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Ugandans choosing MDIs over banks, UMRA reveals

Ugandans choosing MDIs over banks, UMRA reveals

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

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Save $30 on Roku Ultra at Amazon Today

Save $30 on Roku Ultra at Amazon Today

Buyers looking for a great deal can save up to $30 on our top pick, the Roku Ultra, at Amazon today. This promotion is part of the best deals of the day, which include discounts on products from big brands like Beats, Garmin, iRobot Roomba, and TP-Link. Check out these incredible deals that you won'

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Nature-based solutions turning the tide against climate change

Nature-based solutions turning the tide against climate change

On Bulabira 2 Road in Najjera, Kira Municipality, Wakiso District, a group of workers plant new seedlings in a bamboo nursery bed. Another group is busy loading and offloading briquettes made from bamboo trees. The workers are under Divine Bamboo Group Ltd founded by Ms Divine Nabaweesi.

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Lauren Friedman Named 2024 Assisted Living Administrator of the Year by VHCA-VCAL

Lauren Friedman Named 2024 Assisted Living Administrator of the Year by VHCA-VCAL

Experience Senior Living (ESL) proudly announced that Lauren Friedman, Executive Director at Sancerre Atlee Station in Mechanicsville, Virginia, was awarded the prestigious 2024 Assisted Living Administrator of the Year by the Virginia Health Care Association-Virginia Center for Assisted Living (VHC

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No love lost as NUP set out to unseat Ssemujju

No love lost as NUP set out to unseat Ssemujju

Since its inception in 2020, the National Unity Platform (NUP) has turned introduction ceremonies (customary marriage) in its Buganda cradle into spaces used to spread its gospel of change. Whilst historically an introduction in Buganda has always been an apolitical ceremony for a few

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VisionFund Uganda opens Iganga branch for Busoga Sub-region

VisionFund Uganda opens Iganga branch for Busoga Sub-region

VisionFund Uganda has opened an office in Iganga District, Eastern Uganda, making it the first in Busoga Sub-region and bringing the total number of branches to 24 and seven field offices.Previously, VisionFund Uganda customers from Busoga travelled to either Tororo, Mbale and Soroti distr

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URA: Agricultural Machinery and Feeds Tax Free

URA: Agricultural Machinery and Feeds Tax Free

(Masaka) – The Uganda Revenue Authority (URA) recently participated in the CBS PEWOSA Agri-business Expo held at Pookino Grounds in Masaka City. During the event, URA emphasized that agricultural machinery and animal feeds are exempt from VAT. The expo served

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Israeli missile strike on Gaza humanitarian area kills at least 40 people, Palestinians say

Israeli missile strike on Gaza humanitarian area kills at least 40 people, Palestinians say

JERUSALEM (AP) — An Israeli strike on an area in the Gaza Strip home to Palestinians displaced by the Israel-Hamas war killed at least 40 people and wounded 60 others, authorities said Tuesday.The Palestinian ne

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PRIME What EABL’s offer to fully own UBL means

PRIME What EABL’s offer to fully own UBL means

Uganda Breweries Ltd (UBL) could soon be entirely owned by its Kenyan parent company, East African Breweries Limited (EABL), if the Tuesday tender offer to purchase its minority stake valued at Shs12.3 billion is successful.

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GPT-5 on the horizon? Sam Altman’s cryptic tweet with ‘Strawberry’ fuels speculation

GPT-5 on the horizon? Sam Altman’s cryptic tweet with ‘Strawberry’ fuels speculation

OpenAI has been working on Project Strawberry for some time, and Altman’s latest tweet has sparked rumours around GPT-5.Sam Altman took to his X account to post a cryptic tweet with an image of strawberries. (Express Image/Reuters)In July, it w

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