Monday, 23 March 2015

THE RE-UNION: 3 THINGS I LEARNT IN OMBACI

Every year on 19th march when the catholic church honours saint Joseph, the husband of the blessed virgin Mary and the foster father of our lord Jesus Christ, patron of the universal church the school is named after, St Joseph’s college Ombaci becomes a beehive of activity as hundreds of old boys flock to their alma-mater to attend the popular Re-union. This year was not different as old boys from all walks of life turned up for the interface with the students and the staff. This year’s celebration fell on Saturday 21st March and saw many Old boys, a couple of muni girls (we call them OG’s) in attendance, we take a look at the 3 things I learnt at Ombaci while we visited.
The anthem is sung much faster these days
One old boy once joked ‘There are two things that distinguish a student from Ombaci from the others, he is a bachelor and he knows how to fry (in Jikko)’ and this is always the case when students clinch their fists and punch the air as they sing their beloved anthem, ‘Oh lord, I am a Bachelor boy, I am a bachelor boy from St Joscom’ this year the experience was different as the students sung with a lot of energy, sang faster and stood up on their feet rather hastily as though they were some sort of robots.
Late John folklore
For any former resident of Jerusalem, the name late john invokes some sort of haunting memory, near the entrance of the dormitory now turned entertainment centre, the patch of concrete squarely the size of an ordinary grave stands out and on it is a mark ‘Late John 1989’ two tales were told one that the patch is in fact a mass grave in which tens of people were buried after the Ombaci massacre, this for obvious reasons had a deeply disquieting or disturbing effect on all of us,  the other tale is that since the school started out as a technical school in 1949, Jerusalem was a garage and that  patch was a pit for repairing automobiles, whichever tale you believe, but be rest assured late John folklore is abiding.
Is Headmaster Andrew Tumwesige the new professor Dumbledore?
Professor Albus Dumbledore of the Harry porter fame, was a tall, thin and very old, judging by the silver of his hair and beard, wore long robes, was often known as the greatest head master of all time who tried to see the good in anybody and respected the fact that one should be assessed by his actions rather than their blood or birth, many parallels have been drawn between this mythical book character and Mr. Juruga Augustine, arguably the greatest headmaster of Ombaci because of his keen and gentle approach, The old boys fraternity honoured Mr Andrew Tumwesige with a meritorious award for being outstanding despite the strikes, challenges et cetera and unlike prof Dumbledore who was often cheered by the students at Hogwarts, the students of Ombaci just didn’t clap when their HM walked up to take his award, whereas students and some few people available kept on muttering, in the eyes of the Old boys Association, Mr. Andrew Tumwesige was evolving into prof. Dumbledore of some sort.

Thursday, 5 March 2015

MUK PRESIDENTIAL ELECTIONS; WHAT WOULD 18 MILLION DO FOR YOU?

