The Ministry of Finance, Planning and Economic Development has revealed that in April 2026, the Supervised Financial Institutions approved loans worth UGX2.053Trn out of the requested UGX4.074Trn, translating into an approval rate of 50.4 percent.The details are contained in the Performanc
Stanbic Bank Uganda is suffering a devastating reputational loss after the Uganda Revenue Authority (URA), recently moved to withdraw all its accounts from the bank, effectively stripping it of a lucrative tax collections business worth more than UGX 11 trillion a year.The decision means t
Concerns over judicial independence in Uganda have resurfaced after former Kira Municipality MP Ssemujju Nganda issued a strongly worded statement ahead of the bail ruling for Kampala Lord Mayor Erias Lukwago, who is expected to appear at Makindye Magistrate Court on Monday.In a message sh
Bakateyamba Home says reduced donations linked to the Ebola outbreak are straining its ability to care for vulnerable residents, prompting an appeal for government and corporate support.KAMPALA — A community care centre in Nalukolongo that provides support to vulnerable people has raised
married couple in Bugembe Ward, Jinja City, is counting losses after armed robbers stormed their home and robbed them of more than Shs20 million, multiple phones, electronics, and a vehicle during a late-night attack on June 13, 2026. Betty Kigayi and her husband, Fred Kakooza, who operate a mola
Ruben Amorim is set to land a new job in Italy (Image: Getty)Manchester United reject Ruben Amorim is set for a return to management, with the Portuguese tactician about to take over at AC Milan. It comes after a disastrous stint at Old Trafford, where United recorded their lowest-ever Pre
Kenyan court has delivered a stinging blow to Mogo Auto Limited, ruling that the lender charged a customer “exorbitant” and “exploitative” interest on a Ksh400,000 loan — a decision likely to resonate with many Ugandans who have repeatedly complained about the company’s lending practi
Uganda has allocated Shs5.23 trillion to the health sector in FY 2026/27 to strengthen healthcare delivery and reduce donor dependence, but the omission of Shs28 billion for medical interns has sparked concern over training gaps and staffing pressures in public hospitals.The government has
Speaking on Friday, Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi said government remains committed to enforcing trade order as part of wider economic reforms aimed at creating a more organised business environment.The Government's trade order operations will be expande
Tragedy struck Bugema in the Industrial City Division of Mbale City on Wednesday night after a fierce fire gutted dozens of kiosks and market stalls, leaving traders and residents counting heavy losses.Property and merchandise worth millions of shillings were reduced to ashes in the infern
