Day

By Ronald Namanya
www.mknewslink.com
In Bushenyi
The Greater Bushenyi youth brigade Coordinator Mugisha Benson has today vowed to take to court NRM NEC if it does not support their sole candidate Yoweri Museveni in 2021.
He said this at the launching of the Youth Brigade of Greater Bushenyi district at Crane Resort Hotel Ishaka.
NRMScentral executive committee sat last month Kyobe forest and resolved that President Museveni runs as a sole candidate in the NRM primaries in 2020.
Museveni however told them to consult other organs of the party on the issue.NRM parliamentary has already been consulted; it supported his sole candidature now the next is NEC which Benson warned that if it does not support the president, he will take it to court.
He added that Yoweri Kaguta Museveni has brought a big development like constructing good roads, electricity, agriculture which calls for their continued support to him as their sole candidate.
Hon. James Tweheyo who represented Kasule Lumumba the Chief Guest has also urged the RDC to always take youth on radios to utter out their needs.
He added that government will increase youth livelihood funds by 20% advising them to go and demand for it if they dont get it.
He has requested all the youth to put much effort and continue supporting NRM.
He applauded Hassan Basajjabalaba,Bamugisha community welfare Mrs Annet Mugisha,Engeneer Silver Mugisha among others for financially supporting Youth Brigade of Greater Bushenyi district .

www.mknewslink.com a greater western Uganda news website
Email: wmuhwezi75@gmail.com
Tel: +256702680106

www.mknewslink.com
In Kampala
After a bumper harvest in 2017 following the take-over of Crane Bank, DFCU Bank saw a 51.6% drop in its 2018 profits after tax, which fell to Shs61.7bn from Shs127bn, registered the previous year.
In annual financial statements published this Thursday, the drop in income means that shareholders will receive less than half the dividends received in the last financial year.
The Board is recommending a cash dividend of Shs33.01 per share less withholding tax where applicable (in 2017 shareholders received a dividend of Shs68.24 per share), a DFCU Group financial statement accompanying the banks statement and signed by DFCU Chairman Elly Karuhanga read.
The drop in shareholders dividends is because only Shs24.7bn was set aside to be shared amongst them compared to 2017s Shs51bn.
To make matters worse for DFCUs shareholders, the value of their shares has witnessed a 28.8% drop from Shs970 on July 17, 2018 to Shs670 a price at which they were trading on the stock exchange on March 27, 2019.
The drop is partly attributed to negative press generated by DFCU following the Crane Bank take-over on top of top investors pulling out and senior staff exodus.
DFCU Bank had in 2017 experienced exponential growth from Shs46.2bn in 2016 to Shs127bn after taking over Crane Bank, but 2018 was a downward spiral.
Customer deposits declined by 0.4% from Shs1.987 trillion to Shs1.979 trillion in 2018.
2018 also saw assets declining by 4.6% from Shs3 trillion to Shs2.88 trillion.
The resultant effect was 21% decline in income from Shs519.8 billion to Shs410.6 billion, which affected the bottom-line.
Financial analysts say that figures have proved that the 2017 take-over of Crane Bank was a windfall for DFCU and they predict that performance will soon fall to pre-acquisition levels.

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Email: wmuhwezi75@gmail.com
Tel: +256702680106

By Wilber Muhwezi Kasibante
www.mknewslink.com
In Bushenyi.

The long standing battle between the district and the people of Bumbaire sub county in Bushenyi district on where to locate a 1.6 b seed school has come to the end today 28th March 2019 after the councilors, their chairman bowed to pressure and decided to locate the school at Kabushaho instead of Kigurusi which they had vehemently refused(Kabushaho)

There have been misunderstandings between district leaders on where to build the seed school between Kabushaho and Kigurusi.

In a council meeting held today 28th March 2019 at Bushenyi district council hall, councilors agreed to put the school at Kabushaho since even Bishop Johnson of West Ankole diocese had written a letter dated 3rd.March.2019 showing that the diocese is more committed to give the land.

However, councilors noted that though the school will be built on church land, it will not be on any foundation body as far as religious is concerned because seed schools are there for all people regardless of their religion.

They requested the Chief Administrative Officer Eliab Byamungu to take legal formalities before building the school.
www.mknewslink.com a greater western Uganda news website
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Tel: +256702680106

By Wilber Muhwezi Kasibante
www.mknewslink.com
In Bushenyi
Bushenyi district council has directed its chairman Jaffari Bassajjabalaba to write to state house anti corruption unit to come and investigate a land matter that involves one mp and two government officials.
The district council accused the three that include MP Arinda Gordon,CAO Charles Kiberu and the Ntungamo district planner David Byaruhanga of acquiring a government land illegally.
They therefore need Nakalema and her committee to intervene then sort out the matter.
This was revealed today morning 28th March 2019 by the Bushenyi district council during a meeting conducted at the council hall.
The issue to call Nakalema was raised by Adam Kyakuwa councilor Nyabubare and seconded by Rosemary Atuhaire Female youth councilor.
Jaffari noted that he had talked to Nakalema through whatsapp and she advised him to submit it in a letter which he revealed he is to take early next week.
He added that in the same letter, he will too inform Nakalema of a former physical planner Makyere who forged a receipt after stealing money from Katunguru Ishaka road consultant and then ran away.

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Tel: +256702680106

By Allan Mugabe
www.mknewslink.com
In Rukungiri

A cross section of members from 11 villages in Karuhembe and Kabingo parishes in Kebisoni sub-county and town council respectively are protesting a move by National Water and Sewerage Cooperation to take over the management of Mihembeero Gravity water scheme.
The residents claim that they were given this water as a donation from Australia to solve the problem of water scarcity in their areas but they are now scared that when National water takes over the management of the scheme, they will incur high costs in accessing the water which was availed to them at no cost.
They now accuse their local council three chairpersons Charles Kwebangira Byabakama and Charles Kahanyi of Kebisoni of conniving with national water to take over their scheme.
The residents led by the scheme chairperson Siraji Kyomukama and Justus Tumwesigye who is the secretary spent yesterday cleaning and renovating the water source.
They vowed not to let go of the scheme from their ownership, calling on the area legislator Hon. Mary Paula Turyahikayo to come to their rescue and save the situation.
In an interview with www.mknewslink.com the Kebisoni sub county chairperson Charles Kahanyi said that they received a notice from the ministry of water and environment directing the NWSC to gazette all water sources for the betterment of their management.
He also noted that the move is aimed at extending water to other areas that would wish to benefit from it.
The scheme donated in 1994 benefits over 2000 residents.

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Email: wmuhwezi75@gmail.com
Tel: +256702680106

By Jonan Beinomugisha
www.mknewslink.com
In Isingiro
Parents have been challenge to value the visiting days in schools.

The challenge was made by Steven Kangwagye the Member of Parliament for Bukanga County in Isingiro district.

He said that visiting days are important as they bring together parents, students and teachers to share on the academics and discipline of the children at school.

He made this remark during the thanksgiving ceremony of Kigaragara Vocational Secondary School upon their success in the last years UCE examinations making it the first school in the whole district.

Hon. Kangwagye pledged 7 million to complete the construction of two classrooms block.

In his remark the Head teacher Kigaragara Vocational Secondary School Julius Begumya said that the only challenge at school is lack of classrooms to accommodate a big number of students they have.

He thus called upon the government, the well-wishers to intervene and assist the school

A total of 19 million were collected towards the construction of two class rooms block.

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Email: wmuhwezi75@gmail.com
Tel: +256702680106