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Monday, January 24, 2022

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Banking and Finance

Airtel to give away shs1.5bn to mobile money users

Airtel to give away shs1.5bn to mobile money users

Stanbic Bank, MoH partner to offer low interest loans to health workers

The bank says there will be no arrangement or processing fees charged when health workers seek to top up or take new loans.

Supreme Court outlaws liquidation of Crane Bank

According to the Court, the bank was closed as a financial institution and placed under receivership and hence after closure, it ceased being a financial institution.

NSSF to pay savers an interest rate of 12.15%

The new rate represents shs 1.52 trillion shillings which is above the 10 years average rate of inflation which currently stands at 5.43%.

BoU withdraws case against Dr. Sudhir Ruparelia

Before withdrawing from the case, the central bank had appealed up to the level of Supreme Court. The appeal followed BoU’s losses with costs, at both the Commercial Court and Court of Appeal.

Kampala traders task Kadaga to stop prohibitive tax regime

The Speaker of Parliament, the Rt Honorable Rebecca Alitwala Kadaga has described the nrew textile tax regime as shocking.

Latest news

Policeman allegedly shoots himself dead at Nsambya barracks

He added that all had been exhibited and body taken to city mortuary Mulago for a post mortem.

CHRISTOPHER SEMBUYA (1935 – 2022): The story of a visionary African industrialist ignored by his own government

Sembuya was a passionate believer in African run business and he wrote a small book, “The other side of Amin Dada!” In it he noted Amin emancipated and supported African businessmen like him start industries.

Nbs,bbs,21 other tv stations in hot soup over copyright infringement

UCC has also demanded “proof and evidence of acquisition of copyrights and broadcasting rights” for the concerned programmes “in line with Clause 18 of Schedule B of the License Agreement executed between the station and the Commission.”

Shock as three family members electrocuted in Wakiso

According to police, neighbors noticed the incident and disconnected the power before they removed the bodies that have now been conveyed to the city mortuary in Mulago for postmortem.

Two arrested for stealing number plates in Kajjansi

The two suspects, police said have been stealing the number plates from areas of Lweza B, Kitende, Sekiwunga and Bwebajja all in Kajjansi Town Council, Wakiso District.

Mutebi, Mayanja unveiled at AS Kigali

Mutebi has been without a coaching job since March last year when he and KCCA FC mutually agreed to terminate their working contract.

Venezuelan drug trafficker among 79 prisoners pardoned by president Museveni

Venezuelan Doralys Rodriguez Fagundez was listed amongst other 78 male and female Ugandan nationals -now released- from about 15 separate prisons across the country.   

Doctors ask for Kampala- Entebbe express highway toll fees waiver

This, UMA says once waived off, will ease their movement while attending to emergencies.

Museveni finally signs NSSF bill into law

President Yoweri Museveni has finally signed the National Social Security Fund (NSSF) Amendment Bill 2021 into law.