KENYA'S NEWLY ELECTED PRESIDENT WILLIAM RUTO HAILS UGANDA'S NSSF AS A MODEL SAVINGS SCHEME

Kenya's newly elected president, William Ruto, hailed the savings scheme of Uganda's National Social Security Fund (NSSF) as a model for Kenyans to emulate.

He made the remarks while speaking at a retreat for the Kenya Kwanza Parliamentary Group in Naivasha.

"Today, we are among the least savers in our continent," he said. "Tanzania has a better savings culture than us and yet they have a smaller economy. Uganda has a huge pension scheme, bigger than ours, and yet they have a smaller economy."

He said that he wanted to see the savings culture in Kenya rise so that it could be on par with its neighboring countries like Uganda, which have smaller economies but better savings practices.

NSSF UGANDA SET TO HOLD IT'S 10th ANNUAL MEMBER'S MEETING ON THE 27th OF THIS MONTH

The National Social Security Fund (NSSF) is set to hold its 10th Annual Members' Meeting on Friday 27th September 2019, at the Kampala Serena Hotel in line with its commitment to transparency and accountability to its members, stakeholders, and the general public.

The virtual AMM will convene members of the fund as well as other stakeholders to discuss the annual report and financial statements for the previous year.

During the meeting, members will be appraised of various Fund-related issues including the performance of the Fund's investments during the previous year, a progress report on projects under implementation and in the pipeline, and any other relevant topics. 

ECOBANK PARTNERS WITH XENTE TO SPONSOR THEIR INNOVATION OF VISA-ENABLED CARDS FOR SMEs AND CORPORATE CLIENTS

 

Ecobank Uganda has announced a strategic partnership with Xente to sponsor their innovation of visa-enabled cards for SMEs and Corporate Clients.

During the Xente Visa Card Launch held on Wednesday, representatives from the bank revealed that Xente will support its SME and Corporate clients with Virtual and Physical Cards using Eco Bank's Bank Identification Number (BIN). 

RUBIS ENERGY OPENS ITS ENJOY STORES IN MBARARA

Last weekend, RUBiS Energy Uganda officially opened its ENJOY convenience stores in Mbarara.

The 24-hour service shops provide a variety of groceries, alcohol, and beverages, among other items.

Ray G, a native of Mbarara, graced the launch and mingled with customers while awarding prizes to winners.

Below are some pictures from the event.