In a bid to address the low insurance penetration and rising out-of-pocket healthcare expenses in Uganda, Opportunity Bank Uganda has partnered with micro insurance provider Turaco to launch ‘Opportunity Sanyu, a micro medical cover product designed to cushion Ugandan families against medical a
The government, with support from international financiers, is pressing ahead with a $50.4 million (about Shs182 billion) initiative aimed at transforming rural economies through water access, market infrastructure, and affordable microfinance.Known as the Local Economic Growth Support (LE
It was a night to remember as Opportunity Bank Uganda scooped nine awards at this year's Agricultural Credit Facility Awards(ACF) organised by Bank of Uganda.The awards ceremony was held at the Sheraton Hotel, Kampala to mark 15 years of the transformative ACF loan scheme,
MTN Uganda has paid Shs 42.5 billion to the Uganda Communications Commission’s (UCC) Universal Service and Access Fund (USAF) as its statutory levy.The amount represents 2% of MTN Uganda’s gross annual revenue for the financial year ending 31 December 2024, in compliance
Telecom giants, Airtel Uganda has paid shs37.9billion to the Uganda Communications Universal Service and Access Fund for the year 2024 towards extending communications to the unserved and underserved communities.The shs37.9billion is more than the shs34.8 billion that the company paid last
President Museveni has said that Uganda’s true path to liberation lies not just in politics but also in technology, skills andpractical education.“Skilling hubs have two purposes. One is to create wealth. Wealth comes from people,” he said.The president made the re
MTN Uganda is undertaking a significant nationwide network upgrade initiative aimed at substantially improving the reliability and speed of its voice, data, and mobile money services.This ambitious project seeks to deliver a more seamless and enhanced digital
Diamond Trust Bank Uganda (DTB) has reaffirmed its dedication to improving public health across Uganda, partnering with the Kabaka Foundation and Aga Khan University Hospital to provide essential healthcare services to underserved communities in Buganda.The latest collaborative effort took
Adjumani Town Council Savings and Credit Cooperative Organization (Sacco) has recorded impressive growth, celebrating a major milestone during its 16th Annual General Meeting (AGM) held on Saturday.Established in 2007 with just 139 members and a loan portfolio of Shs 7.7 million, the SCco
In a major step towards enhancing digital connectivity in rural Uganda, Airtel Uganda has commissioned four new 4G network sites in Ibanda District.The new installations, located in Kashozi, Nyansimbo, Rwenkobwa, and Kakoma are now fully operational and set to significantly improve network
