{UAH} Services creating dollar volitility

Foreign investors by end of October 2015 will take out an estimated Shs145b ($44m) in dividends. http://www.monitor.co.ug/Business/-/688322/2776068/-/o26kfo/-/index.html

Now my calculations were way below what is actually is flowing out the economy but almost spot on. This is how rich Uganda is, so with a better strategy Uganda can save over 100 million US dollars annually. If only 45% of Uganda population were investing in the stock market this money would be theirs and will stay within the economy.

The government has to compel state institutions to start buying /investing in share and securities specifically LOCAL GOVERNMENTS and state agencies. The 22 municipalities Jinja, Mbale Masaka, kabale , Arua etc could be earning goof development funds.

Mandela Stadium, Nakivubo Stadium, Workers Unions, Pension Fund, Road Fund, UCC , UNRA, NWSC all should start investing.
  

Why is Posta Bank and Uganda Development Bank not among the biggest stock investors?

Bwanika

On Sun, Jul 5, 2015 at 5:52 PM, Dan Bwanika <bulemezi@gmail.com> wrote:

a. Mobile money amounting to more than 2 billion shilling a month (Airtel, MTN)

b. TV subscription by foreign TV companies (azam, startTv,Startsat,DST,zuku, goTv)

c. importation of motor vechicles and spare parts

d. Banks (merchant/Commericial) and Insurance companies investing in TB/ Government Instruments

e. Internet Service which have come with Iphones

f. Petroleum products amounting to over 300 million a month!

g. Super market goods/items imported in from South America, Asia, & South Africa

Uganda, funny enough can provide all the above services and goods using the existing infrastructure and resources! This will save Uganda more than 15 billion Uganda shillings (about 5 million dollars) monthly or 60 million dollars a year.

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Bwanika Nakyesawa Luwer o

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Bwanika Nakyesawa Luwero

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