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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

Ultimate Uganda

Meeting Consumer Demand: The Rise of Competent and Ethical Financial Planners

Meeting Consumer Demand: The Rise of Competent and Ethical Financial Planners

In today's fast-paced world, securing a stable financial future is more important than ever. Whether it's planning for retirement or creating a well-balanced investment strategy, the need for expert financial advice is in high demand.Addressing Consumer Needs With a significant number of fin

Ultimate Uganda

Grand Theft Auto 6 Officially Set for 2025 Release Date Confirmed by Take-Two Interactive

Grand Theft Auto 6 Officially Set for 2025 Release Date Confirmed by Take-Two Interactive

In exciting news for Grand Theft Auto enthusiasts, the highly anticipated sixth installment, GTA 6, is officially scheduled for release in autumn 2025.Take-Two Interactive , the publisher, has reiterated its commitment to launching GTA 6 in mid-late 2025, according to a recent Securities and Exchang

Ultimate Uganda

Innovative Egg Harbor Township Teacher Unveils New Robot to Enhance Students' Skills

Innovative Egg Harbor Township Teacher Unveils New Robot to Enhance Students' Skills

In a bid to enhance students' computer programming skills, Ed Brower, a career and technical education teacher at Egg Harbor Township High School, dedicated three summers out of the past four years to build a cutting-edge robot. Known as Eagle One, this innovative creation will be introduced to both

Ultimate Uganda

Do not gloss over the rabies disease burden

Do not gloss over the rabies disease burden

The death on Monday of a nine-year-old boy in Kabale District after contracting rabies from a stray dog opens an old festering wound in the country. The boy died on a day his contemporaries returned to school to have a crack at the third and final term of their academic year in Primary Three

Ultimate Uganda

Navigating the Role of Technology in Atlanta Schools

Navigating the Role of Technology in Atlanta Schools

In our rapidly evolving digital age, the use of technology in children's education has become a topic of intense discussion. Many schools in metro Atlanta have recently implemented cellphone bans to address issues such as cyberbullying and distractions. Finding the Right Balance Striking a balance

Ultimate Uganda

PSFU asks govt to address delays in paying domestic arrears

PSFU asks govt to address delays in paying domestic arrears

Private Sector Foundation Uganda (PSFU) has asked government to ensure that electricity costs are reduced in the 2025/26 financial to improve competitiveness. PSFU also wants government to ensure that the country has adequate fuel reserves to address transport cost shocks that continue t

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Equity Bank Unveils Digital Savings Options To Boost Financial Inclusion

Equity Bank Unveils Digital Savings Options To Boost Financial Inclusion

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

Ultimate Uganda

PRIMEHow Facebook investment club has amassed Shs749m

PRIMEHow Facebook investment club has amassed Shs749m

Traditionally, investment clubs were small, community-based groups that met regularly to discuss opportunities and pool their resources into low-risk ventures. Today, this landscape has evolved. Modern investment clubs are now boldly pooling funds to venture into higher-risk assets and f

Ultimate Uganda

NMG introduces special desk for climate change

NMG introduces special desk for climate change

The year 2023 was confirmed as the warmest on record, with the average global temperature reaching 1.45°C, according to a World Meteorological Organisation (WMO) report.  This alarming increase in global warming is largely attributed to human-induced climate change, further exacerbated

Ultimate Uganda