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
"Chipotle Introduces Robots to Ensure Fair Food Portions and Efficiency Amid Rising Costs "Chipotle, the popular Mexican fast-food chain, is taking a significant step to address customer complaints about inconsistent food portions and rising costs. The company is now testing innovative robots at sel
Kampala, Uganda – Stanbic Uganda’s mother company—Standard Bank Group, which is also Africa’s largest bank by assets, has been recognised as one of Time Magazine’s World’s Best Companies and Newsweek’s World’s Most Trustworthy Companies. TIME and Newsweek are esteemed media organisat
Equiy Bank has today unveiled a range of new digital savings products designed to help customers save seamlessly, grow their money and reach their financial goals with greater ease. Accessible through the bank’s Mobile App and online platforms, the offerings include Classic Savings, Call
There was outrage on social media after Multichoice Uganda subscribers learnt that the service provider had hiked its premium contentâs pricing for DStv and GOtv once again as it struggles to balance its costs with the fast-shrinking market. The price increments average 3
Q: So Somdev, what's the big deal with the new Gaga Every Day campaign?Somdev Sen: It's all about giving our customers more! We revamped the Gaga bundles to offer greater flexibility and value. Whether they’re s
VisionFund Uganda has opened an office in Iganga District, Eastern Uganda, making it the first in Busoga Sub-region and bringing the total number of branches to 24 and seven field offices.Previously, VisionFund Uganda customers from Busoga travelled to either Tororo, Mbale and Soroti distr
Retail credit card interest rates have reached an all-time record, according to new data from Bankrate.The average APR for retail credit cards is 30.45% this year, which is up from 28.93% a year ago, 26.72% two ye
The duty to provide water and sanitation services in a home, has traditionally been a preserve for the woman in a family. Daily chores include water collection, sanitation management and hygiene maintenance and education of the children. This prevails in modern
McDonald's $5 meal deal has been extended yet again, making the affordable dinner option available for even longer than expected, according to The Associated Press. Instead of being a limited-time offer, the $5 meal deal, which includes a choice between a McDouble or a McChicken along with a smal
