Search Results

From 139 Members to 15,000, Sacco Records Over Shs18bn in Loan Value

From 139 Members to 15,000, Sacco Records Over Shs18bn in Loan Value

Adjumani Town Council Savings and Credit Cooperative Organization (Sacco) has recorded impressive growth, celebrating a major milestone during its 16th Annual General Meeting (AGM) held on Saturday.Established in 2007 with just 139 members and a loan portfolio of Shs 7.7 million, the SCco

Ultimate Uganda

Majority of GROW Loan Beneficiaries Deal in Trade, Agribusiness- Report

Majority of GROW Loan Beneficiaries Deal in Trade, Agribusiness- Report

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

Ultimate Uganda

Tesla shares tumble ahead of first-quarter earnings report

Tesla shares tumble ahead of first-quarter earnings report

Tesla shares fell almost 6% on Monday, a day ahead of the electric vehicle company's first-quarter earnings report, as analysts fret over "ongoing brand erosion."The stock closed at $227.50 leaving it less than $6 above its low for the year on April 8. The shares are now down 44% for the year af

Ultimate Uganda

Massive Pay Rise Looms For All Public Servants As Gov’t Tables UGX688.9 Billion Salary Plan

Massive Pay Rise Looms For All Public Servants As Gov’t Tables UGX688.9 Billion Salary Plan

The Ministry of Public Service has unveiled a plan for a massive salary enhancement strategy targeting all public servants across Uganda—a move projected to cost taxpayers over UGX688.9 billion.This proposal is detailed in the 2025/2026 Ministerial Poli

Ultimate Uganda

DOGE cuts $51M from US African Development Foundation, including $229K to market shea butter

DOGE cuts $51M from US African Development Foundation, including $229K to market shea butter

Senator Dave McCormick spoke to Brian Kilmeade about how President Trump and Elon Musk are doing the public good with DOGE. Plus, McCormick on his new book "Who Believed in You: How Purposeful Mentorship Changes the World"The Department of Government Efficiency (DOGE) announced $51 million in cu

Ultimate Uganda

UCU Kagando University College Graduands Tipped on Integrity, Professionalism

UCU Kagando University College Graduands Tipped on Integrity, Professionalism

The Permanent Secretary in the Ministry of Education and Sports, Canon Dr. Kedrace Turyagyenda, has charged graduates of Uganda Christian University Kagando University College to exhibit a high level of professionalism, integrity, and willingness to learn.Dr. Turyagyenda made the remarks t

Ultimate Uganda

Newbridge bungalow close to main street features gated entrance, 160sq ft garage and four bedrooms

Newbridge bungalow close to main street features gated entrance, 160sq ft garage and four bedrooms

Set in a small development near amenities, the property has a south-west facing back garden and partially floored attic Asking price: €465,000Agent: Jordan Town and Country Estate Agents (045) 433 550​Residents of Moore Avenue in Newbridge don’t have far to go for their weekly shop

Ultimate Uganda

Court Orders Sale of Emerald Hotel over ABSA Loan

Court Orders Sale of Emerald Hotel over ABSA Loan

Kampala, Uganda – The Court of Appeal has directed the appointed receiver to audit and sell Emerald Hotel in Kampala within six months under court supervision.This decision overturns a prior High Court judgment

Ultimate Uganda

Kenyan firm Moves to Seize KIU as Embattled businessman Basajjabalaba defaults on Shs. 57B loan

Kenyan firm Moves to Seize KIU as Embattled businessman Basajjabalaba defaults on Shs. 57B loan

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

Ultimate Uganda

Minister Dr. Ruth Aceng Delivers Clean And Safe Water To Lira City Residents

Minister Dr. Ruth Aceng Delivers Clean And Safe Water To Lira City Residents

In City East Division, a constituency represented in the 11th Parliament by the UPC Party President, Akena Jimmy James Michael, is found Te-Obwolo Village, where electorates shared water with animals for over 10 years at no one’s concern; Thanks Dr. Jane Ruth

Ultimate Uganda