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
The annual debt statistical bulletin and public debt portfolio analysis by the Ministry of Finance indicates that the stock of domestic debt rose from Shs34.5 trillion in June 2023 to Shs40.6 trillion in June 2024, representing a growth of 5 percent. The increase represents a rise of dom
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
Human rights activists have called for the implementation of non-custodial sentences to address Uganda’s prison congestion. The Commissioner of Prisons, Mr Apollo Baker Asinga, noted that between 2014 and 2015, the total prison population was about 42,619, but this number has since inc
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
Ugandan scientists have launched a Shs9.8 billion study to develop a vaccine for the deadly Crimean-Congo Hemorrhagic Fever (CCHF). The two-year study, which is already underway, is being conducted by researchers from the Uganda Virus Research Institute (UVRI) and the Medical Research
(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.”
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
A new climate report has shown that Uganda has been steadily warming for the past 40 years to date. The report released by the Uganda National Meteorological Authority (UNMA) looks at Uganda’s climate from 1950-2023, where Uganda has been warming at the rate of around 2.6 degrees Celsi
Contributors to the National Social Security Fund (NSSF) can expect to receive more than the 10 percent interest they earned this year when the Finance minister announces the yield from the last financial year next week. NSSF managing director Patrick Ayota said at a news conference in
