Savings Archives

Community in Shock as Violent Raid Hits Nansana Savings Group

Nansana, Uganda – A community in Nansana is reeling after a violent robbery targeted a local savings cooperative, causing widespread concern among villagers and prompting calls for increased security measures. The attack, which occurred late Saturday night in the village of Gganda, resulted in significant losses and has sparked a tense debate about safety in communal savings practices. Authorities reported that an armed group stormed the premises where the Gganda Savings and Credit Cooperative Society …

Terror Strikes Nansana’s Gganda Village as Savings Cooperative Faces Brutal Assault

Nansana, Uganda — Tension escalated in the Gganda village of Nansana after a local savings cooperative was subjected to a violent assault, leaving residents in a state of alarm and prompting authorities to launch a comprehensive investigation. The incident, which marks a rare event of such severity in this usually tranquil area, has prompted calls for heightened security and reassurances to the community. The attack occurred late Friday night when unidentified assailants stormed the premises …

Human Cost of ‘Excess Deaths’: Tragedy Overpowers Marginal Savings in Social Security Funds

WASHINGTON — A recent report highlighting the financial implications of the COVID-19 pandemic on the U.S. Social Security fund has sparked a complex discussion about the value of human life versus economic gain. The analysis showed an influx of $205 billion into the Social Security reserves due to approximately 1.7 million premature deaths between 2020 and 2022. These “excess deaths,” largely among working-age individuals, paradoxically strengthened the financial standing of the fund by reducing future …