Tag Archives: Fund

How to build an emergency fund in Uganda

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By Martin Mulindwa Seguya In an unpredictable economy, a financial safety net is more vital than ever. A reasonably stocked emergency fund is essential for weathering life’s unexpected storms without falling into a cycle of debt. While saving may seem daunting, especially in this economy, it is necessary for financial stability and wealth-building. What Exactly Is an Emergency Fund? Advertisements …

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ON SPOT! Staffer Accuse Bank of Africa Uganda of Phantom Overdrafts, Provident Fund Misuse, and Economic Captivity

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Kampala, Uganda – Fresh evidence has emerged in the explosive case against Bank of Africa Uganda Ltd, placing the lender at the heart of what staff members describe as a systemic scheme of financial exploitation, coercion, and misappropriation targeting both customers and staff. In addition to the High Court affidavit filed by former staff member Michael Mwesigwa exposing coercive loan …

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