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Stanbic Launches New Mortgage Solution to Breaks Financing Barrier to Home Ownership

Stanbic Launches New Mortgage Solution to Breaks Financing Barrier to Home Ownership

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

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Kitagwenda Leaders Urge Museveni on Ibanda-Rubirizi Road Pledge Ahead of PDM Visit

Kitagwenda Leaders Urge Museveni on Ibanda-Rubirizi Road Pledge Ahead of PDM Visit

As President Museveni prepares to visit Kitagwenda District on Sunday, May 18, 2025, for a performance assessment of the Parish Development Model (PDM) project, local leaders are seizing the opportunity to remind him of a long-standing pledge to tarmac the Ibanda–Kabujogera–Rwenja–Rubirizi

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Pride Microfinance Celebrates Becoming Bank

Pride Microfinance Celebrates Becoming Bank

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

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Museveni Asks Africa to Defend Family Values, Securie Economic Sovereignity

Museveni Asks Africa to Defend Family Values, Securie Economic Sovereignity

President Museveni urged African leaders to firmly resist foreign ideologies that threaten the continent’s familyfoundations and to match this resistance with a determined pursuit of economic and political integration to secure Africa’s future.The president made the remarks

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Absa Enhances its Digital Offering With Instant Loans, Online Account Opening

Absa Enhances its Digital Offering With Instant Loans, Online Account Opening

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

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Kagadi Leaders Turn To Moneylenders As Govt Delays Funds For Four Months

Kagadi Leaders Turn To Moneylenders As Govt Delays Funds For Four Months

Leaders of Kagadi Town Council in Kagadi District have raised alarm over a four-month delay in the remittance of funds from the central government, a situation they say has crippled service delivery and left them with no choice but to borrow from moneylenders.The town council last received

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Traders in Ndeeba Devastated After Fire Guts Property

Traders in Ndeeba Devastated After Fire Guts Property

Hundreds of traders are grappling with catastrophic losses following last night fire that gutted Ndeeba in Kasumba Zone Lubaga DivisionThe worst-hit were those dealing in timber and woodworking machinery, whose livelihoods were reduced to ashes overnight.Frustrated by recurring fire

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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

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Fire Guts Nyumanzi Market Structures, Traders Left Devastated

Fire Guts Nyumanzi Market Structures, Traders Left Devastated

A section of traders at Nyumanzi Market in Ajugopi Parish, Dzaipi Sub-county comprising both nationals and refugees are counting heavy losses following a devastating fire outbreak on Sunday evening.James Ondoga Okido, the Dzaipi Sub-county Local Council III Chairperson, said the

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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

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