Re: [WestNileNet] Science Cafe Birth of West Nile Foundation Investment Club
Dear Mandera, Thanks for raising your concerns. Nobody had ever asked the direction to Naalya so we took it for granted that those who are interested know the place. Next time when Richard is advertising I think he will take this into account. As Richard has said we shall see how best to share the recordings but the biggest challenge now is lack of website for the science cafe which could make it easier for others to access these things but slowly we are making progress. Also appreciate the fact that these are voluntary ventures for which one has to spare time out of jobs, so it can be a challenge at times in wanting to do these things. Just like many people are not able to attend due to their busy schedules, the same happens to the organizers too because they have to work to put food on their plate while taking time to give back to community. But good concerns raised. Christine On Tue, Jan 25, 2011 at 8:40 AM, Maandera ibmaand...@gmail.com wrote: Hi All, I have browsed the ideas shared on this net on the Investment Club. Since I am among those who missed the Science Cafe presentation, I have two requests to make. I suppose the first one is part of the report. All the same let me pre-empt it. 1. *About the quarterly payment*: Does it go on forever or is there a time period e.g 2 years, etc when one pays this 100,000/= quarterly? What happens when one defaults payment in one or two quarters? 2. *About the venue for the Science Cafe* -- if it does not infringe on the privacy and security of our hosting brother, may I request that a how-to-get-there direction is posted for those who are not familiar with K'la or Naalya for that matter? I might not be the only one in Jerusalem who does not know the place. It would be nice if you could kindly provide options for those of us who use public means, including boda-bodas and those who use their own vehicles. I must appreciate the fact that this time members have some video recording of the presentation. I remember requesting this towards the beginning of these Cafe presentations. No one even commended on it. I still think for documentation purposes, recording these events are useful. Thanks for all your efforts. Maandera On Mon, Jan 24, 2011 at 9:40 PM, Caleb Alaka calebal...@yahoo.com wrote: --- On *Mon, 1/24/11, Caleb Alaka calebal...@yahoo.com* wrote: From: Caleb Alaka calebal...@yahoo.com Subject: Birth of West Nile Foundation Investment Club To: A Virtual Network for friends of West Nile westnilenet@kym.net Date: Monday, January 24, 2011, 5:49 AM Ladies and Gentlemen, As you are absolutely aware, one of our objectives as stated in our memorandum and articles of association is to venture into a collective investment scheme. The same is also reflected in our strategic Plan. Good news, Yesterday, during the science cafe under the tutelage of our able sister Christine Munduru, Our own investment expert Denis Aliga together with our ebullient elder Geoffrey Onegi Obel who is the God father of Capital Markets in Uganda made a breath taking presentation on collective investment schemes. Members then resolved to move forward and as a result the Committee on the WNFIC was formed. The members of the committee are the following: 1. Chairperson Richard Okuti Borao 2. Vice Chairperson Adiga Jimmy 3. members Alemi Kenyi William, Akille Igu Rocks, Adukule Winnie, Azabo Francis, Abati Nickson. Azabo Francis is the treasurer, meanwhile Denis Aliga is the Investment advisor and Caleb Alaka is an ex-officio by virtue of his position as the President. Members also agreed that the committee formulates its TOR, and members are urged to contribute a minimum of 100,000 per each three months to the scheme, the funds will be managed by a fund manager registered and approved by the capital markets authority. -- This message has been scanned for viruses and dangerous content by *MailScanner* http://www.mailscanner.info/, and is believed to be clean. ___ WestNileNet mailing list WestNileNet@kym.net http://orion.kym.net/mailman/listinfo/westnilenet WestNileNet is generously hosted by INFOCOM http://www.infocom.co.ug/ All Archives can be found at http://www.mail-archive.com/westnilenet@kym.net/ The above comments and data are owned by whoever posted them (including attachments if any). The List's Host is not responsible for them in any way. ___ -- This message has been scanned for viruses and dangerous content by *MailScanner* http://www.mailscanner.info/, and is believed to be clean. ___ WestNileNet mailing list WestNileNet@kym.net http://orion.kym.net/mailman/listinfo/westnilenet WestNileNet is generously hosted by INFOCOM http://www.infocom.co.ug/ All Archives can be found at http://www.mail-archive.com/westnilenet@kym.net/ The above comments
{Disarmed} Re: [WestNileNet] Death of Ombiga
Dear Friends, I wish to inform you that Mr. Modesto Ombiga who has been contributing ideas on this net passed away yesterday at 3 Pm in Ottawa Canada. He hails from Koboko District Ludara Sub-County and Ludara Clan. May his soul rest in peace. Fr. Alfred Tulu Asiku --- On Tue, 25/1/11, Maandera ibmaand...@gmail.com wrote: From: Maandera ibmaand...@gmail.com Subject: Re: [WestNileNet] Science Cafe Birth of West Nile Foundation Investment Club To: A Virtual Network for friends of West Nile westnilenet@kym.net Date: Tuesday, 25 January, 2011, 5:40 Hi All, I have browsed the ideas shared on this net on the Investment Club. Since I am among those who missed the Science Cafe presentation, I have two requests to make. I suppose the first one is part of the report. All the same let me pre-empt it. 1. About the quarterly payment: Does it go on forever or is there a time period e.g 2 years, etc when one pays this 100,000/= quarterly? What happens when one defaults payment in one or two quarters? 2. About the venue for the Science Cafe -- if it does not infringe on the privacy and security of our hosting brother, may I request that a how-to-get-there direction is posted for those who are not familiar with K'la or Naalya for that matter? I might not be the only one in Jerusalem who does not know the place. It would be nice if you could kindly provide options for those of us who use public means, including boda-bodas and those who use their own vehicles. I must appreciate the fact that this time members have some video recording of the presentation. I remember requesting this towards the beginning of these Cafe presentations. No one even commended on it. I still think for documentation purposes, recording these events are useful. Thanks for all your efforts. Maandera On Mon, Jan 24, 2011 at 9:40 PM, Caleb Alaka calebal...@yahoo.com wrote: --- On Mon, 1/24/11, Caleb Alaka calebal...@yahoo.com wrote: From: Caleb Alaka calebal...@yahoo.com Subject: Birth of West Nile Foundation Investment Club To: A Virtual Network for friends of West Nile westnilenet@kym.net Date: Monday, January 24, 2011, 5:49 AM Ladies and Gentlemen, As you are absolutely aware, one of our objectives as stated in our memorandum and articles of association is to venture into a collective investment scheme. The same is also reflected in our strategic Plan. Good news, Yesterday, during the science cafe under the tutelage of our able sister Christine Munduru, Our own investment expert Denis Aliga together with our ebullient elder Geoffrey Onegi Obel who is the God father of Capital Markets in Uganda made a breath taking presentation on collective investment schemes. Members then resolved to move forward and as a result the Committee on the WNFIC was formed. The members of the committee are the following: 1. Chairperson Richard Okuti Borao 2. Vice Chairperson Adiga Jimmy 3. members Alemi Kenyi William, Akille Igu Rocks, Adukule Winnie, Azabo Francis, Abati Nickson. Azabo Francis is the treasurer, meanwhile Denis Aliga is the Investment advisor and Caleb Alaka is an ex-officio by virtue of his position as the President. Members also agreed that the committee formulates its TOR, and members are urged to contribute a minimum of 100,000 per each three months to the scheme, the funds will be managed by a fund manager registered and approved by the capital markets authority. -- This message has been scanned for viruses and dangerous content by MailScanner, and is believed to be clean. ___ WestNileNet mailing list WestNileNet@kym.net http://orion.kym.net/mailman/listinfo/westnilenet WestNileNet is generously hosted by INFOCOM http://www.infocom.co.ug/ All Archives can be found at http://www.mail-archive.com/westnilenet@kym.net/ The above comments and data are owned by whoever posted them (including attachments if any). The List's Host is not responsible for them in any way. ___ -- This message has been scanned for viruses and dangerous content by MailScanner, and is believed to be clean. -Inline Attachment Follows- ___ WestNileNet mailing list WestNileNet@kym.net http://orion.kym.net/mailman/listinfo/westnilenet WestNileNet is generously hosted by INFOCOM http://www.infocom.co.ug/ All Archives can be found at http://www.mail-archive.com/westnilenet@kym.net/ The above comments and data are owned by whoever posted them (including attachments if any). The List's Host is not responsible for them in any way. ___ -- This message has been scanned for viruses and dangerous content by MailScanner, and is believed to be clean. ___ WestNileNet mailing list WestNileNet@kym.net http://orion.kym.net/mailman/listinfo/westnilenet
{Disarmed} Re: [WestNileNet] {Disarmed} Another Member Passes On.
