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Ugandan banks approve UGX1.93 trillion in loans as personal credit leads

Ugandan banks approve UGX1.93 trillion in loans as personal credit leads

A customer receives a step-by-step guide on using the Wendi mobile wallet, empowering them to seamlessly send and receive international money transfersKAMPALA, Uganda — Commercial banks and financial institutions in Uganda approved 1.93 trillion shillings in new credit during October, wi

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Museveni gives China-Uganda Mbale Industrial Park thumbs up, second park planned

Museveni gives China-Uganda Mbale Industrial Park thumbs up, second park planned

A team from the China-Uganda Mbale Industrial Park briefs President Museveni and First Lady Janet Museveni. Far right is Luke Wang, Managing Director, Tian Tang Group, and Lucy Zhang, Group CEORWAKITURA, Uganda | THE INDEPENDENT | President Yoweri Museveni has approved a proposal to estab

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Need Quick Cash? Equity Bank Lets You Borrow Up to UGX 20M Instantly

Need Quick Cash? Equity Bank Lets You Borrow Up to UGX 20M Instantly

Whether you’re facing unexpected expenses, need to pay school fees, or want to grab a timely opportunity, Equity Bank Uganda’s salary loans are designed to support your financial goals quickly and conveniently.Here’s a complete guide on how to apply, what you’ll need, and how to ma

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Fisheries Protection Unit renamed 155 Marines Battalion in UPDF Lakes Security shake-up

Fisheries Protection Unit renamed 155 Marines Battalion in UPDF Lakes Security shake-up

Exclusive: Museveni drops Lt. Col. Mercy Tukahirwa as Commander of UPDF Fisheries Protection Unit Lt Col Mercy Tukahirwa has been sent to Gen Nalweyiso's officePresident Yoweri Kaguta Museveni has ordered the immediate dissolution of all landing site committees on Uganda’s lakes a

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EC disqualifies Magogo’s rival from Budiope East race days to 2026 elections

EC disqualifies Magogo’s rival from Budiope East race days to 2026 elections

Buyende, Uganda: The Electoral Commission has disqualified independent candidate, Daniel Mulirire from contesting for the Budiope East parliamentary seat, a move that has drawn sharp criticism from First Deputy Prime Minister Rebecca Alitwala Kadaga, who accused the Commission of denying candidat

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Gov’t opts for UGX 5M Cash Payout per Household in Cattle Restocking Programme

Gov’t opts for UGX 5M Cash Payout per Household in Cattle Restocking Programme

According to a 2024 report from the government assurance and implementation committee, there are 92,634 war debt claimants in Northern and Eastern Uganda. Out of the total claimants, the Acholi Sub-region has 16,946, while Lango has 42,024, and 33,664 claimants are in Teso.The government

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Court grants bail to YouTuber Shalom Kaweesi in cyber harassment case

Court grants bail to YouTuber Shalom Kaweesi in cyber harassment case

YouTuber Shalom Kaweesi has been released on bail by the Chief Magistrates’ Court in Makindye.Shalom was granted bail on a non-cash bond of Shs 5 million, with each of his sureties also bonded for a non-cash Shs 5 million.He was arrested and detained on charges of cyber harassment

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Luuka district engineers charged for stealing fuel worth Shs222m

Luuka district engineers charged for stealing fuel worth Shs222m

The accused Luuka District officials arrive at the Iganga Chief Magistrate’s Court to face charges related to fuel theft and selling of government jobs.Luuka, Uganda: Three officials from Luuka District Local Government have been charged before court on multiple counts including conspira

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Why The EU Dropped Frozen Russian Assets Plan And Opted For $105 Billion Loan To Fund Ukraine

Why The EU Dropped Frozen Russian Assets Plan And Opted For $105 Billion Loan To Fund Ukraine

Belgium’s objections, Russian legal threats and unresolved liability questions forced the EU to drop the reparations-loan proposal and approve fresh borrowing for Ukraine.Denmark's Prime Minister Mette Frederiksen, European Council President Antonio Costa and European Commission Presiden

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Uganda: Just 41 MPs Approve Shs9tn Loan Blitz

Uganda: Just 41 MPs Approve Shs9tn Loan Blitz

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

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