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
Kampala is projected to experience a population surge of at least 58 percent, growing from approximately four million to seven million by 2035, as detailed in the World Population Review based on the UN World Urbanisation Prospects. This report suggests that without appropriate interventions
Soroti City councilors have approved new rental charges for Soroti Central Market, aiming to resolve ongoing disputes between city authorities and vendors. During a special council meeting at city hall today, councilors agreed that vendors should begin paying the new rates to generate re
Human rights activists have called for the implementation of non-custodial sentences to address Uganda’s prison congestion. The Commissioner of Prisons, Mr Apollo Baker Asinga, noted that between 2014 and 2015, the total prison population was about 42,619, but this number has since inc
Kampala Lord Mayor Erias Lukwago has has issued a directive halting the acquisition of alternative land for waste management. “I hereby invoke the powers of the Office of the Lord Mayor to direct that the processes for the acquisition of an alternative land for the establishment of
On Bulabira 2 Road in Najjera, Kira Municipality, Wakiso District, a group of workers plant new seedlings in a bamboo nursery bed. Another group is busy loading and offloading briquettes made from bamboo trees. The workers are under Divine Bamboo Group Ltd founded by Ms Divine Nabaweesi.
President Museveni has underscored the critical role of peace and security in fostering business success. Addressing participants during the fifth Bi-Annual Private Sector CEO retreat in Kampala on Monday, the President emphasised that the absence of security impedes business operations.
Uganda has solidified its position as a hub for water and sanitation management in Africa by signing a historic host agreement with the African Water and Sanitation Association (AfWASA). The agreement establishes the African Water and Sanitation Academy (AWASA) in Uganda, marking a sig
Contributors to the National Social Security Fund (NSSF) can expect to receive more than the 10 percent interest they earned this year when the Finance minister announces the yield from the last financial year next week. NSSF managing director Patrick Ayota said at a news conference in
SOUTH BEND, Ind. (WNDU) - You’ll soon be able to fly directly to our nation’s capital from the South Bend International Airport.Breeze Airways announced Tuesday that it will add a new flight between South Bend and Washington Dulles International Airport starting Nov. 8. The airline said one-
