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
Private school administrators have responded to mounting public outcry over what is perceived as unduly high tuition fees, attributing the costs to operational expenses. Although many administrators declined to provide a detailed breakdown of their expenditure, they pointed to utility bi
Tanzania has been ranked first in Eastern, Southern and Central Africa for its leadership in cybersecurity, according to the 2024 Global Cyber Security Index (GCI). The East African country scored 100 percent across all five cybersecurity pillars that include legal, technical, organisati
An ancient African tree has emerged as a new 'superfood,' revolutionizing the lives of local harvesters struggling to survive in the face of climate change-induced challenges. The baobab tree, famously known as the “tree of life,” has become a key player in the growing global market for natural
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
Tanzania is advancing plans to expand its natural gas exports to neighbouring countries, including Uganda, Kenya, the Democratic Republic of the Congo (DRC), and Zambia, as it continues its ambition to become a regional cooking energy powerhouse.
Youth in the East African region have been trained on the different benefits and opportunities available in this digital era. This was at the East Africa Internet Governance Forum (EAIGF), which brought together East African stakeholders to build a common unders
VisionFund Uganda has opened an office in Iganga District, Eastern Uganda, making it the first in Busoga Sub-region and bringing the total number of branches to 24 and seven field offices.Previously, VisionFund Uganda customers from Busoga travelled to either Tororo, Mbale and Soroti distr
The amount of money that the Uganda Electricity Transmission Co Ltd (UETCL) spends to transmit electricity has significantly risen due to an ageing grid, a 2023 value-for-money audit by the Auditor General (AG) has revealed.The audit shows that the actual expenditure for some of the activi
Uganda’s Newest ‘Kijambiya’ Threat: 59 Illegal Loan Apps to Avoid Like Bad ‘Kalo’In a city where everyone’s got a side hustle and a dream to escape the infamous ‘muzigo’ life, there’s a new preda
