Day

By Sylvia Kugonza
In Kabarole
Kabarole Leaders are irked by the poor education standards in Kijura Town Council demanding the town council leadership and education department to take serious stern rules and regulations on the head teachers and teachers of primary schools.

Last year, Kijura Town Council got only 5 first grades in P.L.E, leaving parents and leaders wondering whether the teachers are being paid.

During the District Executive Committee DEC familiarization tour of the government programs in the town council, the district leaders led by the District chairperson Mr.Rwabuhinga Richard were shocked at Kahuna primary school to find that on Monday 5 teachers out of 9 had reported for duty and on Tuesday 9th April, only 3 teachers out 9 had reported leaving the children stranded in the buildings.

Mr.Rwabuhinga reveals that records indicated teachers and pupils were on holiday when other schools were busy preparing to end the first term describing the school as in the state of coma.

The tough speaking chairperson tasked the Kijura town council authorities both technical and political to prioritize monitoring and supervision of schools and health facilities as the district finds solution for these habitual errant teachers.
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By Sylivia Kugonza
www.mknewslink.com
In Kabarole
Plant clinics have been today launched in Karago and Kijura town councils, Kabarole district with the aim of offering technical advice to farmers on the pests and diseases that affect their crops.
Karago Plant Clinic will support and handle farmers from Karago town council, Kicwamba, Karangura and Bukuuku sub counties while Kijura Plant Clinic supports Kijura town council, Kabende and Hakibaale sub counties.
Peninnah Bahizi the agriculture officer Kabarole discloses that the Plant Clinic was initiated by the ministry of agriculture, animal husbandry and fisheries with the intention of agricultural officers to offer advice to farmers on the diseases that attack and damage their crops where farmers are supposed to pick and bring the affected parts of the crop for examination.
Speaking at the launch today, the district chairperson Mr.Rwabuhinga Richard observed that the economy of Uganda is agro based commended government for introducing such pro farmer program that target and attract different farmers to learn on the diseases affecting the prosperity of the crop production.
He however noted that the Plant Clinic will be staged on Markets to attract many farmers but urged the agriculture officers to make it rotational in all the sub counties.
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By Innocent Atuganyira
www.mknewslink.com
In Buliisa

The LCV chairman Buliisa district Agaba Kinene Simon has today cautioned Bagungu kingdom Activists over pernicious effect.

speaking to www.mknewslink.com said that a king is born a king not elected thus kingship is inherited, however Bagungu splitting off from Bunyoro kingdom will cause trouble among the people of Bunyoro.

Sustainability of Bugungu will be hard because cultural institutions should be having its own assets, what are the assets of the people of Bagungu? game park, lake or, He added

“Let them try if they can but I don’t see the possibility of Bagungu breaking off from Bunyoro, because am not that party” He concluded

Nevertheless Muhumuza Langton a resident at Bugoigo said that once Bagungu partakes from Bunyoro will play a big role in preserving Bugungu culture and also create unity among the people living in Bagungu like other kingdoms.

Buliisa was one of the twenty eight district in Bunyoro kingdom during the reign of king Kabalega.

Mr Nyendwoha Mutiti the first Deputy Prime Minister, Mr Jackson Byaruhanga Minister of Natural resources, Dr Florence Asiimwe Minister of social services and also Ms Dinah Kasangaki minister for Gender are Bagungu presentative in the Bunyoro cabinet.

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By www.mknewslink.com
In Kabale—-

A court clerk in Kabale was last night killed in an accident along Kabale Mbarara road on his way to Kabale direction.
One Darius Kamugisha a court clerk at Kabale magistrate court was past midnight driving his vehicle Reg. no UAS 245 T Toyota Premio when it over turned leaving him in critical condition with swollen head and chest plus other bodily injuries.
According to Elly Maate the Kigezi region police mouth piece, Kamugisha was rushed to Rugarama hospital then referred to Mbarara main hospital where he was also referred to Mulago.
Maate revealed that on his way to Mulago at around Lyantonde, Kamugisha breathed his last.
Nyakigugwe police visited the scene of the accident and investigations to establish the cause of the accident are underway.

