Tag Archives: money

By William White It is impeding the necessary process of deleveraging, threatening the `independence’ of central banks, raising asset prices The world’s central banks are engaged in one of the great policy experiments in modern history: ultra-easy money. And, as the experiment has continued, the risk of failure – and …

By Andrew M. Mwenda How NRM’s level of organization has made it impossible for the Opposition to mobilize the masses against Museveni Sections of the opposition in Uganda have been arguing that it is through violence that President Yoweri Museveni has been able to sustain his political power. While this …

By Andrew M. Mwenda How Museveni has shifted from reliance on military force to coerce political support to the use of money to rent it My article, “What keeps Museveni in power” (The Independent April 12-18), attracted the most intense debate on our website. Apparently, most critics of President Yoweri …

 By Peter Nyanzi Racket involves officials in Bank of Uganda, Ministry of Finance, Accountant General’s Office, Treasury AG recommends prosecution, recovery of billions from private companies, Centenary Bank, district officials, army veterans and other individuals Probe could lead to wide ranging reforms in how ministries manage public funds Government awaits …

By Eriasa Mukiibi Sserunjogi Money, NRM intrusion and jostling for Besigye’s chair rock the main opposition party The brush between Leader of Opposition Nandala Mafabi and FDC Members of Parliament reflects a deeper problem in Forum for Democratic Change (FDC), Uganda’s leading opposition party. The Independent has learnt that as …

By Eriasa Mukiibi Sserunjogi There could be a racket in the Ministry of Health swindling money meant for medical students A number of students who had been sent to study abroad have had their scholarships cancelled and they have been advised to return to Ugandan universities, The Independent has learnt. …

By Julius Businge Bank of Uganda to introduce consumer protection mechanism What would make you borrow Shs 500,000 from a money lender at an interest rate between 15% and 30% per month? Many reasons but at the heart of each is on common feature; desperation – you want money badly. …

By Maya Prabhu Hot deals lure mobile money subscribers into cash-less class Mobile money first became available in Uganda a little over a year ago, and represents potential solution to the poor access to financial services that is a problem in many developing countries. In neighbouring Kenya, Safaricom has already …

By Patrick Kagenda As Zain (U) last week launched its Zap Mobile Commerce, a mobile phone based money transfer servicein Uganda in partnership with Standard Chartered Bank, in neighbouring Kenya Safaricom was launchinga similar service, Hello Money in partnership with Barclays Bank (K) Ltd. In Uganda, Standard Chartered Bank becomes …