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Saturday, December 31, 2016

by
  • Insiders sometimes open their wallets when shares are cheap
  • JPMorgan chief spent $26 million on his bank’s stock this year
Jamie Dimon
Photographer: Laura McDermott/Bloomberg
Few top executives followed Jamie Dimon’s example this year in buying company stock.
Insiders at a majority of S&P 500 Index companies didn’t purchase any of their firm’s shares in the open

How other countries have kicked off New Year celebrations

Fireworks illuminate the sky near Malaysia's
Fireworks illuminate the sky near Malaysia's landmark Petronas Twin Towers during the New Year celebrations in Kuala Lumpur on January 1, 2017. AFP PHOTO 
New Year fireworks burst over the Marina Bay
New Year fireworks burst over the Marina Bay skyline in Singapore on January 1, 2017. AFP PHOTO
People celebrate during a countdown event to
People celebrate during a countdown event to mark the New Year in downtown Seoul on January 1, 2017.
New Year fireworks illuminate the sky over the
New Year fireworks illuminate the sky over the iconic Opera House and Harbour Bridge in Sydney on January 1, 2017.
People celebrate during a countdown event to
People celebrate during a countdown event to mark the New Year in downtown Seoul on January 1, 2017. AFP PHOTO
People hold balloons during the New Year
People hold balloons during the New Year celebrations at Prince Park Tower in the Japanese capital Tokyo on December 31, 2016. AFP PHOTO
People gather to watch carbide-shooting, a
People gather to watch carbide-shooting, a tradition on the last day of the year to scare off evil spirits, in Zevenhuizen, the Netherlands, on December 31, 2016.
People celebrate during a countdown event to
People celebrate during a countdown event to mark the New Year in downtown Seoul on January 1, 2017.
Members of the Up Helly AA Vikings from
Members of the Up Helly AA Vikings from Shetland prepare to lead the torchlight procession through the streets of Edinburgh in Scotland on December 30, 2016, as the city begins to celebrate Hogmanay The procession is the opening event of Edinburgh’s Hogmanay 2016/17. Over 40,000 people are expected to throng the streets of the capital to watch the torch carriers as they illuminate the city, culminating in a breath-taking fireworks finale.
A woman wears a mask on a polluted day in
A woman wears a mask on a polluted day in Beijing on New Year's Eve on December 31, 2016. Beijing issued an orange alert - the second highest level - for heavy pollution over the New Year weekend period. AFP PHOTO

Ivorian Cocoa Piles Up at Ports as Shippers Halt Purchases

by
  • Trucks queuing at ports and buying stations can’t discharge
  • Smaller exporters aren’t buying cocoa after futures tumbled
Cocoa is piling up at ports and warehouses in Ivory Coast, the world’s biggest producer, after a plunge in futures prices prompted some exporters to suspend purchases.

The Poorest Countries in the World


While many people in the U.S. worry about waiting in line too long for coffee or whether the car they want comes in the right color, across the globe there are many people simply trying to make ends meet every day. These people frequently live in the poorest countries in the world — places with struggling economies, a lack of natural resources or a combination of that and more.

Congo Talks on Kabila Exit Falter as Security Boosted in Capital

by
Talks between the ruling party and the opposition in the Democratic Republic of Congo aimed at getting President Joseph Kabila to stand down faltered as the authorities boosted security in the capital, Kinshasa, to head off potential unrest.

Our world in 2017. Be a scout, you never know…

The truth in most situations lies somewhere in between. What actually happens is that those who try to foretell the future have contextualised the issues more than most. I too have no hindrances in having a go because I have a context. Here are some predictions based on data to which I am privy









Samuel Sejjaaka
Samuel Sejjaaka 

Happy New Year, good bye 2016

Before the year is over, I predict the end of the road for comrade Robert Mugabe, life president of Zimbabwe who turned 92 recently and, against wise counsel, was endorsed as sole candidate of ZANU/PF in that miserable country’s 2018 presidential elections.






 
By Harold Acemah
Happy New Year esteemed readers of the Sunday Monitor. I hope 2017 will be a better year for all than 2016 which was for me annus horribilis (horrible year).

Uganda’s future lies in harnessing the power of our restless youth

Access to education is laudable but we need quality education. In the technology era foundational skills must include capacity to operate computers. The current policy by government to reduce its investment in public universities is a recipe for disaster.


