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Uganda's Treacherous Path: A Shs34tn Gamble on Debt and Unproven Revenue

Uganda's Treacherous Path: A Shs34tn Gamble on Debt and Unproven Revenue

A stark warning has been issued from the corridors of parliamentary oversight, painting a grim picture of Uganda's fiscal health.The Shadow Minister for Finance, Ibrahim Ssemujju Nganda, has cast a critical spotlight on the government's ambitious, and arguably perilous, pl

Ultimate Uganda

Housing Finance Bank Scoops Awards for Backing Farmers and Small Businesses

Housing Finance Bank Scoops Awards for Backing Farmers and Small Businesses

Housing Finance Bank has won two national awards for its outstanding efforts in boosting agricultural productivity and supporting Uganda’s small businesses to recover from recent economic shocks.The accolades — the Agricultural Credit Facility (ACF) Award and the Small

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MTN MoMo Launches Term 2 Of The Win School Fees With MoMo Campaign, Giving Parents Another Chance To Win School Fees For A Full Year

MTN MoMo Launches Term 2 Of The Win School Fees With MoMo Campaign, Giving Parents Another Chance To Win School Fees For A Full Year

MTN Mobile Money (U) Limited has officially launched its Term 2 of the Win School F

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Museveni Rallies Kitagwenda on Homestead Income

Museveni Rallies Kitagwenda on Homestead Income

President Museveni, accompanied by the First Lady and Minister of Education and Sports, Janet Museveni, has addressed a rally at Kichwamba Secondary School in Kitagwenda District, thanking residents for their cooperation in maintaining peace and rejecting rebel activities.He credited

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Stanbic Launches New Mortgage Solution to Breaks Financing Barrier to Home Ownership

Stanbic Launches New Mortgage Solution to Breaks Financing Barrier to Home Ownership

Stanbic Bank has introduced a preapproved mortgage financing solution that empowers existing clients with up to shs 500 million—without the need for the traditional loan application process.“Homeownership should not be a privilege for a few—it should be an achievable milestone for ev

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Kitagwenda Leaders Urge Museveni on Ibanda-Rubirizi Road Pledge Ahead of PDM Visit

Kitagwenda Leaders Urge Museveni on Ibanda-Rubirizi Road Pledge Ahead of PDM Visit

As President Museveni prepares to visit Kitagwenda District on Sunday, May 18, 2025, for a performance assessment of the Parish Development Model (PDM) project, local leaders are seizing the opportunity to remind him of a long-standing pledge to tarmac the Ibanda–Kabujogera–Rwenja–Rubirizi

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Traders in Ndeeba Devastated After Fire Guts Property

Traders in Ndeeba Devastated After Fire Guts Property

Hundreds of traders are grappling with catastrophic losses following last night fire that gutted Ndeeba in Kasumba Zone Lubaga DivisionThe worst-hit were those dealing in timber and woodworking machinery, whose livelihoods were reduced to ashes overnight.Frustrated by recurring fire

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From 139 Members to 15,000, Sacco Records Over Shs18bn in Loan Value

From 139 Members to 15,000, Sacco Records Over Shs18bn in Loan Value

Adjumani Town Council Savings and Credit Cooperative Organization (Sacco) has recorded impressive growth, celebrating a major milestone during its 16th Annual General Meeting (AGM) held on Saturday.Established in 2007 with just 139 members and a loan portfolio of Shs 7.7 million, the SCco

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Court Orders Sale of Emerald Hotel over ABSA Loan

Court Orders Sale of Emerald Hotel over ABSA Loan

Kampala, Uganda – The Court of Appeal has directed the appointed receiver to audit and sell Emerald Hotel in Kampala within six months under court supervision.This decision overturns a prior High Court judgment

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BOU SCANDAL: PSST Ggoobi Interdicts Remanded Officials

BOU SCANDAL: PSST Ggoobi Interdicts Remanded Officials

The permanent secretary and secretary to the treasury Ramathan Ggoobi has interdicted the nine officials from the finance ministry under the Accountant General’s office.This follows an investigation in the minis

Ultimate Uganda