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Ignored an Airtel Money or MTN MoMo Loan? Here’s How It Could Affect Your Future Financial Life

Ignored an Airtel Money or MTN MoMo Loan? Here’s How It Could Affect Your Future Financial Life

SUMMARYUnpaid Airtel Money and MTN MoMo loans can be reported to licensed Credit Reference Bureaus (CRBs).Your credit history follows your National Identification Number (NIN), not your SIM card.Paying off a defaulted loa

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10 Major Infrastructure Projects Transforming Uganda (2026)

10 Major Infrastructure Projects Transforming Uganda (2026)

Uganda is investing heavily in transport, oil, aviation, and energy infrastructure to support long-term industrial growth.Mega projects like EACOP, SGR, and oil fields are central to future export earnings and regional trade dominance.Urba

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Banks Approved Loans Worth UGX2.03Tn In April Out Of The Requested UGX4.074Tn-Report

Banks Approved Loans Worth UGX2.03Tn In April Out Of The Requested UGX4.074Tn-Report

The Ministry of Finance, Planning and Economic Development has revealed that in April 2026, the Supervised Financial Institutions approved loans worth UGX2.053Trn out of the requested UGX4.074Trn, translating into an approval rate of 50.4 percent.The details are contained in the Performanc

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Gulu’s Shs6b greening project at risk as developers scramble for Kaunda Grounds land

Gulu’s Shs6b greening project at risk as developers scramble for Kaunda Grounds land

The heightened demand for portions of Kaunda Grounds and neighbouring Green Valley by several developers could cost Gulu City its Shs6 billion greening project, the Monitor has learnt.Mr Alfred Okello, the Gulu City Landscape Officer, expressed fears that the city administration could lose

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Bebe Cool raises accountability, structural gaps in Kenzo-led UNMF

Bebe Cool raises accountability, structural gaps in Kenzo-led UNMF

Singer Moses Ssali alias Bebe Cool has warned the Uganda National Musicians Federation (UNMF), led by Edrisa Musuuza alias Eddy Kenzo, against poor accountability in the management of government funds for musicians, warning that the federation will eventually be required to account for every shil

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NGOs Urge Mayuge District to Sustain Development Gains as Heroes Programme Ends

NGOs Urge Mayuge District to Sustain Development Gains as Heroes Programme Ends

Implementing partners operating in Mayuge District have called on local authorities to establish deliberate sustainability mechanisms to preserve the gains achieved by non-governmental organisations after project closure, warning that years of investment in community development could be lost wit

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Ugandan general (the president's son) says $3.1bn railway project with Turkish contractor "cancelled"

Ugandan general (the president's son) says $3.1bn railway project with Turkish contractor "cancelled"

Uganda's €2.7bn ($3.1bn) Standard Gauge Railway (SGR) project could be under threat, with Chief of Defence Forces Gen Muhoozi Kainerugaba proclaiming on June 16 that the contract awarded to Turkey’s Yapi Merkezi had been “cancelled”.There has been no confirmation or denial from the

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Police Recover 80 Suspected Stolen Motorcycles in Kampala

Police Recover 80 Suspected Stolen Motorcycles in Kampala

Police in Kampala have recovered 80 motorcycles suspected to have been stolen and altered for resale in an intelligence-led operation targeting a suspected trafficking and re-registration syndicate.Police in Kampala are investigating a suspected motorcycle theft and illegal resale network

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Inside the Shocking Sh4.6 Billion Equity Bank Heist: Supreme Court Seals Fate of Rogue Manager as Fraud Plagues Banking Giant

Inside the Shocking Sh4.6 Billion Equity Bank Heist: Supreme Court Seals Fate of Rogue Manager as Fraud Plagues Banking Giant

The Supreme Court has upheld the conviction of David Musoke Sserwamba in a shocking sh4.6 billion heist, highlighting a history of insider fraud at Equity Bank.KAMPALA, Uganda — The Supreme Court has upheld the conviction of David Musoke Sserwamba, a rogue former operations manager at Eq

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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

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