Mobile money has become one of the biggest sources of borrowing in Uganda, with millions of people now relying on their phones for quick loans instead of traditional banks.In 2025 alone, Ugandans borrowed at least Shs2.75 trillion through mobile money platforms, highlighting how digital le
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.
Singer Weasel Manizo is the center of controversy after one Sammy Amanya accused him of stabbing him and driving him to the hospital.Sammy, who was in his hospital bed, narrated to Sanyuka TV viewers, revealing that the incident happened on 19th January, when he went to Weasel’s home to
Ms. Jackie Namutebi, an official from the Microfinance Support Centre, has challenged leaders of Emyooga SACCOs to focus on improving their SACCOs in order to achieve the presidential vision of fighting poverty in Uganda.She stressed the importance of increasing savings in these SACCOs and
Hajjati Rehema Nankya, the brain behind Fortress Hardware in Maya. She started with a small shop with capital worth UGX1.5M.Fortress Hardware, located in Maya Trading Centre along the Kampala–Masaka Highway, isn’t an ordinary enterprise. There’s a unique and inspiring story behind it
Uganda’s opposition has tabled an alternative Shs71.4 trillion budget, warning that rising debt obligations and rigid expenditures are squeezing service delivery, while drawing parallels with last year’s fiscal plan that faced similar criticism over debt sustainability and limited fiscal spac
The Commercial Division of the High Court has ordered Jie County MP, Lokii Peter Abrahams, to pay businessman and money lender Amit Jain nearly 5 billion Shillings for failure to repay a loan taken in 2012.Justice Steven Mubiru ruled that Lokii defaulted on a 265 million Shillings loan, wh
In a recent podcast of Bad Natives, I argued that there is a real risk of Uganda defaulting on her domestic bonds in two to three years. It makes little sense to judge a country’s debt sustainability using the debt-to-GDP ratio. GDP is not a resource of government which it can use to pay credit
Uganda's Ministry of Works and Transport extends the suspension of the automated Express Penalty Scheme (Auto EPS) and new speed limits as the review of controversial traffic laws continues.KAMPALA, Uganda — The Ministry of Works and Transport is overhauling the national automated traffi
Winstone Katushabe, commissioner for road safety at the Ministry of Works and Transport addressing stakeholders on Wednesday in KampalaKAMPALA: Uganda is preparing to reinstate its automated traffic fines system, with officials now focusing on enforcing a 30 kilometres per hour speed limit
