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.
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