David Kalyango, the Executive Director of Supervision at the Bank of Uganda, explained the vision: ensuring that every Ugandan, no matter their type of work, can access credit to grow businesses, boost investments, and drive development.The Bank of Uganda has been locked in a heated debate
Russia's economy is facing a "time bomb", as sanctions escalate and interest rates remain high. Businesses around the country are struggling to pay back loans and are fighting to stave off bankruptcy.Firms have watched on helplessly as interest rates were hiked to 21% towards the end of 20
Mzee Yosam Odur Ebii, the Paramount Chief (Won-Nyaci) of Lango, was laid to rest following a solemn ceremony that drew thousands. His body departed his residence at 11 a.m., beginning the funeral program with a procession to Teboke Primary School, where burial prayers were held.Led by the
DF President Mathias Mpuuga has made it clear that Bobi Wine has to demonstrate that he qualifies for and deserves his vote for the position of President as opposed to merely instigating foot soldiers to intimidate him into involuntarily declaring support for him.Mpuuga was speaking at a F
The Bank of Uganda (BoU) has reiterated that it remains the lawful supervisory authority over large Savings and Credit Cooperative Organisations (SACCOs), dispelling growing public misconceptions about changes in sector regulation.Mr. David Kalyango, the Executive Director for Supervision
The 81-year-old said if fellow NRM loyalists genuinely believed in the same principles, they would “be begging me not to leave,” rather than calling for his exit.President Yoweri Museveni has chastised Ugandans who speak against his lengthy grip on power, arguing that his continued lea
Popular Odia singer Humane Sagar (Human Sagar) has died. He passed away on Monday, November 17, following multiple organ failure. He was 36. Humane Sagar was admitted to All India Institute of Medical Sciences (AIIMS) Bhubaneswar with acute chronic liver failure and was said to be in a critical c
Thousands of people took to the streets of Mexico City to protest rising crime, corruption and impunity in a demonstration organised by members of Gen Z, which ultimately drew substantial support from older backers of opposition parties. The protest, however, ended in violence, leaving scores inj
Lionel Messi made an unplanned late-night visit to Camp Nou, surprising Barcelona officials. The Inter Miami star shared emotional memories and hopes for a future farewell.Lionel Messi surprised Barcelona officials with a late-night visit to Camp Nou, sharing emotional memories and express
Nearly two years after the World Bank Group suspended new funding to Uganda over the enactment of the Anti-Homosexuality Act, the international lender has lifted the ban.Deputy Speaker of Parliament Thomas Tayebwa was among the first to welcome the development, congratulating the Ministry
