Stanbic Bank has introduced a preapproved mortgage financing solution that empowers existing clients with up to shs 500 million—without the need for the traditional loan application process.“Homeownership should not be a privilege for a few—it should be an achievable milestone for ev
Officials have hailed the 30 year transformation journey of Pride Microfinance which has seen it transform into a tier two bank.Speaking during a dinner held at Kampala Serena Hotel on Friday, The Pride Bank, board chairman, Fred Jachan Omach said the bank celebrates three remarkable decad
Absa Bank Uganda today unveiled two new digital innovations, digi loans and online account opening, aimed at meeting the growing demand for fast, convenient, and paperless banking.The digi loan allows eligible customers to instantly borrow between shs20,000 and shs 2 million with
A report on the performance of the Generating Growth Opportunities and Productivity for Women Enterprises(GROW) project has indicated majority of benefiting women entrepreneurs are dealing in trade and commerce, agriculture and agribusiness.The report highlights performance of the project
The Member of Parliament for Bukoto South, Dr Twaha Kagabo, has confirmed receiving Shs100 million in a cash bonanza at Parliament, despite initial denials from some opposition legislators."If President Museveni confirmed that he gave Shs100 million to each legislator, who am I to deny tha
As Parliament prepares to approve its policy statements guiding the 2025/26 national budget, scrutiny of its own financial plans reveals a potentially troubling trend: more money allocated to political administration than to the core legislative committees that drive parliamentary scrutiny and ov
City businessman and billionaire, Hassan Basajjabalaba could lose a significant part of his Kampala International University over UGX 57 billion loan dispute after the High Court in Kampala ruled in favor of Housing Finance Company Limited in a high-stakes financial dispute.The ruling, whi
The permanent secretary and secretary to the treasury Ramathan Ggoobi has interdicted the nine officials from the finance ministry under the Accountant General’s office.This follows an investigation in the minis
A massive scandal involving a Shs 1 trillion project has rocked the National Information Technology Authority of Uganda (NITA-U) as the World Bank uncovers significant corruption and mismanagement. The Uganda Digital Acceleration Project (UDAP), worth USD 200 million (about Shs 1 trillion), has b
As the first term of the 2025 academic year commences, parents should prepare for higher tuition fees for students admitted to Senior One in both leading government and private secondary schools.The cost of enroll
