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MTN MoMo, Letshego and dfcu Bank Launch Innovative Loans to Boost Agent Liquidity

MTN MoMo, Letshego and dfcu Bank Launch Innovative Loans to Boost Agent Liquidity

MTN Mobile Money Limited, in collaboration with Letshego Uganda and dfcu Bank, has unveiled two innovative loan products aimed at providing mobile money agents with instant working capital.The dfcu Bank Weekend Agent Loan and the Letshego Agent Float Loan expand the MoMo Agent Loans Market

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Parliamentary Sacco Assets Rise 14% to Shs 86.3bn

Parliamentary Sacco Assets Rise 14% to Shs 86.3bn

Uganda Parliamentary SACCO has registered growth in its assets base in the last financial Year 2024-2025.The SACCO current assets stands at 86.3 billion from 75.8 billion in the FY 2023/2024 representing a 14% growth.The CEO of the sacco Mureebe Methods Muhakuna revealed this during

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FAUMA Urges Govt to Deploy Legal Teams in Embassies to Protect Migrant Workers

FAUMA Urges Govt to Deploy Legal Teams in Embassies to Protect Migrant Workers

The Federation of All Uganda Migrant Workers (FAUMA) has asked the government to immediately establish dedicated legal teams at Uganda’s embassies in major labour-receiving countries to help migrant workers access justice and protection.FAUMA President Kenneth Oloka told the Nile Post th

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Uganda Demands Equal Share of Sea Benefits

Uganda Demands Equal Share of Sea Benefits

Minister Byamukama addressing the IMO Assembly in London this weekLONDON/ENTEBBE — Uganda has issued a bold call for the inclusion of land-linked states in global maritime governance, arguing at the 34th International Maritime Organization (IMO) Assembly in London that access to the seas

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Four Students Perish in West Nile Road Crash

Four Students Perish in West Nile Road Crash

A nerve wrecking road traffic accident claimed the lives of four young students early Wednesday morning in Uganda’s North West Nile Region, highlighting ongoing concerns over reckless driving and road safety amid ongoing construction.The fatal crash occurred at approximately 07:10 hours

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From City Council Speaker To Parliamentarian: Mbayo’s Quest for Jinja City South West Constituency

From City Council Speaker To Parliamentarian: Mbayo’s Quest for Jinja City South West Constituency

In the unpredictable contest for Jinja City South West Constituency, where 10 candidates are vying for the sole seat, Bernard Mbayo, the current Speaker of Jinja City Council emerges as a dark horse.Mbayo is also a member of the National Executive of the Urban Authorities Association of Ug

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Central Bank of Russia eases restrictions, opens mutual funds to crypto investments

Central Bank of Russia eases restrictions, opens mutual funds to crypto investments

Russia’s relationship with crypto has swung between crackdowns and cautious acceptance, and its latest moves show that this balancing act is far from over.After first pushing in 2022 to block all crypto issuance, trading, and mining over concerns about financial stability and monetary so

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Buganda Premier warns against violent policing during campaigns

Buganda Premier warns against violent policing during campaigns

Buganda Kingdom’s Prime Minister, Charles Peter Mayiga, has called on security agencies to exercise restraint and uphold professionalism during the ongoing campaign season, warning that violent crowd-control tactics only deepen national wounds.“Once again, I urge the police and all sec

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Uganda: Traffic Police Arrest Over 470 Drivers in Week-Long Crackdown.

Uganda: Traffic Police Arrest Over 470 Drivers in Week-Long Crackdown.

The Uganda Traffic Police have arrested 473 motorists in a week-long crackdown targeting road safety offenders across the country.The operations, conducted last week, focused on violations ranging from dangerous mechanical conditions to illegal vehicle modifications and invalid driving lic

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BATTLE TO BE UNOPPOSED: Candidate Withdraws From Laroo-Pece MP Race After “Negotiation” with Mao.

BATTLE TO BE UNOPPOSED: Candidate Withdraws From Laroo-Pece MP Race After “Negotiation” with Mao.

Other candidates in the parliamentary race are Uganda People’s Congress (UPC) party flag bearer Simon Opoka, Forum for Democratic Change (FDC) flag bearer Geoffrey Komakech, and independents Wilfred Opobo, and Edward Odong, all independent candidates.The race for the Laroo-Pece Division

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