Members, This is certainly a great loss. The contributions of the late on issues such as school performances, the road carnage, the plight of tobacco farmers, the West Nile University and many others made me appreciate his love and dedication to the development of the West Nile region. MAY HIS SOULD REST IN ETERNAL PEACE. Ejibua Sam On Tue, Jan 25, 2011 at 2:58 PM, Alemi Kenyi alke...@yahoo.co.uk wrote: WestNile Netter, You may haveb read mail from Mr. Modesto Ombiga from Canada on this net a number of times in the past. He passed on yesterday in Canada. The late Modesto Ombiga hails from Ludara, in Koboko. There will be a meeting to make funeral arrangements in Uganda at the home of Ajonye Phirimina in Kyebando Nsalonsalo this evening. For those who would like to join the family, once you get to Kyebando Nsalonsalo, call me on 0772-444772 for directions to the home. MAY ALMIGHTY GOD REST HIS SOUL IN ETERNAL PEACE. AMEN Alemi --- On *Tue, 25/1/11, Caleb Alaka calebal...@yahoo.com* wrote: From: Caleb Alaka calebal...@yahoo.com Subject: Re: [WestNileNet] Science Cafe Birth of West Nile Foundation Investment Club To: A Virtual Network for friends of West Nile westnilenet@kym.net Date: Tuesday, 25 January, 2011, 13:31 Dear Maandera, The suggestion for 100,000 quarterly was just muted but not yet adopted. Some Members suggested that it should be 100,000/= per month say for two or three years. The fund will have an investment manager who will be an investment advisor. The committee is seating tomorrow to fine tune, its TOR which will be discussed and approved by the Forum. --- On *Tue, 1/25/11, Maandera ibmaand...@gmail.com* wrote: From: Maandera ibmaand...@gmail.com Subject: Re: [WestNileNet] Science Cafe Birth of West Nile Foundation Investment Club To: A Virtual Network for friends of West Nile westnilenet@kym.net Date: Tuesday, January 25, 2011, 5:40 AM Hi All, I have browsed the ideas shared on this net on the Investment Club. Since I am among those who missed the Science Cafe presentation, I have two requests to make. I suppose the first one is part of the report. All the same let me pre-empt it. 1. *About the quarterly payment*: Does it go on forever or is there a time period e.g 2 years, etc when one pays this 100,000/= quarterly? What happens when one defaults payment in one or two quarters? 2. *About the venue for the Science Cafe* -- if it does not infringe on the privacy and security of our hosting brother, may I request that a how-to-get-there direction is posted for those who are not familiar with K'la or Naalya for that matter? I might not be the only one in Jerusalem who does not know the place. It would be nice if you could kindly provide options for those of us who use public means, including boda-bodas and those who use their own vehicles. I must appreciate the fact that this time members have some video recording of the presentation. I remember requesting this towards the beginning of these Cafe presentations. No one even commended on it. I still think for documentation purposes, recording these events are useful. Thanks for all your efforts. Maandera On Mon, Jan 24, 2011 at 9:40 PM, Caleb Alaka calebal...@yahoo.com wrote: --- On *Mon, 1/24/11, Caleb Alaka calebal...@yahoo.com* wrote: From: Caleb Alaka calebal...@yahoo.com Subject: Birth of West Nile Foundation Investment Club To: A Virtual Network for friends of West Nile westnilenet@kym.net Date: Monday, January 24, 2011, 5:49 AM Ladies and Gentlemen, As you are absolutely aware, one of our objectives as stated in our memorandum and articles of association is to venture into a collective investment scheme. The same is also reflected in our strategic Plan. Good news, Yesterday, during the science cafe under the tutelage of our able sister Christine Munduru, Our own investment expert Denis Aliga together with our ebullient elder Geoffrey Onegi Obel who is the God father of Capital Markets in Uganda made a breath taking presentation on collective investment schemes. Members then resolved to move forward and as a result the Committee on the WNFIC was formed. The members of the committee are the following: 1. Chairperson Richard Okuti Borao 2. Vice Chairperson Adiga Jimmy 3. members Alemi Kenyi William, Akille Igu Rocks, Adukule Winnie, Azabo Francis, Abati Nickson. Azabo Francis is the treasurer, meanwhile Denis Aliga is the Investment advisor and Caleb Alaka is an ex-officio by virtue of his position as the President. Members also agreed that the committee formulates its TOR, and members are urged to contribute a minimum of 100,000 per each three months to the scheme, the funds will be managed by a fund manager registered and approved by the capital markets authority. -- This message has been scanned for viruses and dangerous content by *MailScanner* http://www.mailscanner.info/, and is believed to be clean.
{Disarmed} Re: [WestNileNet] {Disarmed} Re: Science Cafe Birth of West Nile Foundation Investment Club
Dear members, I like the advice from Denis that 100,000= quarterly should be a starting point depending on how it moves, adjustments will be made.we pay this for one quarter and see how it moves then we contribute the second quarter etc. You know, we have not started but we are discussing too much ahead which would be good but at times those are the small things which make us fail. Some people are already talking of having more shares etc, this would not be bad but my suggestion would be to first take off with the amount which looks little for others and yet may not be easy for others to get. I would suggest that we start small and move slowly but surely otherwise we shall fail to take off. I tend to think that this expert advice from Denis was not without a reason. Thanks Christine On Tue, Jan 25, 2011 at 3:00 PM, Onzoma Apollo apon...@gmail.com wrote: Bwana Caleb, Thanks for the additional clarification except the 100k per month for two years or more is likely to eliminate many from the arrangement. Well we still look foward to getting the details from the TOR. Onzoma On Tue, Jan 25, 2011 at 2:31 PM, Caleb Alaka calebal...@yahoo.com wrote: Dear Maandera, The suggestion for 100,000 quarterly was just muted but not yet adopted. Some Members suggested that it should be 100,000/= per month say for two or three years. The fund will have an investment manager who will be an investment advisor. The committee is seating tomorrow to fine tune, its TOR which will be discussed and approved by the Forum. --- On *Tue, 1/25/11, Maandera ibmaand...@gmail.com* wrote: From: Maandera ibmaand...@gmail.com Subject: Re: [WestNileNet] Science Cafe Birth of West Nile Foundation Investment Club To: A Virtual Network for friends of West Nile westnilenet@kym.net Date: Tuesday, January 25, 2011, 5:40 AM Hi All, I have browsed the ideas shared on this net on the Investment Club. Since I am among those who missed the Science Cafe presentation, I have two requests to make. I suppose the first one is part of the report. All the same let me pre-empt it. 1. *About the quarterly payment*: Does it go on forever or is there a time period e.g 2 years, etc when one pays this 100,000/= quarterly? What happens when one defaults payment in one or two quarters? 2. *About the venue for the Science Cafe* -- if it does not infringe on the privacy and security of our hosting brother, may I request that a how-to-get-there direction is posted for those who are not familiar with K'la or Naalya for that matter? I might not be the only one in Jerusalem who does not know the place. It would be nice if you could kindly provide options for those of us who use public means, including boda-bodas and those who use their own vehicles. I must appreciate the fact that this time members have some video recording of the presentation. I remember requesting this towards the beginning of these Cafe presentations. No one even commended on it. I still think for documentation purposes, recording these events are useful. Thanks for all your efforts. Maandera On Mon, Jan 24, 2011 at 9:40 PM, Caleb Alaka *MailScanner has detected a possible fraud attempt from mc claiming to be* calebal...@yahoo.comhttp://mc/compose?to=calebal...@yahoo.com wrote: --- On *Mon, 1/24/11, Caleb Alaka MailScanner has detected a possible fraud attempt from mc claiming to be calebal...@yahoo.comhttp://mc/compose?to=calebal...@yahoo.com * wrote: From: Caleb Alaka *MailScanner has detected a possible fraud attempt from mc claiming to be* calebal...@yahoo.comhttp://mc/compose?to=calebal...@yahoo.com Subject: Birth of West Nile Foundation Investment Club To: A Virtual Network for friends of West Nile *MailScanner has detected a possible fraud attempt from mc claiming to be*westnilenet@kym.nethttp://mc/compose?to=westnilenet@kym.net Date: Monday, January 24, 2011, 5:49 AM Ladies and Gentlemen, As you are absolutely aware, one of our objectives as stated in our memorandum and articles of association is to venture into a collective investment scheme. The same is also reflected in our strategic Plan. Good news, Yesterday, during the science cafe under the tutelage of our able sister Christine Munduru, Our own investment expert Denis Aliga together with our ebullient elder Geoffrey Onegi Obel who is the God father of Capital Markets in Uganda made a breath taking presentation on collective investment schemes. Members then resolved to move forward and as a result the Committee on the WNFIC was formed. The members of the committee are the following: 1. Chairperson Richard Okuti Borao 2. Vice Chairperson Adiga Jimmy 3. members Alemi Kenyi William, Akille Igu Rocks, Adukule Winnie, Azabo Francis, Abati Nickson. Azabo Francis is the treasurer, meanwhile Denis Aliga is the Investment advisor and Caleb Alaka is an ex-officio by virtue of his position as the President. Members also agreed that
{Disarmed} Re: [WestNileNet] {Disarmed} Another Member Passes On.
Dear Alemi
Please pass on my Condolences to the family and relatives of late Modesto. I am
out of Kampala, and hence unable to join the vigil this evening. We pray that
the soul of the deceased rests in eternal peace.
Charles
Date: Tue, 25 Jan 2011 11:58:23 +
From: alke...@yahoo.co.uk
To: westnilenet@kym.net
Subject: {Disarmed} [WestNileNet] Another Member Passes On.
WestNile Netter,
You may haveb read mail from Mr. Modesto Ombiga from Canada on this net a
number of times in the past. He passed on yesterday in Canada.
The late Modesto Ombiga hails from Ludara, in Koboko. There will be a meeting
to make funeral arrangements in Uganda at the home of Ajonye Phirimina in
Kyebando Nsalonsalo this evening. For those who would like to join the family,
once you get to Kyebando Nsalonsalo, call me on 0772-444772 for directions to
the home.
MAY ALMIGHTY GOD REST HIS SOUL IN ETERNAL PEACE. AMEN
Alemi
--- On Tue, 25/1/11, Caleb Alaka calebal...@yahoo.com wrote:
From: Caleb Alaka calebal...@yahoo.com
Subject: Re: [WestNileNet] Science Cafe Birth of West Nile Foundation
Investment Club
To: A Virtual Network for friends of West Nile westnilenet@kym.net
Date: Tuesday, 25 January, 2011, 13:31
Dear Maandera,
The suggestion for 100,000 quarterly was just muted but not yet adopted. Some
Members suggested that it should be 100,000/= per month say for two or three
years. The fund will have an investment manager who will be an investment
advisor. The committee is seating tomorrow to fine tune, its TOR which will be
discussed and approved by the Forum.
