🇺🇬 “These NSSF benefits are personal rights. And someone is saying you waive off someone’s right. So if Parliament approves this waiver, who is going to remit this money to the beneficiaries that are giving labour to this company?”
Katikamu County North MP Denes Sekabira says the Committee was told Fresh Cuts has NSSF arrears and continues filing monthly returns, raising questions about what happens to workers’ contributions if Parliament grants the company tax relief.
“I therefore object to this approval and associate entirely myself with a submission of the Opposition.”
Airtel investors Cashing in🫰!
@Airtel_Ug shareholders will receive a Q2 interim dividend of Ugx3.10 per share, bringing the H1 total to Ugx4.90. This proves once again the value of dividend-paying equities! 📊📱
FINANCIAL HEALTH: IT’S NOT JUST ABOUT HOW MUCH YOU EARN
Financial health is not about how big your earning is, rather how you handle the money you receive.
Two people can earn UGX 1 million a month.
"Wake up and unite, because the day you stop fighting each other, is the day their power begins to shake like a table with one leg,"
Hon hippopotamus warns the citizens of The Animal Kingdom to be careful about politicians
We have a responsibility of teaching our young people that wealth isn’t built through creating impression, it is built through financial prudence (discipline), patience, savings, investment and productivity.
UNDERSTANDING INCOME AND WEALTH IN TRANSFORMATION PATH-WAY
Many households earn income, but a few build wealth; a Barber earns daily income, a teacher earns monthly, a farmer sells produce every season but after 10 or even 20 years,...
If you are in your 40s, you may already have done the hard work of saving for retirement. You just don't realize it yet!
If you own a paid off home and car, UGX 300M+ in NSSF savings, & UGX 150M in other liquid investments like unit trusts, 1/3
"Chairman, a country without reserves is not sovereign. The potential of this Bill to destabilize Uganda’s balance of payments is our primary concern as a central bank. For example, last financial year the overall balance of payment surplus was USD 1.5 billion. That’s how we were able to increase our reserve coverage by USD 1.5 billion. Today as we speak our reserves are close to USD 6 billion. Why? Because these inflows have been coming in. The moment you tamper with these inflows here, we risk running down our reserves, and that is economic disaster for a country.” Governor Atingi-Ego on the Protection of Sovereignty Bill 2026 in an appearance before Parliament today.