UGANDA: SOROTI DISTRICT HOSTS THE INTERNATIONAL YOUTH DAY CELEBRATIONS – 2024

Corruption: You Don’t Have to Go on the Streets and Riot, Museveni Tells Activists

Theme: “Skills Development for enhancement of youth opportunities”

File Photo/Courtesy: The President made the remarks today while officiating at the International Youth Day Celebrations held at Soroti Core Primary Teachers' College, Soroti District.

chimpreports.com,August 12, 2024, 10:36PM | The President made the remarks today while officiating at the International Youth Day Celebrations held at Soroti Core Primary Teachers' College, Soroti District.

President Yoweri Kaguta Museveni has reiterated his call to the youths to fight corruption through proper channels.

“Avoid and fight corruption. You don’t have to go on the streets and riot, you fight corruption by following up government money and know how it’s being spent. Know the figures and in case there’s some misappropriation, write and report to the RDC, if the RDC doesn’t act, we have got other channels,” he said.

The President made the remarks today while officiating at the International Youth Day Celebrations held at Soroti Core Primary Teachers’ College, Soroti District. The celebrations ran under the theme: “Skills Development for enhancement of youth opportunities”.

The International Youth Day is commemorated every year on 12 August, bringing youth issues to the attention of the international community and celebrating the potential of youths as partners in today’s global society.

President Museveni reassured Ugandans that corruption is easy to be dealt with as long as they work together.

“We can finish these corrupt people, they are not a big problem. All we need are facts,” he said.

The President also urged the youths and activists to insist on free education in government schools. According to President Museveni, Ugandans have refused to implement the program yet it would have helped the whole country.

“When we introduced it, we knew why we introduced it. In 1958, when we were in our area of Kyamate, Ntungamo area, the people who went to Mbarara High School were like four or five from the whole area. Many children were not going to school at all but even those who went, very few would proceed beyond Primary Six. That’s what we wanted to solve. In my view, we need the implementation of free education in government primary and Secondary schools. Those who are rich can send their children to private schools,” he explained.

“Why have leaders kept on bringing back charges in UPE schools? According to the figures I have, the children in primary schools are 11 million but the ones in secondary schools are 1.7 million. Yet the years of primary and the years of secondary are almost the same. It’s 7 years for primary and 6 for secondary. Why do you have 11 million learners in Primary and 1.7 million in secondary, where have the 9.3 million learners gone? You people, you all come from villages, go back and check how many people dropped out of school in each area.”

On the other hand, President Museveni advised the school going children to work with their parents during holidays to stabilise their homestead income.

“Many people don’t know that some of us were influenced by the way we grew up. Like in my case I was a wealth creator from the age of 4. Age of 4 my job was to look after the young cows. By the age of 8, I was looking after the big cows. The children in holidays should participate in wealth creation,” he said.

“I would advise the parents not to over exploit the children like we were exploited. My children and grandchildren now don’t have the same pressure like I had.”

The President further emphasised that when children are still in the school system, they should always participate in sports and exercises so that they are fit. He also advised that they should spend their youthful years doing useful things.

“Participate in spiritual development through religious programs so that you have discipline and fear God. We also need to audit the cultures and we see what we can recommend for our children. Some of the cultures for our people were not good, like mistreatment of women.”

Furthermore, President Museveni encouraged the youths to embrace and understand the four principles of the National Resistance Movement (NRM) of Patriotism, Pan-Africanism, Socio-economic Transformation and Democracy for their prosperity.

“After you have gone through the school system, you should engage in wealth creation through the four sectors of the economy which include commercial agriculture, manufacturing and artisanship, services and ICT. Being a political leader or administrator is also part of the services sector but the jobs there are few. So the government jobs are not enough but the services jobs in the private sector are much more.”

The President also cautioned the youths against environmental degradation.

“The misuse of swamps must stop. The swamps are for water to feed the dry land.”

On the other hand, President Museveni commended the people of Teso for fighting poverty through commercial agriculture.

“I can see most of the people in Teso are now out of the grass thatched houses and most of them are growing citrus fruits. I have put up new people to look after the factory and we shall stabilise the market.”

The Minister of Gender, Labour and Social Development, Hon. Betty Amongi informed the President that the theme of the celebrations resonates with the fact that skills are important for the realisation of opportunities of the youths, and it addresses the high numbers of the youths who are not in employment, not in school and not in the formal sector.

“The recent National Population and Housing Census of 2024 put the youths between 18 to 30 years at 10.4 million, representing 22.6 percent. Youths between 30 to 34 years are 2.8 million, constituting 6 percent. Children between 0 to 17 years are 23.1 million which constitute 50.2 percent. This makes Uganda one of the youngest and most rapidly growing populations in the world, with about 4 percent population growth and 78.8 percent of Uganda’s population are now under the age of 35,” she said.

