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Uganda Strengthens Mobile Money Lending Rules to Combat Loan Defaults

Uganda Strengthens Mobile Money Lending Rules to Combat Loan Defaults

Uganda's mobile money sector is taking major steps to prevent loan defaults and restore trust in digital lending. For years, some borrowers who defaulted on digital loans exploited loopholes by switching networks or SIM cards, making it difficult for lenders to recover funds. Under the previous s

Ultimate Uganda

Andrew Mwenda’s brother Major Baguma dies

Andrew Mwenda’s brother Major Baguma dies

Maj. Isaac Newton Baguma Muhanga Amooti, brother of journalist Andrew Mwenda and senior government officials, has died, with family and leaders paying tribute as burial arrangements await announcement.Maj. Isaac Newton Baguma Muhanga Amooti is dead.Amooti died on Friday morning, Dec

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What next for Litecoin’s price after its $80-floor cracks?

What next for Litecoin’s price after its $80-floor cracks?

The liquidation heatmap showed that there was a chance of a brief LTC price bounce to $82 next.Bitcoin [BTC] bounced to $89.5k before sinking to post a new low of $84.5k. This volatility saw Litecoin’s price [LTC] drop 7.5% in 5 hours, with the altcoin posting a new lower low at $72.64.

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Why Mityana Needs Judith Nabakooba As It’s Next Woman MP

Why Mityana Needs Judith Nabakooba As It’s Next Woman MP

As Mityana District prepares for the next parliamentary elections, a strong case is emerging for Judith Nabakooba to reclaim her position as Woman Member of Parliament. Her track record in public service, spanning law enforcement, legislative leadership, ministerial reforms, and community

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Bitcoin’s silent exodus hits crypto as long-time buyers cash out

Bitcoin’s silent exodus hits crypto as long-time buyers cash out

More than two months after the token hit a record high above $12 000, Bitcoin has fallen nearly 30% and is struggling to find support.Bitcoin’s most entrenched investors are still cashing out — and the pressure is starting to show.More than two months after the token hit a recor

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Uganda Moves to Buy Stake in Kenya Oil Pipeline

Uganda Moves to Buy Stake in Kenya Oil Pipeline

KPC operates more than 1,700 km (1,056 miles) of petroleum pipelines linking the port of Mombasa to Nairobi, western Kenya and onward to Uganda. The system currently handles about 90% of Uganda’s fuel imports, making it critical to the country’s energy securityKenya plans to list the

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South African rand flat ahead of leading economic indicator, local inflation data

South African rand flat ahead of leading economic indicator, local inflation data

JOHANNESBURG, Dec 17 (Reuters) – The South African rand was flat in early trade on Tuesday, ahead of the release of local central bank data and inflation data that will shed light on the country’s economic outlook.At 0512 GMT, the rand traded at 16.75 against the dollar, little changed

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Uganda Prisons Declare Standby Class One Ahead of 2026 Elections

Uganda Prisons Declare Standby Class One Ahead of 2026 Elections

According to the directive, all prison officers are required to remain fully alert and vigilant at all times, with routine patrols to be conducted both within and around prison facilities and staff barracks to prevent any security breaches.The Uganda Prisons Service has declared a Standby

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Uganda: Museveni Has Lost Buganda, Says Democratic Front Spokesperson, Moses Kasibante

Uganda: Museveni Has Lost Buganda, Says Democratic Front Spokesperson, Moses Kasibante

The Spokesperson of the Democratic Front (DF), Moses Kasibante, has declared that President Yoweri Museveni has irreversibly lost political support in Buganda, stating that no amount of messaging or political maneuvering can change the prevailing sentiment in the region.Speaking during NBS

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Trump administration expands list of countries subject to entry restrictions

Trump administration expands list of countries subject to entry restrictions

U.S. President Donald Trump on Tuesday signed a proclamation expanding the list of countries subject to full or partial entry restrictions to cover around 40 countries, effective on Jan. 1, 2026.Trump “signed a Proclamation expanding and strengthening entry restrictions on nationals from

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