--- On Tue, 1/25/11, Maandera ibmaand...@gmail.com wrote:
From: Maandera ibmaand...@gmail.com
Subject: Re: [WestNileNet] Science Cafe Birth of West Nile Foundation
Investment Club
To: A Virtual Network for friends of West Nile westnilenet@kym.net
Date: Tuesday, January 25, 2011, 5:40 AM
Hi All,
I have browsed the ideas shared on this net on the Investment Club. Since I am
among those who missed the Science Cafe presentation, I have two requests to
make. I suppose the first one is part of the report. All the same let me
pre-empt it.
1. About the quarterly payment: Does it go on forever or is there a time period
e.g 2 years, etc when one pays this 100,000/= quarterly? What happens when one
defaults payment in one or two quarters?
2. About the venue for the Science Cafe -- if it does not infringe on the
privacy and security of our hosting brother, may I request that a
how-to-get-there direction is posted for those who are not familiar with K'la
or Naalya for that matter? I might not be the only one in Jerusalem who does
not know the place. It would be nice if you could kindly provide options for
those of us who use public means, including boda-bodas and those who use their
own vehicles.
I must appreciate the fact that this time members have some video recording of
the presentation. I remember requesting this towards the beginning of these
Cafe presentations. No one even commended on it. I still think for
documentation purposes, recording these events are useful.
Thanks for all your efforts.
Maandera
On Mon, Jan 24, 2011 at 9:40 PM, Caleb Alaka calebal...@yahoo.com wrote:
--- On Mon, 1/24/11, Caleb Alaka calebal...@yahoo.com wrote:
From: Caleb Alaka calebal...@yahoo.com
Subject: Birth of West Nile Foundation Investment Club
To: A Virtual Network for friends of West Nile westnilenet@kym.net
Date: Monday, January 24, 2011, 5:49 AM
Ladies and Gentlemen,
As you are absolutely aware, one of our objectives as stated in our memorandum
and articles of association is to venture into a collective investment scheme.
The same is also reflected in our strategic Plan. Good news, Yesterday, during
the science cafe under the tutelage of our able sister Christine Munduru, Our
own investment expert Denis Aliga together with our ebullient elder Geoffrey
Onegi Obel who is the God father of Capital Markets in Uganda made a breath
taking presentation on collective investment schemes. Members then resolved to
move forward and as a result the Committee on the WNFIC was formed. The members
of the committee are the following:
1. Chairperson Richard Okuti Borao
2. Vice Chairperson Adiga Jimmy
3. members Alemi Kenyi William, Akille Igu Rocks, Adukule Winnie, Azabo
Francis, Abati Nickson. Azabo Francis is the treasurer, meanwhile Denis Aliga
is the Investment advisor and Caleb Alaka is an ex-officio by virtue of his
position as the President. Members also agreed that the committee formulates
its TOR, and members are urged to contribute a minimum of 100,000 per each
three months to the scheme, the funds will be managed by a fund manager
registered and approved by the capital markets authority.
--
This message has been scanned for viruses and
dangerous content by MailScanner, and is
believed to be clean.
___
WestNileNet mailing list
Re: [WestNileNet] Birth of West Nile Foundation Investment Club
Distinguished Members of the West Nile Forum, My apologies that I could not attend the Science Cafe of 23/01/2011, I was for the burial of the Late Mzee Semi Oguda at Anyavu - Logiri. I'm grateful that a decision was taken to set up WNFIC and indeed asking them to draft their TOR is not way off. We all know that in most cases when candidates are being vetted for a job they are normally asked a prominent question, what new things do you think you will contribute to an organisation? In a way they are actually being asked to draft their TOR to see if it matches with the expectations of the hiring entity. Definitely we shall at an appropriate time review the TOR suggested by the WNFIC. Nonetheless we need the constitution and other instruments of good governance to stremline some of the important decisions we have taken. I think let's move on. Aggrey Adrale --- On Mon, 24/1/11, anguyo francis leni francisl...@yahoo.co.uk wrote: From: anguyo francis leni francisl...@yahoo.co.uk Subject: Re: [WestNileNet] Birth of West Nile Foundation Investment Club To: westnilenet@kym.net Date: Monday, 24 January, 2011, 9:50 Dear President Westnile Foundation, I applaud you and everyone who attended the Science Cafe upon this new initiative. However i am also concerned that you could reach such an important decision that fast by simply electing into office persons, asking them to develop their TORs, without putting in place the necessary constitution, especially on things concerning MONEY. I for one would have loved the Cafe meeting to elect persons to draft a concept note and a consititution to guide this investment initiative and then share it on this forum before finalizing this process. I have never known that you can hire a person, even if voluntarily and ask them to develop their own TOR and off you retire home happy. It is a shame that members who participated in this exercise didn't see any problem with such an arrangement. Please, I AM NOT IN ANY WAY QUESTIONING THE INTEGRITY OF THE PEOPLE YOU ELECTED TO MANAGE AFFAIRS OF THE WNFIC, i think they are a formidable team. However there are so many loose ends to such a brilliant initiative, i hope our own highly knoweledgeable investment advisors gave you the whole picture and not just stopped at how to use your pool of money to make more money. For example, through a proper constitution (whatever you want to call it), you would know what to do with one's entitlement God forbid if one member of the WNFIC passes on. For now let me stop here, over to you WNF - Original Message From: westnilenet-requ...@kym.net westnilenet-requ...@kym.net To: westnilenet@kym.net Sent: Mon, 24 January, 2011 9:24:45 Subject: WestNileNet Digest, Vol 29, Issue 110 Send WestNileNet mailing list submissions to westnilenet@kym.net To subscribe or unsubscribe via the World Wide Web, visit http://orion.kym.net/mailman/listinfo/westnilenet or, via email, send a message with subject or body 'help' to westnilenet-requ...@kym.net You can reach the person managing the list at westnilenet-ow...@kym.net When replying, please edit your Subject line so it is more specific than Re: Contents of WestNileNet digest... Today's Topics: 1. Re: WestNileNet Digest, Vol 29, Issue 108 (JohnAJackson) 2. Concerned! (alex free) 3. Birth of West Nile Foundation Investment Club (Caleb Alaka) 4. Re: Gaaga accident (Gilbert Ringtho) -- Message: 1 Date: Sun, 23 Jan 2011 10:46:58 -0600 From: JohnAJackson javud...@gmail.com To: westnilenet@kym.net Subject: Re: [WestNileNet] WestNileNet Digest, Vol 29, Issue 108 Message-ID: aanlktik4my+uv6zsedd+mf73toh0xn1vlgi+8l59s...@mail.gmail.com Content-Type: text/plain; charset=iso-8859-1 Dear friends, Less than six months ago, KK bus killed 21 people and left more injured with severe injuries. Now Gaga bus has killed 17 more. A month ago 14 people died in Metu in another accident. In 2010, there more accidents where passengers were seriously injured including more deaths. When will these reckless killings stop? Ladies and gentlemen, if buses or lorries kill over 100 people per year, do we really see a problem? What can we do as a community to control the rate of these accidents? As consumers, if we do nothing, these accidents will only continue year after year. I think there is serious need to dialogue with bus operators. Although they are providing a service to the public, on the other hand, they must ensure high standard of public safety. A lot of sources of accidents coulld be avoided: - Over speeding - Drinking Driving - Lack of training and regard for public safety - Illegal driving without proper licensing - Reckless and defensive driving I think there is urgent need to address these
Re: [WestNileNet] {Disarmed} Re: Death of Ombiga
Hi Fr Alfred Death is snatching from us the elders we have in large numbers these days. May you and others from Ludara who have experienced this loss be assured of my nearness in prayer at such a tough moment! May he RIP r -- This message has been scanned for viruses and dangerous content by MailScanner, and is believed to be clean. ___ WestNileNet mailing list WestNileNet@kym.net http://orion.kym.net/mailman/listinfo/westnilenet WestNileNet is generously hosted by INFOCOM http://www.infocom.co.ug/ All Archives can be found at http://www.mail-archive.com/westnilenet@kym.net/ The above comments and data are owned by whoever posted them (including attachments if any). The List's Host is not responsible for them in any way. ___
Re: [WestNileNet] Death Announcement
Ineeded it is a great sorrow . I just spoke to Mary Ombiga. She needs everyone's Prayers. She said, she has not only lost a husband. She has lost her best friend. May God rest his sould in Peace. Apai Mary Date: Tue, 25 Jan 2011 02:13:52 -0500 From: cdm...@gmail.com To: westnilenet@kym.net Subject: [WestNileNet] Death Announcement Dear Westnilenetters: It is with great sorrow that we announce the untimely death of Mr. Johnson Modesto Ombiga, a Westnilenet member, an elder in the West Nile and Ugandan Community in Ottawa and Canada at large. Mr. Ombiga passed away on Monday, January 24, 2011 after a brief illness. The late Mr. Ombiga hails from Nyamudi Village in LUDARA PARISH, KOBOKO DISTRICT. Please pass on the message to the many relatives and friends of the late Mr. Ombiga within Uganda. Westnilenetters in North America who wish to pass their condolences may call the family at 613-220-1327 (Cell -- Mrs Mary Ombiga), 613 - 421-4928 (home). May his sould rest in eternal peace! Charles Male Ottawa -- This message has been scanned for viruses and dangerous content by MailScanner, and is believed to be clean. ___ WestNileNet mailing list WestNileNet@kym.net http://orion.kym.net/mailman/listinfo/westnilenet WestNileNet is generously hosted by INFOCOM http://www.infocom.co.ug/ All Archives can be found at http://www.mail-archive.com/westnilenet@kym.net/ The above comments and data are owned by whoever posted them (including attachments if any). The List's Host is not responsible for them in any way. ___ -- This message has been scanned for viruses and dangerous content by MailScanner, and is believed to be clean. ___ WestNileNet mailing list WestNileNet@kym.net http://orion.kym.net/mailman/listinfo/westnilenet WestNileNet is generously hosted by INFOCOM http://www.infocom.co.ug/ All Archives can be found at http://www.mail-archive.com/westnilenet@kym.net/ The above comments and data are owned by whoever posted them (including attachments if any). The List's Host is not responsible for them in any way. ___
{Disarmed} Re: [WestNileNet] {Disarmed} Another Member Passes On.
