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Kanungu Residents Warned Against Defaulting on PDM Loans

Kanungu Residents Warned Against Defaulting on PDM Loans

Residents of Kanungu District have been warned against defaulting on Parish Development Model (PDM) funds under the mistaken belief that the money is a government grant.The warning was issued by Dan Twinamatsiko, the Commercial Officer for Kanungu Town Council, while presiding over the ele

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Museveni Ministers’ Jokes! Otafiire Threatens to Deploy Karoza Witchcraft to Force Kamuntu’s Cows to Disappear from His Farm

Museveni Ministers’ Jokes! Otafiire Threatens to Deploy Karoza Witchcraft to Force Kamuntu’s Cows to Disappear from His Farm

— It began as a routine ministerial handover on paper, but quickly morphed into one of those uniquely Ugandan moments where politics, philosophy, and pastoral economics collide in full public view. Kahinda Otafiire and Ephraim Kamuntu are veteran politicians and friends. Replacing each other i

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Kabale Traders Protest Eviction Directive Amid Relocation Uncertainty

Kabale Traders Protest Eviction Directive Amid Relocation Uncertainty

Traders in Kabale Municipality are raising concern over an impending eviction from streets and unauthorized trading spaces, saying they have not been given enough time or alternatives to relocate their businesses.With the enforcement deadline fast approaching, vendors and small-scale busin

Ultimate Uganda

Uganda’s impeding debt crisis

Uganda’s impeding debt crisis

In a recent podcast of Bad Natives, I argued that there is a real risk of Uganda defaulting on her domestic bonds in two to three years. It makes little sense to judge a country’s debt sustainability using the debt-to-GDP ratio. GDP is not a resource of government which it can use to pay credit

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Video: Senior Lawyer Muwema evicted from Kololo office over Shs1.4 billion Rent arrears

Video: Senior Lawyer Muwema evicted from Kololo office over Shs1.4 billion Rent arrears

Senior lawyer Muwema was evicted from his office early Friday morningSenior city lawyer Fred Muwema was on Friday morning evicted from his law firm offices in Kololo after defaulting on rent arrears now estimated at about Shs1.4 billion. Court bailiffs executed the eviction on Frida

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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

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Musk turns on Republicans - and gives Trump's big bill a harder path

Musk turns on Republicans - and gives Trump's big bill a harder path

For 130 days, tech billionaire Elon Musk was a "special government employee" working inside the Trump administration to slash what he said were wasteful government programmes and bloated departments.Now, after his exit last week, he is back on the outside. And it is the Tr

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Tororo Councillors Storm District Offices Over Shs596m Property Tax

Tororo Councillors Storm District Offices Over Shs596m Property Tax

A delegation of angry councillors from Kayoro Sub-county in Tororo District on Monday stormed the district local government offices, demanding urgent action over what they described as persistent tax evasion by major private firms operating in their area.Led by Andrew Opio, the secretary f

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NSSF recovers shs70bn through nationwide whistleblower drive

NSSF recovers shs70bn through nationwide whistleblower drive

Halfway through the recently launched whistleblower campaign, a nationwide drive aimed at encouraging workers to report employers defaulting on NSSF contributions, the Fund has unearthed over shs70 billion from reported cases. Figures released by the Fund on Monday indicate that as of Jan

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