 
By Norbert Mao
Recently, an embarrassing episode unfolded on our television screens when the launch of the National Youth Policy turned into a riot.

How spending Shs1,000 will make you broke in 2017

Almost comically, the believer is sometimes asked to attach to the money a specific written end-of-year request, and to put both in an emphatically ‘free’ envelope.







 
By Alan Tacca
As usual, in December, the good, the bad and the ugly who run the religious industry accelerate their activities, and believers happily part with considerable sums of money to support that industry.

IN PICTURES: The first countries to celebrate New Year


How other countries have kicked off New Year celebrations

Fireworks illuminate the sky near Malaysia's
Fireworks illuminate the sky near Malaysia's landmark Petronas Twin Towers during the New Year celebrations in Kuala Lumpur on January 1, 2017. AFP PHOTO 
New Year fireworks burst over the Marina Bay

New Year fireworks burst over the Marina Bay skyline in Singapore on January 1, 2017. AFP PHOTO
People celebrate during a countdown event to

People celebrate during a countdown event to mark the New Year in downtown Seoul on January 1, 2017.
New Year fireworks illuminate the sky over the

New Year fireworks illuminate the sky over the iconic Opera House and Harbour Bridge in Sydney on January 1, 2017.
People celebrate during a countdown event to

People celebrate during a countdown event to mark the New Year in downtown Seoul on January 1, 2017. AFP PHOTO
People hold balloons during the New Year

People hold balloons during the New Year celebrations at Prince Park Tower in the Japanese capital Tokyo on December 31, 2016. AFP PHOTO
People gather to watch carbide-shooting, a

People gather to watch carbide-shooting, a tradition on the last day of the year to scare off evil spirits, in Zevenhuizen, the Netherlands, on December 31, 2016.
People celebrate during a countdown event to

People celebrate during a countdown event to mark the New Year in downtown Seoul on January 1, 2017.
Members of the Up Helly AA Vikings from

Members of the Up Helly AA Vikings from Shetland prepare to lead the torchlight procession through the streets of Edinburgh in Scotland on December 30, 2016, as the city begins to celebrate Hogmanay The procession is the opening event of Edinburgh’s Hogmanay 2016/17. Over 40,000 people are expected to throng the streets of the capital to watch the torch carriers as they illuminate the city, culminating in a breath-taking fireworks finale.
A woman wears a mask on a polluted day in

A woman wears a mask on a polluted day in Beijing on New Year's Eve on December 31, 2016. Beijing issued an orange alert - the second highest level - for heavy pollution over the New Year weekend period. AFP PHOTO

Museveni promises low power tariffs in New Year Message

According to Mr Museveni, the power from Nalubaale power station is now at $1.04cents, since the loan for constructing Nalubaale power station has been fully paid back









President Yoweri Museveni
President Yoweri Museveni  
By Monitor Reporter
As Ugandans and the rest of the world prepare to enter 2017, President Yoweri Museveni has said his government is in talks with the financiers of Bujagali to bring down the cost of power to affordable rates for industries.

Kenya must do all in its power to avoid genocide in South Sudan


United Nations Mission in South Sudan (UNMISS) peacekeepers stand guard at an entrance to the Tongping UNMISS base in Juba. FILE PHOTO | FILE
United Nations Mission in South Sudan (UNMISS) peacekeepers stand guard at an entrance to the Tongping UNMISS base in Juba. FILE PHOTO | FILE |  AFP
By Ndung'u Wainaina
In Summary
  • The escalating fighting in South Sudan will have immense repercussions for Kenya and will threaten the delicate stability of the entire East and Horn of Africa

When populism returned to haunt the global liberal order



United Nations
United Nations Secretary-General Ban Ki-moon delivering a speech during the UN climate conference in Marrakesh on November 15, 2016. The climate accord was signed under his watch. PHOTO | AFP 
By PETER KAGWANJA
More by this Author

Year 2016 was one that saw tectonic shifts in global affairs, whose ripples in world affairs will be felt for generations.

