Uganda's mobile money sector is taking major steps to prevent loan defaults and restore trust in digital lending. For years, some borrowers who defaulted on digital loans exploited loopholes by switching networks or SIM cards, making it difficult for lenders to recover funds. Under the previous s
The liquidation heatmap showed that there was a chance of a brief LTC price bounce to $82 next.Bitcoin [BTC] bounced to $89.5k before sinking to post a new low of $84.5k. This volatility saw Litecoin’s price [LTC] drop 7.5% in 5 hours, with the altcoin posting a new lower low at $72.64.
As Ugandans prepare to celebrate Christmas and usher in the New Year, the Uganda Aids Commission (UAC) has issued a warning against reckless behaviours, saying it could reverse gains made in the fight against HIV/Aids.The UAC Director General, Dr Nelson Musoba, cautioned that while the fes
Attorney General Kiryowa Kiwanuka has reaffirmed that all voters, including Members of Parliament, must leave polling stations immediately after casting their ballots in the January 2026 general elections, a directive that has triggered strong opposition criticism and renewed fears of vote riggin
President Museveni on Wednesday warned security personnel against using excessive force during elections, saying beatings and torture were unnecessary and avoidable, remarks that come amid long-standing accusations by the opposition that security agencies routinely abuse political supporters.
In a Tuesday session that has sparked outrage among fiscal watchdogs, a mere fraction of the 11th Parliament authorized the government to proceed with massive loan requests totalling nearly Shs9 trillion.By suspending key safeguards, the House bypassed the standard oversight procedures des
JOHANNESBURG, Dec 17 (Reuters) – The South African rand was flat in early trade on Tuesday, ahead of the release of local central bank data and inflation data that will shed light on the country’s economic outlook.At 0512 GMT, the rand traded at 16.75 against the dollar, little changed
MTragic news has struck the world of daytime television as a true icon has left us. Anthony Geary, beloved for his unforgettable portrayal of Luke Spencer on “General Hospital,” passed away at 78, leaving behind a legacy that shaped soap opera history. His passing reminds us of a time when st
“UNOC will be able to generate revenues of up to USD 5.6 billion” (about Shs21.3 trillion) from the projects when implemented," the ministry said, adding that the loan would reduce pressure on the consolidated fund and enable quicker realisation of revenues from the oil and gas sectorS
The Spokesperson of the Democratic Front (DF), Moses Kasibante, has declared that President Yoweri Museveni has irreversibly lost political support in Buganda, stating that no amount of messaging or political maneuvering can change the prevailing sentiment in the region.Speaking during NBS
