Tendo Kaluma
Which takes me back to where we are coming from, there was a thing sold by
Mengo called Emigabo, how well did that do? They started a bank as well
called Tteefe Bank how well did that do? You see it is such small
investments that build the trust of people to make larger and more risky
investments. People love to put money where it is safe or where it has a
reasonable risk, people fear putting their money where it will simply
perish. Because North American banks have become very greedy you will be
surprised at how many people now invest their money into Arab countries. Get
a time and follow how much money you will make if you invest into an Iranian
or Oman bank it is very appealing sir. But it is appealing for the interest
you get is very high but also your money is guaranteed. Tendo I got a bill
from a bank for I deposited 200 dollars in an account of a kid here. I just
walked into a bank and opened up an account for my kid with a deposit of 200
dollars, and I forgot the account for it was not mine. The bank kept on
chipping it with service fees and it ran out and stared to run into a
negative account. They actually wrote a letter demanding for the funds to be
remitted into the account for it had ran out. If I had put my money into
Oman that would have never happened. Do I really want to put a share into
Mukwano industries a company that might be looted out at the fall of
Museveni? On record KASULEX Moses has planed the future of his children and
wives to survive on the money he will loot from the new Mall built in
Kampala at the fall of Museveni, so as soon as Museveni falls, KASULEX will
walk into the new mall to collect the future of his family.
It is that complex and good morning my dear friend.
EM
On the 49th Parallel
Thé Mulindwas Communication Group
"With Yoweri Museveni and Dr. Kiiza Besigye Uganda is in anarchy"
Kuungana Mulindwa Mawasiliano Kikundi
"Pamoja na Yoweri Museveni na Dk. Kiiza Besigye Uganda ni katika machafuko"
From: [email protected]
[mailto:[email protected]] On Behalf Of Tendo Kaluma
Sent: Wednesday, February 19, 2014 3:17 AM
To: ugandans at heart
Cc: G_NET; uganda mulindwa; Oryema Johnson
Subject: Re: {UAH} Ugandans can Invest in their Town/Municipal and Cities
Folks I want my bonds from places like Karamoja and Bunyoro where Gold and
black gold are flowing like sweet honey in the wrong palms.If we involve
some outside investors and indeed get advice from a reputable financial
company - we'd find ways of recovering - there are international laws that
govern and protect such investments! Look we already have a vibrant Ugandan
stock exchange, last I checked stock market on the EA front was also in the
works, the kenyans had more investors more than Ugandans a few years
ago.Whether the one in Kampala is still operations someone on this forum
should advice us. Are we now with a commodities exchange dealing with pork
bellies or not? For such a farming country these would have been the talking
points of an integration agenda being touted in the news lately. This is how
it works, a well intentioned fellow like Herrn Mulindwa working as a chief
in any Ugandan municipality in the current government includes the Mutebiles
of this world and figures out a way of floating these bonds -they can sell
these binding instruments with a maturity of 10, 12 or 30 years and an
interest of 10 ~50 percent yield. I don't recall the formula for figuring
out the interest on bonds, but one can pretty much see that for a $1000
invested say with a 12 percent yield they could double their money using the
72 rule ~ goes like this 72 divide the interest of 12 percent 72/12 = 6
years - these bonds a much safer investments and less riskier investments in
the USA . I pirated this from the sight how things works.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Municipal bonds are issued by state and local governments -- also called
municipalities -- to raise money for public works projects like the
construction and maintenance of bridges, hospitals, schools and water
treatment facilities. A bond issuer (the municipality) sells the bond to the
bond holder (the investor). The bond holder lends the issuer a fixed amount
of money for a certain amount of time in exchange for regularly scheduled
interest payments.
Municipal bonds are one of the safest long-term investments. Because they're
so secure, they usually carry interest rates
<http://money.howstuffworks.com/interest-rate.htm> that average a
percentage point or two below the going rate for Treasury bills. But in
early 2008, something happened that's only occurred in the U.S. twice since
1990 -- the interest rate for municipal bonds crept higher than for Treasury
bills [source: Waggoner
<http://www.usatoday.com/money/perfi/bonds/2008-01-20-muni-bonds_N.htm> ].
http://money.howstuffworks.com/personal-finance/financial-planning/municipal
-bond.htm
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
I can see some rich Mulars right here on this forum - folks like Nyar,
Allani, Akim, etal. Who is ready to bite?
