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Ugandan banks approve UGX1.93 trillion in loans as personal credit leads

Ugandan banks approve UGX1.93 trillion in loans as personal credit leads

A customer receives a step-by-step guide on using the Wendi mobile wallet, empowering them to seamlessly send and receive international money transfersKAMPALA, Uganda — Commercial banks and financial institutions in Uganda approved 1.93 trillion shillings in new credit during October, wi

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Museveni gives China-Uganda Mbale Industrial Park thumbs up, second park planned

Museveni gives China-Uganda Mbale Industrial Park thumbs up, second park planned

A team from the China-Uganda Mbale Industrial Park briefs President Museveni and First Lady Janet Museveni. Far right is Luke Wang, Managing Director, Tian Tang Group, and Lucy Zhang, Group CEORWAKITURA, Uganda | THE INDEPENDENT | President Yoweri Museveni has approved a proposal to estab

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Need Quick Cash? Equity Bank Lets You Borrow Up to UGX 20M Instantly

Need Quick Cash? Equity Bank Lets You Borrow Up to UGX 20M Instantly

Whether you’re facing unexpected expenses, need to pay school fees, or want to grab a timely opportunity, Equity Bank Uganda’s salary loans are designed to support your financial goals quickly and conveniently.Here’s a complete guide on how to apply, what you’ll need, and how to ma

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Kenya receives advanced Israeli SPYDER air defense system.

Kenya receives advanced Israeli SPYDER air defense system.

Kenya has secured its national airspace by procuring the Israeli-made SPYDER air defense system, which empowers the Kenya Defence Forces (KDF) to intercept and destroy hostile aircraft, drones, and tactical missiles.According to The Jerusalem Post, this high-tech acquisition empowers the K

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Starlink Imports to be Cleared by Gen Muhoozi

Starlink Imports to be Cleared by Gen Muhoozi

Uganda has imposed immediate restrictions on the importation and customs clearance of Starlink satellite internet equipment and related communication devices, according to an internal memorandum issued by the Uganda Revenue Authority (URA).In a notice dated Dec. 19 and addressed to all cus

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ROAD CARNAGE! 8 Mobile Market Vendors Killed, 7 Critically Injured in Buhweju

ROAD CARNAGE! 8 Mobile Market Vendors Killed, 7 Critically Injured in Buhweju

Police in the Greater Bushenyi Region are investigating circumstances surrounding a fatal road accident that claimed the lives of eight people and left seven others critically injured in Buhweju District.The accident occurred on December 20, 2025, at about 10:45pm in Kisaana Village along

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Uganda Launches Okusevinga: First Government-Owned Unit Trust Scheme

Uganda Launches Okusevinga: First Government-Owned Unit Trust Scheme

Uganda Launches Okusevinga: First Government-Owned Unit Trust SchemeThe Bank of Uganda (BoU), in collaboration with the Ministry of Finance, Planning and Economic Development (MoFPED), has launched the pilot phase of Project Okusevinga, Africa’s first government-owned unit trust scheme.

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Uganda Strengthens Mobile Money Lending Rules to Combat Loan Defaults

Uganda Strengthens Mobile Money Lending Rules to Combat Loan Defaults

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

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Mufumbiro further remanded till January 6.

Mufumbiro further remanded till January 6.

Waiswa Mufumbiro has been further remandedNakawa Chief Magistrate’s court has further remanded opposition National Unity Platform (NUP) parliamentary candidate Waiswa Mufumbiro, who is facing charges of inciting party supporters to murder a security personnel.Mufumbiro appeared in

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Son 'beat mum to death as husband watched and then they burnt body

Son 'beat mum to death as husband watched and then they burnt body

Gabriel Vilchez, 18, and his 64-year-old stepfather David Gardiner have been charged in relation to the death of Silvia Vilchez, whose charred remains were later discovered on the family's propertyGabriel Vilchez and David GardinerGabriel Vilchez and David Gardiner (Image: Sequatchi

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