In 2016, government contracted Swiss firm, Société Générale De Surveillance SGS to conduct mandatory vehicle inspection to ascertain their road worthiness with the aim of reducing carnage on Ugandan roads.
The Microfinance State Minister, Haruna Kasolo Kyeyune told Parliament that he has alerted the president on the matter and will respond soon. He also allayed the fears of the legislators, saying all is moving on well in the Central Bank.
Despite scoring highly, the search committee, declined to recommend Professor Moses Joloba for appointment on grounds that there were several complaints against him. However, the committee noted that there was no conclusive report on the status of the complaints as well as disciplinary action by either management or Appointments Board.
Juuko will replace Patrick Mweheire that has been the chief executive since 2015 but is now heading to Nairobi Kenya to be the regional chief executive for Stanbic operations for Kenya, Uganda, South Sudan, Ethiopia, and Tanzania.
Nyombi explained that mobile money agents face a number of challenges including increased insecurity in the form of kidnaps, robberies and illegal transfer of cash from their accounts. The association has over 180,000 agents across the East African region.
However, Nyombi says that the association has tried to engage the managers of the telecom companies in vain.