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
As Ugandans prepare to celebrate Christmas and usher in the New Year, the Uganda Aids Commission (UAC) has issued a warning against reckless behaviours, saying it could reverse gains made in the fight against HIV/Aids.The UAC Director General, Dr Nelson Musoba, cautioned that while the fes
According to the directive, all prison officers are required to remain fully alert and vigilant at all times, with routine patrols to be conducted both within and around prison facilities and staff barracks to prevent any security breaches.The Uganda Prisons Service has declared a Standby
The Butaleja District Local Government has been plunged into a serious administrative crisis that has denied more than 60 newly recruited education personnel, including headteachers, deputies, and assistants, their pay for several months. This is further characterized by debilitating resource sho
The Energy Minister argued that ignoring performance deficiencies would endanger the electricity sector more than confronting them, especially given mounting public frustration.Uganda’s Energy Minister Ruth Nankabirwa has defended her directive for a full board-led investigation into sta
President Museveni has appointed a new leadership of the General Court Martial, clearing the final administrative hurdle for the long-awaited prosecution of former military intelligence chief Major General James Birungi, who has been detained since August on charges that include treason, terroris
Centre auctions 3 coal blocks, likely to attract Rs 7,350 crore investmentlokmattimes.com55minNew Delhi, Nov 25 The Ministry of Coal on Wednesday successfully completed the auction of three coal blocks ...Centre auctions 3 coal blocks, likely to attract Rs 7,350 crore
Uganda’s petroleum sector has reported an increase in the country’s estimated oil and gas reserves, according to Ernest Rubondo, Executive Director of the Petroleum Authority of Uganda (PAU), a government agency that regulates the sector.According to Rubondo, the latest assessments ind
Losilang in Kotido Municipality was filled with excitement and emotion as thousands witnessed the official launch of the Karamoja Peace and Technology University (KAPATU). For many residents, the moment felt historic—a long-awaited step toward healing, learning, and building a stronger, more pe
Solid inflows clash with a weak altseason index, so all’s not what it seems.Wall Street finally is giving altcoins a seat at the table - But can they keep it?Key TakeawaysAre altcoin ETFs enough to trigger an altseason?Early inflows are strong for some assets, but th