You are walking down university road and suddenly a tennis bag drops out of a speeding SUV and in it are a bundle of well stashed 50,000 bills, carefully packed, you are gobsmacked, you look side ways to confirm somebody really didn’t see what you saw, at first you are tempted into thinking it is a bomb dropped at your feet by a certain Al-shabab or its affiliates but you remember the air tight security at the gates can’t let that pass, so something tickles you a little, it’s the cats familiar hobby, curiosity. Takes up your mind and you fearfully open the bag so as to peep inside, Bingo!!! It’s paper!! You hurriedly rush to the Faculty of Social Sciences toilet, you bolt the door and silently start scrutinizing the bills, you count rather hastily and you find they are exactly 360 bills bundled in 18’s. Imagine that was you; imagine you were 18 million shillings richer. What is the first purchase that comes to mind? Would you continue to eat at Hajjat’s Kikoni restaurant, would you buy your girlfriend a brand new phone, would you invest it in your classmates favourite business idea, would you help offset your friends tuition deficit, would you buy a stake in a USE listed firms, or would you invest it in the MUK presidential Elections.
This is the same question my contemporary asked when such news filtered about our very own Hon. Mwine Musa who is currently running for president in the MUK Guild Elections, the rumour alleges that while he served as the president of Makerere Engineering Society, him and his executive team pocketed 18 million, part of the money budgeted for students project at the Annual CEDAT Open Day Fair, make no mistake!! I am an ardent subscriber of the policies of the society, I am a great admirer of the great work the society has been up to lately, notwithstanding let us have a sneak peak at what a student, a Makerere university student in particular can do with 18 million shillings.
Tuition for a full engineering degree for two
The average undergraduate engineering student at the College of Engineering, Design, Art and Technology coughs up 1,155,000 shillings in tuition per semester and by the time they would be lining up at freedom square for their graduation, they would have spent a collective fee of 9,240,000 shillings or look at it this way, you can use that money to train four teachers at this university, a bachelor of arts degree in education is just under 700,000 shillings per semester, by the time four students clear out their desk at the School of Education, they would have credited the university account with about 17 million.
Run a successful campaign at MUK.
Shortly after H.E Bwowe Ivan got an overwhelming majority in last year’s guild polls, rumour spread around, and they do spread very first on campus, that an astute business minded fellow, on realizing the potential in Bwowe’s unparalleled abilities to win this race, bet out a whole load of cash on his candidature, and luckily enough the young democrat though independent then, won the elections.
The cost of successfully running a meaningful election at the university is upwards of 50 m but the impact of having an extra 18 million cheque to bolster your campaigns should not be underestimated.
Buy a proprietary software start-up at CoCIS
Proprietary software apps that eventually offers businesses an affordable local alternative to solving challenges while bridging the telecommunication gap in medicine, science, engineering are the way to go, tens of students at Makerere University are coming up with apps such as winsenga, nLight Flashlight, ffene, Word book, WhirlSports et cetera that solve serious problems in society.
The growing population and the increasing cost of acquiring legit softwares have made tech start-ups  a much sought after commodity, therefore for those who think long time, an 18 million cheque can buy you a tech start-up from the student laptops at CoCIS to an upscale office in a certain silicon valley look alike serene environment in Ntinda.
Start up your favourite childhood company
The cost of registering a private limited company in Uganda all the way from name reservation to allocating share capital to acquiring lawyers to draft company books is just under 6,000,000 assuming you start with a capital of 5m at least, having got a blank cheque worthy 18 million why wouldn’t you register your firm, procure furniture and an office, hire a secretary and spend the balance to chase deals or jobs for the company.
Buy 35,000 shares in UMEME
On the USE bourse, the UMEME share has stagnated at a flat rate of 500/= for days, this implies that with 18m you could own up about 36,000 of the 622.38m shares issued at their IPO and you become part of the 23.75 % individual share holders in the company, this will eventually guarantee you a profit of over 800,000 a year in dividend payments assuming the company maintains its 25/= per share payout annually.
For a student looking at life from your senile grandfather’s perspective, and with an 18m cheque they would consider that as a worthwhile venture.
Your girlfriend’s new apparels
It would be totally unfair for me to ignore the laissez-faire type who always thinks about their partner rather liberally, whether they are feasting on a ‘hot rolex’ or munching a burger, they always want to appease their partners at all costs. Probably because you are tired of the pushing and hand pulling down town Owino, you’ll head straight to mainstream Kampala and check in at Sylvia Owori boutique and buy your girlfriend handmade latest apparel, some classy gold coated watches, fitting shoes and some lingerie at just 5 million or less.
Leave out the Muyindi at your peril
The word Muyindi in Uganda is synonymous with sports betters, for the bare fact that most sports betting firms are Asian owned with most proprietors being Indian, The phrase, "It takes money to make more money" comes in handy, you’ll ask that first year student that dropped out of school because he had spent the whole of his tuition on sports betting, a bogus Chelsea versus QPR English premier league game in which Chelsea was beaten a goal to nil in January of 2013, that one. Most students would take a portion of the 18 million and stake some of it on a ticket with the hope of creating more wealth (for lack of a better word).
I do not want to delve so much on whether Hon. Mwine Musa toke the money or not, the college principal can do an authentic audit, my interest is to give a business sense into the whole allegations by enumerating the things one would buy with that money allegedly taken by Mwine Musa and his executives from the coffers of Makerere Engineering Society.