CDF Muhoozi Tips UPDF Soldiers on Investing Wisely

The Chief of Defence Forces (CDF), Gen David Muhoozi has appealed to officers and men of the Uganda People’s Defence Forces (UPDF) to be cautious while deciding where to invest their money. He advised them to consider investing in profitable ventures instead of wasting their hard earned income on living luxurious lifestyles.

Gen Muhoozi was Thursday delivering a lecture on ideology to the UPDF Battle Group 20 who have been undergoing an orientation course at the Peace Support Operations Training Centre in Singo, Nakaseke district.

“Use the financial literacy acquired during the two-week long ideological course to invest in profitable and sustainable business avenues to improve on your welfare,” the CDF told those that participated in the training.

“Do not hurriedly make uninformed decisions to avoid making mistakes,” he further urged. He said that Uganda has a variety of investment opportunities that they must assess prior to making a decision.

He warned the soldiers against investing in luxuries to avoid wasting their income, wondering why someone would choose to buy a phone worth the value of twenty goats.

The course covered post mission counseling and guidance, financial literacy, history of Uganda, the role of parents in building families, Pan Africanism and regional integration.

Battle Group 20 has been performing a peace support mission in Somalia under AMISOM with support from the African Union.

Gen Muhoozi commended the soldiers for their brevity and discipline in the region which has attracted other regional armies to participate in the 2018 EAC Armed Forces Week in Bukedi region.

He reaffirmed his commitment to improve their welfare despite the many challenges, reminding them of the history of the Force.

During the course in Singo, Battle Group 20 Commander, Col Bernerd Arinaitwe Tuhaise was the best in command control while his deputy, Lt Col Alex Behenyangi Namara was rewarded for being very obedient and punctual.

Other rewardees were Maj Robert Namanya, Capt Alfred Olama, Capt Jacqueline Nakayenzye and WO1 Sabiti Robert.