The Executive Director Uganda Microfinance Regulatory Authority (UMRA) says 86 percent of the borrowing in Uganda is happening in the Tier IV sector “A recent study shows that most Ugandans have ditched banks for Microfinance Deposit-taking Institutions (MDIs),” Ms Edith Namugga Tusu
The death on Monday of a nine-year-old boy in Kabale District after contracting rabies from a stray dog opens an old festering wound in the country. The boy died on a day his contemporaries returned to school to have a crack at the third and final term of their academic year in Primary Three
A teacher at Moroto Core PTC is urgently seeking assistance from well-wishers to cover Shs74 million in medical bills incurred after his wife underwent brain surgery at Mengo Hospital to remove a tumor. Mr John Dokolem, who has been a tutor at Moroto Core PTC since 1992, shared that he h
The Ugandan Mission in Abuja, Nigeria, is allegedly facing a financial crisis after its accounting officer, Mr Eriya Tusubira, was reportedly asked to return to Kampala. The Mission accuses Mr Tusubira of being absent from his post for more than six months and exhibiting unbecoming behav
A new survey has found that Generation Z is at the forefront of taking mental health days, with almost half of Americans acknowledging that stress is a significant trigger for illness.Generation Z Leading the Way According to the survey conducted by Talker Research for Traditional Medicinals
Kampala, Uganda – Stanbic Uganda’s mother company—Standard Bank Group, which is also Africa’s largest bank by assets, has been recognised as one of Time Magazine’s World’s Best Companies and Newsweek’s World’s Most Trustworthy Companies. TIME and Newsweek are esteemed media organisat
Equiy Bank has today unveiled a range of new digital savings products designed to help customers save seamlessly, grow their money and reach their financial goals with greater ease. Accessible through the bank’s Mobile App and online platforms, the offerings include Classic Savings, Call
The new regulation demanding coffee farmers and exporters to prove that the commodity did not contribute to deforestation before being allowed access to the European Union (EU) market has suddenly sent the sector regulator into an overdrive mode, if not, a state of uncertainty, Prosper Magaz
Experience Senior Living (ESL) proudly announced that Lauren Friedman, Executive Director at Sancerre Atlee Station in Mechanicsville, Virginia, was awarded the prestigious 2024 Assisted Living Administrator of the Year by the Virginia Health Care Association-Virginia Center for Assisted Living (VHC
President Museveni held a mega celebration of his 80th birthday yesterday, making him the eighth oldest head of state with a firm grip on power in Africa.The festivities were held in Luweero District, the heartlan
