Pai Kamoga

Why do people invest in #UnitTrustFund especially in @OldMutualUganda

Tuesday is a Numbers Day! Mobile money loans in MTN Uganda are estimated to have over UGX 1 trillion currently owed by customers and over UGX 2.5 trillion is being borrowed every year through digital lending, wow! Like wow! 👉 Trillions being borrowed 👉 Mostly for short-term needs 👉 Repaid quickly then borrowed again This tells a bigger story about us. We are becoming a borrowing society, not necessarily a #planning and #investing society. Every day, we receive messages encouraging us to borrow instantly but how often are we reminded to #save consistently or #invest wisely? The amounts borrowed have a "facilitation Fee" of 9% over 30 days. You can borrow from UGX 3k to 1.5m which money is usually for emergency needs and for consumption purposes leaving the person to get trapped in that cycle because its accessible. Borrowing is not bad, but depending on it is expensive especially when its right in your face and just a click away. ✔️ Plan your finances ✔️ Live within your means ✔️ Let your money work for you You can as well embark on a savings journey with a #LifePolicy or a #UnitTrust For your #insurance and #investment needs, talk to @TheInsuranceG_y. #FinancialWellness #MoneyMindset

The evolution of the #UnitTrustFund is a journey worth understanding because it’s not just about saving money, it’s about building wealth the smart way. Today, I’ll be hosting the CFO of @OldMutualUganda Investment Group on my podcast, #TheAfterMathShow. We’ll be diving into how #UnitTrustFunds have grown over time, the opportunities they present today, and why more people are choosing this path for financial stability. Catch the full conversation on my YouTube channel – Kamoga Pai. After the show, you might just be inspired to start your own unit trust journey. And if you’re already invested, remember that the goal is not just to start, but to keep growing consistently. #FinancialWellness @CmaUganda @urbraUg @GgoloobaN

Today we had an @OldMutualUganda leadership workshop to bring us to speed on the current status of the #UnitTrustFund business which stands at 63% of the market share. Thanks to @BrandHelp1 and @lyn2ki who gave us some insights on leadership. #FinancialWellness

@therealkinyonga @GODFREY_Kutesa Hahahah Anyway, there is no formula to these things U can still date for 10yrs and fail to get married

@TheInsuranceG_y @GODFREY_Kutesa Divorce could be more expensive though, no ?

And the other thing: STOP taking girls on stupid dates. Dates are a waste of time and your hard earned money unless she’s paying for it. If the girl loves you, refuse any sort of dates and expensive dinners. Suggest a kukyala and make something serious. Things are tight now on men

@LLuziira @DouglasLwangaUg If you want to earn 100m in 5yrs, you need to save 1.4m per month

@TheInsuranceG_y @DouglasLwangaUg Is that what each sum attracts per year??

🤷🏾‍♂️🤣

@TheNobodyG Its addictive

@TheInsuranceG_y I need to stop the momo advance from mtn

Every single day, I get reminders from my banks, MTN and Airtel about quick loans. But rarely, if ever do I get reminded to #save or #invest. It makes me wonder, must we survive on borrowing? When did debt become the default solution to every financial need? The truth is, many people are being conditioned to borrow first and think later. Constant messages, easy access to credit, and instant approvals create a dangerous cycle where a few benefit, but many end up trapped, struggling to stay afloat. This is how a debt culture is quietly built. But it doesn’t have to be this way. With proper planning, discipline, and a mindset shift, it is absolutely possible to live within your means, grow your money, and avoid unnecessary debt. Yes, calculated debt has its place, especially when it creates value or generates income. But borrowing all the time? That’s not strategy, that’s survival mode. We need to start asking ourselves: 👉 Are we borrowing to grow, or borrowing to cope? 👉 Are we building wealth, or just financing our lifestyle? Financial freedom isn’t found in how much you can borrow, but in how well you can manage, save, and invest what you already have. Let’s normalize wealth creation over debt dependency. #FinancialLiteracy #MoneyMindset #DebtManagement

@DJuliohpro @AKasingye Haha

@TheInsuranceG_y @AKasingye So who has twitted now

#UnpopularOpinion #692. Spending 20m shilling in a bar in one night even if you were rich, is a sign of poor judgement, lack of wisdom & common decency.

@beewol The keeper was like that arsenal keeper

Oh my word!!! Mustafa Kizza should have his name on the shortlist for the Puskas Award. This is incredible!

@finwellguy Listen to some old skool RnB

How do you recharge on a Sunday?

@CarolPrim3 Pay them 200k then encourage them to save atleast 50% in the #UnitTrust and when they decide to leave after 2yrs, they will rich, go back to the village and buy land

But do we still have shameless people who pay their maids 200k??😳

@EACNetizen @AKasingye @Kusaasirarita Hahaha

@mugabicollin10 @AKasingye Does the person 'washing' money get it back?

@AKasingye Anyways money is being washed that way in disguise of having high bar bills

@Muganzisecure Nice one, now u av the 1 acre, u av the idea ,now the money to start?

. “If You Had 1 Acre Today, What Would You Do With It?” Someone once asked me a simple but powerful question: “If I gave you just 1 acre of land today, what would you do with it?” I didn’t answer immediately because the truth is most of us spend so much time dreaming about owning land but we rarely think deeply about how to actually use it well. We assume once we have land, everything else will figure itself out but that’s not how it works. Many people if given that 1 acre would rush into the usual routine. They would plant maize or beans wait for the season, harvest, sell and repeat the same cycle. It feels safe because it’s what everyone else is doing. But over time, that approach keeps people busy without really moving them forward. The land is working, yes but it’s not necessarily working for them. The reality is that 1 acre is not small. If approached with the right mindset it is enough to build a steady and reliable source of income. The difference comes in how you think about it. Instead of seeing it as just a piece of land for growing crops you begin to see it as a business that must generate returns regularly not just once in a season. If I had 1 acre today, I would plan it intentionally. I would combine crops that bring in quick income like vegetables that can be harvested weekly with longer-term investments like coffee or fruit trees that build value over time. I would also integrate small livestock not just for additional income but to support the system with manure and reduce costs. Every section of that land would serve a purpose and every activity would be tied to a clear income strategy. Because the more you observe the more you realize that in Uganda, growing crops is not the biggest challenge. The soil is fertile, and the climate is favorable. Things grow. But turning that growth into consistent and meaningful income that is where many people struggle. We plant without a clear market in mind, we follow trends without understanding them and we wait for harvest without a real financial plan. What if we changed that approach? What if before planting anything, we first asked ourselves who we are producing for, how often we expect to earn from the land and how we can make that income more consistent? That shift in thinking is what transforms a small piece of land into a real opportunity. So the question still stands and I’ll ask you again: if you were given just 1 acre of land today what would you do with it? Am waiting for your answers I know they can help someone out there with a plan for their land For God and my country

Photo credit by @Mugabiarts I am sorry sir, I had forgotten to appreciate your 1m dollar camera

If your boss is not cool like @TumwesigaEdmund ask to join another department. @OldMutualUganda Agency awards 2025 @CmaUganda @IraUganda @The_UIA @UIAAssociation @urbraUg