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Ugandans choosing MDIs over banks, UMRA reveals

Ugandans choosing MDIs over banks, UMRA reveals

The Executive Director Uganda Microfinance Regulatory Authority (UMRA) says 86 percent of the borrowing in Uganda is happening in the Tier IV sector “A recent study shows that most Ugandans have ditched banks for Microfinance Deposit-taking Institutions (MDIs),” Ms Edith Namugga Tusu

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Here is how to choose the right investment for sustainable wealth

Here is how to choose the right investment for sustainable wealth

Wealth creation refers to the process of investing your savings to grow your wealth by choosing investments that align with your financial goals. The modern approach to wealth creation of budgeting and saving builds wealth through a variety of methods using financial products. Certainly, whe

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Don’t blame us for high fees, private schools say

Don’t blame us for high fees, private schools say

Private school administrators have responded to mounting public outcry over what is perceived as unduly high tuition fees, attributing the costs to operational expenses. Although many administrators declined to provide a detailed breakdown of their expenditure, they pointed to utility bi

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Thirsty Eagles circle scarred Vipers

Thirsty Eagles circle scarred Vipers

With their backs against the wall, sixt-time league winners Vipers face a do-or-die moment as they prepare for a crucial showdown with Baker Mbowa's rejuvenated Express on Thursday at St Mary's Stadium Kitende.  After a dismal 3-1 defeat to Nec on Sunday that left fans in disbelief, dr

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Museveni gave us what we wanted but failed to give us what we really needed

Museveni gave us what we wanted but failed to give us what we really needed

Of the few moments of regret that I carry in my heart, one relates to a moment etched indelibly in my head from over 30 years ago. It was, if memory serves me right, late 1988 or early 1989, and Mr Museveni was visiting Kamuli Boys Boarding Primary School where, the two regular readers of th

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Kyambogo University to Operate Without Lecturers Over UGX 6.7 Billion Debt

Kyambogo University to Operate Without Lecturers Over UGX 6.7 Billion Debt

(Kampala) – Uganda’s academic powerhouse, Kyambogo University, is making headlines for all the wrong reasons. The venerable institution, home to countless ambitious minds, is set to trim its staff of part time lecturers thanks to a staggering UGX 6.7 billion debt hanging over its head like a hea

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The Smash Burger Sensation: Why the UK Can't Get Enough

The Smash Burger Sensation: Why the UK Can't Get Enough

In a culinary revolution sweeping the UK, the smash burger has taken the nation by storm, captivating the hearts and taste buds of burger enthusiasts everywhere. The Rise of a Phenomenon The days of overly complex burgers requiring structural engineering to consume are long gone. The latest craze i

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Tips to Help Your Older Dog Adjust to a New Puppy

Tips to Help Your Older Dog Adjust to a New Puppy

With a little patience and care, you can help your older dog adjust to a new puppy and ensure a harmonious bond between them. Understanding Your Dog's Behavior If your older dog is showing signs of jealousy towards the new puppy, it's important to understand that this behavior stems from a sense of

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Travelers Feel Frustrated as Hidden Fees and Policies Overwhelm Booking Experience

Travelers Feel Frustrated as Hidden Fees and Policies Overwhelm Booking Experience

In the fast-paced world of travel, booking trips has become more frustrating than ever for many travelers. Navigating Hidden Fees Travelers are increasingly feeling overwhelmed as they try to navigate the maze of hidden fees and policies for essentials like seat selection or luggage. According to r

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Parliament debates Museveni's fitness as he turns 80

Parliament debates Museveni's fitness as he turns 80

Deputy Speaker of Parliament Thomas Tayebwa on Tuesday led the House in congratulating President Museveni for marking 80 years, with the Kira Municipality legislator, Mr Ibrahim Ssemujju Ngada, demanding that the Head of State be subjected to frequent medical check-ups about his ‘fitness

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