A customer receives a step-by-step guide on using the Wendi mobile wallet, empowering them to seamlessly send and receive international money transfersKAMPALA, Uganda — Commercial banks and financial institutions in Uganda approved 1.93 trillion shillings in new credit during October, wi
Whether you’re facing unexpected expenses, need to pay school fees, or want to grab a timely opportunity, Equity Bank Uganda’s salary loans are designed to support your financial goals quickly and conveniently.Here’s a complete guide on how to apply, what you’ll need, and how to ma
With funding (Shs850bn) from World Bank, the GoU is continuing to use the PSFU-implemented GROW project to avail low-cost loans (at just 10% interest per annum) to hundreds of female entrepreneurs to enable them sustain, grow, expand and diversify their businesses while breaking into areas that h
Uganda's mobile money sector is taking major steps to prevent loan defaults and restore trust in digital lending. For years, some borrowers who defaulted on digital loans exploited loopholes by switching networks or SIM cards, making it difficult for lenders to recover funds. Under the previous s
The Energy Minister argued that ignoring performance deficiencies would endanger the electricity sector more than confronting them, especially given mounting public frustration.Uganda’s Energy Minister Ruth Nankabirwa has defended her directive for a full board-led investigation into sta
MTN Mobile Money Limited, in collaboration with Letshego Uganda and dfcu Bank, has unveiled two innovative loan products aimed at providing mobile money agents with instant working capital.The dfcu Bank Weekend Agent Loan and the Letshego Agent Float Loan expand the MoMo Agent Loans Market
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
MUBENDE — Horror has hit Mubende Town after the manager of Prime Rose Hotel — who also happens to be the son of the hotel owner — allegedly murdered one of his long-serving workers and buried him secretly after accusing him of stealing charcoal.The suspect, Genesis Dduhimbaazi, manag
China remains our “most irreplaceable customer,” said Jim Sutter, chief executive officer of the U.S. Soybean Export Council (USSEC).“We have been in China since 1982. Over the past 43 years, we’ve invested in relationship-building, training and cooperation with the Chinese industr
As Black Friday approaches, Victoria Beckham's eponymous beauty brand is offering an incredible deal for a limited time onlyVictoria Beckham's beauty brand has 20% off everything - but not for long (Image: Getty)While Black Friday officially star
