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
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
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
Police in Kyankwanzi District are holding two suspects in connection with the death of a baby whose body was retrieved from a newly dug pit at the home of her parents in Kiryanongo Sub-county.The body was recovere
The Ugandan government is proposing to create more new cities amid concerns that the nine cities, which were created in 2020, are already crippling financially and operating under numerous challenges.The Constitut
(1) Casemiro crisis puts pressure on UgarteAfter Casemiro’s disastrous 45-minute outing in the thumping by Liverpool, Erik ten Hag looks certain to hand the Uruguayan midfielder Manuel Ugarte his debut at St Mary’s.Last time out, Ten Hag was forced to send on the inexperienced T
The Inspectorate of Government said Uganda lost at least Shs30 billion to the corrupt and registered about 2, 377 graft related complaints in the Financial Year 2023/24, the Ombudsman said on Monday. Â Accor
The joint security forces on Saturday recovered three guns during President Museveniâs visit to Karenga District to close the Karamoja cultural event that was held at Napeikori grounds. Maj Isaac Oware , the public information officer for the UPDF 3r
Joseph Tamale Mirundi, a prominent figure in Ugandan media and politics, passed away on the night of Tuesday, August 13, 2024, at the age of 59.
Gareth Bale went 24 games without being on the winning team when he was on the field for Tottenham, leading Sir Alex Ferguson to urge Harry Redknapp to drop the WelshmanSir Alex Ferguson gave Harry Redknapp some advice
