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
The Bank of Uganda, Uganda’s central bank, in Kampala, Uganda, on Wednesday, May 17, 2023. Uganda estimates that it will need $28.1 billion to adapt to the effects of climate change and cut emissions until the end of the decade. Photographer: Katumba Badru Sultan/Bloomberg via Getty Images
The Christmas season is traditionally a time for family, celebration, and reflection. However, for several well-known Ugandan social media personalities, politicians, and public figures, this year’s festivities will be spent behind the high walls of Luzira Prison.From opposition politici
Some holders have migrated to a relatively secure address format called Segwit.Bitcoin quantumQuantum computing has made some progress, but not to the extent that it could pose a threat to the Bitcoin network and related wallets.According to Adam Back, CEO of Blockstream and
Gabriel Vilchez, 18, and his 64-year-old stepfather David Gardiner have been charged in relation to the death of Silvia Vilchez, whose charred remains were later discovered on the family's propertyGabriel Vilchez and David GardinerGabriel Vilchez and David Gardiner (Image: Sequatchi
It makes sense why President Donald Trump would have a
The caution comes as security agencies across the country move to a heightened state of alert to ensure peaceful celebrations, especially given the proximity of the period to the 2026 general elections.Police have issued a warning to the public ahead of t
This was the last time we will have bye weeks in the NFL this season, after 24 teams participated in 12 games yesterday. There's now much more clarity as to how the NFL Playoff Picture might shake out heading into Monday Night Football. With that in mind, let's review some of the biggest takeaway
MTN Mobile Money Limited, in collaboration with Letshego Uganda and dfcu Bank, has unveiled two innovative loan products aimed at providing mobile money agents with instant working capital.The dfcu Bank Weekend Agent Loan and the Letshego Agent Float Loan expand the MoMo Agent Loans Market
Russia’s relationship with crypto has swung between crackdowns and cautious acceptance, and its latest moves show that this balancing act is far from over.After first pushing in 2022 to block all crypto issuance, trading, and mining over concerns about financial stability and monetary so