May his soul rest in eternal peace
Ms Milburga ATCERO
Lecturer Makerere University Business School
PhD student /Doctorante à la Sorbonne Paris III
+256(0)712-834-872
matc...@yahoo.com
--- On Tue, 1/25/11, Alemi Kenyi alke...@yahoo.co.uk wrote:
From: Alemi Kenyi alke...@yahoo.co.uk
Subject: {Disarmed} [WestNileNet] Another Member Passes On.
To: A Virtual Network for friends of West Nile westnilenet@kym.net
Date: Tuesday, January 25, 2011, 3:58 AM
WestNile Netter,
You may haveb read mail from Mr. Modesto Ombiga from Canada on this net a
number of times in the past. He passed on yesterday in Canada.
The late Modesto Ombiga hails from Ludara, in Koboko. There will be a meeting
to make funeral arrangements in Uganda at the home of Ajonye Phirimina in
Kyebando Nsalonsalo this evening. For those who would like to join the family,
once you get to Kyebando Nsalonsalo, call me on 0772-444772 for directions to
the home.
MAY ALMIGHTY GOD REST HIS SOUL IN ETERNAL PEACE. AMEN
Alemi
--- On Tue, 25/1/11, Caleb Alaka calebal...@yahoo.com wrote:
From: Caleb Alaka calebal...@yahoo.com
Subject: Re: [WestNileNet] Science Cafe Birth of West Nile Foundation
Investment Club
To: A Virtual Network for friends of West Nile westnilenet@kym.net
Date: Tuesday, 25 January, 2011, 13:31
Dear Maandera,
The suggestion for 100,000 quarterly was just muted but not yet adopted. Some
Members suggested that it should be 100,000/= per month say for two or three
years. The fund will have an investment manager who will be an investment
advisor. The committee is seating tomorrow to fine tune, its TOR which will be
discussed and approved by the Forum.
--- On Tue, 1/25/11, Maandera ibmaand...@gmail.com wrote:
From: Maandera ibmaand...@gmail.com
Subject: Re: [WestNileNet] Science Cafe Birth of West Nile Foundation
Investment Club
To: A Virtual Network for friends of West Nile westnilenet@kym.net
Date: Tuesday, January 25, 2011, 5:40 AM
Hi All,
I have browsed the ideas shared on this net on the Investment Club. Since I am
among those who missed the Science Cafe presentation, I have two requests to
make. I suppose the first one is part of the report. All the same let me
pre-empt it.
1. About the quarterly payment: Does it go on forever or is there a time period
e.g 2 years, etc when one pays this 100,000/= quarterly? What happens when one
defaults payment in one or two quarters?
2. About the venue for the Science Cafe -- if it does not infringe on the
privacy and security of our hosting brother, may I request that a
how-to-get-there direction is posted for those who are not familiar with K'la
or Naalya for that matter? I might not be the only one in Jerusalem who does
not know the place. It would be nice if you could kindly provide options for
those of us who use public means, including boda-bodas and those who use their
own vehicles.
I must appreciate the fact that this time members have some video recording of
the presentation. I remember requesting this towards the beginning of these
Cafe presentations. No one even commended on it. I still think for
documentation purposes, recording these events are useful.
Thanks for all your efforts.
Maandera
On Mon, Jan 24, 2011 at 9:40 PM, Caleb Alaka calebal...@yahoo.com wrote:
--- On Mon, 1/24/11, Caleb Alaka calebal...@yahoo.com wrote:
From: Caleb Alaka calebal...@yahoo.com
Subject: Birth of West Nile Foundation Investment Club
To: A Virtual Network for friends of West Nile westnilenet@kym.net
Date: Monday, January 24, 2011, 5:49 AM
Ladies and Gentlemen,
As you are absolutely aware, one of our objectives as stated in our memorandum
and articles of association is to venture into a collective investment scheme.
The same is also reflected in our strategic Plan. Good news, Yesterday, during
the science cafe under the tutelage of our able sister Christine Munduru, Our
own investment expert Denis Aliga together with our ebullient elder Geoffrey
Onegi Obel who is the God father of Capital Markets in Uganda made a breath
taking presentation on collective investment schemes. Members then resolved to
move forward and as a result the Committee on the WNFIC was formed. The members
of the committee are the following:
1. Chairperson Richard Okuti Borao
2. Vice Chairperson Adiga Jimmy
3. members Alemi Kenyi William, Akille Igu Rocks, Adukule Winnie, Azabo
Francis, Abati Nickson. Azabo Francis is the treasurer, meanwhile Denis Aliga
is the Investment advisor and Caleb Alaka is an ex-officio by virtue of his
position as the President. Members also agreed that the committee formulates
its TOR, and members are urged to contribute a minimum of 100,000 per each
three months to the scheme, the funds will be managed by a fund manager
registered and approved by the capital markets authority.
--
This message has been scanned for viruses and
dangerous content by MailScanner, and is
believed to be
{Disarmed} Re: [WestNileNet] {Disarmed} Re: {Disarmed} Another Member Passes On.
Condolonces to all and May he rest in Peace.
Kadara Kursum Akujo.
From: milburga atcero matc...@yahoo.com
To: A Virtual Network for friends of West Nile westnilenet@kym.net
Sent: Tue, 25 January, 2011 18:03:21
Subject: {Disarmed} Re: [WestNileNet] {Disarmed} Another Member Passes On.
May his soul rest in eternal peace
Ms Milburga ATCERO
Lecturer Makerere University Business School
PhD student /Doctorante à la SorbonneParis III
+256(0)712-834-872
matc...@yahoo.com
--- On Tue, 1/25/11, Alemi Kenyi alke...@yahoo.co.uk wrote:
From: Alemi Kenyi alke...@yahoo.co.uk
Subject: {Disarmed} [WestNileNet] Another Member Passes On.
To: A Virtual Network for friends of West Nile westnilenet@kym.net
Date: Tuesday, January 25, 2011, 3:58 AM
WestNile Netter,
You may haveb read mail from Mr. Modesto Ombiga from Canada on this net a
number
of times in the past. He passed on yesterday in Canada.
The late Modesto Ombiga hails from Ludara, in Koboko. There will be a meeting
to
make funeral arrangements in Uganda at the home of Ajonye Phirimina in
Kyebando
Nsalonsalo this evening. For those who would like to join the family, once
you get to Kyebando Nsalonsalo, call me on 0772-444772 for directions to the
home.
MAY ALMIGHTY GOD REST HIS SOUL IN ETERNAL PEACE. AMEN
Alemi
--- On Tue, 25/1/11, Caleb Alaka calebal...@yahoo.com wrote:
From: Caleb Alaka calebal...@yahoo.com
Subject: Re: [WestNileNet] Science Cafe Birth of West Nile Foundation
Investment Club
To: A Virtual Network for friends of West Nile westnilenet@kym.net
Date: Tuesday, 25 January, 2011, 13:31
Dear Maandera,
The suggestion for 100,000 quarterly was just muted but not yet adopted. Some
Members suggested that it should be 100,000/= per month say for two or three
years. The fund will have an investment manager who will be an investment
advisor. The committee is seating tomorrow to fine tune, its TOR which will
be
discussed and approved by the Forum.
--- On Tue, 1/25/11, Maandera ibmaand...@gmail.com wrote:
From: Maandera ibmaand...@gmail.com
Subject: Re: [WestNileNet] Science Cafe Birth of West Nile Foundation
Investment Club
To: A Virtual Network for friends of West Nile westnilenet@kym.net
Date: Tuesday, January 25, 2011, 5:40 AM
Hi All,
I have browsed the ideas shared on this net on the Investment Club. Since I
am
among those who missed the Science Cafe presentation, I have two requests to
make. I suppose the first one is part of the report. All the same let me
pre-empt it.
1. About the quarterly payment: Does it go on forever or is there a time
period
e.g 2 years, etc when one pays this 100,000/= quarterly? What happens when
one
defaults payment in one or two quarters?
2. About the venue for the Science Cafe -- if it does not infringe on the
privacy and security of our hosting brother, may I request that a
how-to-get-there direction is posted for those who are not familiar with
K'la
or Naalya for that matter? I might not be the only one in Jerusalem who does
not
know the place. It would be nice if you could kindly provide options for
those
of us who use public means, including boda-bodas and those who use their own
vehicles.
I must appreciate the fact that this time members have some video recording
of
the presentation. I remember requesting this towards the beginning of these
Cafe
presentations. No one even commended on it. I still think for documentation
purposes, recording these events are useful.
Thanks for all your efforts.
Maandera
On Mon, Jan 24, 2011 at 9:40 PM, Caleb Alaka calebal...@yahoo.com wrote:
--- On Mon, 1/24/11, Caleb Alaka calebal...@yahoo.com wrote:
From: Caleb Alaka calebal...@yahoo.com
Subject: Birth of West Nile Foundation Investment Club
To: A Virtual Network for friends of West Nile westnilenet@kym.net
Date: Monday, January 24, 2011, 5:49 AM
Ladies and Gentlemen,
As you are absolutely aware, one of our objectives as stated in our
memorandum
and articles of association is to venture into a collective investment
scheme.
