Tag Archives: assets

Kampala, Uganda | THE INDEPENDENT |  Watu Uganda, an asset financier, has become the latest financial institution in Africa to receive an esteemed Client Protection Certification from Microfinanza Rating (MFR). This significant achievement underscores Watu Uganda’s commitment to advancing financial inclusion and responsible lending practices, announced during their Customer Service …

MOSCOW | Xinhua |  Russia will retaliate if its frozen assets are confiscated, Kremlin spokesman Dmitry Peskov said Monday. The U.S. House of Representatives on Saturday approved a series of foreign aid bills, including measures to confiscate frozen Russian assets to fund Ukraine. “This is an encroachment on state property,” …

The scheme’s MD Patrick Ayota says  he is confident the Fund will achieve its strategic objectives as scheduled Kampala, Uganda | THE INDEPENDENT | Uganda’s national savings scheme, National Social Security Fund (NSSF), has hit Shs 20 trillion in Assets Under Management (AUM), one and a half years ahead of schedule, …

The Fund targets to increase contributors from the current 10% to 50% of the country’s workforce during the same period Kampala, Uganda | JULIUS BUSINGE | National Social Security Fund hopes to increase its assets from the current Shs 18.4 trillion to Shs 50 trillion by 2035, according to the Fund’s …

Kampala, Uganda | THE INDEPENDENT | Uganda’s Deposit Protection Fund has recorded a 15% surge in assets to Shs 1.15 trillion for the year ended June 2022, with investments held in government treasury bills and treasury bonds. Financial results released on Jan.31 show that the fund’s surplus and reserves account increased …

Masaka, Uganda | THE INDEPENDENT | There is a sharp dispute between Masaka district and the City Council authorities over sharing of immovable properties. The current dispute arises from attempts by Masaka City Council to relocate their administrative offices to the district headquarters at Kitabiro cell in Nyendo-Mukungwe division. The misunderstanding …

Beijing, China | Xinhua | The United States is simply not qualified to talk about democracy and human rights. What the United States should do is immediately lift its illegal freeze on the assets of the Afghan central bank, a Chinese Foreign Ministry spokesperson said on Tuesday. Spokesperson Wang Wenbin made …

Beijing, China | Xinhua | China’s Foreign Ministry on Friday urged the United States to unconditionally return assets belonging to the Afghan people and take concrete actions to repair the damage caused to them. Global Times, an English-language Chinese newspaper, launched an online petition on Thursday, calling on the U.S. government …

Kampala, Uganda | THE INDEPENDENT | The Office of the Inspector General of Government-IGG has said it lacks enough funds to verify all declarations of income, assets and liabilities made by persons in leadership positions and public offices. The amended Leadership Code Act, 2021 makes it compulsory for all public officers …

Masaka, Uganda | THE INDEPENDENT | The roads committee of Masaka city has called for a special inquiry into the management and allocation of public properties in the area. The inquiry was mooted during a city roads committee meeting that was convened to review expenditure reports and consider priority projects to …