Kampala, Uganda | THE INDEPENDENT | The 2024 Veterinary Wealth Sacco Annual General Meeting (AGM) will be held next Saturday, September 21 at Media hall, COVAB, Makerere University from 9am. The theme this year is “Empowering the Vets to unlock their full potential through financial inclusion.” The general secretary Uganda …
Read More »IGP Katsigazi: Police officers deserting over loans
Kampala, Uganda | THE INDEPENDENT | The Acting Inspector General of Police, Maj Gen Tumusiime Katsigazi, has some police officers deserted the force because of loans. Katsigazi, who assumed IGP roles on March 4, after his boss Martin Ochola’s contract expired said loan-related desertions are emanating from borrowing by impulse. Katsigazi …
Read More »UPDF SACCO ‘Wazalendo’ to hit shs.1trillion assets by 2025
Kampala, Uganda | THE INDEPENDENT | Colonel Freddy Joseph Onata, the Chief Executive Officer of the UPDF’s Savings and Credit Cooperative -Wazalendo, has expressed confidence to achieve their target of being a One trillion asset institution by next year. He said said the SACCO boasts a membership of over 100,000, share capital of …
Read More »Winners at dfcu 58th Annual General Meeting
Shareholders agree to increase remuneration for company chairman, directors by 20% Kampala, Uganda | JULIUS BUSINGE | Shareholders of dfcu limited voted overwhelmingly to increase the pay for the company chairman and directors during their 58th Annual General Meeting held at Serena Hotel on July 6. The virtual AGM, attended by …
Read More »A regulated pensions environment breeds transparency and accountability
COMMENT | Lydia Mirembe | There was a time when the retirement benefits sector in Uganda was defined by gross mismanagement, lack of transparency and accountability, outright corruption and brazen embezzlement of savers’ money. The establishment of a Sector Regulator since 2011, has provided a foundation for continued improvement in scheme …
Read More »Uganda Law Society cleared to conduct online AGM
Kampala, Uganda | THE INDEPENDENT | The High Court in Kampala has granted permission to the Uganda Law Society to conduct a virtual Annual General Meeting. The meeting that brings together more than 3,500 members is scheduled to take place on September 10, 2021. The permission follows a successful application by …
Read More »NSSF: It is double digit, 10.7% interest despite COVID-19
✳ Year – Interest 2012 ✅10.00% 2013 ✅11.23% 2014 ✅11.50% 2015 ✅13.00% 2016 ✅12.30% 2017 ✅11.23% 2018 ✅ 15% 2019 ✅ 11% 2020 ✅ 10.75% Members to earn Sh1.14 trillion on their accounts Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) has today declared an unexpected double …
Read More »Uganda Securities Exchange gives green light over AGMs
The delay and postponement of 2020 AGMs means that the final dividend payment may not be paid on time Kampala, Uganda | ISAAC KHISA | Now Uganda’s listed companies have until July.30 to hold their Annual General Meetings and determine their future growth, according to Paul Bwiso, the Uganda Securities …
Read More »USE suspends AGM’s over coronavirus pandemic
Shareholders will now not be able to vote on resolutions such as dividend payments, changes to directorships, approval of accounts within stipulated timeframe Kampala, Uganda | ISAAC KHISA | Uganda’s listed firms had big plans for their annual shareholders meeting (AGM) starting next month, giving opportunities to their owners and …
Read More »What interest rate will NSSF declare to savers today?
✳ Year – Interest 2012 ✅10.00% 2013 ✅11.23% 2014 ✅11.50% 2015 ✅13.00% 2016 ✅12.30% 2017 ✅11.23% 2018 ✅ 15% 2019 -……….. Kampala, Uganda | THE INDEPENDENT | Ten days after cautioning that National Social Security Fund (NSSF) will pay a lower interest rate on account of a drop in its total …
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