The Minister also decried the lack of skills and competence among the youths, saying the factors deter them from effectively entering the job market.

“More than 1 million young people enter the job market every year. This presents both a huge opportunity but also a challenge. The 2021 Uganda National Labour Force Survey showed that employers across formal and informal sectors in Uganda identified lack of practical, digital entrepreneurship skills as well as soft skills such as managerial, communication, social, emotional as limiting most youths from entering the job market,” she noted.

“They also assert that our education system is not fully aligned with the Labour force needs leading to a mismatch of skills and competence for employability.”

The Minister of State for the Youth and Children Affairs, Hon. Balaam Barugahara assured the youths that the government is working around the clock to ensure that the challenge of unemployment among them is dealt with.

“Your Excellency, investing in youth skills development is crucial. Such investment supports national peace and stability, enhances resilience and promotes social transformation,” he noted.

The UN Resident Coordinator in Uganda, Ms. Susan Ngongi Namondo called for renewed efforts to ensure that the 73 percent of Ugandans under the age of 30 years are engaged in productive adulthood.

“We have to redouble efforts to ensure that there’s hope across the board,” she said.

The Ambassador of Denmark to Uganda, H.E Signe Winding Albjerg said the Youth Day commemoration was very vital because it aims at celebrating the contribution of the youth towards development especially in leading digital adoption and innovation across the globe.

“Your Excellency, this day also reminds us all to highlight the challenges that young people face in order to be able to realise their potential. On this day, we should challenge ourselves to do more and better for the youths,” she said.

The Chairperson of the National Youth Council-Uganda, Mr. Jacob Eyeru thanked the President for guiding the youth to the right path of attaining education and creating jobs.

“The NRM government also dealt with the issue of our health through immunisation. Now we are dealing with the issue of socio-economic transformation,” he said.

He also commended President Museveni for setting up the skilling hubs that impart skills to the youths across Uganda. This, he said, has helped to deal with youth unemployment in the country.

The event was also attended by the Vice President H.E Jessica Alupo, Ministers, Members of the Diplomatic Corps, Members of Parliament, among others.

REPOSITORY/SUPPLEMENT

EVENT : ohhh AND PARALYMPIC WEEK 2024

MERIT CERTIFICATE OF PARTICIPATION PRESENTED TO KATEREGA JONAN

File Photo/Courtesy: Katerega Jonan, Pupil, Murchison Bay Primary School, Nakawa Division, Kampala, Uganda.

ASPIRATION: WITH GOD'S GRACE, TO  ENABLE THE BENEFICIARY CHILD ACCOMPLISH THE ABILITY TO STEP IN THE SHOES OF A STELLAR CORPORATE EXECUTIVE FOR AN ENTITY IN THE LEAGUE OF  MTN UGANDA LIMITED .

ADDRESSED TO : SYLVIA WAIRIMU MULINGE

REPOSITORY/SUPPLEMENT

PARIS-2024 – O-SERIES

TENETS OF TRUST LEGACY

GLOBAL SOUTH ALERT – AFRICA –  #01 : |O| TRUST FROM SINCE MEDIEVAL ENGLAND, TO BEYOND AMERICAN DECLARATION OF INDEPENDENCE ON JULY 4, 1776.

YouTube: Trust Presentation Link – Overview :Express Trusts Under Common Law (Part 1) ; (Part 2) ; (Part 3) ; (Part 4).

GLOBAL SOUTH ALERT – ASIA – #02:|O| BANK NOT A TRUSTEE OR FIDUCIARY  BUT SIMPLY A DEBTOR – The contract between a bank and a customer in the decision of the House of Lords in Foley vs Hill (1848) 2 HL Cas 28

GLOBAL SOUTH ALERT – AUSTRALIA – #03:|O | MORTGAGEE (TYPALLY A LENDER SUCH AS A BANK) NOT A TRUSTEE FOR THE MORTGAGOR (BORROWER) –"It is well settled that a mortgagee is not a trustee of a power of sale for the mortgagor. Once the power has accrued, the mortgagee is entitled to exercise it for his own purposes whenever he chooses to do so. It matters not that the moment may be unpropitious and that by waiting a higher price could be obtained. He has the right to realize his security by turning it into money when he likes. [ See: Cuckmere Brick Co. Ltd Vs Mutual Finance Ltd [1971] Ch. 949 ]

GLOBALSOUTHALERT – EUROPE – #04: |O| #BANK STANDS TO LOOSE FOR FAILURE TO KEEP PROPER RECORD OF CUSTOMER ACCOUNT TRANSACTIONS – "Any bank which fails to keep proper records of accounts cannot sustain an ascertainable claim against a customer. ( See: Ezekiel Osugo Angwenyi & Another Vs. National Industrial Credit Bank Limited (2007) eKLR ]"

In Excellent Assorted Manufacturers Ltd & Anor Vs DFCU Bank Limited & Anor, Pg 81, Hon. Mr. Justice Boniface Wamala had the following important observation on that point as cited below:

. 

