Tag Archives: schemes

Kampala, Uganda | AGENCIES | Consumers are under a lot of financial strain. The World Economic Forum reports that the cost-of-living crisis is affecting people across the globe. With food and fuel prices rising, it’s becoming increasingly difficult to keep financially afloat. On top of that, salaries aren’t keeping up with …

Kampala, Uganda | THE INDEPENDENT | Parliament has passed a resolution asking the government to ban all Ponzi and Pyramid schemes. According to an earlier statement by the Central Bank, Ponzi or Pyramid schemes were described as fraudulent investing scams promising high rates of return with little risk to investors. The …