Ndere centre should go beyond this feature and start running a “Save Ndere Cultural Centre” campaign. Online, mainstream ads using the various players in the entertainment industry like musicians. Let them widely call upon kindhearted Ugandans to donate towards this cause as they engage other stakeholders.
This guy's business needs to be bailed out for sure. It is one of the few places that I can comfortably recommend tourists to go and see and experience the Ugandan culture. It would be a shame to see this business fail. Where is the BUBU initiative?
I have been here twice with expatriates and the experience is phenomenal. This centre should be kept in the hands of the original visionary. The Government of Uganda should show up for him with the appropriate arrangement
Quick math. assuming the US dollar is at 3700, 120b UGx could be approximately $32.43m, and with a debt of 10.5b UGx Ndere troops might forfeit its assets for only $2.84m debt ,that’s an anomalous payoff of $29m. Where is the Uganda government when the people need it .
The government should intervene. Options of liquidation or forced sale..that Consultant haven't considered an Investors mind set, the two means partly-death of his dream. More time atleast 2 - 3yrs should be granted to him and exhaust his options
●Igongo (Mbarara) was saved from debt by tax payer's money. ●Ndere Centre wants the same. ●These men behave rich and in the end they beg from the government. ●The government will do for them what they need TRIBALISTICALLY but they need to know that those debts are their responsibilities.
Ebya Uganda bizibu the government just splashes money to musicians who are not contributing almost nothing but we just leave such business to be auctioned
Someone wants that land.
Now this's the sort of businessman that really needs gov't bail out not Pinetti, Magoola and Roko
Sell shares and pay.
Why pay for others businesses
Absolutely bailout the brother his legit
For government needs to bail this Ugandan heritage
Am just happy with the positive comments from Ugandans for the first time
Ndere centre should go beyond this feature and start running a “Save Ndere Cultural Centre” campaign. Online, mainstream ads using the various players in the entertainment industry like musicians. Let them widely call upon kindhearted Ugandans to donate towards this cause as they engage other stakeholders.
Good place.
Why doesn’t the government help this man,honestly it hurts .
May the Lord bail this man out. He has surely done great
This local and genuine investor deserves a grace period to pay his loan. If the give money to pinnetti why not help Rwangezi
The ministry of Tourism (if we have one) should bail out this business. It is a source of pride for the country!!
Why not sale shares to repay the bank?
Why resale
Like you highlighted in brackets,”IF WE HAVE ONE “ ☝️ 😢
Ooo dear, may the good lord come through for you Me Rwangezi.He used to teach us traditional music and dance.Oooo it was sooooo beautiful.
The government should bail out Rwangyezi.
Mazima
Used to watch Ndere at the former Nile Hotel, now Serena. Lets help this man out if we can.
someone needs to really help ndere and the guy seems sincere and he loves the culture
But our government why, imagine 3 of his proprties are all being auctioned for only to pay 10.5b debt😢😢
Btw UDB is a fully owned government bank, the money they give to businesses is tax payers' money, so why not give the man more time to pay?
Its very easy to get the loan but hard to pay and banks are never ever your friends.
I met this gentleman in 2008 at UWEC he is incredibly funny and its fun listening to his speech
I loved the business model as a Ugandan, I am inspired for this innovation and Government should bail him out.
Bank should listen!!
It's one of our own
True it's one of our own, ndere mgnt shouldn't think of gov't bailing them out. The government itself is evil..
Banks are like hyenas, their major intention is to grab everything
.
It's unfortunate that even the people who are on top are not having it easy
Problem of bank money.
This is good reporting. Thanks
Exactly, let them sell shares or liquidate some of the properties. When they get back on their feet, they will reacquire them.
Save Ndere Center
My late hubby was among the dancers he had at ndere. This is sad
Loan is the evil rabbit hole on this earth but people won't understand
But no single big business has grown massively without borrowing
Organic growth is an option
@@bonnymeister10 we are greedy
Ministry of Tourism should come in and bail out a citizen .
