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Tag Archives: money

More African billionaires

Kampala, Uganda | THE INDEPENDENT | Buoyed by rising stock markets and commodity prices, Africa’s billionaires are collectively wealthier than a year ago. The 23 billionaires that Forbes found in Africa – up from 21 billionaires last year — are worth a combined $75.4 billion, compared to $70 billion in January …

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Clogged drain? Could mean toilet is flush with cash

Geneva, Switzerland | AFP | If someone tells you they flushed more than a hundred grand down the toilet, chances are they’re referring figuratively to a bad investment, or an outrageous extravagance. But in Switzerland, prosecutors have opened an investigation into why two people literally tried to cram about 100,000 euros …

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Stanchart, MTN sign agreement for money collections

Kampala, Uganda | JULIUS BUSINGE | Standard Chartered Bank and MTN Uganda Limited have signed an agreement to allow MTN Mobile Money collections for corporate and business clients directly into their bank accounts, officials said in a press release shared on Sept. 15. The new service is called Straight2Bank Wallet Collections …

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Govt ordered to defend itself in Ssemwanga funeral court case

Government given 15 days to defend itself in the Ivan ‘Don’ Ssemwanga funeral money court case The High Court in Kampala has  given the Attorney General and Bank of Uganda 15 days to file a written defence explaining why they never restrained socialites from the self styled “Rich Gang” from …

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Year 2016: A year of big money sport deals

Paris, France | AFP | Money flooded into sport in 2016 faster than ever before and flooded out in the shape of fatter salaries for the stars who have become multi-million business brands. Paul Pogba’s world record transfer to Manchester United set the tone for a year of big money …

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