iam_gero
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iam_gero
@iam_gero_
Money is not peace of mind. Money is not happiness. Money is, at its essence, that measure of a man's choices.
Kampala Uganda, East Africa Katılım Eylül 2011
544 Takip Edilen12K Takipçiler
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.@cobbo3 do you remember the phrase from the Clinton 92 campaign for the US Presidency that sunk George H. W? Why the architects & champions of this did not seek counsel of those who know is mind boggling. This embarrassment that the #SovereigntyBill has become could have been avoided well in advance🤷🏿♂️
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"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.

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But part of SGR has a plan for a light Railway system for Kampala- why don’t they use that study and maybe adopt it
Mwami lu@lulanzeashirafu
Gen. Katumba Wamala, Works and Transport Minister, witnessed the signing of an MOU between Uganda Government represented by the Ministry of Works and Transport Permanent Secretary Mr. Bageya Waiswa and MS Orascom Construction Company from Egypt. The MOU is to allow the company to undertake an 18-month feasibility study for a possible Light Rail Transit (LRT)/Monorail system in the Greater Kampala Metropolitan Area. The study will assess a modern mass transit system to improve mobility along Kampala–Entebbe, Kampala–Kira and Kampala–Wakiso corridors
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COMMUNIQUÉ:
The 25th Ordinary Summit of the East African Community Heads of State, convened in Arusha, Tanzania, adopted key decisions to deepen regional integration and improve livelihoods across the region.
Among the outcomes:
💰 Adoption of a new EAC financing formula (50% equal contribution / 50% assessed)
📈 Launch of the 7th EAC Development Strategy (2026–2031)
🚛 Launch of the EAC Customs Bond to facilitate regional trade
🤝 Appointment of Amb. Stephen Patrick Mbundi (Tanzania) as the new @jumuiya Secretary General.




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