Search Results

Pride Microfinance Celebrates Becoming Bank

Pride Microfinance Celebrates Becoming Bank

Officials have hailed the 30 year transformation journey of Pride Microfinance which has seen it transform into a tier two bank.Speaking during a dinner held at Kampala Serena Hotel on Friday, The Pride Bank, board chairman, Fred Jachan Omach said the bank celebrates three remarkable decad

Ultimate Uganda

Chinese Company Awarded Shs35bn Contract for Ntenjeru-Bule Road Construction in Mukono

Chinese Company Awarded Shs35bn Contract for Ntenjeru-Bule Road Construction in Mukono

China Railway 5 Engineering Group has signed a Shs 35 billion contract with the Mukono District Local Government to construct a 7.8-kilometre road connecting Ntenjeru to Bule landing site in Mukono District.The road, which links the sub-counties of Ntenjeru and Mpata, has been in poor cond

Ultimate Uganda

From 139 Members to 15,000, Sacco Records Over Shs18bn in Loan Value

From 139 Members to 15,000, Sacco Records Over Shs18bn in Loan Value

Adjumani Town Council Savings and Credit Cooperative Organization (Sacco) has recorded impressive growth, celebrating a major milestone during its 16th Annual General Meeting (AGM) held on Saturday.Established in 2007 with just 139 members and a loan portfolio of Shs 7.7 million, the SCco

Ultimate Uganda

Parents Demand Transfer of Abela Primary Head Teacher Over UPE Fund Misuse

Parents Demand Transfer of Abela Primary Head Teacher Over UPE Fund Misuse

Parents at Abela Primary School in Getom Sub-county, Katakwi District, are demanding the immediate transfer of head teacher Isaiah Euchu over alleged mismanagement of Universal Primary Education (UPE) funds.On April 22, parents locked Euchu out of his office, accusing him

Ultimate Uganda

Museveni Pledges Shs300m for School and Mosque in Honour of Mufti Zubair Kayongo

Museveni Pledges Shs300m for School and Mosque in Honour of Mufti Zubair Kayongo

President Museveni has pledged to fund the construction and renovation of a school and mosque in memory of the former Supreme Mufti Shaikh Zubair Kayongo.The initiative, aimed at honouring the legacy of one of Uganda’s most influential Muslim leaders, was announced durin

Ultimate Uganda

Bloated Political Coffers, Starving Scrutiny? Parliament's Budget Prioritises Administration Over Core Duties

Bloated Political Coffers, Starving Scrutiny? Parliament's Budget Prioritises Administration Over Core Duties

As Parliament prepares to approve its policy statements guiding the 2025/26 national budget, scrutiny of its own financial plans reveals a potentially troubling trend: more money allocated to political administration than to the core legislative committees that drive parliamentary scrutiny and ov

Ultimate Uganda

NSSF Outperforms Regional Peers, Proves Ugandan Efficiency

NSSF Outperforms Regional Peers, Proves Ugandan Efficiency

The National Social Security Fund (NSSF) has posted record-breaking operational efficiency, outshining regional peers and challenging stereotypes about Ugandan managerial competence.Speaking during the Eastern Regional Employer Engagement in Mbale, NSSF Executive Director Patrick Ayota ann

Ultimate Uganda

URA to Hire 1,269 New Staff to Boost Tax Collection

URA to Hire 1,269 New Staff to Boost Tax Collection

The Uganda Revenue Authority (URA) is set to recruit 1,260 new staff members to enhance tax collection efforts, particularly targeting high-net-worth individuals in industries such as construction, transport, and professionals.This move aims to increase revenue collections and reduce depen

Ultimate Uganda

RIP: Ugandans Mourn Brilliant 2024 UACE Student Who Succumbed To Severe Headache

RIP: Ugandans Mourn Brilliant 2024 UACE Student Who Succumbed To Severe Headache

Death is inevitable, it is a phase everyone will undergo. The pain of losing a loved one is usually unbearable but we have to let them rest. The news concerning the untimely demise of a brilliant 2024 UACE student who passed away surfaced online leading to a som

Ultimate Uganda

NRM's Rosemanry Sseninde hails Museveni for initiating skilling program for Kampala youths

NRM's Rosemanry Sseninde hails Museveni for initiating skilling program for Kampala youths

The National Resistance Movement (NRM) Director for Mobilisation, Cadre Identification, Recruitment and Placement, Rosemary Seninde has urged parents and youth in Kampala toexpress gratitude to President Yoweri Kaguta Museveni for his initiative aimed at equipping ghetto youth with pr

Ultimate Uganda