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MTN Mobile Money loans on track to reach Shs 2.5 trillion

MTN Mobile Money loans on track to reach Shs 2.5 trillion

2025 has been of both challenges and opportunities. We’ve continued to deepen access to our services and extend financial inclusion to the underserved. By the end of this year, we’re looking at over 14.5 million individual users, which is a significant jump from 13.8 million in 2024. Our targ

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I had Shs1.2 billion during Mutoni's introduction - Gashumba

I had Shs1.2 billion during Mutoni's introduction - Gashumba

Gashumba revealed he had Shs1.2 billion and spent over Shs240 million during Patience Malaika Mutoni’s introduction ceremonySocial commentator Gashumba says he had over Shs1 billion when Malaika Mutoni introduced him to her family"At the time of my introduction ceremony with Malai

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Luuka district engineers charged for stealing fuel worth Shs222m

Luuka district engineers charged for stealing fuel worth Shs222m

The accused Luuka District officials arrive at the Iganga Chief Magistrate’s Court to face charges related to fuel theft and selling of government jobs.Luuka, Uganda: Three officials from Luuka District Local Government have been charged before court on multiple counts including conspira

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Inside Women-Owned Businesses the GoU Has Sustained, Supported to Expand Using GROW Money Provided By the World Bank

Inside Women-Owned Businesses the GoU Has Sustained, Supported to Expand Using GROW Money Provided By the World Bank

With funding (Shs850bn) from World Bank, the GoU is continuing to use the PSFU-implemented GROW project to avail low-cost loans (at just 10% interest per annum) to hundreds of female entrepreneurs to enable them sustain, grow, expand and diversify their businesses while breaking into areas that h

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Big story: Uganda to Borrow $2bn (Shs7.6 tn) from Oil Trading Giant Vitol for Oil, Roads Projects

Big story: Uganda to Borrow $2bn (Shs7.6 tn) from Oil Trading Giant Vitol for Oil, Roads Projects

“UNOC will be able to generate revenues of up to USD 5.6 billion” (about Shs21.3 trillion) from the projects when implemented," the ministry said, adding that the loan would reduce pressure on the consolidated fund and enable quicker realisation of revenues from the oil and gas sectorS

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Makerere University Announces Graduation Fees for 76th Ceremony

Makerere University Announces Graduation Fees for 76th Ceremony

Makerere University has released official guidelines on the payment of graduation fees for students set to take part in the institution’s 76th graduation ceremony, scheduled later this year.In a notice dated October 24, 2025, the Office of the Academic Registrar outlined the mandatory fe

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Parliament SACCO struggles to release savings of 34 deceased MPs over widow wrangles

Parliament SACCO struggles to release savings of 34 deceased MPs over widow wrangles

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

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12 NUP supporters released as court rejects state objection to bail.

12 NUP supporters released as court rejects state objection to bail.

The Kawempe Chief Magistrates Court has granted bail to 12 NUP supporters arrested over violent clashes at a campaign event, despite state objections citing the tense political climate.The Kawempe Chief Magistrates Court has released 12 National Unity Platform (NUP) supporters on bail afte

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Treasury bills auction attracts Shs567b as investor demand surges.

Treasury bills auction attracts Shs567b as investor demand surges.

Uganda’s domestic debt market continues to heat up, with the latest Treasury Bills auction attracting overwhelming investor interest and confirming growing confidence in government securities as a safe and lucrative investment option.In Auction No. 1218 held on November 19, 2025, the Ban

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BREAKING! Gov’t Lowers Social Assistance Grant for Empowerment, (SAGE) Eligibility Age

BREAKING! Gov’t Lowers Social Assistance Grant for Empowerment, (SAGE) Eligibility Age

The government has made a decision to lower the eligibility age for SAGE from the current 80 years to 65 years effective next financial year 2026/27. In addition government will increase the monthly stipend to Shs35,000 up from Shs25,000In this, government will provide an additional budget

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