I marvel at the way we teach our kids, do we even have one mutual fund
company in Uganda? Over!
Tendo
On Wed, Feb 19, 2014 at 2:26 AM, Herrn Edward Mulindwa <[email protected]>
wrote:
For Gods sakes how will Federalism clean up UNAA? Man I am getting really
bored with this antidote to a point that I am about to be done with it .
Geeeez
EM
On the 49th Parallel
Thé Mulindwas Communication Group
"With Yoweri Museveni and Dr. Kiiza Besigye Uganda is in anarchy"
Kuungana Mulindwa Mawasiliano Kikundi
"Pamoja na Yoweri Museveni na Dk. Kiiza Besigye Uganda ni katika machafuko"
From: [email protected]
[mailto:[email protected]] On Behalf Of akim odong
Sent: Wednesday, February 19, 2014 1:31 AM
To: [email protected]
Subject: Re: {UAH} Ugandans can Invest in their Town/Municipal and Cities
EM:
What Tendo has written here is nothing new, The Jews did it during the Nyom
Kipur war, the Indians did it in the forties and the sixties and the
Eriteans did in the noughties and the 2000 to raise war fund. This they
called diaspora fund.
Tendo is clearly ignorant in that, he does not know what sort of climate
such delicate financial instruments operate. It does not operate under the
thieving system we have, where even legitimate pension can be denied or
stolen, records disappear etc.
EM the fact that we have water in Uganda does not mean that we can farm ant
time of fish. Uganda should stick to breeding the fatty mputta and Ngegge.
They should not talk of salmon the sort that has fattened you in the
northern hemisphere.
I insist, we need a good foundation and that is federalism first and
foremost.
Akim
On Tue, Feb 18, 2014 at 11:30 AM, Herrn Edward Mulindwa <[email protected]>
wrote:
Ugandans
Akim Odong is in sleep and very confusing man. Federalism is not a solution
to Ugandas problem when you go through my dear friend Tendo Kalumas
writing about investing into cities, yes we know all these options are out
there, my God we can even twin cities. If you twin a city like Kampala and
Toronto they can get a whole whack of things from this city, but Tendo has
sentence he wrote and I will direct quote it here word for word. One thing
I know for sure, you can't fleece them - they will come after you - with the
entire weight of the international community! End quote. That is the part
we have not established in Uganda, the ability to go after the people that
fleece. Do you know how many Baganda out here that have got really rich for
theyre soliciting money for the Kingdom? Do you know how many that have
become rich for they are soliciting money for Uganda orphans? Are Ugandans
in diaspora doing all this for they live in unitary governments? No they do
so for they are thieves. Even if you bring Bill Clinton to lead Uganda
Ugandans will remain thieves and killers.
Way back in the early 80s I talked to a good friend in the city of Toronto
and I only asked him for the traffic signs they do not need, for they become
very many and we use the very same signs in Uganda. It is a stop sign or a
one way sign or a road divided sign. I also asked him for street names
because some of them match but we can use the sign to paint on new names. We
got them and packed a 40 foot container and sent it to Kampala city. Do you
know why those signs never showed up on Kampala streets? Ugandans stole most
of the wood they were nailed on to use as firewood, but they stole the pipes
on the ones that were on pipes to sell off the pipes. By the time I arrived
in Kampala there was just a few naked signs left for the ones that were not
mounted were also stolen God knows for what purpose. This project had
absolutely no cost to Kampala city and all the had was to pile them up on
small trucks dig a hole in the ground and we have a stop sign. Did the
unitary system steal them? No Ugandans did and even if you make Uganda a
federals state those very same Ugandans will steal them. Because I already
had made an arrangement to get these things out of the city here, I sent the
rest of them to Guatemala.
Let Uganda rot in hell man.
