The Executive Director Uganda Microfinance Regulatory Authority (UMRA) says 86 percent of the borrowing in Uganda is happening in the Tier IV sector “A recent study shows that most Ugandans have ditched banks for Microfinance Deposit-taking Institutions (MDIs),” Ms Edith Namugga Tusu
Wealth creation refers to the process of investing your savings to grow your wealth by choosing investments that align with your financial goals. The modern approach to wealth creation of budgeting and saving builds wealth through a variety of methods using financial products. Certainly, whe
As schools opened for the third term on Monday, flood-affected schools in Ntoroko District faced significant disruptions, with some relocating and conducting classes in tents, leading to low student turnout and teacher absences. Ntoroko District has been grappling with floods for more th
The Equal Opportunities Commission (EOC) has asked the government to stop funding top schools that continue to charge excessive school fees. Ms Susan Nambatya, the EOC research associate, who yesterday spoke at the release of findings of a study on fees charged by government and private
The East African Court of Justice (EACJ) kicked off its September session in Arusha this week after taking a break since May due to lack of funding. The judges started working on September 16, hoping to clear a backlog of cases by October 11. “Due to financial challenges, the cour
Kampala Lord Mayor Erias Lukwago has has issued a directive halting the acquisition of alternative land for waste management. “I hereby invoke the powers of the Office of the Lord Mayor to direct that the processes for the acquisition of an alternative land for the establishment of
Nigeria will start importing milk and Coffee from Uganda. This was revealed today as His Excellency Olesegun Obasanjo, the former President of Nigeria paid a courtesy call on President Yoweri Kaguta Museveni. President Museveni also took H.E Obasanjo on a tour to Pearl Dairy Farms Lim
(Beijing) – China’s Xi Jinping. Xi, always eager to flaunt China’s never ending fountain of flowery words, penned a letter (“special” birthday message) that, quite frankly, could put anyone to sleep faster than a lullaby. This message was not just a simple “happy birthday.” This
(Kamuli) – Kamuli, the land of rice fields and sugarcane is a place where neighbors know every detail of each other’s lives, Siraji Nsadha’s Tuesday morning was nothing short of a bad episode from a local drama. The 40 year old man from Bumbya-Bulungu zone, Namasagali, thought he was returning
(St. Petersurg, Russia) – Uganda’s Vice President Jessica Alupo recently praised Russia at the 4th Eurasian Women Forum, held in Saint Petersburg. While Ukraine’s skies are lit up with Russian missiles, Alupo was busy applauding Russia’s commitment to “peace, security, and development.”
