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Nakivubo Pronouncement
The Nakivubo Pronouncement (or Pronouncements, often shortened to NP) was a commitment issued by Milton Obote, of the ruling party of Uganda, the Uganda Peoples Congress, in 1970. It outlined the increased nationalisation of major industries as part of the move towards socialism described by the Common Man's Charter of 1969 (the "Move to the Left"). It was ultimately a failure insofar as it did not achieve the socialist ideal it was supposed to portray. Outline On 1 May 1970, Obote issued the pronouncement, proclaiming that, with immediate effect, the government was to take control of 60% (up from at most 51%) of over 80 corporations in Uganda; they would now be run by state corporations, trade unions, municipal councils, and cooperative unions. The list included all banks, insurance companies, manufacturing and mining industries, plantations, oil companies, and transport undertakings in Uganda. The pronouncement added that a government monopoly would be enforced in Uganda's import ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uganda Peoples Congress
The Uganda People's Congress (UPC; sw, Congress ya Watu wa Uganda) is a political party in Uganda. UPC was founded in 1960 by Milton Obote, who led the country to independence and later served two presidential terms under the party's banner. Obote was still party leader when he died in October 2005, although he had previously announced his intention to step down. The party won nine out of 289 elected seats in the 2006 general election. In the presidential election of the same date, UPC candidate Miria Obote won 0.8 percent of the vote. On 14 May 2010, the party elected Olara Otunnu, a former United Nations undersecretary-general for children and armed conflict, to lead the party. He replaced Obote's widow Miria. Background The UPC dominated Ugandan politics from independence until 1971, when Milton Obote was overthrown by Idi Amin. The party returned to power under Obote in 1980 until he was overthrown again in 1985 by Tito Okello. The history of the UPC is intertwined ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nationalisation
Nationalization (nationalisation in British English) is the process of transforming privately-owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to private assets or to assets owned by lower levels of government (such as municipalities) being transferred to the state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization. Industries often subject to nationalization include the commanding heights of the economy – telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water – though, in many jurisdictions, many such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former owners. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Common Man's Charter
The Common Man's Charter was a document submitted to the Ugandan People's Congress by Ugandan President Milton Obote, forming a part of the country's so-called "Move to the Left". In it, Obote asserted several key principles of his vision for Uganda, including a commitment to democracy. It built on agreements from the June 1968 conference, and was signed into law on 24 October 1969 in an emergency meeting in Kampala Kampala (, ) is the capital and largest city of Uganda. The city proper has a population of 1,680,000 and is divided into the five political divisions of Kampala Central Division, Kawempe Division, Makindye Division, Nakawa Division, and Ruba .... It was subtitled "First Steps for Uganda to Move to the Left". References Political history of Uganda 1969 documents {{Africa-poli-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Move To The Left
The Move to the Left was a policy direction undertaken in Uganda, most notably under President Milton Obote in the period 1968–1971. Despite nominally being a move towards socialism, it also had strong nationalist overtones. Beginnings According to Akena Adoko, former head of the General Service Unit in Uganda, it took time for socialism to be established in Uganda because of the political realities of the time: Between 1966 and 1969, however, little of a socialist bent was announced. Selwyn Ryan attributes this to Obote's political instability, suggesting that Obote "did not at first consider himself sufficiently strong politically to embark upon radical economic policies." Yash Tandon observed that "Obote has not until recently 970been free from the problems of maintaining the basic unity of the country.. ewas always inclined towards a socialist path for Uganda, but for reasons of state and politics played this down between 1962 and 1968. The second Five Year Plan (roug ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Multinational Corporation
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including '' Forbes Global 2000'' companies. History Colonialism Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shell (company)
A shell corporation is a company or corporation that exists only on paper and has no office and no employees, but may have a bank account or may hold passive investments or be the registered owner of assets, such as intellectual property, or ships. Shell companies may be registered to the address of a company that provides a service setting up shell companies, and which may act as the agent for receipt of legal correspondence (such as an accountant or lawyer). The company may serve as a vehicle for business transactions without itself having any significant assets or operations. Shell companies are used regularly for tax evasion, tax avoidance, money laundering, or to achieve a specific goal such as anonymity. Anonymity may be sought to shield personal assets from others, such as a spouse when a marriage is breaking down, from creditors, or from government authorities. Shell companies can have legitimate business purposes. They may, for example, act as trustee for a trust, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barclays Bank
Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces its origins to the goldsmith banking business established in the City of London in 1690. James Barclay became a partner in the business in 1736. In 1896, twelve banks in London and the English provinces, including Goslings Bank, Backhouse's Bank and Gurney's Bank, Gurney, Peckover and Company, united as a joint-stock company, joint-stock bank under the name Barclays and Co. Over the following decades, Barclays expanded to become a nationwide bank. In 1967, Barclays deployed the world's first Automated teller machine, cash dispenser. Barclays has made numerous corporate acquisitions, including of London, Provincial and South Western Bank in 1918, British Linen Bank in 1919, Mercantile Credit in 1975, the Woolwich in 2000 and the North Americ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frederick Seebohm
Frederick may refer to: People * Frederick (given name), the name Nobility Anhalt-Harzgerode *Frederick, Prince of Anhalt-Harzgerode (1613–1670) Austria * Frederick I, Duke of Austria (Babenberg), Duke of Austria from 1195 to 1198 * Frederick II, Duke of Austria (1219–1246), last Duke of Austria from the Babenberg dynasty * Frederick the Fair (Frederick I of Austria (Habsburg), 1286–1330), Duke of Austria and King of the Romans Baden * Frederick I, Grand Duke of Baden (1826–1907), Grand Duke of Baden * Frederick II, Grand Duke of Baden (1857–1928), Grand Duke of Baden Bohemia * Frederick, Duke of Bohemia (died 1189), Duke of Olomouc and Bohemia Britain * Frederick, Prince of Wales (1707–1751), eldest son of King George II of Great Britain Brandenburg/Prussia * Frederick I, Elector of Brandenburg (1371–1440), also known as Frederick VI, Burgrave of Nuremberg * Frederick II, Elector of Brandenburg (1413–1470), Margrave of Brandenburg * Frederick William, Elector ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Idi Amin
Idi Amin Dada Oumee (, ; 16 August 2003) was a Ugandan military officer and politician who served as the third president of Uganda from 1971 to 1979. He ruled as a military dictator and is considered one of the most brutal despots in modern world history. Amin was born in Koboko in what is now northwest Uganda to a Kakwa father and Lugbara mother. In 1946, he joined the King's African Rifles (KAR) of the British Colonial Army as a cook. He rose to the rank of lieutenant, taking part in British actions against Somali rebels and then the Mau Mau Uprising in Kenya. Uganda gained independence from the United Kingdom in 1962, and Amin remained in the army, rising to the position of major and being appointed commander of the Uganda Army in 1965. He became aware that Ugandan President Milton Obote was planning to arrest him for misappropriating army funds, so he launched the 1971 Ugandan coup d'état and declared himself president. During his years in power, Amin shifted from be ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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