Kampala, Uganda | THE INDEPENDENT | Hundreds of passport applicants have been fleeced money for photos. Wampewo Police Post and Jinja Road Police Station receive several cases of people being defrauded outside the immigration offices at the Ministry of Internal Affairs at Port Bell Road. Simon Peter Mundeyi the Spokesperson for …
Read More »Mbarara, Uganda | THE INDEPENDENT | An audit report on the operations of Mbarara Central Market Vendors Savings Cooperative Society has found that part of the money donated by President Yoweri Museveni can not be traced. The SACCO received sixty million shillings from the president as a donation for startup …
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SPECIAL REPORT | THE INDEPENDENT | The Minister of Finance Matia Kasaija has urged money-lending institutions to exhibit a high degree of honesty and integrity. Kasaija was speaking at the opening ceremony of the Goldmine Finance Branch at Kabalagala. He noted that most banks and money lending institutions only prioritize collecting …
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Kampala, Uganda | THE INDEPENDENT | The Financial Action Task Force (FATF) – the global anti-money laundering watchdog— estimates that environmental crime is one of the most profitable criminal enterprises, generating around USD 110 to 281 billion in criminal gains each year; however, its latest figures suggest that less than 1 …
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Study shows cash grants help people live longer and have better memory function ANALYSIS | AGENCIES | Nearly half of South Africa’s 60 million people receive social grants, ranging from child support to pensions. The grants are designed to provide financial assistance to people living in poverty. The largest components of …
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Visiting transparency body says government should give citizens more information Kampala, Uganda | RONALD MUSOKE | Representatives of civil society organisations working in Uganda’s extractives sector (oil, gas and mining) want money and more freedom to check on the government’s pledge to be transparent and accountable to Ugandans. That is what …
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AfDB shows innovative financing tools it should focus on for green growth cash Kampala, Uganda | RONALD MUSOKE | The Ugandan Government needs to integrate innovative financing tools; including green bonds, carbon markets, debt-for-nature swaps and blended financing if it is to start attracting more private resources urgently needed in Uganda’s …
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How the Digital Revolution Is Transforming Currencies and Finance ART | ESWAR S. PRASAD | Are cryptocurrencies the next big investment, a fad, or a currency that will transform the economic and financial landscape? What are some of the advantages and shortcomings of digital currencies? Who will benefit from these new …
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Now the party appears to be over and the cleaning up of the financing models must start COMMENT | JOSEPH WERE | The National Association of Broadcasters, media managers and experts, the ministries of Finance and that of ICT and National Guidance, are debating whether the government should give its advertising …
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Why money will keep rocking Besigye’s party COVER STORY | IAN KATUSIIME | One of Uganda’s main opposition parties, the Forum for Democratic Change (FDC), is in disarray as an ongoing fight for its leadership has degenerated into allegations of bribery and illicit money. Accusations of dubious procurements, ferrying of …
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