For many self-employed people, all income goes into one mobile money account. The same account pays for transport, lunch, school fees, rent and business stock. At the end of the month, they cannot tell whether the business made a profit or simply survived.
Former Makerere University Vice Chancellor Prof. Venansius Baryamureeba has publicly accused former Inspector General of Police (IGP) Gen. Kale Kayihura of orchestrating and bankrolling student and staff strikes at the university during his tenure — reviving m
President Yoweri Kaguta Museveni has highlighted the growth of Uganda’s gold refining industry, saying the country is now processing gold locally and benefiting more from its mineral resources.In a post shared on his official social media account, the P
SUMMARYUnpaid Airtel Money and MTN MoMo loans can be reported to licensed Credit Reference Bureaus (CRBs).Your credit history follows your National Identification Number (NIN), not your SIM card.Paying off a defaulted loa
Bank of Uganda data shows the local currency briefly strengthened further to about Shs3,646 per dollar earlier this week before surrendering some gains as demand for foreign currency resurfaced.KAMPALA: Uganda’s shilling has staged
public speeches, President Museveni likes using statistics to persuade and sway even sceptics about the economic dividends of accelerated investments in infrastructure. Whether it is railways, roads or hydro-dams, Mr Museveni specifies an expected drop in haulage costs, the internal rate of retu
The new scheme, introduced by the Agencia de Recaudación y Control Aduanero (ARCA) replaces the previous paper-based process with an end-to-end digital platform aimed at reducing bureaucracy, speeding up refunds and improving transaction traceability.Under the new system, foreign tourists
The High Court has dismissed an application filed by Henry Banyenzaki, a former minister and MP, over a disagreement he has with Tropical Bank regarding a loan facility he took in 2013.Justice Patience Rubagumya said the legal procedure (of originating summons) that Banyenzaki was using to
Security experts are warning that inadequate investment in kidnapping investigation skills has left law enforcement agencies exposed, fueling public anxiety as kidnapping cases continue to rise in Uganda. Kampala Metropolitan Police have recorded three high-profile kidnappings over the past two m
The Ministry of Finance, Planning and Economic Development has revealed that in April 2026, the Supervised Financial Institutions approved loans worth UGX2.053Trn out of the requested UGX4.074Trn, translating into an approval rate of 50.4 percent.The details are contained in the Performanc
