjemba Gladys as a loan whereas not knowing that the said funds were a proceed of crime.

    State further alleges that Musiime intentionally concealed the true ownership of Shs18 million which he received as gratification from Mutuuza Stella for having fraudulently processed a loan of Shs700m from Equity Bank by requiring her to deposit the said gratification on account number 1013101211316 in the name of Gilbert Rwaiheru Kiiza knowing that the said deposits were a proceed of crime.

    According to the charge sheet, in the year 2021 and 2024 at different places in Kampala and Wakiso districts; Musiime, Nabisubi, Ssemwogerere, Tumuhimbise , Asiimwe, Kato, Mugumya and Mukwaya conspired together to defraud Equity Bank of Shs62bn by fraudulently causing the disbursement of unsecured loans to unqualified people.

     

    By Grapevine Reporter

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    MY MONEY

    Businessman Kabanda, KACITA Leadership In Trouble As Traders Accuse Them Of Using Their Problems To Seal Juicy Deals With City Landlords And M7…

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    KACITA's Thadeus Nagenda (L) and John Kabanda the Kampala New Generation Traders Association boss

    Thadeus Musoke Nagenda the chairperson of Kampala City Traders Association (KACITA) has declared that his association will not join the newly formed federation citing fraud and extortion.

    Musoke made the statements few weeks after controversial businessman John Kabanda of the Kampala New Generation Traders Association led a team of city traders to form a Federation named the Federation of Uganda Trade Association (FUTA ) and he was appointed the chairperson deputized by his friend Godfrey Katongole while Moses Lwegaba was appointed as publicity secretary.

    Former State minister for Trade Harriet Ntabazi was appointed as the patron of their federation which is set to open countrywide offices to assist traders to solve their problems.

    During the course of investigating this story, theGrapevine established that in Kampala city, there are more than seven traders associations and these are: Katukazane Shoe Dealers which brings together all traders dealing in shoes, Kampala Arcaders Advocacy Forum (KAFO), United Arcaders Traders Entrepreneurs Association (UATEA), Kampala New Generation Traders Association, Kampala Traders Association KATA), KACITA, Uganda Needy and Squatters Association, Kikuubo Business Community.

    According to Kabanda, all the said associations are supposed to be under his federation.

    However, Musoke’s KACITA, KAFO, UETEA declined to join the association because they did not participate in its formation.

    Musoke said that he cannot lead KACITA to join the new federation well knowing that its leader Kabanda is not a trader in Kampala city.

    He challenged him to prove by showing where his shop is located.

    He further explained that Kabanda is a known event and music promoter and he cannot be entrusted with traders’ issues to be handled with his team. Traders reveals to Grapevine that fellow members formed associations and federations to use it to seal deals with tycoons who are landlords owning city arcades and buildings where they operate from.

    “Their role is to incite us to demonstrate against the poor conditions we are operating from including paying high rent, paying money for using toilets, high taxes and when we placed the landlords on the wall by closing our shops, they invite our leaders in a closed door meetings, bribed them and came back when their tongues are changed speaking in different page with us, pleading with us to open our shops as negotiations proceeds and when you open nothing yielded,” a trader said.

    However Musoke explained that KACITA is currently the association that brings all traders in the country and they have over 20 associations which work under them while they are still in talks with others.

    Other traders accuse Kabanda of forming the federation to use it as a weapon in his ongoing drive to mobilize money for his coming introduction and wedding to his lovely wife.

    theGrapevine was told that traders were surprised when Kabanda decided to give his wedding budget to city landlords and one of them even offered to support him financially. Kabanda is of the view that once he gets married, his lifestyle will change and he will start handling issues respectively.

    Others claim that Kabanda has political ambitions to stand for a political office in Kampala city come 2026 and he wants to use his federation and the association to gather political support.

    theGrapevine also established that there is ongoing lobbying by city traders seeking to meet President Yoweri Kaguta Museveni to discuss the problems the traders face during their operations and both Kabanda and KACITA are fighting to lead the traders to meet the President with each association fighting to be recognised as the umbrella of all traders.

    When contacted, Kabanda denied all the accusations explaining that city traders are tired of KACITA because their leadership is in bed with landlords who are mistreating them. He gave the example of Isa Ssekitto the KACITA spokesperson who is also the spokesperson of Bagagga Kwagalana association which brings together all tycoons in Kampala city.

    On the issue of not having a shop in the city, Kabanda rubbished the allegation and revealed that he owns a shop in BBC building a long Nabugabo which deals in open shoes nicknamed ‘Nigina’.

    Kabanda’s statements were supported by sources in Uganda Revenue Authority(URA) who told theGrapevine that KACITA leadership act like dealers who agree with URA over a matter on behalf of the traders but after, they turn against them and disassociate themselves from the matter agreed upon and incite traders to turn against URA.

    Edward Ntale the chairperson of UATEA revealed how traders’ association leaders enrich themselves through their associations.

    He gave the example of the money collected from traders as transport to be used when going for meetings with government officials on issues concerning their problems.

    Sulaiman Matovu, a trader dealing in shirts said that the problem they are facing is that all their association leaders want to take themselves as leaders of other associations and no one wants to listen to another which is hindering the way to solve their problems.

    The internal fighting among traders comes days after Kabanda through his federation declared a sit down strike which was expected to start on Monday next week.

    Kabanda asked all traders to close their shops to send a message to Museveni’s government that they have also joined the struggle to liberate this country after being worn out by the high taxes placed on their exports.

    He pleaded with fellow traders to avoid people telling them that they should not participate in the strike because of the coming Idi day festival because they will lose business when they close their shops.

    Kabanda advised them to buy all the goods which they will use on Idi day, insisting that they are in the struggle and they need to sacrifice to achieve what they want.

     

    By Hadijjah Namagembe

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