Blogs & Opinion

Leaders differ on whether outgoing IEBC team should take up public service jobs


Independent Electoral and Boundaries Commission chairman Issack Hassan (second right) addresses the media at the agency's offices in Nairobi on May 5, 2016. He is flanked by IEBC chief executive Ezra Chiloba (second left) and commissioners Kule Galma Godana and Thomas Letangule. Treasury says it could pay commissioners from emergency funds if they voluntarily leave office. FILE PHOTO | NATION MEDIA GROUP
Independent Electoral and Boundaries Commission chairman Issack Hassan (second right) addresses the media at the agency's offices in Nairobi on May 5, 2016. He is flanked by IEBC chief executive Ezra Chiloba (second left) and commissioners Kule Galma Godana and Thomas Letangule. There is debate on whether they should be barred from taking up public service jobs or not. FILE PHOTO | NATION MEDIA GROUP 

Kenyans face slowdown in economic growth ahead of polls


Treasury Cabinet Secretary Henry Rotich (left) with his Transport counterpart James Macharia during the Kenya Public Private Partnership Roads Investor Conference at Safari Park Hotel on November 15, 2016. The government says it has put in place measures to shield the country from  negative effects of election politics. PHOTO | DIANA NGILA | NATION MEDIA GROUP
Treasury Cabinet Secretary Henry Rotich (left) with his Transport counterpart James Macharia during the Kenya Public Private Partnership Roads Investor Conference at Safari Park Hotel on November 15, 2016. The government says it has put in place measures to shield the country from negative effects of election politics. PHOTO | DIANA NGILA | NATION MEDIA GROUP 
By VINCENT ACHUKA
More by this Author
Kenyans should be worried about a slowdown in economic growth this year as we head to the General Election, experts have warned.

How Knec officials beat exam cheats and cartels


Education Cabinet Secretary Fred Matiang’i presents a copy of the KCSE examination report to President Uhuru Kenyatta at State House, Mombasa, on December 29, 2016. Present were PS Belio Kipsang (left), Knec chairman George Magoha and acting CEO Mercy Gathigia (right) and Teachers Service Commission boss Nancy Macharia. PHOTO | PSCU
Education Cabinet Secretary Fred Matiang’i presents a copy of the KCSE examination report to President Uhuru Kenyatta at State House, Mombasa, on December 29, 2016. Present were PS Belio Kipsang (left), Knec chairman George Magoha, Teachers Service Commission boss Nancy Macharia (third left) and Knec acting CEO Mercy Gathigia. PHOTO | PSCU 

The doomsday cults have got it wrong again



Revellers release balloons, carrying their wishes, to celebrate the New Year at Prince Park Tower in the Japanese capital Tokyo  on December 31, 2016. Given the different time zones, Samoa, Australia, Japan and South Korea are some of the countries that usher in the New Year first. PHOTO |  BEHROUZ MEHRI | AFP
Revellers release balloons, carrying their wishes, to celebrate the New Year at Prince Park Tower in the Japanese capital Tokyo on December 31, 2016. Given the different time zones, Samoa, Australia, Japan and South Korea are some of the countries that usher in the New Year first. PHOTO | BEHROUZ MEHRI | AFP 
By ELVIS ONDIEKI
More by this Author

If you are reading this, it means the end of the world did not come in 2016. That means all calculations that predicted that the apocalypse would befall the earth in 2016 fell flat. Toast to that.

Being an election year, it would be wise to expect the unexpected


Fireworks explode over Victoria harbour during new year celebrations in Hong Kong on January 1, 2017.  PHOTO |  DALE DE LA REYPHOTO | AFP
Fireworks explode over Victoria harbour during new year celebrations in Hong Kong on January 1, 2017. PHOTO | DALE DE LA REYPHOTO | AFP  
By MURITHI MUTIGA
More by this Author
At 8pm (Kenyan time) on January 20, Donald Trump will ascend the steps of the American Congress on Capitol Hill to be sworn in as the 45th President of the United States of America.