The same is also reflected in our strategic Plan. Good news, Yesterday,
during
the science cafe under the tutelage of our able sister Christine Munduru,
Our
own investment expert Denis Aliga together with our ebullient elder
Geoffrey
Onegi Obel who is the God father of Capital Markets in Uganda made a
breath
taking presentation on collective investment schemes. Members then
resolved to
move forward and as a result the Committee on the WNFIC was formed. The
members
of the committee are the following:
1. Chairperson Richard Okuti Borao
2. Vice Chairperson Adiga Jimmy
3. members Alemi Kenyi William, Akille Igu Rocks, Adukule Winnie, Azabo
Francis,
Abati Nickson. Azabo Francis is the treasurer, meanwhile Denis Aliga is
the
Investment advisor and Caleb Alaka is an ex-officio by virtue of his
position as
the President. Members also
Re: [WestNileNet] Death Announcement
Sincere Condolences On Tue, Jan 25, 2011 at 10:38 AM, mary duku tha...@hotmail.com wrote: *Ineeded it is a great sorrow . I just spoke to Mary Ombiga. She needs everyone's Prayers. She said, she has not only lost a husband. She has lost her best friend. * *May God rest his sould in * Peace. Apai Mary -- Date: Tue, 25 Jan 2011 02:13:52 -0500 From: cdm...@gmail.com To: westnilenet@kym.net Subject: [WestNileNet] Death Announcement Dear Westnilenetters: It is with great sorrow that we announce the untimely death of Mr. Johnson Modesto Ombiga, a Westnilenet member, an elder in the West Nile and Ugandan Community in Ottawa and Canada at large. Mr. Ombiga passed away on Monday, January 24, 2011 after a brief illness. The late Mr. Ombiga hails from Nyamudi Village in LUDARA PARISH, KOBOKO DISTRICT. Please pass on the message to the many relatives and friends of the late Mr. Ombiga within Uganda. Westnilenetters in North America who wish to pass their condolences may call the family at 613-220-1327 (Cell -- Mrs Mary Ombiga), 613 - 421-4928 (home). May his sould rest in eternal peace! Charles Male Ottawa -- This message has been scanned for viruses and dangerous content by *MailScanner* http://www.mailscanner.info/, and is believed to be clean. ___ WestNileNet mailing list WestNileNet@kym.net http://orion.kym.net/mailman/listinfo/westnilenetWestNileNet is generously hosted by INFOCOM http://www.infocom.co.ug/ All Archives can be found at http://www.mail-archive.com/westnilenet@kym.net/ The above comments and data are owned by whoever posted them (including attachments if any). The List's Host is not responsible for them in any way. ___ -- This message has been scanned for viruses and dangerous content by *MailScanner* http://www.mailscanner.info/, and is believed to be clean. ___ WestNileNet mailing list WestNileNet@kym.net http://orion.kym.net/mailman/listinfo/westnilenet WestNileNet is generously hosted by INFOCOM http://www.infocom.co.ug/ All Archives can be found at http://www.mail-archive.com/westnilenet@kym.net/ The above comments and data are owned by whoever posted them (including attachments if any). The List's Host is not responsible for them in any way. ___ -- This message has been scanned for viruses and dangerous content by MailScanner, and is believed to be clean. ___ WestNileNet mailing list WestNileNet@kym.net http://orion.kym.net/mailman/listinfo/westnilenet WestNileNet is generously hosted by INFOCOM http://www.infocom.co.ug/ All Archives can be found at http://www.mail-archive.com/westnilenet@kym.net/ The above comments and data are owned by whoever posted them (including attachments if any). The List's Host is not responsible for them in any way. ___
Re: [WestNileNet] Birth of West Nile Foundation Investment Club
Aggrey, You and the likes of JohnAJackson have been so inspirational to most people not only on this net and the Foundation but also for your distinguished leadership roles at the different spheres of life. Thanks for this guidance. Indeed the WNFIC will be professionally managed. The Committee can draft the Terms of Reference, Members will have to debate the same and make additions and subtractions. A professional Fund manager regulated by the Regulatory Body which I think in this case is the Capital Markets Authority will be picked by members. We shall decide on what we want our funds to do of course in consultation with the Fund Manager and our Investment Advisors like our own Denis Aliga, Judy Obitre Gama and Geof Onegi Obel. Imagine if 400 members contribute 100,000/= say per month for two or three years, can we not begin a West Nile Bank of Commerce... The following members of the committee should get in touch either by phone or by mail with Richard Okuti Boroa the Chairperson for instructions for the first meeting of the committee. Chairman Okuti Richard 0772725252 Vice Chairman Adiga Jimmy 0772644364 Members (Legal) Akile Sunday Igu R 0712610948 Alemi Kenyi William 0772444772 Azabo Francis (Treasurer) 0772636498 Winnie Adukule (Deputy Legal) 0772485380 Abati Mickson 0772994815 Denis Aliga (Technical Advisor) 0758770530 Caleb Alaka (Ex-officio) 0772401987 --- On Tue, 1/25/11, aggrey adrale fetagrey2...@yahoo.co.uk wrote: From: aggrey adrale fetagrey2...@yahoo.co.uk Subject: Re: [WestNileNet] Birth of West Nile Foundation Investment Club To: A Virtual Network for friends of West Nile westnilenet@kym.net Date: Tuesday, January 25, 2011, 2:12 PM Distinguished Members of the West Nile Forum, My apologies that I could not attend the Science Cafe of 23/01/2011, I was for the burial of the Late Mzee Semi Oguda at Anyavu - Logiri. I'm grateful that a decision was taken to set up WNFIC and indeed asking them to draft their TOR is not way off. We all know that in most cases when candidates are being vetted for a job they are normally asked a prominent question, what new things do you think you will contribute to an organisation? In a way they are actually being asked to draft their TOR to see if it matches with the expectations of the hiring entity. Definitely we shall at an appropriate time review the TOR suggested by the WNFIC. Nonetheless we need the constitution and other instruments of good governance to stremline some of the important decisions we have taken. I think let's move on. Aggrey Adrale --- On Mon, 24/1/11, anguyo francis leni francisl...@yahoo.co.uk wrote: From: anguyo francis leni francisl...@yahoo.co.uk Subject: Re: [WestNileNet] Birth of West Nile Foundation Investment Club To: westnilenet@kym.net Date: Monday, 24 January, 2011, 9:50 Dear President Westnile Foundation, I applaud you and everyone who attended the Science Cafe upon this new initiative. However i am also concerned that you could reach such an important decision that fast by simply electing into office persons, asking them to develop their TORs, without putting in place the necessary constitution, especially on things concerning MONEY. I for one would have loved the Cafe meeting to elect persons to draft a concept note and a consititution to guide this investment initiative and then share it on this forum before finalizing this process. I have never known that you can hire a person, even if voluntarily and ask them to develop their own TOR and off you retire home happy. It is a shame that members who participated in this exercise didn't see any problem with such an arrangement. Please, I AM NOT IN ANY WAY QUESTIONING THE INTEGRITY OF THE PEOPLE YOU ELECTED TO MANAGE AFFAIRS OF THE WNFIC, i think they are a formidable team. However there are so many loose ends to such a brilliant initiative, i hope our own highly knoweledgeable investment advisors gave you the whole picture and not just stopped at how to use your pool of money to make more money. For example, through a proper constitution (whatever you want to call it), you would know what to do with one's entitlement God forbid if one member of the WNFIC passes on. For now let me stop here, over to you WNF - Original Message From: westnilenet-requ...@kym.net westnilenet-requ...@kym.net To: westnilenet@kym.net Sent: Mon, 24 January, 2011 9:24:45 Subject: WestNileNet Digest, Vol 29, Issue 110 Send WestNileNet mailing list submissions to westnilenet@kym.net To subscribe or unsubscribe via the World Wide Web, visit http://orion.kym.net/mailman/listinfo/westnilenet or, via email, send a message with subject or body 'help' to westnilenet-requ...@kym.net You can reach the person managing the list at westnilenet-ow...@kym.net When replying, please edit your Subject line so it is more specific than Re: Contents of WestNileNet
[WestNileNet] Fw: RE: Science Cafe Birth of West Nile Foundation Investment Club
Wendy, Thanks for raising this issue. For the record, I was neither the Chairperson, nor the Vice or even the treasurer. I was not a signatory to that account. I also raised the same issue during the Science Cafe at the Nalya meeting. I was not a signatory to the account and I was not in charge of the money. I also want my contribution. That initiative had several flows. We did not have a fund manager, neither where we educated about collective Investment Funds. We kept idle money which I understand other members ended up borrowing. I do not know the borrowers and I do not know whether borrowed funds where refunded. I did not borrow any money from that fund. Avutia was the treasurer. I think we shall cause a meeting of all the contributors of the Nile Initiative for a meeting. That time, we also did not have the Anti Corruption Court to Charge any person who embezzles public funds. But this new initiative is under a frame work of an organization which is Registered. The fund will be run by a professional fund manager registered and regulated by the Capital Markets Authority. I believe it will also be insured. For me I will try a short at it when the necessary guidelines are adopted by the Forum. --- On Tue, 1/25/11, angu...@mtn.co.ug angu...@mtn.co.ug wrote: From: angu...@mtn.co.ug angu...@mtn.co.ug Subject: RE: [WestNileNet] Science Cafe Birth of West Nile Foundation Investment Club To: calebal...@yahoo.com Date: Tuesday, January 25, 2011, 1:34 PM Well said Caleb, However what happened to the savings we made towards the West Nile Initiative around 2004. I remember I was if not the only lady, then one of the few who put in some dimes. I have tried to follow up with Dick (Treasurer then) , Eng. Okuni, Droma etc but no proper feedback. As one of the signatories to that account can you explain how I can access my dimes? From: westnilenet-boun...@kym.net [mailto:westnilenet-boun...