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Opportunity Bank Basks in Triumph at BoU's Agricultural Credit Facility Awards

Opportunity Bank Basks in Triumph at BoU's Agricultural Credit Facility Awards

It was a night to remember as Opportunity Bank Uganda scooped nine awards at this year's Agricultural Credit Facility Awards(ACF) organised by Bank of Uganda.The awards ceremony was held at the Sheraton Hotel, Kampala to mark 15 years of  the transformative ACF loan scheme,

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Museveni Rallies Kitagwenda on Homestead Income

Museveni Rallies Kitagwenda on Homestead Income

President Museveni, accompanied by the First Lady and Minister of Education and Sports, Janet Museveni, has addressed a rally at Kichwamba Secondary School in Kitagwenda District, thanking residents for their cooperation in maintaining peace and rejecting rebel activities.He credited

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PDM is Part of Our Philosophy From the 1960s- Museveni

PDM is Part of Our Philosophy From the 1960s- Museveni

President Museveni has said that the Parish Development Model (PDM) program is one of the National ResistanceMovement (NRM) government’s deliberate interventions to get people out of poverty.“The program of PDM is part of our philosophy from the 1960s.We didn’t believe th

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The Real Liberation is in Skill, says Museveni as he Launches Ntoroko Skilling Hub

The Real Liberation is in Skill, says Museveni as he Launches Ntoroko Skilling Hub

President Museveni has said that Uganda’s true path to liberation lies not just in politics but also in technology, skills andpractical education.“Skilling hubs have two purposes. One is to create wealth. Wealth comes from people,” he said.The president made the re

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Absa Enhances its Digital Offering With Instant Loans, Online Account Opening

Absa Enhances its Digital Offering With Instant Loans, Online Account Opening

Absa Bank Uganda today unveiled two new digital innovations, digi loans and online account opening, aimed at meeting the growing demand for fast, convenient, and paperless banking.The digi loan allows eligible customers to instantly borrow between shs20,000 and shs 2 million with

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Trump has 'no idea' who Australian election loser Peter Dutton is

Trump has 'no idea' who Australian election loser Peter Dutton is

BBC | US President Donald Trump says he is "very friendly" with Australian Prime Minister Anthony Albanese, who was re-elected over the weekend in a landslide victory."We have had a very good relationship," Trump told the Sydney Morning Herald at the White House on Su

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Kagadi Leaders Turn To Moneylenders As Govt Delays Funds For Four Months

Kagadi Leaders Turn To Moneylenders As Govt Delays Funds For Four Months

Leaders of Kagadi Town Council in Kagadi District have raised alarm over a four-month delay in the remittance of funds from the central government, a situation they say has crippled service delivery and left them with no choice but to borrow from moneylenders.The town council last received

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From 139 Members to 15,000, Sacco Records Over Shs18bn in Loan Value

From 139 Members to 15,000, Sacco Records Over Shs18bn in Loan Value

Adjumani Town Council Savings and Credit Cooperative Organization (Sacco) has recorded impressive growth, celebrating a major milestone during its 16th Annual General Meeting (AGM) held on Saturday.Established in 2007 with just 139 members and a loan portfolio of Shs 7.7 million, the SCco

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Majority of GROW Loan Beneficiaries Deal in Trade, Agribusiness- Report

Majority of GROW Loan Beneficiaries Deal in Trade, Agribusiness- Report

A report on the performance of the Generating Growth Opportunities and Productivity for Women Enterprises(GROW) project has indicated majority of benefiting women entrepreneurs are dealing in trade and commerce, agriculture and agribusiness.The report highlights performance of the project

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Electricity Costs to Remain High Due to Expensive Investments - Prof Nuwagaba

Electricity Costs to Remain High Due to Expensive Investments - Prof Nuwagaba

Speaking at the Diaspora Exchange Forum hosted by Equity Bank, under the theme “Re-Routing Back Home: Funds Transfer for Powering Personal and Continental Growth,” Prof. Nuwagaba explained that the high cost of borrowing to develop electricity infrastructure makes lower electrici

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