This guy's business needs to be bailed out for sure. It is one of the few places that I can comfortably recommend tourists to go and see and experience the Ugandan culture. It would be a shame to see this business fail. Where is the BUBU initiative?
I wish Hon. Speaker could here this and take parliament sitting there to bail him with at least one billion.
I have been here twice with expatriates and the experience is phenomenal. This centre should be kept in the hands of the original visionary. The Government of Uganda should show up for him with the appropriate arrangement
Poor management!!
May the good Lord bail you out 🙏
Just watch the person who'll buy it 😂😂😂
Someone can start a GoFundMe crowd funding arrangement for this guy and see if his business can be saved.
Save please
Government should buy the equity.
What did the loan money do first? Then I can know where to place my feelings..
Mafias are going to take your property bamb😢😢😢
Government please help him
Quick math.
assuming the US dollar is at 3700, 120b UGx could be approximately $32.43m, and with a debt of 10.5b UGx Ndere troops might forfeit its assets for only $2.84m debt ,that’s an anomalous payoff of $29m. Where is the Uganda government when the people need it .
I would prefer to use that same amount of money to equip village hospitals ... than bailing out a tycoon out of his lavish life styles
@@richardwalusimbi337 🤣🤣🤣🤣
He should be bailed out, Rwagyenzi is a good person who has helped over 300 children with Ndere troupe
PLEASE SAVE NDERE CENTRE
Some people in government are already eyeing that land at a knock off price
The government should intervene. Options of liquidation or forced sale..that Consultant haven't considered an Investors mind set, the two means partly-death of his dream. More time atleast 2 - 3yrs should be granted to him and exhaust his options
Its a beautiful place....please lets keep the culture center
Go fund is a good idea... I pray his business is not taken...
He really needs a rescue to mantain the cultural center not to always focus on helping the mall owners
Just watch the space
So sad. The centre needs help
I pray God helps him.
Let him first account for the loan he got. What if he invested elsewhere and is earning from it but wants free bailout like ROKO
So, where did he put the billions he borrowed, if he didn't put it to use.
Bambi...bakuwe sente dear! Those thieves are bailing out Roko with 200+ bn why not just a 10bn?
If some one is not interested on taking it over..
This Uganda
Bail Ndere out.
I wish theres a way for government to buy into Ndere and turn it into a PPP. After all UDB is in part Uganda's.
The govt should bail him out.
I used to hear that ndere belongs to Janet. But I thought the main goal of UDB was to help businesses recover after the pandemic
They should upload this same video to go fundme and opewn an account....many people believe in his cause....im sure he'll get lots of support
He should get a 2b loan and put it on mancity and arsenal over 1.5
He won't win,no betting company can allow to lose 2bn
Mpaawo atalikaaba
Kasita ure enjoying coffee which am sure is from your farm 😂
We ways tells u interest business is not good and u keep on goin there don't tell us your problems
jobs that will be lost,
This guy talks and looks like Amama Mbabazi. Are they siblings?
Jesus Christ is the only way, the truth and the life (John 14:6)
All material possessions will vanish by time, bro be saved and receive salvation.
●Igongo (Mbarara) was saved from debt by tax payer's money.
●Ndere Centre wants the same.
●These men behave rich and in the end they beg from the government.
●The government will do for them what they need TRIBALISTICALLY but they need to know that those debts are their responsibilities.
Well spoken
Very insightful point.People should learn to be accountable and be contented.
Sembule was denied a help and collapsed but since you're a munyankore you might be helped by Museven even roko was given 300 billions
Don't say like that brother
In that case Let’s go ahead and conclude that everyone that has received government support is a munyankore
Oh please 🥺🥺 let's look beyond that
@@user-en1zc5vd6y check all the companies they gave free tax blifs recently they are all owned by Banyankore
The significance of Ndere is greater than tribes. Ndere serves Uganda.
Ebya Uganda bizibu the government just splashes money to musicians who are not contributing almost nothing but we just leave such business to be auctioned