Search Results

MOGO BUSTED! Court Slams Lender for ‘Exploitative’ 86% Interest Charges

MOGO BUSTED! Court Slams Lender for ‘Exploitative’ 86% Interest Charges

Kenyan court has delivered a stinging blow to Mogo Auto Limited, ruling that the lender charged a customer “exorbitant” and “exploitative” interest on a Ksh400,000 loan — a decision likely to resonate with many Ugandans who have repeatedly complained about the company’s lending practi

Ultimate Uganda

Men rush for AIDS prevention drug as demand exceeds supply

Men rush for AIDS prevention drug as demand exceeds supply

Kampala, Uganda | URN | The Ministry of Health revealed Friday that demand for Lenacapavir, an HIV prevention injection launched in April, currently surpasses available doses, with more men demanding the twice-yearly drug.Speaking at a meeting attended by HIV advocates, researchers and pol

Ultimate Uganda

Uganda budget: 199 oil wells drilled as country nears first oil

Uganda budget: 199 oil wells drilled as country nears first oil

Uganda hits a major milestone toward first oil, drilling 199 wells to surpass the government threshold required for commercial production.KAMPALA, Uganda — Uganda has drilled 199 oil wells, surpassing the threshold required to begin commercial production later this year, according to the

Ultimate Uganda

Cut-off points hiked as Makerere University faces admission crisis

Cut-off points hiked as Makerere University faces admission crisis

Tension is brewing at Makerere University as more parents and students flock to the hill to complain about missing out on government-sponsored admission despite strong academic results. However, the university’s Academic Registrar, Prof Mukadasi Buyinza, insists that the process was fair

Ultimate Uganda

Britain Must Confront Its Past and Rethink Its Role in Africa

Britain Must Confront Its Past and Rethink Its Role in Africa

Uganda provides a modern case study of these tensions. During recent electoral cycles, figures such as Bobi Wine drew international attention, with Western governments including the UK voicing concerns over human rights and electoral conduct.The story of Britain’s global rise cannot be t

Ultimate Uganda

Bailiffs move to auction Pastor Ssenyonga’s Church properties over unpaid loan

Bailiffs move to auction Pastor Ssenyonga’s Church properties over unpaid loan

According to the advert, the church, listed as the debtor, must settle “the outstanding loan balances, interest plus our fees and disbursements” before the sale date, failing which the properties will be disposed of by public auction or private treaty.Court bailiffs have moved to sell

Ultimate Uganda

Floods Cut Off Kyambogo Section of Jinja Highway

Floods Cut Off Kyambogo Section of Jinja Highway

The ill-fated taxi which got trapped in the floods on WednesdayKAMPALA — Traffic along Jinja Highway was on Thursday disrupted after flooding cut off a section near Kyambogo following heavy rainfall.Uganda Police traffic spokesperson Michael Kananura said motorists should use alte

Ultimate Uganda

South Africa Bond Rally Builds Ahead of February 25 Budget

South Africa Bond Rally Builds Ahead of February 25 Budget

South African bonds extended gains as investors positioned for Finance Minister Enoch Godongwana's budget presentation on Feb. 25. Morgan Stanley said the budget could reinforce fiscal consolidation and further compress the risk premium on sovereign debt. The bank described the upcoming fiscal up

Ultimate Uganda

Concern as Zombo records nearly 4,000 teenage pregnancies in one year

Concern as Zombo records nearly 4,000 teenage pregnancies in one year

Zombo District has recorded 3,896 teenage pregnancies in one year, pushing its adolescent pregnancy rate above Uganda’s national average and alarming leaders.Zombo, Uganda: West Nile Region’s Zombo District registered a total of 3,896 teenage pregnancies among girls below 18 years betw

Ultimate Uganda

Gen. Katumba says Nakawuka road compensation is more expensive than building the road

Gen. Katumba says Nakawuka road compensation is more expensive than building the road

Works Minister Katumba Wamala says land compensation for the Nakawuka road project has hit 400 billion shillings, exceeding the 340 billion construction cost.Works Minister Katumba Wamala says land compensation for the Nakawuka road project has hit 400 billion shillings, exceeding the 340

Ultimate Uganda