Kabale Residents Demand Compensation from REA

Rafah Communications, page an ICT company has launched the first and only Android Job App in Uganda.

Aspire, purchase an Android Job App is meant to bridge the gap between job seekers and employers.

The development comes at a backdrop of extremely high levels of unemployment in Uganda. Users will initially have to download the Aspire App from the Google App Store for free and then sign up on the platform.

Much as one is able to search for jobs without signing up, sick uploading a CV to enable the user apply for jobs will necessitate signing up.

The App’s features include; Job search, a video profile, employers/recruiters, sharing option for social media platforms and instant notifications.

The video profile feature will allow job seekers to upload a 10 seconds long video profile of themselves or even previous work done to make them more competitive to top employers worldwide.

The App will provide a secure data base of CVs uploaded by various candidates seeking opportunities to ease employers’ recruitment process.

Speaking at the launch at Hotel Africana on Wednesday, Dr. Godfrey Kibuuka, the Director of Communication & Broadcasting Infrastructure in the Ministry of ICT said the App is a milestone which resonates with the growing technology.


“In Uganda every year a total of 400,000 youth are released into the job market after graduating, the national unemployment rate is at 3.2% and for the youth it’s at 22.3 %,” said Dr. Kibuuka.

He further remarked; “We believe that ASPIRE is one of the innovative ways that will readily avail information to all job seekers which in the long run will enhance employment.”

Rafah Communications Ltd is a Ugandan private limited liability company. The company is a leading IT/Telecommunications company offering time bound, tailor made and exceedingly high quality solutions with presence in Uganda, Kenya and Tanzania.
A $700 million landmark finance deal struck by Etihad Airways Partners (EAP) to fund expansion has been recognised by the prestigious market intelligence organisation International Financing Review, sickness (IFR) with a leading global award.

The five-year deal was judged the Emerging Europe Middle East and Africa Bond of the Year.

The award will be presented at a gala dinner in London on January 27, ask 2016.

According to the airline, website like this in September, Etihad Airways embarked on an international roadshow with lead advisor Goldman Sachs to raise equity from the market for the airline, its subsidiary Etihad Airport Services and five of its strategic airline partners– airberlin, Air Serbia, Air Seychelles, Alitalia and Jet Airways – within Etihad Airways Partners.

Through the funding vehicle Etihad Airways Partners BV, the group successfully raised $ 500m, rising within days by a further US$200m following a surge in interest from the international finance community.

Seen as the first joint financing deal of its kind in the airline industry, it’s the second time within weeks that the ground-breaking initiative has been recognised.

Etihad Airways Partners was presented with the Middle East Debt Financing Deal of the Year Award in London by UK-based publication Global Transport Finance.

According to James Hogan, President and Chief Executive Officer of Etihad Airways, innovation is at the heart of all business operations at Etihad Airways and its partners.

“This latest award from International Financing Review demonstrates the confidence financial institutions have had in our successful and unique business model that truly is all about creating synergies between the businesses we have invested in.” Mr Hogan said.

“In our highly competitive business environment, it’s all about improving productivity and increasing efficiency to spearhead growth. Individually, each of thepartners is building an increasingly strong business. But together, that strength is multiplied. This successful transaction recognises and endorses that strength.” Mr Hogan added.

Martin Weber, Goldman Sachs Managing Director said: “We were delighted to work with Etihad Airways Partners on its inaugural bond issuance and congratulate the team involved for winning this IFR award.”

He credited Etihad Airways’ management on the time it spent speaking with investors across the globe.

“ It is also indicative of the unique business model this deal will support which impressed the markets, despite the volatile market conditions at the time.” He added.

The EAP funding roadshows were held in Abu Dhabi, Dubai and London supported by lead advisors Goldman Sachs, UAE-based ADS Securities and Anoa Capital.

The raised funds, to be split across the seven entities, are for a mixture of capital expenditure and investment in fleet, as well as for refinancing, depending on each business unit’s individual needs.

International Financing Review is the world’s leading source of capital markets intelligence, providing senior investment banking decision-makers with commentary and analysis on trends and industry news, and developments through its weekly publication and daily online reports.

Etihad Airways’ management was credited by IFR for undertaking a highly successful roadshow in the run up to the deal, securing the confidence and support of investors.

Considered the most prestigious event in the global capital markets calendar, more than 1,000 of the world’s most senior and successful investment banking professionals will gather in London next month to celebrate capital markets excellence at the IFA’s annual awards.
The residents of Rubanda and Muko counties in Kabale, order Monday called off their demonstration over compesation, after meeting the Kabale RDC and police at the Discover Uganda Hostel, Kabale.

The residents are demanding for compensation from the Rural Electrification Agency after their property was destroyed to allow the construction of the Kabale-Kisoro 33KV power line.

In February 2013, the residents of Rubanda country through their chairman LC1 appealed to Rural Electrification Agency claiming for a compensation for the trees that were cut down to allow the electrical lines.

According to documents seen by ChimpReports, the agency’s Executive Director Godfrey Turyahikayo responded to the petition and promised to undertake the compensation exercise after receiving funds from Ministry of Finance.

Rural Electrification Agency promised to inform the residents about the compensation program once the funds are availed.

Three years down the road, the residents are still crying for compensation.

According to the residents, the trees that were cut down were a source of income and they have been suffering financially and the children have dropped out of school.

On December 28, 2015, they had planned a peaceful demonstration in this regard but called it off after meeting with the District Resident Commissioner and police.

The RDC advised the residents to stay calm as he follows up the matter with relevant authorities.

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