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www.mknewslink.com
In Kampala

An extract of Dfcu bank Financial Statements for the year ended 31 December 2018 shows that the bank during that period earned gross profit of about Shs84 billion compared to Shs169 billion realised after acquiring Crane Bank (CBL) assets on January 25, 2017.
The latest financial statement which was approved by the banks managing director Mathias Katamba and Board Chairman Jimmy Mugerwa shows that it performed poorly in the year ended 2018 compared to 2017 when it made wonders, making a profit of Shs114 billion in half year, thanks to CBL controversial acquisition.
During the accounting period 2018 Dfcu bank earned about Shs61.7 billion in net profit compared to about Shs127.8 billion earned in 2017 where the bank was one of the top earners that year.
According to the financial statement, the banks total expenditure in 2018 was Shs326.2 billion compared to Shs350.8 billion in 2017.
Meanwhile the financial statement shows Dfcu had its core capital to risk weighted assets (RWA) decline to 17.74 per cent from 18.56 per cent in 2017. While total qualifying capital to RWA declined to 20 per cent from 22.24 per cent in 2017, all showing underperformance for a bank that had acquired its rival CBL at almost no cost, according to the report of parliaments Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) which grilled Bank of Uganda (BoU) officials over irregular closure and liquidation of seven commercial banks.
To further show that business was not good for Dfcu bank in the year ended 31st December 2018, its cash and balances with BoU declined to about Shs356 billion from about Shs362.3 billion in the previous year.
Further the banks total assets which also contribute to the strength of a financial institution declined to Shs2.9 trillion from Shs3 trillion in 2017. The Acquision of CBL on January 25, 2017 boosted Dfcu banks assets that accounting year. At the time Dfcu bank acquired CBL, the latter had total assets of about One trillion Shillings even though BoU said then were overshadowed by liabilities.
Further total shareholders equity declined to about Shs498.8 billion in 2018 from about Shs508.8 billion.
Meanwhile Dfcu bank had customer deposits remain almost constant at about Shs2 trillion in 2018 showing a decline of 0.4 per cent that year from Shs1.987 trillion in the year 2017.
The financial statement also shows that Dfcu banks reserves declined to about Shs8 billion in 2018 compared to about Shs11 billion reserved in 2017.
Due to the poor performance on the net profit scale in 2018, the proposed dividends to shareholders declined to 24.7 billion from Shs51 billion in 2017.
The acquisition of Crane Bank in January 2017 was one of the major factors why dfcu Bank was Ugandas largest bank, by profitability that year.
In its 2017 half year results, the bank revealed an after-tax profit surge of Shs114 billion, compared to Shs23 billion over the same period in 2016.
In a statement then, Dfcu confirmed that the profitability was driven by the acquisition of CBL assets.
The performance is largely attributed to the January 2017 acquisition of Crane Bank assets and assumption of liabilities by Dfcu Bank that presented numerous opportunities in line with Dfcus growth aspirations, said the bank in a statement then.
CBL assets brought in terms of loans and advances, contributed to a rise in interest income for the bank. The asset base expanded to Shs3 trillion in part because of the customer loan growth by 55.5 per cent to Shs1.3 trillion. This led to the increment in interest income the largest contributor to the total income of the bank.
Crane Bank had been taken-over by BoU after it claimed its capital had fallen below the minimum requirement set by the regulator. Dfcu acquired all cash, deposits, loans and advances, furniture and branches.

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In Kanungu
Security forces yesterday raided Kihihi and arrested more than 10 people who were suspected to have been involved in the kidnap of an American tourist one Kimberly Sue and her tour guide Jean Paul Mirenge on 2nd April 2019 in Queen Elizabeth national park in Kasese district.
The arrested were identified as Gad Mbonyibyombi a businessman in Kihihi town and his wife, Bannet Joe Kabati, Nahab, Ashiraf and Kareju.
Others are Adam Maniraguha aka Man, his wife and workers at his forex bureau Kinkizi Financial services located along Zabandora Street in Kihihi trading center.
It is alleged that Kimberly Sue a day before her kidnap had exchanged US$ 8,000 from Maniraguhas forex bureau.
Yesterdays arrest followed Mondays raid in Kihihi town where security officers arrested five suspects who included Akimu Tumwebaze Kiniga, Denis Kyarisima aka Boxer, Mugabo Yoweri and other two yet unidentified men.
It is also reported that Jean Paul Mirenge is also under custody for being part of kidnappers after being reported that he refused to go with any security officer when he went to drive the three tourists despite orders from his bosses and that a point where he stopped the car is where the gunmen jumped in.
Police spokesperson Fred Enanga in a statement on Monday afternoon said security officers are currently conducting raids and searches in Kanungu district and metropolitan.
The arrests come a few days after USA President Donald Trump tasked Uganda government to ensure that the kidnappers are arrested and prosecuted.

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