The late Kawempe South MP Muhammad Ssegirinya’s case is the most complicated.The Uganda Parliamentary Savings and Credit Cooperative Organisation (SACCO) is withholding savings belonging to at least 34 deceased legislators due to bitter disputes among i
Anne Juuko, a seasoned banking executive and former CEO of Stanbic Bank Uganda, has stepped down from her role as Standard Bank Group’s Regional Head of East Africa for Global Markets.Juuko resigned this month, bringing to a close her 18-month tenure in the regional position.
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
President Yoweri Kaguta Museveni’s nationwide initiative to economically empower grassroots groups has once again taken centre stage, with 300 brand-new motorcycles handed over to boda boda riders under various SACCOs in Kawempe.The handover ceremony, held at Growers Playgroun
The State House Anti-Corruption Unit (SH-ACU) on Wednesday convened a baraza with Mbarara City leaders, market vendors and their representatives in a bid to resolve longstanding concerns affecting operations at Mbarara Central Market.The engagement brought together the Mbarara C
David Kalyango, the Executive Director of Supervision at the Bank of Uganda, explained the vision: ensuring that every Ugandan, no matter their type of work, can access credit to grow businesses, boost investments, and drive development.The Bank of Uganda has been locked in a he
The Bank of Uganda (BoU) has reiterated that it remains the lawful supervisory authority over large Savings and Credit Cooperative Organisations (SACCOs), dispelling growing public misconceptions about changes in sector regulation.Mr. David Kalyango, the Executive Director for S
Commissioners of Parliament who were in the news in 2023 and the better part of 2024 for awarding themselves a whooping Shs1.7bn with former Leader of Opposition Mathias Mpuuga taking the lion’s share with Shs500m and the other three commissioner Esther Afoyochan, Prossy Akampurira and Solomon
Musician Eddy Kenzo has threatened to resign from the Presidency of the Uganda National Musicians Federation (UNMF).He said he will consider resigning and leaving the position because of the Ministry of Finance’s plan to prevent
Dancehall musician Ziza Bafana has officially crossed to the ruling National Resistance Movement (NRM), ending his long-standing ties with the opposition.For the last two years, Bafana openly supported Bobi Wine and the National Unity Platform (NUP), ofte