@kym.net] On Behalf Of Caleb Alaka Sent: Tuesday, January 25, 2011 2:31 PM To: A Virtual Network for friends of West Nile Subject: Re: [WestNileNet] Science Cafe Birth of West Nile Foundation Investment Club Dear Maandera, The suggestion for 100,000 quarterly was just muted but not yet adopted. Some Members suggested that it should be 100,000/= per month say for two or three years. The fund will have an investment manager who will be an investment advisor. The committee is seating tomorrow to fine tune, its TOR which will be discussed and approved by the Forum. --- On Tue, 1/25/11, Maandera ibmaand...@gmail.com wrote: From: Maandera ibmaand...@gmail.com Subject: Re: [WestNileNet] Science Cafe Birth of West Nile Foundation Investment Club To: A Virtual Network for friends of West Nile westnilenet@kym.net Date: Tuesday, January 25, 2011, 5:40 AM Hi All, I have browsed the ideas shared on this net on the Investment Club. Since I am among those who missed the Science Cafe presentation, I have two requests to make. I suppose the first one is part of the report. All the same let me pre-empt it. 1. About the quarterly payment: Does it go on forever or is there a time period e.g 2 years, etc when one pays this 100,000/= quarterly? What happens when one defaults payment in one or two quarters? 2. About the venue for the Science Cafe -- if it does not infringe on the privacy and security of our hosting brother, may I request that a how-to-get-there direction is posted for those who are not familiar with K'la or Naalya for that matter? I might not be the only one in Jerusalem who does not know the place. It would be nice if you could kindly provide options for those of us who use public means, including boda-bodas and those who use their own vehicles. I must appreciate the fact that this time members have some video recording of the presentation. I remember requesting this towards the beginning of these Cafe presentations. No one even commended on it. I still think for documentation purposes, recording these events are useful. Thanks for all your efforts. Maandera On Mon, Jan 24, 2011 at 9:40 PM, Caleb Alaka calebal...@yahoo.com wrote: --- On Mon, 1/24/11, Caleb Alaka calebal...@yahoo.com wrote: From: Caleb Alaka calebal...@yahoo.com Subject: Birth of West Nile Foundation Investment Club To: A Virtual Network for friends of West Nile westnilenet@kym.net Date: Monday, January 24, 2011, 5:49 AM Ladies and Gentlemen, As you are absolutely aware, one of our objectives as stated in our memorandum and articles of association is to venture into a collective investment scheme. The same is also reflected in our strategic Plan. Good news, Yesterday, during the science cafe under the tutelage of our able sister Christine Munduru, Our own investment expert Denis Aliga together with our ebullient elder Geoffrey Onegi Obel who is the God father of Capital Markets in Uganda made a
[WestNileNet] West Nile Foundation Investment Club and the Nile Initiative
Wendy, Thanks for raising this issue. For the record, I was neither the Chairperson, nor the Vice or even the treasurer. I was not a signatory to that account. I also raised the same issue during the Science Cafe at the Nalya meeting. I was not a signatory to the account and I was not in charge of the money. I also want my contribution. That initiative had several flows. We did not have a fund manager, neither where we educated about collective Investment Funds. We kept idle money which I understand other members ended up borrowing. I do not know the borrowers and I do not know whether borrowed funds where refunded. I did not borrow any money from that fund. Avutia was the treasurer. I think we shall cause a meeting of all the contributors of the Nile Initiative for a meeting. That time, we also did not have the Anti Corruption Court to Charge any person who embezzles public funds. But this new initiative is under a frame work of an organization which is Registered. The fund will be run by a professional fund manager registered and regulated by the Capital Markets Authority. I believe it will also be insured. For me I will try a short at it when the necessary guidelines are adopted by the Forum. -- This message has been scanned for viruses and dangerous content by MailScanner, and is believed to be clean. ___ WestNileNet mailing list WestNileNet@kym.net http://orion.kym.net/mailman/listinfo/westnilenet WestNileNet is generously hosted by INFOCOM http://www.infocom.co.ug/ All Archives can be found at http://www.mail-archive.com/westnilenet@kym.net/ The above comments and data are owned by whoever posted them (including attachments if any). The List's Host is not responsible for them in any way. ___
[WestNileNet] Another member passes on
Jackson and Kigs, Is it possible for the two of you to chronicle all the late Ombiga's contributions on the West Nile Net and post them on the net in memory of all his great contribution towards the transformation of West Nile. May his soul R.I.P -- This message has been scanned for viruses and dangerous content by MailScanner, and is believed to be clean. ___ WestNileNet mailing list WestNileNet@kym.net http://orion.kym.net/mailman/listinfo/westnilenet WestNileNet is generously hosted by INFOCOM http://www.infocom.co.ug/ All Archives can be found at http://www.mail-archive.com/westnilenet@kym.net/ The above comments and data are owned by whoever posted them (including attachments if any). The List's Host is not responsible for them in any way. ___
Re: [WestNileNet] Birth of West Nile Foundation Investment Club
Onzoma I think you are spot on. Let the committee be given the opportunity to handle its work after all we have technical people like Denis Aliga who can assist in developing the concept note. Lets not worry about the speed. After all every ones input will be sought on the net and no one is obliged to mandatory be a member of this Club. Though I would advise those who have ears to hear and those who have eyes to see that this is a revolution. So we either join or we don't On 1/25/11, Caleb Alaka calebal...@yahoo.com wrote: Aggrey, You and the likes of JohnAJackson have been so inspirational to most people not only on this net and the Foundation but also for your distinguished leadership roles at the different spheres of life. Thanks for this guidance. Indeed the WNFIC will be professionally managed. The Committee can draft the Terms of Reference, Members will have to debate the same and make additions and subtractions. A professional Fund manager regulated by the Regulatory Body which I think in this case is the Capital Markets Authority will be picked by members. We shall decide on what we want our funds to do of course in consultation with the Fund Manager and our Investment Advisors like our own Denis Aliga, Judy Obitre Gama and Geof Onegi Obel. Imagine if 400 members contribute 100,000/= say per month for two or three years, can we not begin a West Nile Bank of Commerce... The following members of the committee should get in touch either by phone or by mail with Richard Okuti Boroa the Chairperson for instructions for the first meeting of the committee. Chairman Okuti Richard 0772725252 Vice Chairman Adiga Jimmy 0772644364 Members (Legal) Akile Sunday Igu R 0712610948 Alemi Kenyi William 0772444772 Azabo Francis (Treasurer) 0772636498 Winnie Adukule (Deputy Legal) 0772485380 Abati Mickson 0772994815 Denis Aliga (Technical Advisor) 0758770530 Caleb Alaka (Ex-officio) 0772401987 --- On Tue, 1/25/11, aggrey adrale fetagrey2...@yahoo.co.uk wrote: From: aggrey adrale fetagrey2...@yahoo.co.uk Subject: Re: [WestNileNet] Birth of West Nile Foundation Investment Club To: A Virtual Network for friends of West Nile westnilenet@kym.net Date: Tuesday, January 25, 2011, 2:12 PM Distinguished Members of the West Nile Forum, My apologies that I could not attend the Science Cafe of 23/01/2011, I was for the burial of the Late Mzee Semi Oguda at Anyavu - Logiri. I'm grateful that a decision was taken to set up WNFIC and indeed asking them to draft their TOR is not way off. We all know that in most cases when candidates are being vetted for a job they are normally asked a prominent question, what new things do you think you will contribute to an organisation? In a way they are actually being asked to draft their TOR to see if it matches with the expectations of the hiring entity. Definitely we shall at an appropriate time review the TOR suggested by the WNFIC. Nonetheless we need the constitution and other instruments of good governance to stremline some of the important decisions we have taken. I think let's move on. Aggrey Adrale --- On Mon, 24/1/11, anguyo francis leni francisl...@yahoo.co.uk wrote: From: anguyo francis leni francisl...@yahoo.co.uk Subject: Re: [WestNileNet] Birth of West Nile Foundation Investment Club To: westnilenet@kym.net Date: Monday, 24 January, 2011, 9:50 Dear President Westnile Foundation, I applaud you and everyone who attended the Science Cafe upon this new initiative. However i am also concerned that you could reach such an important decision that fast by simply electing into office persons, asking them to develop their TORs, without putting in place the necessary constitution, especially on things concerning MONEY. I for one would have loved the Cafe meeting to elect persons to draft a concept note and a consititution to guide this investment initiative and then share it on this forum before finalizing this process. I have never known that you can hire a person, even if voluntarily and ask them to develop their own TOR and off you retire home happy. It is a shame that members who participated in this exercise didn't see any problem with such an arrangement. Please, I AM NOT IN ANY WAY QUESTIONING THE INTEGRITY OF THE PEOPLE YOU ELECTED TO MANAGE AFFAIRS OF THE WNFIC, i think they are a formidable team. However there are so many loose ends to such a brilliant initiative, i hope our own highly knoweledgeable investment advisors gave you the whole picture and not just stopped at how to use your pool of money to make more money. For example, through a proper constitution (whatever you want to call it), you would know what to do with one's entitlement God forbid if one member of the WNFIC passes on. For now let me stop here, over to you WNF - Original Message From: westnilenet-requ...@kym.net westnilenet-requ...@kym.net To: westnilenet@kym.net Sent: Mon, 24 January,
Re: [WestNileNet] Birth of West Nile Foundation Investment Club
