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The rise of washing bays as social daytime hangouts

The rise of washing bays as social daytime hangouts

When you wake up at 2pm, on the eighth day of your annual leave, having finished all the errands for the day and you are bored, witless of your indoor surroundings, what do you do? You will probably end up at a car wash. Because we all know that the car wash is the best daytime hango

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How East Africans are lured into Myanmar bondage

How East Africans are lured into Myanmar bondage

This past week, panic has gripped East Africans in the Middle East as Lebanon came under a hail of fire from Israel and tensions between Tel Aviv and Iran reached a crescendo. The Kenyan government has been struggling to get its nationals to register for evacuation, as someÂ

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Tropical bank, IT Office Ltd bosses in panic as Sudhir demands payment for Shs 21 billion loan

Tropical bank, IT Office Ltd bosses in panic as Sudhir demands payment for Shs 21 billion loan

There’s panic at Tropical Bank Uganda Limited and its client IT Office [U] Limited after the later failed to pay back a loan the former secured.IT Office Uganda Limited took a loan of Shs 6.840 billion from Prim

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Some EFC, Mercantile depositors yet to pick their money, says DPF 

Some EFC, Mercantile depositors yet to pick their money, says DPF 

The Deposit Protection Fund of Uganda (DPF) has asked depositors of the closed EFC Uganda and Mercantile Credit Bank who have not picked their money to make necessary arrangements to enable the Fund to pay their protected deposit up to the limit of Shs10m.   Speaking during the Makere

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Convenience and Safety Through Cashless Payments Uganda’s digital economy transition is accelerated by MTN MoMo’s innovative approach. By collaborating with platforms like School Pay, MTN MoMo has created a seamless payments marketplace where parents can pay school fees from ho

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High staff exits undermining banking sector stability, says BoU

High staff exits undermining banking sector stability, says BoU

Bank of Uganda (BoU) has said high staff turnover in some supervised financial institutions remained a key challenge in the year ended June 2024. The details, which are contained in the Bank of Uganda 2024 Annual Report, indicate that high staff turnover, which has remained unique to som

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SACCO Leaders Hail Stanbic for Unmatched Empowerment, Skilling Initiatives

SACCO Leaders Hail Stanbic for Unmatched Empowerment, Skilling Initiatives

Leaders from various Savings and Credit Cooperative Organizations (SACCOs) have commended Stanbic Bank for its commitment to empowering and skilling members of the SACCO community. The event held at Tuzza Hotel in Bushenyi brought together over 100 leaders from across the West Ankole Region,

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Digital transformation is a catalyst for business growth

Digital transformation is a catalyst for business growth

Last month, I had the pleasure of attending the MTN ICT Expo at Mestil Hotel in Kampala. This event was an incredible gathering of customers, experts, and thought leaders, all exploring how digital transformation is shaping various sectors like health, education, banking, ICT, and even the p

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BREAKING NEWS: MTN Writes to Kalemera over Shs 260bn Tax Dispute; Accuses URA of Coercion, Corruption

BREAKING NEWS: MTN Writes to Kalemera over Shs 260bn Tax Dispute; Accuses URA of Coercion, Corruption

MTN Uganda has accused Uganda Revenue Authority (URA) of deploying â€˜coercive tactics’ to extract Shs 260bn from the telecom in an ‘unfounded’ tax assessment.MTN Uganda also blamed URA officials for ex

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Gen Muhoozi Appoints NUP’s Lwanga to Head Greater Mukono

Gen Muhoozi Appoints NUP’s Lwanga to Head Greater Mukono

The Chairman of the Patriotic League of Uganda (PLU) Muhoozi Kainerugaba has appointed Njeru Municipality Member of Parliament, Jimmy Lwanga as coordinator for Greater Mukono.PLU Secretary General, David Kabanda a

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