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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

Ultimate Uganda

PRIME Rebecca Cheptegei’s death: Why danger lurks for athletes in troubled unions

PRIME Rebecca Cheptegei’s death: Why danger lurks for athletes in troubled unions

On Thursday morning, the world woke up to the news of the death of top Ugandan marathoner, 33-year-old Rebecca Cheptegei, who had been undergoing treatment at the Moi Teaching and Referral Hospital in Eldoret. 

Ultimate Uganda

Chaos as Bobi Wine, Mpuuga, Bwanika face off at NUP member’s funeral

Chaos as Bobi Wine, Mpuuga, Bwanika face off at NUP member’s funeral

Ugly scenes played out on Saturday evening as top leaders of the opposition National Unity Platform exchanged bitterly the funeral of a party member in Lwengo district.Bwanika exchanged with Bobi Wine at the funeralBobi Wine had to cool off scores

Ultimate Uganda

Museveni orders employers to hire on permanent basis

Museveni orders employers to hire on permanent basis

What you need to know:President Yoweri Kaguta Museveni on May 1 demanded that companies recruit employees on a permanent rather than a temporary basis. If this declaration is carried out, it will impose mandatory employment contracts and set working con

Ultimate Uganda

Whopper War Tears Apart Music Duo Kataleya and Kandle

Whopper War Tears Apart Music Duo Kataleya and Kandle

Musicians Kataleya and Kandle are reportedly on the verge of splitting amid allegations of involvement with the same man.Musicians Kataleya and Kandle are reportedly on the verge of splitting amid allegations of involvement with the same man.It is alleged that both musi

Ultimate Uganda