Good day all brothers and sisters. I must say the entire idea is a great come up,but if not understood,then horns might lock!If am not mistaken(on a serious note by the way)am sure am the youngest member of this mail forum.It so happens that when I was still in high school(read: St .Mary's College,Kisubi)I happen to have been on a committee that led an Investment club as Smack Real Investment club with small dealings within school,BUT,we were managed by the Capital Markets Authority that gave us the opening guidelines,constitution,brokerage support etcand at the end of my study there,we were awarded certificates of accreditation for what initiative we started and fully managed.The point am driving home here is that we need to seek prior guidance from the capital markets authority on the working of investment clubs in this country.All i know is that the guidelines for the schools investment clubs are different from those of the open country,so please take my quality information into consideration. I'll be so glad if all is done the right wayand believe me you,I'll be sure to join as soon as NOW!/Thank you so much. regards, Buni Christopher Saddam On 25/01/2011, alaka caleb calebal...@gmail.com wrote: Onzoma I think you are spot on. Let the committee be given the opportunity to handle its work after all we have technical people like Denis Aliga who can assist in developing the concept note. Lets not worry about the speed. After all every ones input will be sought on the net and no one is obliged to mandatory be a member of this Club. Though I would advise those who have ears to hear and those who have eyes to see that this is a revolution. So we either join or we don't On 1/25/11, Caleb Alaka calebal...@yahoo.com wrote: Aggrey, You and the likes of JohnAJackson have been so inspirational to most people not only on this net and the Foundation but also for your distinguished leadership roles at the different spheres of life. Thanks for this guidance. Indeed the WNFIC will be professionally managed. The Committee can draft the Terms of Reference, Members will have to debate the same and make additions and subtractions. A professional Fund manager regulated by the Regulatory Body which I think in this case is the Capital Markets Authority will be picked by members. We shall decide on what we want our funds to do of course in consultation with the Fund Manager and our Investment Advisors like our own Denis Aliga, Judy Obitre Gama and Geof Onegi Obel. Imagine if 400 members contribute 100,000/= say per month for two or three years, can we not begin a West Nile Bank of Commerce... The following members of the committee should get in touch either by phone or by mail with Richard Okuti Boroa the Chairperson for instructions for the first meeting of the committee. Chairman Okuti Richard 0772725252 Vice Chairman Adiga Jimmy 0772644364 Members (Legal) Akile Sunday Igu R 0712610948 Alemi Kenyi William 0772444772 Azabo Francis (Treasurer) 0772636498 Winnie Adukule (Deputy Legal) 0772485380 Abati Mickson 0772994815 Denis Aliga (Technical Advisor) 0758770530 Caleb Alaka (Ex-officio) 0772401987 --- On Tue, 1/25/11, aggrey adrale fetagrey2...@yahoo.co.uk wrote: From: aggrey adrale fetagrey2...@yahoo.co.uk Subject: Re: [WestNileNet] Birth of West Nile Foundation Investment Club To: A Virtual Network for friends of West Nile westnilenet@kym.net Date: Tuesday, January 25, 2011, 2:12 PM Distinguished Members of the West Nile Forum, My apologies that I could not attend the Science Cafe of 23/01/2011, I was for the burial of the Late Mzee Semi Oguda at Anyavu - Logiri. I'm grateful that a decision was taken to set up WNFIC and indeed asking them to draft their TOR is not way off. We all know that in most cases when candidates are being vetted for a job they are normally asked a prominent question, what new things do you think you will contribute to an organisation? In a way they are actually being asked to draft their TOR to see if it matches with the expectations of the hiring entity. Definitely we shall at an appropriate time review the TOR suggested by the WNFIC. Nonetheless we need the constitution and other instruments of good governance to stremline some of the important decisions we have taken. I think let's move on. Aggrey Adrale --- On Mon, 24/1/11, anguyo francis leni francisl...@yahoo.co.uk wrote: From: anguyo francis leni francisl...@yahoo.co.uk Subject: Re: [WestNileNet] Birth of West Nile Foundation Investment Club To: westnilenet@kym.net Date: Monday, 24 January, 2011, 9:50 Dear President Westnile Foundation, I applaud you and everyone who attended the Science Cafe upon this new initiative. However i am also concerned that you could reach such an important decision that fast by simply electing into office persons, asking them to develop their TORs, without putting in place the necessary constitution, especially
{Disarmed} Re: [WestNileNet] Condolences!
This is to convey my sincere condolences to the family of Late Modesto Ombiga upon his untimely death. May his soul rest in eternal peace. --- On Tue, 1/25/11, alex free freeal...@gmail.com wrote: From: alex free freeal...@gmail.com Subject: [WestNileNet] Condolences! To: A Virtual Network for friends of West Nile westnilenet@kym.net Date: Tuesday, January 25, 2011, 1:43 PM To the Family, relatives and friends, I would like to express my sincere condolences upon the loss of Modesto Ombiga! May his soul rest in eternal peace! It's not easy to say, be strong, have courage to one who has lost a dear one. For, death leaves a big hole which can never be refilled. Despite that I hope and pray that the bereaved family members and the immediate relatives will find some consolation through our words of support! God bless, Alex -- This message has been scanned for viruses and dangerous content by MailScanner, and is believed to be clean. -Inline Attachment Follows- ___ WestNileNet mailing list WestNileNet@kym.net http://orion.kym.net/mailman/listinfo/westnilenet WestNileNet is generously hosted by INFOCOM http://www.infocom.co.ug/ All Archives can be found at http://www.mail-archive.com/westnilenet@kym.net/ The above comments and data are owned by whoever posted them (including attachments if any). The List's Host is not responsible for them in any way. ___ -- This message has been scanned for viruses and dangerous content by MailScanner, and is believed to be clean. ___ WestNileNet mailing list WestNileNet@kym.net http://orion.kym.net/mailman/listinfo/westnilenet WestNileNet is generously hosted by INFOCOM http://www.infocom.co.ug/ All Archives can be found at http://www.mail-archive.com/westnilenet@kym.net/ The above comments and data are owned by whoever posted them (including attachments if any). The List's Host is not responsible for them in any way. ___
Re: [WestNileNet] New members
done On Jan 26, 2011, at 8:53 AM, Christine Munduru wrote: Dear Kiggs, please add these new members; Paul Drici, dricip...@gmail.com Andruga George Buga, georb...@gmail.com Thanks Christine ___ WestNileNet mailing list WestNileNet@kym.net http://orion.kym.net/mailman/listinfo/westnilenet WestNileNet is generously hosted by INFOCOM http://www.infocom.co.ug/ All Archives can be found at http://www.mail-archive.com/westnilenet@kym.net/ The above comments and data are owned by whoever posted them (including attachments if any). The List's Host is not responsible for them in any way. ___ -- This message has been scanned for viruses and dangerous content by MailScanner, and is believed to be clean. ___ WestNileNet mailing list WestNileNet@kym.net http://orion.kym.net/mailman/listinfo/westnilenet WestNileNet is generously hosted by INFOCOM http://www.infocom.co.ug/ All Archives can be found at http://www.mail-archive.com/westnilenet@kym.net/ The above comments and data are owned by whoever posted them (including attachments if any). The List's Host is not responsible for them in any way. ___
Re: [WestNileNet] Science Cafe Birth of West Nile Foundation Investment Club
Hi Christine, Thanks for the response. I appreciate the efforts being made by those who make time to contribute to the community. I do recognize the time it takes to edit recordings since I also try it sometimes at an amateur level. On the issue of a website for the Cafe, I guess with the hordes of options, the progress you are hinting on should be close to its end. All the best of success for the community. I also look forward to the directions (in my case, for public transport) to the Cafe in Naalya. I would love to attend it some day too, God willing. Maandera On Tue, Jan 25, 2011 at 8:32 AM, Christine Munduru cmund...@gmail.comwrote: Dear Mandera, Thanks for raising your concerns. Nobody had ever asked the direction to Naalya so we took it for granted that those who are interested know the place. Next time when Richard is advertising I think he will take this into account. As Richard has said we shall see how best to share the recordings but the biggest challenge now is lack of website for the science cafe which could make it easier for others to access these things but slowly we are making progress. Also appreciate the fact that these are voluntary ventures for which one has to spare time out of jobs, so it can be a challenge at times in wanting to do these things. Just like many people are not able to attend due to their busy schedules, the same happens to the organizers too because they have to work to put food on their plate while taking time to give back to community. But good concerns raised. Christine On Tue, Jan 25, 2011 at 8:40 AM, Maandera ibmaand...@gmail.com wrote: Hi All, I have browsed the ideas shared on this net on the Investment Club. Since I am among those who missed the Science Cafe presentation, I have two requests to make. I suppose the first one is part of the report. All the same let me pre-empt it. 1. *About the quarterly payment*: Does it go on forever or is there a time period e.g 2 years, etc when one pays this 100,000/= quarterly? What happens when one defaults payment in one or two quarters? 2. *About the venue for the Science Cafe* -- if it does not infringe on the privacy and security of our hosting brother, may I request that a how-to-get-there direction is posted for those who are not familiar with K'la or Naalya for that matter? I might not be the only one in Jerusalem who does not know the place. It would be nice if you could kindly provide options for those of us who use public means, including boda-bodas and those who use their own vehicles. I must appreciate the fact that this time members have some video recording of the presentation. I remember requesting this towards the beginning of these Cafe presentations. No one even commended on it. I still think for documentation purposes, recording these events are useful. Thanks for all your efforts. Maandera On Mon, Jan 24, 2011 at 9:40 PM, Caleb Alaka calebal...