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Uganda Strengthens Mobile Money Lending Rules to Combat Loan Defaults

Uganda Strengthens Mobile Money Lending Rules to Combat Loan Defaults

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

Ultimate Uganda

Activists speak out on Museveni “bullet” threats.

Activists speak out on Museveni “bullet” threats.

President Museveni’s caution to his rivals against provoking the army has drawn criticism from human rights activists, some calling it unconstitutional.While addressing journalists at his Kisozi farm on Wednesday evening, the National Resistance Movement (NRM) presidential candidate, Yow

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 Kyagulanyi Asks Police, Army to Vote Him for Better Welfare

Kyagulanyi Asks Police, Army to Vote Him for Better Welfare

Speaking during a campaign rally in Serere Town, Kyagulanyi emphasized the importance of support from the security forces. The rally was marked by a heavy deployment of police, the Uganda People’s Defence Forces (UPDF), and other security agencies, which he said were intended to block his entry

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Wiz Khalifa Sentenced To 9 Months In Romanian Prison! OMG!

Wiz Khalifa Sentenced To 9 Months In Romanian Prison! OMG!

Wiz Khalifa, Mr. Young, Wild & Free himself, is suddenly not looking very free at all after a Romanian court slapped him with a jaw-dropping nine-month prison sentence over weed. Yes, you read that right. Nine months. For marijuana. In 2025. The universe truly loves irony…Here’s th

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Bitcoin’s silent exodus hits crypto as long-time buyers cash out

Bitcoin’s silent exodus hits crypto as long-time buyers cash out

More than two months after the token hit a record high above $12 000, Bitcoin has fallen nearly 30% and is struggling to find support.Bitcoin’s most entrenched investors are still cashing out — and the pressure is starting to show.More than two months after the token hit a recor

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Uganda says to trim debt issuance by 21% in 2026/27 FY

Uganda says to trim debt issuance by 21% in 2026/27 FY

The Bank of Uganda, Uganda’s central bank, in Kampala, Uganda, on Wednesday, May 17, 2023. Uganda estimates that it will need $28.1 billion to adapt to the effects of climate change and cut emissions until the end of the decade. Photographer: Katumba Badru Sultan/Bloomberg via Getty Images

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Mufumbiro further remanded till January 6.

Mufumbiro further remanded till January 6.

Waiswa Mufumbiro has been further remandedNakawa Chief Magistrate’s court has further remanded opposition National Unity Platform (NUP) parliamentary candidate Waiswa Mufumbiro, who is facing charges of inciting party supporters to murder a security personnel.Mufumbiro appeared in

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Prosecutors allege SSP Agasiirwe provided guns and funding for Kagezi killing

Prosecutors allege SSP Agasiirwe provided guns and funding for Kagezi killing

Two men, including a senior police officer, have been committed to the High Court to stand trial for the 2015 murder of Joan Kagezi, the former assistant director of public prosecutions.The Office of the Director of Public Prosecutions on Wednesday moved to commit Senior Superintendent of

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Former Minister Nsaba Buturo’s Daughter Passes On

Former Minister Nsaba Buturo’s Daughter Passes On

The daughter of former minister Nsaba Buturo has passed on, drawing condolences from political, corporate and social circles across the country.Racheal Ainembabazi Buturo, a Marketing Assistant at Housing Finance Bank, died recently, according to an official statement released by the bank

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Kadaga not sick, but resting from fatigue, says campaign team

Kadaga not sick, but resting from fatigue, says campaign team

Former Speaker Rebecca Kadaga's official campaigner Felix Isabirye addresses journalists at her campaign offices in Kamuli Municipality.Kamuli, Uganda: The campaign team of Deputy Prime Minister and Minister for East African Community Affairs, Rt. Hon. Rebecca Alitwala Kadaga has dismissed

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