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
Uganda projects 10.4% economic growth in FY2026/27independent.co.ug44minKAMPALA, UGANDA | Xinhua | Uganda’s economy is forecast to expand by 10.4 percent by the end of the 2026/2027 financial year, up from an estimated 6.6 percent at the end of the 2025/2026 financial year.
U.S. President Donald Trump on Tuesday signed a proclamation expanding the list of countries subject to full or partial entry restrictions to cover around 40 countries, effective on Jan. 1, 2026.Trump “signed a Proclamation expanding and strengthening entry restrictions on nationals from
The late Kawempe South MP Muhammad Ssegirinya’s case is the most complicated.The Uganda Parliamentary Savings and Credit Cooperative Organisation (SACCO) is withholding savings belonging to at least 34 deceased legislators due to bitter disputes among i
Hon. Betty Bakireke Nambooze was once among the clearest symbols of defiance in Uganda’s opposition politics. Her courage under repression, sharp tongue, and legislative activism gave her a moral authority few politicians enjoyed. Yet as the 2026 elections approach, securing a fourth parliament
President Yoweri Museveni’s campaign visit to Butebo district in Eastern Uganda last week was marred by a series of unfortunate translation failures, leaving both the president and the crowd struggling to communicate effectively.This was reminiscent of what happened in Mbale where a furi
“Such provocation is unacceptable and appropriate actions will be taken to protect the Burundian population,” Bizimana said in a statement issued late on Friday.A telecommunication station was hit in Kamanyola, DRC which is under rebel M23 controlBurundi has accused AFC/M23 rebe
Uganda’s notorious gold fraud syndicates have struck again—this time roping in high-profile foreign operatives, including a former FBI Special Agent, a former U.S. Army Ranger, and a U.S. Embassy employee in Sierra Leone, in what is shaping up to be one of the most dramatic cross-border scams
Stanbic Bank Uganda, in partnership with the Uganda Communications Commission (UCC), ONGEA Africa and the Uganda Digital Society, has launched the Stanbic Ongea Digital Creators Summit, a major initiative aimed at empowering young creators with digital skills, business training, financial literac
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