@yahoo.comwrote: --- On *Mon, 1/24/11, Caleb Alaka calebal...@yahoo.com* wrote: From: Caleb Alaka calebal...@yahoo.com Subject: Birth of West Nile Foundation Investment Club To: A Virtual Network for friends of West Nile westnilenet@kym.net Date: Monday, January 24, 2011, 5:49 AM Ladies and Gentlemen, As you are absolutely aware, one of our objectives as stated in our memorandum and articles of association is to venture into a collective investment scheme. The same is also reflected in our strategic Plan. Good news, Yesterday, during the science cafe under the tutelage of our able sister Christine Munduru, Our own investment expert Denis Aliga together with our ebullient elder Geoffrey Onegi Obel who is the God father of Capital Markets in Uganda made a breath taking presentation on collective investment schemes. Members then resolved to move forward and as a result the Committee on the WNFIC was formed. The members of the committee are the following: 1. Chairperson Richard Okuti Borao 2. Vice Chairperson Adiga Jimmy 3. members Alemi Kenyi William, Akille Igu Rocks, Adukule Winnie, Azabo Francis, Abati Nickson. Azabo Francis is the treasurer, meanwhile Denis Aliga is the Investment advisor and Caleb Alaka is an ex-officio by virtue of his position as the President. Members also agreed that the committee formulates its TOR, and members are urged to contribute a minimum of 100,000 per each three months to the scheme, the funds will be managed by a fund manager registered and approved by the capital markets authority. -- This message has been scanned for viruses and dangerous content by *MailScanner* http://www.mailscanner.info/, and is believed to be clean. ___ WestNileNet mailing list WestNileNet@kym.net http://orion.kym.net/mailman/listinfo/westnilenet WestNileNet is generously hosted by INFOCOM http://www.infocom.co.ug/ All Archives can be found at http://www.mail-archive.com/westnilenet@kym.net/
Re: [WestNileNet] Death Announcement
For Mr. Ombiga and all our brothers and sisters gone before us, particularly those through the accidents, my condolences. May the all merciful God rest their souls in Eternal Peace. Maandera On Tue, Jan 25, 2011 at 6:39 PM, Achile Fendru fend...@gmail.com wrote: Sincere Condolences On Tue, Jan 25, 2011 at 10:38 AM, mary duku tha...@hotmail.com wrote: *Ineeded it is a great sorrow . I just spoke to Mary Ombiga. She needs everyone's Prayers. She said, she has not only lost a husband. She has lost her best friend. * *May God rest his sould in * Peace. Apai Mary -- Date: Tue, 25 Jan 2011 02:13:52 -0500 From: cdm...@gmail.com To: westnilenet@kym.net Subject: [WestNileNet] Death Announcement Dear Westnilenetters: It is with great sorrow that we announce the untimely death of Mr. Johnson Modesto Ombiga, a Westnilenet member, an elder in the West Nile and Ugandan Community in Ottawa and Canada at large. Mr. Ombiga passed away on Monday, January 24, 2011 after a brief illness. The late Mr. Ombiga hails from Nyamudi Village in LUDARA PARISH, KOBOKO DISTRICT. Please pass on the message to the many relatives and friends of the late Mr. Ombiga within Uganda. Westnilenetters in North America who wish to pass their condolences may call the family at 613-220-1327 (Cell -- Mrs Mary Ombiga), 613 - 421-4928 (home). May his sould rest in eternal peace! Charles Male Ottawa -- This message has been scanned for viruses and dangerous content by *MailScanner* http://www.mailscanner.info/, and is believed to be clean. ___ WestNileNet mailing list WestNileNet@kym.net http://orion.kym.net/mailman/listinfo/westnilenetWestNileNet is generously hosted by INFOCOM http://www.infocom.co.ug/ All Archives can be found at http://www.mail-archive.com/westnilenet@kym.net/ The above comments and data are owned by whoever posted them (including attachments if any). The List's Host is not responsible for them in any way. ___ -- This message has been scanned for viruses and dangerous content by *MailScanner* http://www.mailscanner.info/, and is believed to be clean. ___ WestNileNet mailing list WestNileNet@kym.net http://orion.kym.net/mailman/listinfo/westnilenet WestNileNet is generously hosted by INFOCOM http://www.infocom.co.ug/ All Archives can be found at http://www.mail-archive.com/westnilenet@kym.net/ The above comments and data are owned by whoever posted them (including attachments if any). The List's Host is not responsible for them in any way. ___ -- This message has been scanned for viruses and dangerous content by *MailScanner* http://www.mailscanner.info/, and is believed to be clean. ___ WestNileNet mailing list WestNileNet@kym.net http://orion.kym.net/mailman/listinfo/westnilenet WestNileNet is generously hosted by INFOCOM http://www.infocom.co.ug/ All Archives can be found at http://www.mail-archive.com/westnilenet@kym.net/ The above comments and data are owned by whoever posted them (including attachments if any). The List's Host is not responsible for them in any way. ___ -- This message has been scanned for viruses and dangerous content by MailScanner, and is believed to be clean. ___ WestNileNet mailing list WestNileNet@kym.net http://orion.kym.net/mailman/listinfo/westnilenet WestNileNet is generously hosted by INFOCOM http://www.infocom.co.ug/ All Archives can be found at http://www.mail-archive.com/westnilenet@kym.net/ The above comments and data are owned by whoever posted them (including attachments if any). The List's Host is not responsible for them in any way. ___
{Disarmed} Re: [WestNileNet] Science Cafe Birth of West Nile Foundation Investment Club
Hi Caleb, Thanks for the information. I'll wait for the report from the Committee. However, in view of the fact that we keep on getting new members to the net every now and then, it might be good if you could clarify the difference, if any, between this (Investment Club pay) and the earlier issue of membership fee for the WNN. I suppose the two are different and go to different accounts, right? Maandera On Tue, Jan 25, 2011 at 11:31 AM, Caleb Alaka calebal...@yahoo.com wrote: Dear Maandera, The suggestion for 100,000 quarterly was just muted but not yet adopted. Some Members suggested that it should be 100,000/= per month say for two or three years. The fund will have an investment manager who will be an investment advisor. The committee is seating tomorrow to fine tune, its TOR which will be discussed and approved by the Forum. --- On *Tue, 1/25/11, Maandera ibmaand...@gmail.com* wrote: From: Maandera ibmaand...@gmail.com Subject: Re: [WestNileNet] Science Cafe Birth of West Nile Foundation Investment Club To: A Virtual Network for friends of West Nile westnilenet@kym.net Date: Tuesday, January 25, 2011, 5:40 AM Hi All, I have browsed the ideas shared on this net on the Investment Club. Since I am among those who missed the Science Cafe presentation, I have two requests to make. I suppose the first one is part of the report. All the same let me pre-empt it. 1. *About the quarterly payment*: Does it go on forever or is there a time period e.g 2 years, etc when one pays this 100,000/= quarterly? What happens when one defaults payment in one or two quarters? 2. *About the venue for the Science Cafe* -- if it does not infringe on the privacy and security of our hosting brother, may I request that a how-to-get-there direction is posted for those who are not familiar with K'la or Naalya for that matter? I might not be the only one in Jerusalem who does not know the place. It would be nice if you could kindly provide options for those of us who use public means, including boda-bodas and those who use their own vehicles. I must appreciate the fact that this time members have some video recording of the presentation. I remember requesting this towards the beginning of these Cafe presentations. No one even commended on it. I still think for documentation purposes, recording these events are useful. Thanks for all your efforts. Maandera On Mon, Jan 24, 2011 at 9:40 PM, Caleb Alaka calebal...@yahoo.comhttp://mc/compose?to=calebal...@yahoo.com wrote: --- On *Mon, 1/24/11, Caleb Alaka calebal...@yahoo.comhttp://mc/compose?to=calebal...@yahoo.com * wrote: From: Caleb Alaka calebal...@yahoo.comhttp://mc/compose?to=calebal...@yahoo.com Subject: Birth of West Nile Foundation Investment Club To: A Virtual Network for friends of West Nile westnilenet@kym.nethttp://mc/compose?to=westnilenet@kym.net Date: Monday, January 24, 2011, 5:49 AM Ladies and Gentlemen, As you are absolutely aware, one of our objectives as stated in our memorandum and articles of association is to venture into a collective investment scheme. The same is also reflected in our strategic Plan. Good news, Yesterday, during the science cafe under the tutelage of our able sister Christine Munduru, Our own investment expert Denis Aliga together with our ebullient elder Geoffrey Onegi Obel who is the God father of Capital Markets in Uganda made a breath taking presentation on collective investment schemes. Members then resolved to move forward and as a result the Committee on the WNFIC was formed. The members of the committee are the following: 1. Chairperson Richard Okuti Borao 2. Vice Chairperson Adiga Jimmy 3. members Alemi Kenyi William, Akille Igu Rocks, Adukule Winnie, Azabo Francis, Abati Nickson. Azabo Francis is the treasurer, meanwhile Denis Aliga is the Investment advisor and Caleb Alaka is an ex-officio by virtue of his position as the President. Members also agreed that the committee formulates its TOR, and members are urged to contribute a minimum of 100,000 per each three months to the scheme, the funds will be managed by a fund manager registered and approved by the capital markets authority. -- This message has been scanned for viruses and dangerous content by *MailScanner* http://www.mailscanner.info/, and is believed to be clean. ___ WestNileNet mailing list WestNileNet@kym.net http://mc/compose?to=WestNileNet@kym.net http://orion.kym.net/mailman/listinfo/westnilenet WestNileNet is generously hosted by INFOCOM http://www.infocom.co.ug/ All Archives can be found at http://www.mail-archive.com/westnilenet@kym.net/ The above comments and data are owned by whoever posted them (including attachments if any). The List's Host is not responsible for them in any way. ___ -- This message has been scanned for viruses and dangerous
