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MAUTO, the leading electric motorbike and battery-swapping provider has signed a partnership agreement with the government of the Republic of Uganda for the deployment of more than 140,000 electric motorbikes and 3000 charging and swapping stations over five years. The new brand identity of MAUTO is SPIRO, which launched in Africa in May 2022 and plans to expand into ten countries by 2030. The partnership was signed between SPIRO Chief Executive Officer, Mr. Shegun Adjadi Bakari; Gen. Edward Katumba Wamala, Minister of Works and Transport; Hon.Henry Musasizi, State Minister for Finance (General Duties) and Hon. Jackson Kafuuzi, the Deputy Attorney General. According to…
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I understand the Finance, Planning and Economic Development Committee which you chair, together with the Gender, Labour and Social Development Committee are spearheading the process to amend the NSSF law. How far have we gone, especially on the issue of partial access to member savings? Yes, we are handling the NSSF Amendment Bill. Last week, we built a consensus on the famous mid-term access. Basically to qualify, for midterm access, a member will need to have saved for more than 15 years and be below 45 years of age or be between 45 and 55 years old and has saved…
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Preliminary reports from Parliament, indicate that MPs on the Gender, Labour and Social Development and the Finance, Planning and Economic Development committees have agreed to a revision in the current NSSF Amendment Bill that allows qualifying NSSF Members to access up to 20% of their savings. To qualify, for midterm access, a member will need to have saved for more than 15 years and be below 45 years of Age or between 45 and 55 years, but has saved for more than 10 years. “It is a proposal we have built consensus on,” Hon Musaasizi Henry, the Chairman of the…
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