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Top celebs who have fallen in Love with the TECNO Spark 3

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By Staff Writer
Ugandan celebs love trendy things and this is the very reason their fans love them. From the latest clothes to shoes to watches, they rock it all. When the brand-new Spark 3 and Spark 3 pro were launched at the beginning of May, it was no surprise that many got themselves the cool gadgets to stay on top of their games.


Here are three celebs rocking the TECNO Spark series.
Crystal Panda – He is loved by teens countrywide. When he visits a high school the scene will be like one from Hollywood when people see their favourite movie stars. Deep down, Crystal loves dope stuff and it is no surprise that we spotted him with the cool Spark 3 pro. Asked what he loves about the gadget, we are told that the photos taken by SPARK 3 Pro are brighter and clearer. This helps him to have the best snaps on Instagram to stay in touch with his fans.

New TECNO Spark 3 with AI bright camera now available at RRP 429,000 UGX Click here for more

Denzel – Urban and XFM TV’s Denzel is one that is always online to connect with his fans. If he is not on television or radio, he will be on Twitter, Instagram and other platforms. The former Big Brother Africa housemate loves the Spark 3 pro because it is easy to use and gives him access to all these apps at the snap of a finger. Given that he is also a snapchat king, Denzel enjoys the bright and clear camera that gives him the best shots.


Levixone – Gospel singer Levixone is one that sets the trends, especially in the gospel world. One thing about Levixone is that he always has to go LIVE on his Instagram and Facebook. What he loves about TECNO phones is that the battery is great especially when he has concerts. He can stream an entire concert to his fans via Facebook live and all will go well.
Other celebs rocking the Spark series include; Fat Boy and Leila Kayondo.
What are you waiting for? Get the new TECNO Spark 3 with AI bright camera now available at RRP 429,000 UGX.

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Kampala Rentals Becoming Cheaper As Supply Outruns Demand

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By Staff Writer

Tenants in Kampala must be rejoicing over the current real estate trends in the country.

We don’t know whether to call it the property bubble burst but it looks more like this. In the past months, rental houses in Kampala have been getting cheaper and it is now easier for someone to find the best accomodation at the best price in Kampala.

“Can you imagine apartments are getting cheaper. Landlords are even scared of increasing rent. They are just happy to hold on the few tenants they have,” Becky in Kisasi tells us.

“On our flat, some of the houses have remained unoccupied for over a year. My Landlady was even forced to reduce the asking price but still people realize there are better options at a cheaper price in the same area,” Becky explains.

Landlords have even resorted to giving the first months free. They are doing promos such as; “pay for 3 months, get the next 2 months free.”

Two bedrooms and two bathrooms apartments is now going for a meagre 700K. That means every housemate will be paying not more than 350K. And that is in places such as Bukoto, Bugolobi, Kisasi.

It seems Landlords will now have to bribe their tenants…

New TECNO Spark 3 with AI bright camera now available at RRP 429,000 UGX Click here for more



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BigEye Money

African Teachers Receive Supplementary salaries through Development Channel

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Teachers in Africa are evidently the most economically disempowered of all professions despite being the greatest contributors to the development of the continent. African teachers trained the politicians who tell them their salaries cannot be increased, train the doctors who tell them they can’t afford the healthcare they need, train the bankers who deny them of loans, train the business men who ridicule them of their poverty and train the various government technocrats who deny them of their pensions and gratuity.

