Bekii

"Chairman, a country without reserves is not sovereign. The potential of this Bill to destabilize Uganda’s balance of payments is our primary concern as a central bank. For example, last financial year the overall balance of payment surplus was USD 1.5 billion. That’s how we were able to increase our reserve coverage by USD 1.5 billion. Today as we speak our reserves are close to USD 6 billion. Why? Because these inflows have been coming in. The moment you tamper with these inflows here, we risk running down our reserves, and that is economic disaster for a country.” Governor Atingi-Ego on the Protection of Sovereignty Bill 2026 in an appearance before Parliament today.

@Isabelle002Anku How was ppm👐

But what am I really doing in this lecture with this headache? Lemme go home Kasita the course unit is easy.

Good thread worth your time 👇

@RRubihirwa @SamsonMKasumba Which kabale town are you talking about

@SamsonMKasumba Bicycle is the most transport used in Kabale town,the nature of the area is flat which favourites by cycles.

Find me a girl in Kabale who wants to ride a bicycle to school and I am happy to buy her one! There is definitely that one girl who wants to cycle to school and sees no problem with it. I guess this should not be a problem.

The Protection of Sovereignty Bill is before Parliament. Its stated concern, foreign interference in government policy, foreign aid that carries influence, and the use of online platforms to spread misinformation, is a concern worth addressing. The legal problem is that the Bill goes well beyond that concern. The Bill defines "foreigner" to include Ugandan citizens residing outside Uganda, and then adds a further category of any person, institution or body whom the Minister may declare to be a foreigner by statutory instrument. That is not regulation. It is re-description. It takes belonging, which the Constitution has already settled, and places it within reach of ordinary legislation and ministerial discretion. Not just a drafting concern, this is a question about what kind of economy Uganda is building and for whom. Clauses 25 and 26 place banks and payment providers inside the Bill's enforcement structure, requiring them to determine who qualifies as an agent of a foreigner before releasing funds. In practice, banks respond to that kind of legal uncertainty by escalating documentation requirements and delaying transactions. The cost lands on the Ugandan woman in Dubai sending money home. On the startup receiving working capital from a parent company abroad. On the climate project structured the way carbon markets must be structured to function. FITSPA, ISPAU, ADEC-U, and CMAU each represent sectors whose capital architecture is cross-border by necessity. Uganda Communications Commission data shows 45.7 million active mobile subscriptions and 35.6 million mobile money subscriptions as of Q3 2025. These are not marginal sectors. They are the economy's operating layer. Sovereignty located in the people, as Article 1 requires, means preserving the conditions under which people can work, transact, invest and organize. A Bill that burdens those conditions beyond what is constitutionally necessary does not protect sovereignty. It narrows it. Parliament should be pressed to answer not only what this Bill prevents, but what it replaces, and who bears the cost while it waits for an answer. The full paper is linked below. ktaadvocates.com/wp-content/upl… @kta_law

UNDERSTANDING SAVING AS A DRIVER OF ECONOMIC TRANSFORMATION Let us have an honest conversation. Many people want economic transformation, but few are willing to start with the most basic foundation namely; saving.

@Isabelle002Anku @Ishmaelthehost When you get time, fear women😂🤭

Esa’s percentage keeps dropping. Me I can’t date him if he doesn’t win🙌😂

@WamanyaPious @SheilahGashumba Hagire owampa kiboko😂😂

Hey. @SheilahGashumba I also use this to go to campus moreover for a masters degree and whenever it rains I be like the other Kabale girl. Some help and I buy a vitz 🙏

@rwomchechen Elon musk would be the happiest person after discovering the amount of space in your head🚮🚮🚮

Just leave the young girl alone. You simply want to spoil her in your rubbish. If you want to assist her do so quietly. Mwiheho obushema. Who tells you that riding a bicycle to school is suffering? Sponsor? One who doesn't know the cost of breastfeeding and labour pains? Aima

@SheilahGashumba @KwikirizaNova God bless you @SheilahGashumba 🙏🙏🙏

My heart melted reading this! Thank you @KwikirizaNova for following up, The young girl will get all the education support she needs. Im willing and ready to pay for school fees and boarding fees for the young girl plus anything she needs for school until she finishes University! When God blesses you, u bless others 💕 I know with the little help rendered to her, she will become a better child for her family and her community.

@KomugishaPeace I would do both. Accept the bribe and report the container 🤭😂😂

Be honest would you refuse a bribe of 300m?😂😂😳

@AllenaAnkunda Let me also follow you🤭

To my 14 followers, may God bless you for me

@WamanyaPious Isn’t she riding a bicycle??

The video of a young girl riding a motorcycle to school during heavy downpour has sparked a debate among people asking which country she is from?

@KaleebiRichard @Naturinda96 Do u mean brains in bribing the system admins?? Well she did better that side

@Naturinda96 Makerere University politics is not about beauty and so Gracious Kadondi stood out the most with brains

Makerere University students don’t know the mistake they did by not voting for this lady.

