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
President Museveni has underscored the critical role of peace and security in fostering business success. Addressing participants during the fifth Bi-Annual Private Sector CEO retreat in Kampala on Monday, the President emphasised that the absence of security impedes business operations.
An ancient African tree has emerged as a new 'superfood,' revolutionizing the lives of local harvesters struggling to survive in the face of climate change-induced challenges. The baobab tree, famously known as the “tree of life,” has become a key player in the growing global market for natural
Convenience and Safety Through Cashless PaymentsUgandaâs digital economy transition is accelerated by MTN MoMoâs innovative approach. By collaborating with platforms like School Pay, MTN MoMo has created
Youth in the East African region have been trained on the different benefits and opportunities available in this digital era. This was at the East Africa Internet Governance Forum (EAIGF), which brought together East African stakeholders to build a common unders
VisionFund Uganda has opened an office in Iganga District, Eastern Uganda, making it the first in Busoga Sub-region and bringing the total number of branches to 24 and seven field offices.Previously, VisionFund Uganda customers from Busoga travelled to either Tororo, Mbale and Soroti distr
The duty to provide water and sanitation services in a home, has traditionally been a preserve for the woman in a family. Daily chores include water collection, sanitation management and hygiene maintenance and education of the children. This prevails in modern
According to the United Nations, artificial intelligence (AI) has the potential to contribute up to $15.7 trillion to the global economy by 2030, of which $1.2 trillion could be generated by Africa. With the potential to unlock significant growth
The Japanese government through its Ambassador to Uganda Sasayama Takuya has committed to fund both the second phase of the Kampala Fly Over project and the construction of a new state-of-the-art bridge at Karuma Waterfalls.Sasayama made these remarks dur
