Uganda has been urged to reduce the high cost of sending money from abroad, with officials and development experts warning that current transfer fees are discouraging remittances and stifling diaspora-led investment.The call was made during the commemoration of the Interna
President Yoweri Kaguta Museveni has continued to offer financial support to roadside market vendors, with an aim of improving their household incomes.For the last three (3) years, the President through a team of officials from State House has been traversing roadside markets along major H
As Uganda heads towards the 2026 general elections, the Forum for Democratic Change (FDC) Electoral Commission has revised its electoral roadmap to provide room for party leaders, Members of Parliament, and other National Executive Committee (NEC) leaders to support youth, elders, and persons wit
The United Boda Boda Cooperative Union has unveiled a comprehensive program aimed at enhancing the welfare of its members.This initiative introduces asset financing options, enabling riders to acquire motorcycles and land, thereby fostering economic empowerment and financial independence w
In a bid to address the low insurance penetration and rising out-of-pocket healthcare expenses in Uganda, Opportunity Bank Uganda has partnered with micro insurance provider Turaco to launch ‘Opportunity Sanyu, a micro medical cover product designed to cushion Ugandan families against medical a
Traffic inched forward from Kyaliwajjala towards Namugongo on Wednesday morning, as pilgrims who had gathered to commemorate Uganda Martyrs Day struggled to find transport back home.While many had already departed, significant numbers remained, stranded by a mix of logistical hurdles, low
For 130 days, tech billionaire Elon Musk was a "special government employee" working inside the Trump administration to slash what he said were wasteful government programmes and bloated departments.Now, after his exit last week, he is back on the outside. And it is the Tr
L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the Quarter One 2025 Investor Briefing event.The lender
Ugandan electricity distributor Umeme Limited has announced its intention to pursue international arbitration to recover a disputed sum of Shs.1.062tn from the Government of Uganda. The move follows unsuccessful negotiations regarding the final buyout amount after the conclusion of Umeme's conces
The government, with support from international financiers, is pressing ahead with a $50.4 million (about Shs182 billion) initiative aimed at transforming rural economies through water access, market infrastructure, and affordable microfinance.Known as the Local Economic Growth Support (LE
