ALL TIME iSPECIAL MOBILITY QUOTES – 2023

 

UNLIMITED QUOTES: EVOLVE,REVOLVE, RESOLVE, RESULT

iSPECIAL MOBILITY ECOSYSTEM | WHOLE BUSINESS SECURITIZATION

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Photo Credit/CEO East Africa Magazine: "In a new regulatory move, all banks in Uganda are required to increase their minimum capital from UgShs.25 Billion to UgShs.120 Billion by 31st December 2022 and UgShs. 150 Billion by June 2024. The increases in the minimum capital buffers are intended to match the dynamism of the economy, incentivise shareholder commitment, enable institutions to withstand shocks and to converge with regional peers." – Dr. Tumubweine Twinemanzi, PhD, Bank of Uganda, Executive Director | https://bit.ly/HZiQZ-BOU_REVISED-CAPITAL-LIMITS | For Stanbic Bank Free Bills Payment and More, Dial: *291# or Download the FlexiPay Uganda App│Register for a FlexiPay Wallet │ Enter Refferal Code: I25UNZ │Donate to the vulnerable using FlexiPay │Call Centre Toll Free: 0800 251 251/0800 250 250/0800 150 150 . [Please Note: Referral Code Letter (ABC) is I (Capital of Letter i) NOT a digit (123) to wit. 1]

 “Money is not an invention of the state. It is not the product of a legislative act. Even the sanction of political authority is not necessary for its existence. Certain commodities came to be money quite naturally, as the result of economic relationships that were independent of the power of the state.”

― Carl Menger

“The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in iniquity and born in sin. Bankers own the Earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough money to buy it back again.

Take this great power away from them and all great fortunes like mine will disappear, and they ought to disappear, for then this would be a better and happier world to live in. But if you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit.”

― Sir Josiah Stamp

“Banks were once an extremely valuable part of the economy and did a lot of good in advancing civilization. Banks played a pivotal role in financing big projects like roads, bridges, factories, stadiums, etc. Banks were to the economy what the heart is to the human body. But that has ended.

Traditional banks have become extra toxic entities in the economy. It’s partially the fault of excessive government regulations that have made everything dysfunctional and it’s partially the fault of greedy bankers putting profits above customers and shareholders above society... But nonetheless, banks today offer very little benefit to their clients. They pay barely anything in interest. They offer barely anything in growth. They move money too slowly. They’re too restrictive. They’re selling the same boring products and services they did a hundred years ago. And they have too much power over peoples accounts. Soon, the many new companies and applications that emerge on the Ethereum infrastructure will eliminate the need for traditional banks and eliminate their value proposition by providing people with superior value. Everything from growth to asset management to lending can be done even better on the Ethereum infrastructure by anyone.”

― Hendrith Vanlon Smith Jr

Extra Featured Links Shortlist

1. https://bit.ly/HZiQZ-NSSF-PLANB_PROPOSED-POST-MIDTERM-CORPUS-INVESTMENT-STRATEGY
   
2. https://bit.ly/HZiQZ-CNN-UGANDA_AMONG-BEST-DESTINATIONS-2023
   
3. https://bit.ly/HZiQZ-MASTERCARD-QR_CODE-PAYMENT
   
4. https://bit.ly/HZiQZ-ABOJANI-KENYA-LISTED-BANKS-PERFORMANCE
   
5. https://bit.ly/HZiQZ-ViDE-NEW-VISION_NEW-BANK-CAPITAL-RULES
   
6. https://bit.ly/HZiQZ-COURT-COST_OF_REPUTATION_DAMAGE
   
7. https://bit.ly/HZiQZ-NSSF_FINANCIAL_LITERACY
   
8. https://bit.ly/HZiQZ-HiPiPo-40DAYS_40FINTECHS_2022_REPORT
   

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