"It appears to me that the use of the URA receipt to explain this transaction is an attempt by the 1st Defendant to use any available documents that appear to be proximate in time to explain certain transactions even when there is no nexus between the documents. I find this trend unacceptable. Simply because a payment was done around the time the queried transaction was effected cannot be used as evidence to explain the query. Relying on a decision to which this court was referred by Counsel for the Plaintiffs, I agree that a Court of law cannot determine issues of accounts based on guesswork. 

GLOBALSOUTHALERT – NORTH AMERICA – #05:|O| #LESSEE (#BANK/END-USER) PRECLUDED FROM PASSING TITLE TO A THIRD PARTY WITHOUT PRIOR WRITTEN CONSENT FROM #LESSOR/ (#TRUSTEE/ OWNER) – Meera Investments Limited Vs DFCU Bank Limited & Anor, Civil Suit 948 of 2017 [2023] UGHCLD 340 (20th October 2023), Before: Hon. Mr. Justice Tadeo Asiimwe, CLICK LINK FOR DETAILS =>> : https://lnkd.in/eRHFGGPt

Extract:

James Magode Ikuya Vs Londa Mbarak Abdullah (HCT-04-CV-CA 87 of 2012 [2015] UGHC

"the lessee shall not without the consent of the lessor in writing deal in any way with his/her interest in the land before the lease is extended to the full term of 49 years. Paragraph 3 of the said lease provides for the need for a consent to "transfer". The lease concluded a sale and transfer of the leasehold land without seeking and obtaining the requisite consent." – Hon. Mr. Justice Henry I. Kawesi

RELATED UNITED STATES (USA) PRECEDENT:

Extract:

Cooperider Vs. Myre, 37 Ohio App. 502, 505, 175 N.E. 235, 236 (1930)

"It is no doubt true that possession of personal property is some evidence of ownership, and may be sufficient in a given case to protect one dealing with the property as that of possessor. But mere possession, unaccompanied by other circumstances giving it a specific character or creating an estoppel, is not such evidence of ownership as to prevail against the true owner, except in case of negotiable instruments, mortgaged chattel property, or that sold under conditional sales agreements."

"The rule that one cannot be divested of his property without his consent, and the principle that one cannot possess or convey a greater title than he himself has, controls all questions arising as to personal property attempted to be transferred or as to lien created thereon. The effect of possession as evidence of ownership is subordinate to these principles, save in exceptions noted. The mere fact of one putting property into the charge or custody of another does not divest the possession of the true owner; the legal possession still remains  in the owner, for the agent, bailee or lessee thereof can have no greater title than his grant provides." — Repository Citation: https://lnkd.in/e2R5fZUv

#TrustLawAlert : RENTAL CAR — ASSET BACKED SECURITY (ABS) TRANSACTION

"Most rental car fleet transactions are structured as a true lease (operating lease). In a true lease transaction, the vehicles are titled in the name of the Special Purpose Entity (SPE) with the Indenture Trustee/Custodian named as lienholder on the certificate of title. This will enable the transaction to be structured to be bankruptcy remote so that the fleet of assets can be liquidated in the event of a bankruptcy of the rental car company without a competing claim being made. on behalf of the bankrupt party's creditors." — https://lnkd.in/etmFKd-i

GLOBALSOUTHALERT – SOUTH AMERICA – #06 |O| HUMONGOUS LIQUIDITY TURNOVER : TRUST/FIDUCIARY PATIENT CAPITAL HANDSHAKE WITH ONE OR MORE BORROWER INTERMEDIARY/IES BOOSTS PLOUGHED BACK EARNINGS FOR PARTICIPATING FINANCIAL INSTITUTION/S ( TYPICALLY ONE OR MORE COMMERCIAL BANK/S). For Exhibit (1) [ Mortgage Backed Security (MBS) ]   , Please Visit: Fannie Mae : Financial Reports – FY 2021 | For Exhibit (2) [Asset Backed Security (ABS) ] ; Please Visit : Ford Variable Funding Note Prospectus, June 26, 2009 |

TAGLINE: "TREASURE THE PEARL , RIDE SPECIAL MOBILITY."

LINK: iSpecial Mobility Ecosystem

VISION STATEMENT: "WHOLE BUSINESS SECURITIZATION (WBS) FOR AFRICA AND BEYOND."

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