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Teachers stuck in debt trap

Teachers stuck in debt trap

Today’s economic hardship is real, with many Ugandans, especially teachers, feeling the pinch. The burden of debt is palpable, and it is affecting the quality of education. With salaries stretched thin, borrowing has become a survival tool. But the cycle of repayment pressure is taking a toll.

Ultimate Uganda

Housing Finance Bank’s Michael Opira crosses to Centenary Bank as Executive Director, Operations

Housing Finance Bank’s Michael Opira crosses to Centenary Bank as Executive Director, Operations

Michael Opira, Executive Director, Operations at Centenary Bank, brings over 27 years of banking experience as he returns to the institution where his career began.Centenary Bank has appointed seasoned banking executive Michael Opira as its new Executive Director, Operations, marking a sig

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High Court Halts Uganda Music Promoters SACCO Operations Over Fraud Dispute

High Court Halts Uganda Music Promoters SACCO Operations Over Fraud Dispute

The High Court in Kampala has temporarily stopped the Uganda Music Promoters Savings and Credit Cooperative Society Limited (SACCO) from operating, following a dispute over alleged fraud, illegal takeover, and misuse of billions of Shillings in government funds.In an interim order issued o

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Nansana widow, 84, cries foul after home demolished for road expansion without compensation

Nansana widow, 84, cries foul after home demolished for road expansion without compensation

Ms Regina Nampiima, a resident of Wamala Mukataba village in Nansana Municipality, Wakiso District whose rental buildings were razed down during the enforcement of the new trade order and road expansion project has cried foul in the demolition exercise.While Nansana authorities claim that

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Over 7000 ex-election police constables ready for private security deployment

Over 7000 ex-election police constables ready for private security deployment

The Inspector General of Police, IGP Abbas Byakagaba, on Wednesday passed out 7,018 former Election Special Police Constables (SPCs) at the Police Counter Terrorism Training School, Olilim, following completion of specialized training for deployment under licensed Private Security Organizations (

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World Bank owes Vision Group Shs 2.7m in unpaid adverts

World Bank owes Vision Group Shs 2.7m in unpaid adverts

Vision Group is demanding the World Bank Shs 2.7 million in unpaid advertisements and promotions across its platforms, we can reveal.According to the list of Vision Group debtors seen by Bbeg Media, the World Bank, a multilateral lender, is one of several reputable international organisati

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NRM’s Barata Says Sovereignty Bill Promotes Transparency Without Limiting Investment

NRM’s Barata Says Sovereignty Bill Promotes Transparency Without Limiting Investment

The point of a Sovereignty Bill being before Parliament is for it to be debated and adjusted as long as the ultimate objective and purpose are achievedThe National Resistance Movement (NRM) Director of Legal Affairs, Enoch Barata, has argued that the proposed Protection of Sovereignty Bill

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FABIO Uganda Engages Stake Holders on The Controversial Protection of Sovereignty Bill 2026

FABIO Uganda Engages Stake Holders on The Controversial Protection of Sovereignty Bill 2026

The First African Bicycle Information Organization (FABIO) a non-government organization involved in social transformation activities has engaged stake holders on the Controversial Sovereignty Bill 2026 which was tabled in parliament for the first reading last week and is currently at the committ

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Fuel Levy Approved: MPs Clear UGX200 Tax Despite Public Outcry, Opposition Warns Of Economic Pain

Fuel Levy Approved: MPs Clear UGX200 Tax Despite Public Outcry, Opposition Warns Of Economic Pain

Parliament has approved Government’s proposal to impose a UGX200 excise levy on every litre of fuel, a move expected to generate about UGX450 billion in additional revenue as the State intensifies efforts to finance the national budget.Lawmakers backed the measure during consideration of

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Shs46bn Idle Funds for Science Ministry leave MPs furious

Shs46bn Idle Funds for Science Ministry leave MPs furious

The Budget Committee has summoned officials from the Ministry of Science, Technology and Innovation (STI) to explain why Shs 46 billion meant for innovation remains unutilised for two consecutive financial years, raising concerns over accountability and stalled research interventions.The m

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