National Social Security Fund has today declared an interest rate of 10% on member savings for the financial year 2022/23, translating into Shs 1.591 trillion that will be credited to member accounts. The interest rate that is higher than last financial year’s 9.65%, was announced by Matia Kasaija, the Minister
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Standard Chartered Bank branch on Kenyatta Avenue. FILE PHOTO | NMG Standard Chartered Bank Kenya is closing accounts of small businesses that fail to hit a monthly cash inflow of Sh10 million, a move the institution said has mostly affected inactive clients. The move has seen affected small and medium-sized
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The good old days. Byarugaba and Ayota at an event early last year Richard Byarugaba, the former managing director of the National Social Security Fund-NSSF has petitioned the High Court to annul the appointment of his successor, Patrick Ayota. In his application before the High Court Civil Division, Byarugaba argues
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NIRA Spokesperson, Osborn Mushabe The National Identification Registration Authority (NIRA) and Police have declared operations against money lenders confiscating National Identify Cards. Osborn Mushabe, the NIRA spokesperson said many money lenders have continued to defy warnings and have continued taking National IDs as security for loans. Mushabe said a decision
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Nile Breweries staff pose for a photo during the launch of the smart drinking campaign dubbed “Enjoy Like a Boss – Be a Champion of Moderation” aimed at promoting responsible alcohol consumption. Nile Breweries Limited has today launched a smart drinking campaign dubbed “Enjoy Like a Boss – Be a
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Aya’s Pearl of Africa Hotel South Africa’s financial institutions like International Development Corporation (IDC) projects itself as a self-financing national development finance institution whose primary objectives is to contribute to the generation of balanced, sustainable economic growth in Africa. However, the experience of some Ugandan investors with the institution does
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Hawkins Musili is the General Manager of Fahari Aviation. FILE PHOTO | POOL Kenya Airways' subsidiary Fahari Aviation has expanded its drone fleet on the back of higher demand for precision agriculture solutions. The 14 additional drones will be used in spraying crops and spreading farm inputs and land inspection.
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Justice Musa Ssekaana made the decision. The High Court has upheld the decision of schools to indefinitely suspend students found in possession of drugs that may endanger public safety, health, and morality. According to Civil Division High Court Judge Musa Ssekaana, schools have a broader duty to protect the welfare
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Part of the procured 47 male goats The implementers of the Exotic Goat Rollout Program, initiated by President Museveni to boost goat farming and meat exports, are grappling with financial challenges that threaten the project's success. Launched in 2019 as a five-year initiative, the program aims to bolster goat meat
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URA Commissioner General, John Musinguzi (R) with the High Commissioner of Pakistan, His Excellency Muhammad Hassan Wazir The Uganda Revenue Authority (URA) Commissioner General, John R. Musinguzi has urged the Pakistani community to invest in Uganda, revealing that the incentives are good. Musinguzi made the remarks as the High Commissioner of
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