Pearl Bank Uganda, formerly PostBank, has opened a new head office in Kololo, backed by strong financial growth and a broader strategy to reposition itself as a modern, digitally driven institution focused on expanding credit and deepening financial inclusion.A new phase in Uganda’s bank
Pearl Bank Uganda, formerly PostBank, has opened a new head office in Kololo, backed by strong financial growth and a broader strategy to reposition itself as a modern, digitally driven institution focused on expanding credit and deepening financial inclusion.A new phase in Uganda’s bank
Gender Minister Betty Amongi has hit back at Health Minister Jane Ruth Aceng over allegations of witchcraft in the Lira City Woman MP race, escalating a political feud marked by claims of electoral interference, misuse of security forces, and deepening divisions within Lango’s leadership.
Today’s economic hardship is real, with many Ugandans, especially teachers, feeling the pinch. The burden of debt is palpable, and it is affecting the quality of education. With salaries stretched thin, borrowing has become a survival tool. But the cycle of repayment pressure is taking a toll.
Michael Opira, Executive Director, Operations at Centenary Bank, brings over 27 years of banking experience as he returns to the institution where his career began.Centenary Bank has appointed seasoned banking executive Michael Opira as its new Executive Director, Operations, marking a sig
KAMPALA — A growing number of Ugandans are increasingly finding ways to bypass mobile money loan repayments, highlighting rising tensions between digital lenders and borrowers struggling with daily financial pressures.Reports indicate that many users are diverting transactions to alterna
Government has quietly converted a Shs7.78 trillion temporary advance from the Bank of Uganda into long term public debt, a move that will see taxpayers commit to years of repayments amid rising pressure on the country’s finances.According to the Parliamentary Committee on Finance report
KAMPALA — The Secretary General of the Patriotic League of Uganda (PLU) and Kasambya County Member of Parliament, Hon. David Kabanda, has called on Ugandans to participate in large numbers in the upcoming birthday run organized in honor of Gen. Muhoozi Kainerugaba.The run is scheduled to
President Museveni assents to the Valuation Act 2025, introducing strict standards and fines of up to 100 million Shillings to regulate Uganda’s real estate sector.KAMPALA — President Yoweri Museveni has assented to the Valuation Act, 2025, a landmark piece of legislation designed to f
At the heart of Uganda’s Commercial Court sits a quiet crisis with far-reaching economic consequences: 623 unresolved banking cases locking up an estimated UGX 2 trillion in disputed value. For banks, this means capital tied down in provisioning and delayed recovery; for borrowers, businesses f
