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
Enforcement of publicly funded projects and related investment is underperforming, according to National Planning Authority (NPA). The NPA assessment report further discloses laxity in the manner in which development projects, the majority of which are funded by international partners an
Private school administrators have responded to mounting public outcry over what is perceived as unduly high tuition fees, attributing the costs to operational expenses. Although many administrators declined to provide a detailed breakdown of their expenditure, they pointed to utility bi
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) – Uganda’s academic powerhouse, Kyambogo University, is making headlines for all the wrong reasons. The venerable institution, home to countless ambitious minds, is set to trim its staff of part time lecturers thanks to a staggering UGX 6.7 billion debt hanging over its head like a hea
Dear Professor Jimmy Ssentongo, As a cultural institution representing the Bamasaba people, we have received a complaint from one of our clan members, Eric Joseph Sakwa, of Namwenula Village, Siu Clan, Mbale District. It concerns your recent public comments, in which you described him as a
Guests gather at Wallace State for the annual Harvest to Home Dinner, a showcase of haute-cuisine featuring local agricultural bounty. Supporting Our Farmers Agriplex director Rachel Dawsey highlights the invaluable contributions of local farmers, showcasing the quality and variety of produce sourc
In exciting news for Grand Theft Auto enthusiasts, the highly anticipated sixth installment, GTA 6, is officially scheduled for release in autumn 2025.Take-Two Interactive , the publisher, has reiterated its commitment to launching GTA 6 in mid-late 2025, according to a recent Securities and Exchang
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