Finance

The National Social Security Fund (NSSF) has introduced the Smartlife Savings Plan, a voluntary savings product aimed at reaching more Ugandans, especially in the informal sector and the diaspora.

NSSF Launches Voluntary Savings Product for Informal Sector and Diaspora

(Kampala) - The National Social Security Fund (NSSF) has launched a new voluntary savings product called the NSSF Smartlife Savings…

Matia Kasaija New Law Protects Borrowers from High Interest Rates

Interest Rates for Moneylenders Capped at 2.8% Per Month

(Kampala) - The Ugandan government has set a maximum interest rate for moneylenders to curb exploitative practices targeting individuals in…

Exposed: 60 Rogue Loan Apps Ugandans Must Avoid Like the Plague

Uganda’s Newest 'Kijambiya' Threat: 59 Illegal Loan Apps to Avoid Like Bad 'Kalo' In a city where everyone’s got a…

Money Lenders Reject Interest Rate Limits by Parliament

(Kampala) - Uganda’s moneylenders have rejected the newly passed Tier 4 Microfinance Institutions and Money Lenders Bill, 2024, which now…

(Kampala) - The Uganda Revenue Authority and the Financial Investigations Authority are collaborating with the United Nations Office on Drugs and Crime to enhance investigations and prosecutions related to tax crimes and money laundering.

Workshop on Tax Crimes and Money Laundering Held in Kampala

(Kampala) - The Uganda Revenue Authority (URA) and the Financial Investigations Authority (FIA) recently hosted a workshop at Sheraton Hotel…

The Makerere University Retirement Benefits Scheme (MURBS) has declared a 13.40% interest on members' balances for the financial year ending June 30, 2024, during its 14th Annual General Meeting.

Makerere Retirement Scheme Declares 13.40% Interest for Members

(Kampala) - The Makerere University Retirement Benefits Scheme (MURBS) announced an interest rate of 13.40% for its members during the 14th…