Bright Rwamirama
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Bright Rwamirama
Bright Kanyontore Rwamirama is a Ugandan politician and retired army officer. He is the minister for animal industry in the Ugandan cabinet. He was appointed to that position on 1 June 2006. In the cabinet reshuffle of 16 February 2009, that of 27 May 2011, and that of 1 March 2015, he retained his cabinet post. He also serves as the elected Member of Parliament representing "Isingiro County North", Isingiro District. He has served in that capacity continuously since 2001. and he won Posiono Mugyenyi in 2021 general election. Background and education Rwamirama was born in Isingiro District on 16 December 1954. Bright Rwamirama attended Omungyenyi Primary School for his elementary education, Mbarara High School for his O-Level education and Kololo High School for his A-Level studies. He holds the degrees of Bachelor of Business Administration (1996) and Master of Business Administration (2004), from Makerere University. His Certificate in Management was awarded in 1993, also b ...
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Uganda
}), is a landlocked country in East Africa East Africa, Eastern Africa, or East of Africa, is the eastern subregion of the African continent. In the United Nations Statistics Division scheme of geographic regions, 10-11-(16*) territories make up Eastern Africa: Due to the historical .... The country is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the south-west by Rwanda, and to the south by Tanzania. The southern part of the country includes a substantial portion of Lake Victoria, shared with Kenya and Tanzania. Uganda is in the African Great Lakes region. Uganda also lies within the Nile, Nile basin and has a varied but generally a modified equatorial climate. It has a population of around 49 million, of which 8.5 million live in the Capital city, capital and largest city of Kampala. Uganda is named after the Buganda kingdom, which encompasses a large portion of the south of the country, includi ...
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Parliament Of Uganda
The parliament of Uganda is the country's legislative body. Unicameral, the most significant of the Ugandan parliament's functions is to pass laws that will provide good governance in the country. The government ministers are bound to answer to the people's representatives on the floor of the house. Through the various parliamentary committees, parliament scrutinises government programmes, particularly as outlined in the ''State of the Nation'' address by the president. The fiscal issues of the government, such as taxation and loans need the sanction of the parliament, after appropriate debate. Composition The Parliament has a total of 529 seats, including 353 representatives elected using first-past-the-post voting in single winner constituencies. Using the same method, 146 seats reserved for women are filled, with one seat per district. Finally, 30 seats are indirectly filled via special electoral colleges: 10 by the army, 5 by youths, 5 by elders, 5 by unions, and 5 by peopl ...
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National Resistance Movement
The National Resistance Movement ( sw, Harakati za Upinzani za Kitaifa; abbr. NRM) has been the ruling party in Uganda since 1986. History The National Resistance Movement (NRM) was founded as a liberation movement that waged a guerrilla war through its rebel wing National Resistance Army (NRA) that toppled the government in 1986. According to the National Resistance Movement, it restored political stability, security, law and order, constitutionalism and the rule of law to Uganda. Leadership The party's leader, Yoweri Museveni was involved in the war that deposed Idi Amin, ending his rule in 1979, and in the rebellion that subsequently led to the demise of the Milton Obote regime in 1985; however, parallels have been drawn between the NRM and its predecessors. For instance, the NRM-sponsored Public Order Management Bill is strikingly similar to the 1967 Public Order and Security Act, codified by the Obote regime, in that both bills "seek to gag dissenting views." Museve ...
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Lieutenant Colonel
Lieutenant colonel ( , ) is a rank of commissioned officers in the armies, most marine forces and some air forces of the world, above a major and below a colonel. Several police forces in the United States use the rank of lieutenant colonel. The rank of lieutenant colonel is often shortened to simply "colonel" in conversation and in unofficial correspondence. Sometimes, the term 'half-colonel' is used in casual conversation in the British Army. In the United States Air Force, the term 'light bird' or 'light bird colonel' (as opposed to a 'full bird colonel') is an acceptable casual reference to the rank but is never used directly towards the rank holder. A lieutenant colonel is typically in charge of a battalion or regiment in the army. The following articles deal with the rank of lieutenant colonel: * Lieutenant-colonel (Canada) * Lieutenant colonel (Eastern Europe) * Lieutenant colonel (Turkey) * Lieutenant colonel (Sri Lanka) * Lieutenant colonel (United Kingdom) * L ...
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Uganda People's Defence Force
The Uganda People's Defence Force (UPDF), previously known as the National Resistance Army, is the armed forces of Uganda. From 2007 to 2011, the International Institute for Strategic Studies estimated the UPDF had a total strength of 40,000–45,000 and consisted of land forces and an air wing. Recruitment to the forces is done annually. After Uganda achieved independence in October 1962, British officers retained most high-level military commands. Ugandans in the rank and file claimed this policy blocked promotions and kept their salaries disproportionately low. These complaints eventually destabilized the armed forces, already weakened by ethnic divisions. Each post-independence regime expanded the size of the army, usually by recruiting from among people of one region or ethnic group, and each government employed military force to subdue political unrest. History The origins of the Ugandan armed forces can be traced to 1902, when the Uganda Battalion of the King's African R ...
