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Police in Uganda Investigate Front Page Micro Finance and Three Other Microfinance Firms
Ugandan Police are investigating four savings and co-operative credit organisations (SACCOs) suspected of fraud. They are alleged to be cheating their clients and making withdrawal of deposit money very difficult. The organisations are Front Page Micro Finance, Faster Micro Finance, Savings and Credit Cooperative Society Support Uganda Finance Limited and Stade Rugando Finance, all based in Kampala. According to the police up to 50 people have made complaints against the firms, accusing them of refusing to fulfill withdrawal requests completely and offering high-value loans against low-value collateral.

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5.6 Deciding on the right approach: Enterprise solutions to poverty
We took explicit account of this reality in adapting our model (viability, scaleability, business DNA and Shell Group assets) to develop a ‘market entry’ strategy into the Ugandan and South African energy SME sector. This strategy had four components:
5.7 Meeting the needs of the entrepreneur: Enterprise solutions to poverty
Simply making finance available in the $10,000 to $500,000 deal size was crucial to attracting the interest of Ugandan and South African SMEs since it had never been available before. But other features were also designed into the model to provide tailor-made support to entrepreneurs.
Ugandan Government Initiative to Subsidise Solar Power Equipment by 45% to be Implemented by Rural Microfinance Institutions (MFIs)
The Rural Electrification Agency (REA) of Uganda, a semi-autonomous public-private partnership created by the Ugandan Government, has announced a 45% subsidy, up from the current 14%, on all solar power equipment. The subsidy will be will be promoted through a network of rural microfinance institutions (MFIs), and non-government organisations (NGOs), who will be providing a cash payout to those who install the solar systems, or a loan or a loan-offset.
Police in Uganda Investigate Front Page Micro Finance and Three Other Microfinance Firms
Ugandan Police are investigating four savings and co-operative credit organisations (SACCOs) suspected of fraud. They are alleged to be cheating their clients and making withdrawal of deposit money very difficult. The organisations are Front Page Micro Finance, Faster Micro Finance, Savings and Credit Cooperative Society Support Uganda Finance Limited and Stade Rugando Finance, all based in Kampala. According to the police up to 50 people have made complaints against the firms, accusing them of refusing to fulfill withdrawal requests completely and offering high-value loans against low-value collateral.
Another Microfinance Institution (MFI) Closes in Uganda as Chaos Continues in the Sector
The Support Organisation for Micro Enterprises Development (SOMED), a microfinance firm in the Kibaale District of Uganda was shut down in December last year while police claim they are investigating allegations of extortion, embezzlement and fraud. The company had been offering low-interest loans since 2004.
Africa’s Looming Food Crisis can be Mitigated
Images of rioters in Egypt, Senegal, Cameroon, Burkina Faso and Mozambique (among others) clashing with police in protest against soaring food prices and Kenya’s abandoned internally displaced people all tell a similar story: Africa needs to retool its thinking.
Green Productivity
Going green has to be more than 'doing good' ... it has to make good business sense ... and it can. Go green before the 'green police' force you to!
Is There a Brand in Your Stand?
Watch out for the branding gurus. Beware of the branding police who focus only on images of brand. Fire the branding consultants who feel qualified to tell you what your brand should be. Ignore the branding zealots who proclaim "brand or die".
How Much Of Our Lives Will We Let Them Take Over?
Sometimes I really have to wonder about the "political correctness" of California, one of my home states. In fact, in California, "political correctness" is really just a politically-correct term for "liberal insanity." And these days, it seems the state's PC Police have a real thing about the U.S. flag.

Make More Sales By Using The Power of Authority
People are influenced by people with perceived authority. Sometimes it's the position (President, Pope or prominent sportsperson), sometimes it's the uniform (a police uniform, a construction worker's overalls, or even a business suit) and sometimes it's the title (Doctor, Professor or Judge), and sometimes it's their "aura".
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