Dar probing report Tanzanian pilot held by South Sudan rebels


Sudan Peoples Liberation Movement in Opposition (SPLM-IO) soldiers loyal to rebel leader Riek Machar sit in vehicle at the airport in Juba on April 20, 2016. During the civil war, which started in 2013, several top South Sudan government officials alleged that Khartoum was supplying Dr Machar with arms. PHOTO | CARL DE SOUZA |  AFP
Sudan People's Liberation Movement in Opposition (SPLM-IO) soldiers loyal to rebel leader Riek Machar sit in vehicle at the airport in Juba on April 20, 2016. PHOTO | CARL DE SOUZA | AFP 
By CHABI BARASA
In Summary
  • “The government is aware of the report and is working to get to the bottom of the issue,” she said, in reference to the kidnapping of the pilot, identified as Mohammed Nassor Sauh, who was flying a Cessna aircraft leased by the South Sudan Air Aviation on November 1.

AfDB gives Uganda $151m for four-lane toll road


Construction of the Northern Bypass road that links to the Entebbe Express Highway. PHOTO | MORGAN MBABAZI
Construction of the Northern Bypass road that links to the Entebbe Express Highway. PHOTO | MORGAN MBABAZI 
By Elias Biryabarema
In Summary
  • The 40-year loan will partly finance a new 23km, 4-lane toll road to help de-congest traffic on an existing road, the finance ministry and AfDB said, adding the government would fund the remainder of the $192 million project.

Deadline for Tanzania telcos to list shares on bourse lapses Friday


Brokers at the Dar es Salaam Stock Exchange. PHOTO | FILE 
By TEA Special Correspondent
In Summary
  • As of Wednesday this week, only Vodacom Tanzania and Tigo had prepared their prospectuses for listing on the DSE.

Burundi threatens to sue AU, pull out troops from Somalia


Some of Burundian soldiers part of the African Union Mission in Somalia (Amisom) leave for Burundi after they ended their tour of duty in Somalia on June 28, 2016. PHOTO | AMISOM
Some of Burundian soldiers, part of the African Union Mission in Somalia (Amisom), leave for Burundi after they ended their tour of duty in Somalia on June 28, 2016. PHOTO | AMISOM 
By MOSES HAVYARIMANA
In Summary
  • President Pierre Nkurunziza said the Burundian forces serving under the African Union Mission in Somalia (Amisom) have gone for more than one year without salaries.

Malawi charges eight Tanzanians for uranium mine trespass

A uranium mine. PHOTO | FILE
A uranium mine. Eight Tanzanians were arrested around the Malawi's Kayelekera uranium mine for criminal trespassing. PHOTO | FILE 
By CHABI BARASA
In Summary
  • Eight Tanzanians arrested around the Kayelekera Uranium mine
  • Group charged with criminal trespassing and are currently being held at Mzuzu Prison pending a mention of their case on January 4, 2017
  • Tanzania diplomats trying to engage their counterparts of the issue, blames organisation that sent the team to the neighbouring country without securing clearance.

TAARIFA KWA UMMA KUHUSU MWANDISHI WA HABARI KUFIKISHWA MAHAKAMANI KWA AGIZO LA DC KAHAMA



TAARIFA KWA UMMA

UONGOZI wa Klabu ya Waandishi wa Habari mkoa wa Shinyanga (SPC),na baadhi ya waandishi wa habari wilayani Kahama,wamekutana na mkuu wa wilaya ya Kahama Fadhili Nkurlu ili kupata muafaka wa tatizo la kukamatwa na kufikishwa mahakamani mwandishi wa habari wa kujitegemea Paul Kayanda.
Kikao hicho cha usuluhishi kilichofanyika leo Jumamosi Desemba 31,2016 katika ofisi ya mkuu wa wilaya hiyo,kimehudhuriwa pia na baadhi ya wajumbe wa kamati ya ulinzi na usalama wa wilaya ya Kahama.

Kayanda alikamatwa jana Desemba 30,2016 na kufikishwa mahakamani kwa agizo la Mkuu wa wilaya ya Kahama Fadhili Nkurlu akimtuhumu kuandika habari za kumdhalilisha na kuzisambaza kwenye barua pepe mbalimbali za vyombo vya habari.

Katika kikao ,Uongozi wa Klabu ya waandishi wa habari mkoa wa Shinyanga ,ulimuomba mkuu wa wilaya Nkurlu kutaka kufahamu kilichomsukuma kuchukua maamuzi hayo,na nini ushauri wake juu ya suala hilo lakini pia kumsikiliza mwandishi Paul Kayanda.

