Business leader. Global citizen. Africa experience.Failure's not an option.Fascinated by space science&exploration.Environment fanatic. Politics. Social equity.
Nairobi/Kampala/London/Florida
Joined June 2009
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Massawa is the Eritrean port city on the Red Sea. It is as hot as a furnance with temperstures soaring to 46°C (114.8°F). You sweat plasma and can't stand with your shoes flat in afternoon sun, perhaps on heels.
Looks like our Eritreans in Uganda have serious home ambitions.
Are we comparing apples with apples?
1) Different currency strength here! Rarely do you get dollar denominated bonds above single percentage digit.
2) Around the patch, there are many sovereign bonda that give between 14.5%-18.99% and TAX FREE!
3) Political risk factor!
Bank of Uganda’s 15.25%–16% bond yields easily beat US Treasuries (~4.7%–5.3%), mopping up local shilling liquidity to cool inflation.
But to attract foreign dollars and strengthen the shilling, that 10% yield advantage must outweigh currency depreciation risks.
The @BOU_Official is engaged in good and confidence moves. Focus remains on showering up the SHILLING.
Jimmy Kiberu retweeted
They hear, they listen very well, they understand but actually don't care. When one feeds off someone else's sweat, why care what it costs?
Check released document today on travel allowances to understand what I mean.
Jimmy Kiberu retweeted
This circular for enhanced public allowances was signed on behalf of the Secretary to the Treasury who tells Ugandans to adopt frugal spending habits. It's a classic irony.
Jimmy Kiberu retweeted
UGX Depreciation.
The Euro crossed 5,000 for the very first time Ever.
The GBP Pound is on its way to 6,000
The Dollar took in some extra 75 for a shilling today and at this rate, 4,500 Will be in books tomorrow.
Jimmy Kiberu retweeted
Uganda’s Electricity Crisis: Have We Learnt Nothing and Forgotten Everything?
20 years of Umeme. US$860 million invested in distribution. Billions more in generation and transmission. Over 2,000 MW of installed capacity.
Yet Uganda is once again staring at the possibility of darkness.
How did we get here? Is the problem ageing infrastructure, inadequate investment—or two decades of institutional failures and lessons ignored?
Have We Learnt Nothing and Forgotten Everything?
Our special investigation follows the money, interrogates the numbers and examines the decisions behind Uganda's electricity crisis.
Read the full story:
ceo.co.ug/ugandas-electricit…
Jimmy Kiberu retweeted
Uganda is tapping its nearly $7 billion in reserves to lessen the blow of a plunging shilling, which is the world’s second-worst-performing currency this month after Iraq’s dinar. bloomberg.com/news/articles/…
Jimmy Kiberu retweeted
UGX falling should worry Ugandans. UN/NGO funding is shrinking, OHCHR left, DGF closed, USAID was dismantled, tourism is hit by Ebola, coffee FX weakened, while Hormuz pushes fuel costs up. Add Christmas imports & USD speculation: fewer dollars in, more out. 4,500 next or more?
Central Bank @BOU_Official Governor warned about this catastrophe. As usual arrogance and failure to listen took centre stage.
Uganda is tapping its nearly $7 billion in reserves to lessen the blow of a plunging shilling, which is the world’s second-worst-performing currency this month after Iraq’s dinar. bloomberg.com/news/articles/…
Jimmy Kiberu retweeted
Rising crime rates is an early warning that economic pressure is deepening. Expect them to be more brazen than ever before. Tusaba gavumenti etuyambe, kubanga!
Jimmy Kiberu retweeted
The @Parliament_Ug should remove barricades on pavements and pedestrian paths around Parliament. We all pay taxes... Stop behaving like Among
Jimmy Kiberu retweeted
August 26, 2026
Sam Mugumya abducted by armed men in plain clothes at NIM Hotel in Nyamitanga, Mbarara City, bundled into a drone vehicle and driven away to unknown destination.
August 28, 2025
Sam Mugumya’s lawyers to the State before the High Court: Where is Sam Mugumya? Produce him dead or alive.
Lt Col Edgar Musasizi (Director of Civil Affairs at the Ministry of Defense and Veteran Affairs): We (the military) have searched all our detention facilities and records but found no entry relating to Sam Mugumya. The UPDF, therefore, has no knowledge of his whereabouts.
Police: We are not holding Sam Mugumya.
September 5, 2025
Justice Collins Acellam to the State and the UPDF: Produce Sam Mugumya in court or account for his whereabouts within seven days.
October 2, 2026
CDF Gen Muhoozi Kainerugaba: Yes, I have Sam Mugumya. He is fine but I will execute him soon.
October 7, 2026
Sam Mugumya’s lawyers to Government before the High Court, again: Where is Sam Mugumya? Produce him dead or alive.
October 15, 2026
Lt Col Edgar Musasizi (Director of Civil Affairs at the Ministry of Defense and Veteran Affairs): Sam Mugumya has never been abducted or detained by SFC or held at any gazetted detention center under its command or control.
October 26, 2026
Judge Simon Peter Kinobe: I have given the State two weeks (until November 9, 2026) to conclude investigations into this matter.
Ugandans: Where is Sam Mugumya?
Jimmy Kiberu retweeted
A friend in Gaborone just explained this to me: “President Boko declined the title His Excellency saying he’s the same ‘boy’ they’ve always known who continues to champion human rights - hence to remain with the title Advocate. So all the Presidential Portraits that are put in public places had to be reprinted to remove His Excellency and put Advocate.”
Then killed me with this; “Apparently he had also refused to exit the WhatsApp groups he was in [before he became president] but I think by now he’s been kicked out.”🤣🤣🤣🤣🤣
Mongoose usually attack snakes as a tag team with incredible reflex!
Please what's this animal fighting snake called my Goodness?
Readers added context they thought people might want to know
The video depicts an impossible real-world scene, as mongooses are not native to Arizona's Sonoran Desert with saguaro cacti and rattlesnakes; similar clips are AI-generated.
en.wikipedia.org/wiki/Mongoose
easystreetmarkets.com/wildlife/arizo…
plantnative.org/native-plants/…
youtube.com/shorts/J2_flXk…
Jimmy Kiberu retweeted
🚨🇺🇬 Omubaka wamwe owa Busiro, Hon. Matovu yawereddwa butwa n'eyabumuwadde mumumanyi ~ Counsel Kenneth Kakande.
#FreeUgandaNow
Ugandan's are doing everything to surrvive in this wobbly economy!
If you have this brand, watch out, its lights are the new hot selling "cake" among what my Chinese friends baptised as Uganda's "Ali Babas"
