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Ugandans choosing MDIs over banks, UMRA reveals

Ugandans choosing MDIs over banks, UMRA reveals

The Executive Director Uganda Microfinance Regulatory Authority (UMRA) says 86 percent of the borrowing in Uganda is happening in the Tier IV sector “A recent study shows that most Ugandans have ditched banks for Microfinance Deposit-taking Institutions (MDIs),” Ms Edith Namugga Tusu

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VisionFund Uganda opens Iganga branch for Busoga Sub-region

VisionFund Uganda opens Iganga branch for Busoga Sub-region

VisionFund Uganda has opened an office in Iganga District, Eastern Uganda, making it the first in Busoga Sub-region and bringing the total number of branches to 24 and seven field offices.Previously, VisionFund Uganda customers from Busoga travelled to either Tororo, Mbale and Soroti distr

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Exposed: 60 Rogue Loan Apps Ugandans Must Avoid Like the Plague

Exposed: 60 Rogue Loan Apps Ugandans Must Avoid Like the Plague

Uganda’s Newest ‘Kijambiya’ Threat: 59 Illegal Loan Apps to Avoid Like Bad ‘Kalo’In a city where everyone’s got a side hustle and a dream to escape the infamous ‘muzigo’ life, there’s a new preda

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When Your Phone Becomes Your Enemy: Loan Apps Feast on Desperate Ugandans

When Your Phone Becomes Your Enemy: Loan Apps Feast on Desperate Ugandans

(Kampala) – In a country where the price of a rolex (the edible kind) now rivals that of a boda boda ride, the cost of living is pinching harder than a kameeza wife eyeing her husband’s thin wallet. And as Ugandans grapple with the ever ascending prices of k

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Which cities can be visited on Hajj visa? Saudi Arabia clarifies

Which cities can be visited on Hajj visa? Saudi Arabia clarifies

RIYADH - The authorities in Saudi Arabia have clarified that getting the permit is necessary for performing the Hajj and those found violating the rules could face severe punishment.Regarding mobility freedom and the cities that can be visited while on th

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