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In The Magazine

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MTN’s MoKash to the rescue

Telecommunication giant MTN Uganda this week launches yet another ground-breaking product. The initiative, dubbed MoKash, which is being set up in partnership with Commercial Bank of Africa (CBA), will benefit all registered MTN Mobile Money subscribers who will be able to take small loans in a matter of minutes. What makes …

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Hepatitis: Ignored killer

Patients go without drugs as billions are spent on vaccines World Hepatitis Day was marked on July 28 under the theme, `Know hepatitis Act now’. It was designed to focus this year’s activities on increasing global awareness and strengthening prevention, diagnosis, and treatment services around the world. The increased focus …

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Uganda’s much-discussed bailout

On March 31 2016, the total value of all loans in Uganda’s commercial banking industry was Shs21.7 trillion of which Shs528 billion were non-performing loans (or “bad loans”) i.e. 2.64% of the total. Under the effective oversight of Bank of Uganda, especially its director for supervision; Justine Bagyenda (known in …

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ART: Diving into the deep

History in Progress Uganda (HIPU), the historic photograph collecting and publishing team has published yet another archive. Once again it is from St. Mary’s College Kisubi, one of the most prestigious schools in Uganda, writes Dominic Muwanguzi. Titled ` Dive into the Deep: Ebifananyi 6’, it is a sequel to …

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Uganda pension assets up 25%

Pension sector assets topped Shs 6.5 trillion in 2015, a new report by the Uganda Retirements Benefits Regulatory Authority (URBRA) has shown. URBRA CEO David Nyakundi told journalists that the increase in the assets was attributed to the improving quality of governance in both public and private schemes in the …

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NSSF’s stock market woes

  2015/2016 has not been a good year for investors in listed companies on the Uganda Securities Exchange (USE).  Given that the National Social Security Fund (NSSF) is the biggest holder of shares in locally-listed companies, there is anxiety.  Some 21% of NSSF’s total value is in equities, with 73% …

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