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Finance
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ...
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Milton Obote
Apollo Milton Obote (28 December 1925 – 10 October 2005) was a Ugandan political leader who led Uganda to independence from British colonial rule in 1962. Following the nation's independence, he served as prime minister of Uganda from 1962 to 1966 and the second president of Uganda from 1966 to 1971, then again from 1980 to 1985. He founded the Uganda People's Congress (UPC) in 1960, which played a key role in securing Uganda's independence from the United Kingdom in 1962. He then became the country's prime minister in a coalition with the Kabaka Yekka movement/party, whose leader King Mutesa II was named president. Due to a rift with Mutesa over the 1964 Ugandan lost counties referendum and later getting implicated in a gold smuggling scandal, Obote overthrew him in 1966 and declared himself president, establishing a dictatorial regime with the UPC as the only official party. Obote implemented ostensibly socialist policies, under which the country suffered from severe co ...
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Uganda Bush War
The Ugandan Bush War, also known as the Luwero War, the Ugandan Civil War or the Resistance War, was a civil war fought in Uganda by the official Ugandan government and its armed wing, the Uganda National Liberation Army (UNLA), against a number of rebel groups, most importantly the National Resistance Army (NRA), from 1980 to 1986. The unpopular President Milton Obote was overthrown in a coup d'état in 1971 by General Idi Amin, who established a military dictatorship. Amin was overthrown in 1979 following the Uganda-Tanzania War, but his loyalists started the Bush War by launching an insurgency in the West Nile region in 1980. Subsequent elections saw Obote return to power in a UNLA-ruled government. Several opposition groups claimed the elections were rigged, and united as the NRA under the leadership of Yoweri Museveni to start an armed uprising against Obote's government on 6 February 1981. Obote was overthrown and replaced as president by his general Tito Okello in 1985 ...
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National Resistance Army
The National Resistance Army (NRA), the military wing of the National Resistance Movement (NRM), was a rebel army that waged a guerrilla war, commonly referred to as the Ugandan Bush War or Luwero War, against the government of Milton Obote, and later that of Tito Okello. NRA was supported by Muammar Gaddafi. NRA was formed in 1981 when Yoweri Museveni's Popular Resistance Army (PRA) merged with ex-president Yusuf Lule's group, the Uganda Freedom Fighters (UFF). Museveni, then leader of the Uganda Patriotic Movement party, alleged electoral fraud and declared an armed rebellion, following the victory of Uganda Peoples Congress in the bitterly disputed 1980 general election."A Country Study: The Second Obote Regime: 1981–85"
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Stanbic Bank (Uganda) Limited
Stanbic Bank Uganda Limited (SBU) is a commercial bank in Uganda and is licensed by the Bank of Uganda, the national banking regulator. Overview SBU is the largest commercial bank in the country, by assets. As of 31 December 2021, the bank's total assets were valued at USh8.713 trillion (US$2.452 billion). At that time shareholders' equity was valued at USh1.483 trillion (US$417.5 million). In June 2018, Fitch Rating Agency gave Stanbic Bank Uganda a AAA rating with a Stable outlook. Group SBU is listed on the Uganda Securities Exchange (USE), where it trades under the symbol SBU. It offers a range of banking products including Internet banking, mobile money, SME lending, and debit and credit cards, among other products. SBU is a subsidiary of Stanbic Africa Holdings Limited, which is in turn owned by Standard Bank Group Limited. History The bank was founded in Uganda as the National Bank of India in 1906. After several name changes, it became Grindlays Bank. In 1991, Standa ...
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Uganda Commercial Bank
Uganda Commercial Bank Ltd (UCB/UCBL) was a Ugandan government-owned bank, and the largest financial institution in the country. In 2001 the bank was privatised and merged into Stanbic Bank (Uganda) Limited. History Uganda Commercial Bank (UCB) was established by an Act of Parliament, "The Uganda Commercial Bank Act, 1965". The new bank was to replace the Uganda Credit and Savings Bank. The bank extended banking services to rural areas, and steadily expanded its branch network throughout the 1960s and 1970s. In 1971/72, following the nationalisation of foreign-owned businesses by the government of Idi Amin, the bank's branch network expanded rapidly when it took over most of the branches of foreign-owned banks - leaving Uganda Commercial Bank with nearly a monopoly in banking markets outside Kampala. The fall of Amin's government in 1979 brought a revival of foreign development assistance to Uganda, some of which was channelled through Uganda Commercial Bank, leading to an incre ...
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Banker
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a Bank regulation, high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concept ...
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