@EvelyneNinsiim1 Thank you Hon for representing us well. Be blessed

Was honored to participate in a panel discussion in Session 8: "Parliamentary Leadership,Policy certainity,and investor Confidence in Parish Level Green Energy Development". This was during the Parliamentary Green Investment Dialogue Uganda whose main focus is to mobilize clean

@KorishabaBruce @HannahKarema @MaamaUganda02 @SamNK721 @Edward1Twahirwa The elections were not fair👐

Omwana Hannah Tumukunde ali so solid. I still don’t know how she lost. What do Makerereans want exactly?🥹

UGANDA ENGAGES WORLD BANK AND IMF ON DEVELOPMENT POLICY OPERATION AND EXTENDED CREDIT FACILITY: The Uganda delegation in Washington D.C for the WB/IMF Spring meetings 2026 has met with the World Bank team to discuss the Development Policy Operation (DPO) to support Uganda’s socio-economic transformation agenda through the Tenfold growth strategy. Development Policy Financing (DPF) helps governments to design and implement a program of policy and institutional reforms that promote growth and sustainable poverty reduction. The World Bank will in the coming days undertake a mission to Uganda in line with the DPO, and the focus areas under consideration include; human capital development, fostering private sector led job creation by strengthening fiscal sustainability and policy framework for agro-industrialisation and enabling infrastructure. The Uganda team also had discussions on Uganda’s economy and progress on the Extended Credit Facility (ECF) program for Uganda with the International Monetary Fund (IMF) African Department Director Mr. Abebe Selassie. The ECF provides medium term financial assistance, and is one of the IMF facilities under the Poverty Reduction and Growth Trust. The IMF is also expected to send a mission to Kampala in the days ahead regarding the implementation of the ECF. Both the World Bank and IMF discussed with the Uganda delegation led by the Minister of State for Finance in charge of General Duties Henry Musasizi, the readiness of Uganda to deal with the crisis in the Middle East, tax policy and administrative measures to enhance revenue mobilisation, and debt management among other issues.

Yesterday,I had an opportunity to participate in the Parliamentary Green Investment Dialogue organised by @UNIDO_Uganda and @ClimateParl.The purpose was to mobilise clean energy investments for Parish-Level Economic Transformation". Members of Parliament play a central role in

STOP LAMINATING IMPORTANT DOCUMENTS “My certificate is safe, I have laminated it.” Safe… but legally risky Many people don’t know this: once you laminate a document, you may have reduced its value in court. The law (Evidence Act 2011) which is the law that governs admissibility in court prefers original documents B. Lamination seals the paper — no one can check if anything was added, removed, or altered C. Courts and lawyers may not fully rely on it if authenticity is questioned D. Forensic examination (ink, signature, alterations) becomes almost impossible Let's look at this scenario: You take a laminated agreement or receipt to court… The other party says, “This has been tampered with.” Court looks at it and says, “We can’t properly examine this because it is laminated That one becomes a problem Even banks, embassies, and some offices may reject laminated originals outright. So what should you do instead? A. Keep your original documents in a file or waterproof folder B. Make photocopies and laminate those if you like C Obtain Certified True Copies (CTC) for official use Finally Lamination protects from dirt… but can expose you to legal trouble. Don’t protect your document and destroy its value at the same time Law is EMOTIONLESS © Emmanuella Chinenye Ogwale

UGANDA DELEGATION MEETS WORLD BANK VICE PRESIDENT FOR AFRICA: The Uganda delegation at the IMF/WB Spring Meetings 2026 in Washington D.C. has met with the World Bank Vice-President for Africa region Mr. Ndiame Diop to discuss developments in Uganda’s economy and the performance the World Bank portfolio in Uganda. The Minister of State for Finance in charge of General Duties @henrymusasizi1 said Uganda’s economy has continued to expand despite the challenging global environment, adding that current GDP stands at 6.3, with a projected growth of between 6.5% and 7% by end of this financial year and double digit over the medium term. “This growth trajectory is well aligned to our ambition to grow the economy tenfold by 2040,” said the Minister. He said World Bank portfolio has grown from USD 3.9 billion as of March 2025 to USD 4.74 Billion now with 18 projects/programs. “We thank the Bank for the approval of the Uganda Cities and Municipal Infrastructure program and additional financing to the Integrated Water Management Development Project. We look forward to the approval of Uganda Tanzania Transmission Line project and additional financing to the Lot 1 of the North Eastern Road Asset Management Project,” said Musasizi. He also said government seeks the Bank’s support in financing using a programmatic approach, the growth drivers of our tenfold strategy including: the Standard Gauge Railway, Hydro power generation, Urban Infrastructure, drainage and waste management, transmission line and substations in mainly Industrial parks and private sector support especially access to credit in addition to Development Policy Operations. The Banks' Vice- President lauded Uganda for the macroeconomic stability but urged Uganda to translate growth of the economy into good jobs and poverty reduction. He also commended Uganda for her solidarity with refugees, adding that the Bank is ready to develop a programme to support Uganda in hosting the refugees. Mr. Diop also called for efficiency in the implementation of projects and improvement in the disbursement of funds. The delegation also had a session with the World Bank on INVITE-Export guarantee scheme & the recommendations are that INVITE should be restructured to meet the expectations of the beneficiaries. Another session was held on the energy sector in Uganda to agree on the key reforms that must be implemented to improve the performance of the energy sector. In a separate meeting, Uganda’s delegation met with Japan International Cooperation Agency officials Yushi Nagano, the Head of Africa Investment and Shinohara Shunei, the Africa Department Senior Deputy Director General to discuss the financing of projects in Uganda. The key projects are the Kampala Flyover project and the Kampala Metropolitan Transmission system already in advanced stages of completion.