EM
On the 49th Parallel
Thé Mulindwas Communication Group
"With Yoweri Museveni and Dr. Kiiza Besigye Uganda is in anarchy"
Kuungana Mulindwa Mawasiliano Kikundi
"Pamoja na Yoweri Museveni na Dk. Kiiza Besigye Uganda ni katika machafuko"
From: [email protected]
[mailto:[email protected]] On Behalf Of Dan Bwanika
Sent: Tuesday, February 18, 2014 4:03 AM
To: [email protected]
Subject: Re: {UAH} Ugandans can Invest in their Town/Municipal and Cities
Mwami Akim
You are very interesting indeed and agreed. Let me hasten to add that our
(Buganda) stadium is not Nakivubo. We have Wankulukuku Buganda National
Stadium after Ssembule - this goes to Mulindwa for a comment!
Bwanika
On Tue, Feb 18, 2014 at 9:32 AM, akim odong <[email protected]> wrote:
Dan Bwanika sebo;
One thing at a time. Federalism is the foundation upon which your dream
stadium will be built and in it's where we will have interstate, interclan
games etc. But first, we must build the foundation. Ideas never run out and
so development is never unending process, but get the foundation in place
first!
Akim
On Tue, Feb 18, 2014 at 3:00 AM, Dan Bwanika <[email protected]> wrote:
AKIM
One time I fronted the same idea, and a scholar told me, I never wanted
people as far as Koboko to visit Kampala. I could not understand this
reasoning - but you see at times you do not blame people for what they say.
Nothing stops Torontoians visiting London or New York.
As soon as the regions get their federation the next big thing will be to
ask what next? Where are the jobs? Uganda everywhere is in a total mess.
Just visit Mbarara town to get a real picture. Jinja has fallen apart simply
because they can't raise the money to develop.
There are new concepts in Urban planning, green technology. Planning cities
should follow a biology point of view instead of mere engineering and
design.
It is up to municipal, town and city councils to come up with designs that
meet the needs of the contemporary world. We should not allow KCC type of
planning - it generates corruption. But rather we could for instance allow
very strong technical town, municipal and city councils. They design and
plan - and allow the citizen to invest if they can.
Can't Ugandans invest in Nakivubo stadium instead of turning into a car and
mivumba park?
Bwanika
On Monday, February 17, 2014 6:24:48 PM UTC+1, akim odong wrote:
Chaka;
You're right. Dan Bwanika seem very comfortable with the current regime. Let
him go and build those stadium. Some of us want to see a legitimate gov't ,
rule of law, freedom of speech and right of the common man, than mere
concrete, brick and mortar!
Akim
On Mon, Feb 17, 2014 at 3:21 PM, chaka Jay <[email protected]> wrote:
Bwanika:
Are you serious? You don't need rich person to develop Town/urban centers.
WHAT YOU NEED IS "RULE OF LAW". Let me give you an example. I live in a
community here in (USA), I own my house, I paid for it but if I want to add
extension to my house, I need a permission from the community board.
Just look at Uganda, houses are build close to roads, sewage lines, etc.
Look at all those so called modern houses build on Entebbe road, can you get
to those houses without wondering where in the world are the roads. The
point I am making is that Uganda has all it needs to develop BUT it will
never develop like in Europe or USA if the rule of law applies to all.
-Chaka
On Monday, February 17, 2014 1:42 AM, Dan Bwanika <[email protected]> wrote:
Forumists,
I am toying around with a new urban development concept. Funding of Urban
developments. Can't rich Ugandans invest in Urban developments like housing
estates, sports stadiums, car parks, recreational centers whic are well
organised as it is in Europe or the U.S.A?
The Town/Municipal and City councils gazette and produce Town/Municipal and
City structure plans and their after call on Ugandans to invest in estates,
commercial center.
I believe such calls for residents to fund such projects as their own future
investment will make urban regions more productive, pro people and are not
prune to American urban decay. Of course this calls for legislating how much
such investment can raise the cost of living in Town/Municipal and Cities.
Let urban centers like Mbarara, Jinja, Hoima,
Ndejje(University Town), Kabale (University Town), Mukono (Univeristy Town)
be planned as such instead of the slums which are developing around these
very important towns.
--
_____________________________
Bwanika Nakyesawa Luwero
--
_____________________________
Bwanika Nakyesawa Luwero
_____
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--
"To ask a dictator to implement democratic measures after 30 years in power
is an oxymoron"
_____
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