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NTV Interview about Mazima Retirement Plan


As Mazima Retirement Plan is looking to reach out to “Omuntu wa wansi”, we had an interview with NTV to discuss about the challenges that people face or hinder them to save for their retirement or why they choose to save with Mazima. A few of our savers shared their views on the platform.

“Some of the women really are prefer to keep our money close to them (“sente ye kikazi”) in case your husband divorces you or you get into disputes then what next?” -Cecila Eyomu

“Most youths in Uganda save not for long term goals but rather save for immediate or near future reasons for example: people save for televisions, for sofa sets things they can see coming in the next weeks but rather not in the next 20 years”-Mugisha Andrew

“I think people really have a bad saying stuck in their heads “the economy is bad!!”. Well let me tell you the fact, the economy has never been good even at the time of Christ bamubanjako ku musolo. Yes the economy will never be good so if you wait for it to do so am afraid time is passing you by” -Senogga Brian Kimuli

“if you don’t plan for yourself somebody else will plan for you, in this case you have seen scenarios where youths have been used for demonstrations they pay you 5k and you join demonstration because someone else is planning for you”

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Robo-Advisors and Banks: The Next Robo-Frontier

In 2015, we saw a number of robo-advisors join with major financial services firms as well as a couple of big financial services firms launch their own robo-advisor service. So far, 2016 has started off with a large banking group, BBVA Compass, partnering with robo-pioneer FutureAdvisor to offer a digital platform to customers.

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3 Ways Technology Will Change Your Finances

With the advent of technology, we’ve seen men on the moon, self-driving cars, and the rise of artificial intelligence. All of that’s exciting, but not all too relevant to the average person’s day-to-day life. However, coinciding with technology’s advancements of 2016 is a FinTech golden age with the power to change your personal finances.

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How to Discuss Philanthropy with Financial Advisory Clients

As a financial advisor, you’re a guardian and guide for your client’s financial well-being. But when it comes to philanthropic giving, many advisors cede that role and avoid engaging their clients on the subject. Don’t make that mistake. If you have a client inclined to philanthropy, you have a responsibility to guide them in that process.

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