By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Lifestyle UgandaLifestyle UgandaLifestyle Uganda
  • Home
  • News
    • International News & Politics
    • Education
    • Sports
    • Money & Finance
    • Mobile and Telecommunication
    News
    Get breaking news, music updates, and celebrity stories from Uganda and East Africa. Stay informed with Lifestyle Uganda—your insider source for real-time industry updates.
    Show More
    Top News
    Lycamobile Uganda data bundles and voice (1)
    Lycamobile Uganda: 4 Most Frequently Asked Questions & Answers
    4th April 2025
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    5th October 2023
    lifestyleug.com__safe to travel to Uganda (1)
    Is It Safe to Travel to Uganda?
    16th December 2021
    Latest News
    Cranes Set for CHAN Opener as Museveni Raises Stakes with Sh1.2bn Bonus
    4th August 2025
    MultiChoice Uganda to Broadcast All CHAN 2024 Matches Live Across the Country
    4th August 2025
    Rhoda Kalema, Uganda’s ‘Mother of Parliament’ and a Pioneer for Women in Politics, Dies at 96
    4th August 2025
    Public IVF programme delivers again as second baby born at Mulago Hospital
    2nd August 2025
  • Business
  • Entertainment
    • Music
    • Celebrity
    • Biography
    • Lifestyle
      • Fitness
      • Pop Culture
      • Travel/Culture
    Entertainment
    Stay up-to-date with Lifestyle Uganda Entertainment—the latest news, celebrity gossip, films, and TV shows from Uganda, Nigeria, Kenya, and South Africa.
    Show More
    Top News
    Lycamobile Uganda data bundles and voice (1)
    Lycamobile Uganda: 4 Most Frequently Asked Questions & Answers
    4th April 2025
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    5th October 2023
    Maro, Maurice Kirya Help German singer Mark Forster Cross Over With “Chip In”
    17th November 2018
    Latest News
    MultiChoice Uganda backs makeup masterclass to boost local talent, strengthen film industry
    31st July 2025
    Gospel singers Levixone and Desire Luzinda announce engagement — wedding set for August
    29th July 2025
    Lydia Jazmine Finally Drops Debut Album ‘The One and Only’ After Delays
    25th July 2025
    Canal+ seals $3 billion deal to take full control of MultiChoice, Africa’s top pay-TV giant
    25th July 2025
  • Fashion
    • Beauty Trends
    • Accessories
    • Hair
    • Lipstick
    • Makeup
    • Skincare
    FashionShow More
    MultiChoice backs beauty training to boost local storytelling.
    MultiChoice Uganda backs makeup masterclass to boost local talent, strengthen film industry
    31st July 2025
    Miss Uganda 2025 launch highlights shift in strategy.
    Search for Miss Uganda 2025/2026 Begins with Centralised Format
    13th June 2025
    Mental health advocate Hasset Dereje shines at Miss World, secures Africa title.
    Ethiopia’s Hasset Dereje Named Miss World Africa and First Runner-Up at 72nd Miss World Pageant
    2nd June 2025
    Natasha Nyonyozi honoured at Miss World 2025 for autism advocacy.
    9
    Natasha Nyonyozi Wins ‘Beauty with a Purpose’ Africa at Miss World 2025
    31st May 2025
    Natural hair takes centre stage in Uganda.
    Natural Hairstyles in Uganda: The Beauty of Texture, Twists, and Timeless Trends
    26th May 2025
  • Health & Living
  • Tips & Advice
Search
© 2023 Lifestyle Uganda. All Rights Reserved.
Reading: Yinvesta: MTN and Sanlam unveil UGX 1,000 mobile investment service
Share
Sign In
Notification Show More
Font ResizerAa
Lifestyle UgandaLifestyle Uganda
Font ResizerAa
  • Home
  • News
  • Business
  • Entertainment
  • Health & Living
Search
  • Home
  • News
    • International News & Politics
    • Education
    • Sports
    • Money & Finance
    • Mobile and Telecommunication
  • Business
  • Entertainment
    • Music
    • Celebrity
    • Biography
    • Lifestyle
  • Fashion
    • Beauty Trends
    • Accessories
    • Hair
    • Lipstick
    • Makeup
    • Skincare
  • Health & Living
  • Tips & Advice
Have an existing account? Sign In
Follow US
© 2023 Lifestyle Uganda. A Now & Entertainment Media Company. All Rights Reserved.
Lifestyle Uganda > Blog > Business > Yinvesta: MTN and Sanlam unveil UGX 1,000 mobile investment service
BusinessMobile and Telecommunication

Yinvesta: MTN and Sanlam unveil UGX 1,000 mobile investment service

Musasi Isaac Christopher
Last updated: 22nd April 2025 11:09 am
By
Musasi Isaac Christopher
ByMusasi Isaac Christopher
Staff Writer
As an aspiring lifestyle blogger at Lifestyle Uganda, I specialize in exploring the vibrant realms of health, food, and the restaurant industry. My passion for sharing...
Follow:
- Staff Writer
Share
3 Min Read
MTN-backed Yinvesta aims to simplify investing in Uganda
MTN MoMo CEO, Richard Yego
SHARE

MTN Mobile Money Uganda (MTN MoMo) has launched a new micro-investment product aimed at making saving and investing more accessible to everyday Ugandans.

