Von: Power minds Youth [mailto:powermindsyouth@yahoo.co.uk]
Gesendet: Mittwoch, 11. Januar 2012 07:31
An: Fleischer, Torsten
Betreff: hallo
Guten tag Heinz,
How are you doing in this new year? Greetings to your kids. We are also moving on well but Uganda began its new year with a 3 day seat home strike because of the high inflation rate which is 15.4 percent and the high bank lending rate of 26 percent. 80 percent of businesses operate on loans and they have been hit hard and started defaulting on their loans because they cannot longer pay them promptly. The members of parliament tried to force the governor of Bank of Uganda and the president and this is what they both said:
President - "Fellow Ugandans, I cannot listen to stupid malnutrition dogs bucking at an elephant in the jungle, whoever feels cheated should change citizenship to another country."
Governor - "I encourange all Ugandans who feel oppressed by the high inflation and high bank rate to stop borrowing and even reduce on their expenditures e.g eat only 1 meal a day to break even or live the city and go back to the village and do subsistence farming but the Bank of Uganda will do nothing about it."
Now these 2 statements have really provoked many rich businessmen, public and private servants. And from today the businessmen have decided to close their shops and businesses and withdraw all their money from the banks to zero, so you can imagine what is happening now in the city. I have been in the bank to draw some upkeep for our office operations and found long lines of people waiting with bags to draw their money out and the bank managers are just pleading with them to come down. But I expect the worse today as thousands of policemen are surrounding banks with tear gas can stars. And for the youth in Uganda, they have given government a deadline of up to 20th jan to give back the money worthy 4 Billion dollars that the European Union donated last year to the youth development agencies in Uganda and the government diverted the money to its own use where it gave a government businessman 1 billion to construct its party headquarters. Now if the government doesn't react to the youth agendas by 20th, then I guess millions and millions of youth will go on the street. The youth are living in extreme poverty in Uganda whether educated or not and the government is not bothered. Otherwise, the power minds youth was supposed to hold its youth day on 22 jan, where we will do community work in Kasanje and entertain the community with various activities but we are not sure what will be in the country by then. Will keep you posted.
Hey did you receive your Calendars we sent to your kids?
See ya.
Nicholas
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