“The markets have already priced in post elections development and given that so far the electoral process has gone fairly well, markets will bounce back. It is only temporary,” said Steven Kaboyo, the Managing Director Alpha Capital Partners.
A cross-section of religious leaders drawn from Uganda and Kenya are leading the new drive which will start with an interdenominational prayer breakfast slated for August 20, 2022. This is informed by the sharp divisions that marred the succession processes of the former Emorimor, Augustine Osuban Lemukol who died in February 2022.
Kwizera garnered 12,214 votes while his rival Independent candidate Asgario Turyagyenda got 10,105 votes. Another independent Edward Mutabazi got 308 votes while Forum for Democratic Change (FDC) flag bearer James Owebeyi got 280.