The service, named Yinvesta, is a partnership with Sanlam Investments East Africa and allows customers to begin investing with as little as UGX 1,000—roughly KES 35. Users can earn daily interest, make instant withdrawals, and track their investments directly through the MTN MoMo app or USSD codes.

The product, which was launched at MTN Uganda’s headquarters in Kampala, targets a growing market of mobile-savvy customers looking for flexible financial tools in a tough economic environment.

“We believe financial empowerment should be accessible to everyone,” said Jemima Kariuki, Chief Product Officer at MTN MoMo. “Yinvesta simplifies investing, and with just UGX 1,000, anyone can start their journey toward financial independence.”

Yinvesta is structured as a unit trust—meaning customers’ contributions are pooled into a professionally managed fund. The fund is licensed by Uganda’s Capital Markets Authority under the Collective Investment Schemes Act of 2003, offering regulatory oversight and consumer protection.

Jonathan Stichbury, CEO at Sanlam Investments East Africa, said the platform reflects a wider shift in the region’s financial services sector.

- Advertisement -
lifestyle uganda adwords

“Technology has transformed business, and investment is no exception,” he said. “Yinvesta offers a simple and flexible way for Ugandans to start investing—with daily interest, no wallet charges, and the ability to withdraw instantly.”

The product comes at a time when financial literacy and savings culture remain key policy issues in Uganda. According to Bank of Uganda data, formal saving rates remain low, especially among young people and those in informal employment.

New micro-investment tool opens saving to all Ugandans. Photo/X

To help bridge that gap, the Yinvesta launch featured a panel discussion on financial literacy and a live demonstration of the app’s user experience.

Customers can begin using the service by dialing *165*7*1# or accessing it via the MTN MoMo app. Interest begins accruing 24 hours after the initial deposit, with balances visible under the “Check Balance” feature within three days. Withdrawals are processed instantly to the linked MTN number, and users can set up automated contributions through MTN Standing Orders at no extra cost.

MTN says the service is fee-free on its wallet and hopes the simplicity of the product will encourage more Ugandans to take their first step into investing.

Buganda Kingdom and Stanbic Bank Launch Initiative to Support Farmers
Answers to 11 Frequently Asked Questions About MTN Uganda Mobile Money
Supreme Court To Hear Claims on Trump’s Financial Records
TikTok Rolls Out LIVE Fan Club as Daily Live Streaming Surges to 130 Million Creators
UK Prime Minister Reveals Plan for Reopening the Economy

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Whatsapp Whatsapp Reddit Email Copy Link
Share
ByMusasi Isaac Christopher
Staff Writer
Follow:
As an aspiring lifestyle blogger at Lifestyle Uganda, I specialize in exploring the vibrant realms of health, food, and the restaurant industry. My passion for sharing insights and experiences drives my content, aiming to inspire and inform readers about the latest trends and tips in healthy living and culinary delights. Connect with me on WhatsApp at +256759100143.
Previous Article Matthias Magoola wins India’s Pharma Ratna award Ugandan Scientist Dr Magoola Honoured in India for Breakthroughs in Pharma and Vaccine Innovation
Next Article MultiChoice Uganda reappoints Colin Asiimwe to lead marketing efforts

Stay Connected

45.2kFollowersLike
5.1kFollowersFollow
213FollowersPin
35.6kFollowersFollow
11kSubscribersSubscribe
400FollowersFollow
- Advertisement -

Latest News

Uganda Cranes Promised Sh1.2bn Per Win at CHAN.
Cranes Set for CHAN Opener as Museveni Raises Stakes with Sh1.2bn Bonus
News Sports
4th August 2025
Uganda to Show All CHAN 2024 Matches Live on DStv and GOtv.
MultiChoice Uganda to Broadcast All CHAN 2024 Matches Live Across the Country
News Sports
4th August 2025
Who is Rhoda Kalema.
Rhoda Kalema, Uganda’s ‘Mother of Parliament’ and a Pioneer for Women in Politics, Dies at 96
International News & Politics News
4th August 2025
Mulago hospital delivers second IVF baby, marking a quiet revolution in public fertility care.
Public IVF programme delivers again as second baby born at Mulago Hospital
Health & Living News
2nd August 2025
//

At Lifestyle Uganda, we inform, entertain, and inspire action through the content we create — empowering you to live a celebrity life.

Quick Link

  • Home
  • News
  • Business
  • Entertainment
  • Health & Living

Top Categories

  • About Us
  • Send a Tip
  • Terms of Use
  • Privacy Policy
  • Contact

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

I have read and agree to the terms & conditions
Lifestyle UgandaLifestyle Uganda
Follow US
© 2025 Lifestyle Uganda. A Now & Entertainment Media Company. All Rights Reserved.
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..
I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Not a member? Sign Up