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. …
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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. …
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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 …
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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 …
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The Independent Uganda: You get the Truth we Pay the Price