Concerns Raised About Fuxi Microfinance Ug Ltd Operations – The Ankole Times

Concerns Raised About Fuxi Microfinance Ug Ltd Operations

Friday, May 17, 2024

Egesa Ronald Leonard, an international education enthusiast and political/business strategist, recently made public allegations regarding the operations of Fuxi Microfinance Ug Ltd, particularly concerning its call center located in the Kamwokya area. Leonard claims to have obtained information regarding the company’s registered proxy owners, Arnold Muwanguzi and Rhona Namatungo, along with their contact details.

According to Leonard, Arnold Muwanguzi serves as the Head of Agent Operations at Fuxi Microfinance Ug Ltd, while Rhona Namatungo holds the position of Head of Human Resources. However, Namatungo’s phone is currently switched off, and Muwanguzi has reportedly blocked calls from individuals inquiring about the company.

Expressing frustration with the perceived inaction of the Ugandan Police despite providing them with information and leads, Leonard announced intentions to take matters into his own hands. He stated plans to employ the “Hamurabi code,” applying the principle of “a tooth for a tooth and an eye for an eye” on the individuals associated with Fuxi Microfinance Ug Ltd.

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Leonard’s statement suggests a strong stance against what he refers to as “illegal online loan apps.” He asserts that action must be taken to halt such activities, indicating a determination to address the issue directly.



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