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Tag Archives: saving

Small banks pay higher interest to savers

Kampala, Uganda | THE INDEPENDENT | Saving with a smaller bank earns you a better return than you would get with glamorous bigger banks, analysis of the latest Bank of Uganda data compilation shows. The data which shows what the banks pay you and charge you shows that commercial banks outside …

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NSSF boss tips employees on saving culture

Kampala, Uganda | THE INDEPENDENT | The Managing Director of National Social Security Fund (NSSF), Richard Byarugaba, has urged employees to save for their future retirement. He said statistics in the East African region show that Uganda has one of the least saving culture which is not good for the economy. …

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BOA inculcates a saving culture among children

Kampala, Uganda | THE INDEPENDENT | Bank of Africa in partnership with I profile have this week concluded a 30 day long program dubbed ‘Koin Challenge’ aimed at instilling the culture of saving in children. The program saw participation of 13 schools in Kampala and Sembabule districts with over 320 participants …

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NSSF adds MTN mobile money platform to saving options

MTN strikes deal with NSSF,  backs formulation of mobile money law Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund (NSSF) has added the mobile money platform as an option for Ugandans to make their contributions. “We are making saving easier for Ugandans and more convenient on their phones,” said NSSF …

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