Boda boda riders launch e-commerce, digital loans platform
Returning students have been advised not to use boda bodas or taxisThe Union Transport Alliance (UTA), an umbrella body representing boda boda riders, taxi operators, bus...
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LEGS LOAN CRISIS! Sh2.7Bn MSC Lending Scandal, Sh62.53Bn Write-Offs and 52% Default Rate Expose Microfinance Support Centre Collapse Under Rural Growth Programme
A deepening financial crisis has engulfed the Microfinance Support Centre (MSC), the main lending arm of Government’s Local Economic Growth Support Project (LEGS), afte...
Supreme Court Rejects Gov’t Bid to Overturn Shs50bn Henley Properties Award
KAMPALA — Uganda’s Supreme Court has dismissed an attempt by the Attorney General to overturn a Shs50 billion compensation award to Henley Properties Ltd, ruling that...
Gov’t Eyes UGX29Trn in New Loans for SGR, Roads and Water as Biggest Lenders to Uganda Named
Government through the Ministry of Finance, has unveiled a schedule of projects in the pipeline, indicating plans to borrow UGX29.079 trillion from various lenders to fin...
UDB says 69,202 jobs reported in 2025 were physically verified
Uganda Development Bank says enterprises it financed created or sustained 69,202 jobs in 2025, with the bank physically verifying the employment figures through follow-up...
Minister Bahati Tasks Banks on Affordable Credit as Manufacturers Cry Foul
Minister Bahati Tasks Banks on Affordable Credit as Manufacturers Cry FoulMinister David Bahati speaks durign the symposiumThe Minister of State for Trade, Industry and C...
Ruto Reports Major Hustler Fund Milestone as Daily Lending Hits Sh50 Million
President William Ruto interacting with an attendant during the official launch of the Hustler Fund at Nairobi’s Green Park Terminus on November 30, 2022.The gover...
Mogo Pledges Fair motorcycle financing for Busoga Boda Boda riders
Iganga, Uganda: Asset financing company Mogo Uganda has pledged to offer transparent and rider-friendly motorcycle financing, promising fair installment terms, improved c...
Uganda Securities Exchange Earns AA Credit Rating in First Independent Assessment
The Uganda Securities Exchange (USE) has been assigned an AA issuer credit rating by ICRA Rating Agency, marking the exchange’s first independent credit assessment...
TATA GROUP HACK SHOCKER! Is Uganda Safe? Questions Mount After Global Cyber Attack, Customers in Panic
Alarm bells are ringing for customers and business partners of the Tata Group after one of its flagship technology companies was hit by a major cyber breach, raising fear...