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Stanbic bank refunds millions it had fleeced from customer

OUR REPORTER

After months of fighting for what rightly belongs to him, a no-nonsense Ugandan toiling in Canada has retrieved his sh. 4.8 million from the jaws of a predatory commercial bank.

Read more: Stanbic bank refunds millions it had fleeced from customer

Introduce Islamic banking to curb exploitation

By MOSES ALI

Article Summary: Islamic banks do not give loans to customers based on pre-determined fixed interest rates.  Under Islamic banking both profits and losses are shared by both parties. 

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Can Graduate Venture Capital Fund generate employment?

By MUHAMMAD K. MAYANJA

Summary: The amount set aside of sh16 billion is just peanuts for the 20,000 graduates produced each year to initiate meaningful productive activities. However, owing to the ill-preparedness of graduates for the world of work, the Fund can be used to enhance their entrepreneurial and technical skills for job creation.

Read more: Can Graduate Venture Capital Fund generate employment?

Why is the Muslim community so proud of this man?

By AHMAD LUWAGA

Summary: Having assumed the scarce scholarly rank of Professor of Literature, Abasi Kiyimba has been crowned the ‘Academic Achiever of the Year’ by the Uganda Muslim Network, an umbrella organization that unites Muslim NGOs. Dr. Ahmad Luwaga retraces the steps of the resolute Muslim activist whose investigation into the 1979 massacre of Muslims in Ankole reportedly piled panic in the heart of President Museveni.

Read more: Why is the Muslim community so proud of this man?

How I got my first job – part II

In the second of his How I got my first job series, Alfredo excels in Bank of Baroda written interviews but declines to go for the oral interview.

By ALFREDO THE UGANDAN

A few weeks after I went for the Office of the Auditor General (OAG) job interview, my sister told me about a job opening at the Bank of Baroda, or BoB, advertised on their website. The Bank was looking for “Banking Assistants” to take up positions at their various branches throughout the country – and yes, they did have an age limit of 26, so they were targeting mostly recent graduates like the author.

Read more: How I got my first job – part II