Dear all political and technical line leaders directly /indirectly concerned with PDM ranging from H.E the President of Uganda, Ministers, Members of Parliament, Security agencies (Military & Defense, Law Enforcement & Internal Affairs, Intelligence Services),PDM Secretariat, district lea
Special Envoy on Political Affairs to President Yoweri Kaguta Museveni, Edward Kiwanuka Ssekandi, has renewed his push for the establishment of a vocational institute in Rural Masaka District, presenting it as a strategic gateway to unlocking youth employment, industrial growth, and agro-processi
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
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
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
Government has revealed that the first batch of people that received money through the Parish Development Model (PDM) have started repaying back the loans.So far, UGX1.4Bn has been paid through the Wendi App, with Maracha district, Kampala Capital City Authority (KCCA), Masaka City, Mubend
State Minister for Finance in charge of General Duties, Henry Musasizi, during the presentation for the 2026/27 Ministerial Policy Statement before Parliament’s Committee on Finance.Uganda is set to make history in the 2026/27 financial year with expected oil revenues surpassing Shs2.2 t
President Yoweri Museveni has directed the Bank of Uganda (BoU) to halt threats and directives aimed at forcing Savings and Credit Cooperative Organisations (Saccos) to apply for licences, arguing that the Central Bank should limit its role to oversight rather than direct control.The direc
