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Daily Monitor Sunday May 16 2021 Summary It was revealed recently how Uganda’s public debt has surged to Shs65.82 trillion, forcing government officials to say they are attempting to sweet talk Uganda’s creditors, who include Western institutions such as World Bank and International Monetary Fund. But when this week he was swearing in for another term, President Museveni attacked the West that has largely bankrolled his government. Derrick Kiyonga & Joel Mukisa look at how this complicated relationship started and how it will pan out. Advertisement Shortly after President Museveni took what now looks to be a ritual of swearing-in at Kololo Independence Grounds – to lead Uganda for at least another five years – his military moved to flex muscle, sending a message to anonymous adversaries. ....
Your Excellencies, The people of Uganda and myself, welcome you to Uganda. I thank you for coming to show solidarity with us on this joyful occasion. By 1900, the whole of Africa had been colonized, except for Ethiopia. This was a big shame to Africa and it was all due to the political fragmentation of Africa into small kingdoms and chiefdoms. Some of the traditional leaders, tried to fight to preserve their independence. They were, however, not co-ordinated and they were defeated one by one. Taking Uganda as an example, our society was, that time, a pre-capitalist, mainly non-money one, using barter trade (kuchurika) and comprised of 3 social classes: the feudalists; the artisans (black-smiths, carpenters, potters, etc.); and the peasants (agriculturalists, pastoralists and fishermen). ....
Museveni dares the West to a fight May 12, 2021 President Museveni at Kololo for his inauguration Today Wednesday President Yoweri Museveni took oath to start his sixth term of office to extent his 35-year rule to potentially 40 years. In his inauguration speech, Museveni once again attacked the West for always meddling in the affairs of Africa, saying Africans are capable of defending themselves even if it comes down to a physical fight. Below is his full speech. Your Excellencies, The visiting Heads of State and Their Excellencies the First Ladies; Your Excellencies Heads of Delegation; The Honourable Members of visiting delegations; ....