Baada ya kusikiliza pande zote mbili,kikao kilibaini kuwepo kwa mapungufu katika habari iliyoandikwa na Kayanda kuhusu habari ya laptop mbili zilizoibiwa nyumbani kwa mkuu huyo wa wilaya.

Mkuu huyo wa wilaya alikiri kuwepo kwa tukio la wizi nyumbani kwake lakini mwandishi huyo aliandika habari kwa kuingilia uhuru binafsi wa kiongozi huyo akielezea watu wanaoingia na kutoka nyumbani kwake lakini maisha anayoishi na kijana wake.

Kwa kuangalia maslahi mapana ya umma kutokana na kutegemeana katika kusukuma maendeleo ya jamii baina ya uongozi wa serikali na waandishi wa habari ,kikao kimemtaka Kayanda kumwomba radhi mkuu huyo wa wilaya kwa kuingilia uhuru wake binafsi na kuuhusisha na habari ya wizi wa laptop badala ya kujikita kwenye tukio la wizi wa laptop pekee.

Kikao pia kimebaini kuwa pamoja na mapungufu ya mwandishi, ni ukweli ulio wazi kuwa mkuu huyo wa wilaya aliibiwa kompyuta mpakato (lap top) mbili nyumbani kwake na kuagiza vijana watatu wakamatwe kwa mahojiano polisi akiwemo mmoja anayeishi nyumbani kwake japo ameelezea kuwa hakujua walishikiliwa kwa siku ngapi.

Mkuu huyo wa wilaya pia alieleza kukerwa na ujumbe mfupi wa maandishi kwa njia simu ya mkononi (sms) alizodai kutumiwa na Kayanda kwa kutumia simu nyingine (tofauti na anayotumia) zenye lugha ya kumtuhumu na kumdhalilisha.

Hata hivyo kikao hakikuona kuwepo kwa ushahidi wa moja kwa moja kuthibitisha kama ni za mwandishi huyo kweli au la huku kikao kikiomba sms hizo zifuatiliwe ili wamiliki wa namba hizo wajulikane .

Baada ya kujadiliana kwa kina katika kikao hicho kilichodumu kwa muda wa saa mbili,Kayanda amemwomba mkuu wa wilaya msamaha kwa mapungufu yaliyojitokeza katika habari hiyo aliyoiandika, na mkuu wa wilaya ambaye ni mwenyekiti wa kamati ya ulinzi na usalama wilaya ya Kahama amekubali kumsamehe mwandishi huyo akiahidi kufuata taratibu zingine kuondoa kesi mahakamani na kutaka kusafishwa katika mitandao mbalimbali ya kijamii ilikoandikwa habari hiyo.

Nkurlu amesema anatambua kazi nzuri inayofanywa na waandishi wa habari wilaya ya Kahama na mkoa wa Shinyanga kwa ujumla katika kuandika habari zinazohusu serikali na akaomba kudumishwa kwa ushirikiano uliopo baina ya viongozi wa serikali na waandishi wa habari ili kusaidia kuharakisha maendeleo ya wananchi huku akiwasisitiza waandishi wa habari kuzingatia weledi katika kazi zao.

Aidha Klabu ya waandishi wa habari mkoa wa Shinyanga imewasisitiza waandishi wa habari kuzingatia weledi na kufuata maadili katika kutekeleza majukumu yao ili kuepuka migongano isiyokuwa na tija kwa umma.

Pia tunawashauri wadau wote wa habari pindi inapotokea kuingia katika mgogoro wowote ama na waandishi wa habari au chombo cha habari si vyema kwenda mahakamani moja kwa moja bali wawasiliane na viongozi wa klabu za waandishi wa habari katika mkoa husika ili kusuluhishana na kuwekana sawa.

Imetolewa na 

Kadama Malunde

MWENYEKITI –SPC

Mkuu wa wilaya ya Kahama Fadhili Nkurlu,waandishi wa habari na baadhi ya wajumbe wa kamati ya ulinzi na usalama wilaya ya Kahama wakiwa katika kikao cha usuluhishi
Waandishi wa habari wakiwa katika ofisi ya mkuu wa wilaya ya Kahama
Kikao kinaendelea
Waandishi wa habari wakiondoka katika ofisi ya mkuu wa wilaya baada ya kikao kumalizika