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
Police and other stakeholders have expressed concern over the rising number of road accidents in recent months that have claimed several lives and left others injured. Since the start of the year, police have reported an average of between 60 and 80 people dying in road accidents every w
(Kiryandongo) – The Karuma Bridge will be closed to all traffic for three months starting September 23, according to Uganda’s Minister for Works and Transport, Gen. Edward Katumba Wamala. This closure is part of a major restoration project aimed at enhancing the safety and durability of the brid
In yet another horrifying story, a helpless retired University Lecturer has sought the intervention of the Uganda Peaples Defence Force (UPDF) Commander, General Muhoozi Keinerugaba over an errant Army officer he accuses of forcefully occupying his farmland and encouraging other people to occupy par
The first Deputy Premier Rebecca Kadaga, who also serves as the Kamuli District Woman MP, has hinted at a plot by an individual working with the government to end her life. She revealed this during her annual giveback event for the elderly where she provides them with a platform to voice th
A Ugandan man, Andre Lomilo Husim, was found murdered after being abducted by a machete-wielding gang from Kenya.The attackers crossed the border into Mugungu Village, Busia Town, and took Lomilo hostage, accusing
A Ugandan, who was abducted from his home in Mugungu Village, Busia town and taken across the border by a machete-wielding gang from Kenya, has been found dead.Mr Andre Lomilo Husim was on September 6 taken hostag
A fortnight ago, the offices of the Criminal Investigations Directorate (CID) and the Director of Public Prosecutions (DPP) held their first-ever coordination meeting. This was in a bid to have more successful court convictions when prosecuting criminal cases ar
VisionFund Uganda has opened an office in Iganga District, Eastern Uganda, making it the first in Busoga Sub-region and bringing the total number of branches to 24 and seven field offices.Previously, VisionFund Uganda customers from Busoga travelled to either Tororo, Mbale and Soroti distr
The amount of money that the Uganda Electricity Transmission Co Ltd (UETCL) spends to transmit electricity has significantly risen due to an ageing grid, a 2023 value-for-money audit by the Auditor General (AG) has revealed.The audit shows that the actual expenditure for some of the activi
