Centenary Bank has pulled off a quiet boardroom coup, lining up long-serving executive Godfrey Byekwaso to take over as Managing Director while Fabian Kasi, the face of the lender for over a decade, prepares to step up and steer the wider Centenary Group. The planned handover, still uncon
The government has announced a series of reforms to the Parish Development Model SACCOs aimed at strengthening governance, improving transparency, and expanding community participation. The changes follow concerns over exclusion, weak oversight, and reported cases of misuse of funds in some areas
Dancehall singer Roden Y Kabako has defended his best friend, Sheebah Karungi, against allegations that she swindled money belonging to other artists under the Uganda National Musicians Federation.The Uganda National Musicians Federation (UNMF), specifically their president, Eddy Kenzo, ha
Housing Finance Bank posted a net profit of Shs 85.4 billion for the year ended December 31, 2025, marking a 20 per cent increase from Shs 71.1 billion recorded in 2024, as the lender reported strong growth across key financial indicators.The bank’s total assets rose by 15 per cent to Sh
The High Court in Kampala has temporarily stopped the Uganda Music Promoters Savings and Credit Cooperative Society Limited (SACCO) from operating, following a dispute over alleged fraud, illegal takeover, and misuse of billions of Shillings in government funds.In an interim order issued o
Eleven members of a Nansana mechanics SACCO have been arrested over allegations of mismanaging more than Shs 200 million intended to support mechanics’ livelihoods, as police widen investigations into suspected embezzlement and abuse of office.Police in Nansana Municipality have arrested
Reader modeSacco Driver arrested for torturekaseseguideradio.com13hViewsMr. Mwami Aswera Thembo, a Strides Sacco driver in Kasese Municipality may have to turn extra law books to defend himself against an act that places him at the center of deploying suspected
They say the situation is choking their livelihoods and pushing many into financial distress.Drivers operating at major stages say the sharp increase in fuel prices has made daily operations difficult, with some struggling to meet loan obligations and basic expenses.Iceta Denish, ch
"A man reaps what he sows” (Galatians 6:7) is a fundamental principle stating that actions have inevitable consequences, positive efforts produce good results, while negative actions yield destructive outcomes.This was evident after the Kasese Deputy RDC in charge of Bukonzo County, Lt.
Ms. Jackie Namutebi, an official from the Microfinance Support Centre, has challenged leaders of Emyooga SACCOs to focus on improving their SACCOs in order to achieve the presidential vision of fighting poverty in Uganda.She stressed the importance of increasing savings in these SACCOs and