Teachers in Africa are synonymous with poverty and according to more than 90% of African governments, there are no funds to increase the much needed salaries for teachers and even if the funds were there, increasing salaries for teachers will only lead to inflation and further agitation by other civil servants. This is the long held position of African governments and institution while those of the private school proprietors is that they are struggling and have at least managed to do better than the meagre wages paid by the public schools.This current statuesque has gone on for decades forcing teachers to abandon the profession leading to loss of quality and skilled educators which then downgrades the quality of the education in Africa. It has also led to teachers skipping classes in pursuit of economic gains also leading to lack of importation of knowledge to the students. In some other cases, teachers now take bribes from parents and students to give them pass marks which accounts for the reason why Africa is now full of “educated” illiterates with many having certificates let lacking any academic depth. It is now a known fact in Africa that a primary school educated person a few decades ago is far more literate than today’s university graduate. Development Channel, the crier and advocate of Africa’s first economic war has however come to the rescue. Development Channel who believes that the funds for Africa’s development lies first in the $203 billion dollars capital flight that leaves the continent yearly says that salaries of teachers can be doubled without it causing any inflation or leading to any further agitation by other civil servants. The organization led by the visionary Charles N Lambert says its new unprecedented initiative, the Teachers Revenue Source(TRS) will put African teachers exactly where they should be through daily, weekly, monthly, quarterly and annual salaries earned by the teachers participation part time in the patriotic duty of being a public enlightenment officer in Africa’s first economic war.Teachers are expected to earn a minimum of $200 in basic monthly salary from their participation in TRS with very committed ones earning up to $1,000 per month. It should be noted that teachers in Africa currently earn an average of $100 per month. The Teachers Revenue Source (TRS) initiative also helps teachers get many need based products for free and high expensive items such as vehicles on credit terms with deductions from the TRS salary and not the primary salary of the teacher. As at the time of this report, thousands of teachers are flocking to be trained on how to use the Development Channel Mother App and work from their various individual locations for the economic war which empowers them yet empowers the continent.

New TECNO Spark 3 with AI bright camera now available at RRP 429,000 UGX Click here for more



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Stanbic Bank joins NSSF to promote professional financial and investment decision making

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By Our Reporter

Stanbic Bank Uganda, Liberty Life Assurance Uganda Limited and STANLIB Uganda Limited have made a significant contribution of UGX 50 Million towards the NSSF Money Talk symposium taking place on Monday, 10th June 2019.

New TECNO Spark 3 with AI bright camera now available at RRP 429,000 UGX Click here for more

This will be the first NSSF Investment and Wealth management symposium and it aims to bring together financial advisory and investment experts from within the East African region to promote professional financial and investment decision making.

NSSF Head of Marketing, Barbara Arimi said that for NSSF members to sustainably benefit from their savings, they must plan and seek expert advice, lest they lose all their life savings because of ill- advised and poor decision-making.

“In 2018 we concluded a survey among NSSF beneficiaries to compare the quality of life of NSSF beneficiaries before and after retirement receiving NSSF benefits. 53% said that their benefits sustained them for less than a year and by the end of the first year, 98% had no cash left. We know that the story would be different if they had planned well and had sought professional advice,” she said.

Speaking at the handover ceremony, Israel Arinaitwe – Head of Personal Markets Stanbic Bank Uganda said, “We are proud to be in partnership with NSSF in this inaugural symposium because it aligns with our wealth strategy. Wealth is not only for the wealthy, but it is for everyone and we are all on our unique personal wealth journeys. Through our Wealth Financial Fitness academies, we enable our clients understand how they can holistically plan for their finances, protect the wealth created for their families to enable them to live their desired lifestyles.”

In delivering the Wealth proposition, Stanbic leverages on the capabilities of the strategic partnership with STANLIB and Liberty Group who will be integral to providing the best solutions in creating sustainable wealth.

The symposium, which is expected to be attended by over 1,000 people at the Kampala Serena Hotel, will also equip participants with knowledge to enable them plan for their retirement better by managing their personal finances well, planning, and making sound and informed choices about financial products and investment.

At the event the guest speakers will talk about “Wealth Creation & Preservation for Generations”. Other topics of discussion include “How to create wealth through Capital Markets” and “Real Estate for Wealth Creation & Preservation”.

According to the findings of the Fund’s survey, most retirees invest their pension in agriculture, business, land, rentals, cows, further education, school fees, medical bills or fixed deposits to earn an interest.

“Making better investment decisions will ensure retirees do not end up being destitute or dependent after receiving their pension. Whereas many of our members invested their money gainfully in business, there is a general lack of knowledge on business management and opportunities that can generate earnings to cater for their cash flow needs,” Richard Byarugaba, the NSSF Managing Director noted.



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