President Yoweri Kaguta Museveni has pledged to inject Shs1 billion into each mechanics’ Savings and Credit Cooperative Organisation (SACCO) operating within Kampala, in a move aimed at strengthening the informal automotive sector and improving access to affordable financing.The commitme
Kampala streets in 1960sUganda’s development story is shaped by two powerful histories.The first is our real, lived past. Before colonialism, Uganda had functioning kingdoms, trade networks and organised communities. This was violently disrupted by European colonization – a clea
President Yoweri Museveni has taken his campaign to Gomba District, an area widely considered a political stronghold of National Unity Platform (NUP) leader Robert Kyagulanyi, aka Bobi Wine, as the ruling National Resistance Movement (NRM) intensified efforts to consolidate support and enforce pa
When Gen. Caleb Akandwanaho (Rtd) Salim Saleh presented his long, detailed analysis of Uganda’s economy and structured recommendations for improvement in the form of the Third National Development Plan (NDPIII) to President Museveni, he laid out the kinds of problems that many Ugandans feel eve
The late Kawempe South MP Muhammad Ssegirinya’s case is the most complicated.The Uganda Parliamentary Savings and Credit Cooperative Organisation (SACCO) is withholding savings belonging to at least 34 deceased legislators due to bitter disputes among i
Anne Juuko, a seasoned banking executive and former CEO of Stanbic Bank Uganda, has stepped down from her role as Standard Bank Group’s Regional Head of East Africa for Global Markets.Juuko resigned this month, bringing to a close her 18-month tenure in the regional position. She had bee
Uganda Parliamentary SACCO has registered growth in its assets base in the last financial Year 2024-2025.The SACCO current assets stands at 86.3 billion from 75.8 billion in the FY 2023/2024 representing a 14% growth.The CEO of the sacco Mureebe Methods Muhakuna revealed this during
President Yoweri Kaguta Museveni’s nationwide initiative to economically empower grassroots groups has once again taken centre stage, with 300 brand-new motorcycles handed over to boda boda riders under various SACCOs in Kawempe.The handover ceremony, held at Growers Playground in Kawemp
The State House Anti-Corruption Unit (SH-ACU) on Wednesday convened a baraza with Mbarara City leaders, market vendors and their representatives in a bid to resolve longstanding concerns affecting operations at Mbarara Central Market.The engagement brought together the Mbarara City South D
David Kalyango, the Executive Director of Supervision at the Bank of Uganda, explained the vision: ensuring that every Ugandan, no matter their type of work, can access credit to grow businesses, boost investments, and drive development.The Bank of Uganda has been locked in a heated debate
