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Ugandans choosing MDIs over banks, UMRA reveals

Ugandans choosing MDIs over banks, UMRA reveals

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

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Improve school standards

Improve school standards

A recent admission by the state minister of education in charge of primary education, Joyce Kaducu, that more than 50 percent of the schools with boarding facilities do not qualify to have them reveals how dire the situation in schools is. The facilities are reported to be in such bad sh

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Religion, politics still fuelling violent extremism in Uganda– report

Religion, politics still fuelling violent extremism in Uganda– report

Uganda is still at risk of violent extremism in defence of religion, ideology, and political goals, a new report released on September 18 shows. Violent extremism refers to the beliefs and actions of people who support or use violence to achieve ideological, religious, or political goals

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Effective waterproofing solutions for buildings

Effective waterproofing solutions for buildings

Many houses suffer from recurring water damage, leading homeowners to invest in annual renovations. Another approach is to try different waterproofing solutions and contractors to resolve the issue. In the construction industry, waterproofing remains a critical component that is often overlo

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Bush burning: Cherished, but fuelling climate catastrophes

Bush burning: Cherished, but fuelling climate catastrophes

Since time immemorial, during dry seasons, farmers in Lamwo District have burnt grass in their gardens to stimulate the growth of fresh green grass for their livestock and to enhance soil fertility. Smallholder farmers believe dry grass is not nutritious to their animals, and in a desper

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PRIMEHow Facebook investment club has amassed Shs749m

PRIMEHow Facebook investment club has amassed Shs749m

Traditionally, investment clubs were small, community-based groups that met regularly to discuss opportunities and pool their resources into low-risk ventures. Today, this landscape has evolved. Modern investment clubs are now boldly pooling funds to venture into higher-risk assets and f

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How refugee project is changing lives

How refugee project is changing lives

For nearly 20 years, 54-year-old Patrick Aluma Waigo lived a modest life as a subsistence farmer in Aluru Sub-county, Lea Parish, Moyo District in northern Uganda.His aspirations never extended beyond growing enou

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65-year-old CEO sells his company and makes 88% of his employees millionaires

65-year-old CEO sells his company and makes 88% of his employees millionaires

Jay Chaudhry, 65, is now known as the billionaire founder and CEO of Zscaler, a cybersecurity company valued at about $28 billion. Back in 1998, he was an entrepreneur who first sold the startup he started with his wife Giotti. That business was SecureIT, which

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WE DIDN’T ACT CORRUPT: ICT Ministry Explains Ugx965M Spent On Vehicles

WE DIDN’T ACT CORRUPT: ICT Ministry Explains Ugx965M Spent On Vehicles

The ministry of ICTs and national guidance has dismissed as false the weekend online media reports showing that Ugx950m was on August 31st paid to Kampala car bond Cadam enterprises as price for the purchase of one Toyota Land Cruiser LC 300 VX in the year 2022

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Cheptegei had to give up life’s cravings for the crown

Cheptegei had to give up life’s cravings for the crown

You have to give to get, and no one understands this better than a successful person, or one aspiring.But for this particular chore, we shall take an athlete. You have got to be ready to give up almost everything for you to make it at the highest level.&n

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