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To cap or not to cap interest rates

To cap or not to cap interest rates

The Parliament has passed a law mandating the Minister of Finance to prescribe a maximum interest rate that money lenders may charge their borrowers. Not surprisingly, th...

Ultimate Uganda
Kadaga, Busoga clerics clash over Nyege Nyege fete

Kadaga, Busoga clerics clash over Nyege Nyege fete

Jinja-based Born Again pastors have joined Busoga East Diocese Bishop Paul Hannington Suubi to protest the hosting of the forthcoming Nyege Nyege Music festival in the ar...

Ultimate Uganda
Absa in push to ease access to electric motorcycles

Absa in push to ease access to electric motorcycles

Financial technology company, Mogo, has said it has obtained a loan facility from Absa to ease access to electric motorbikes. The company, which indicated that it had pre...

Ultimate Uganda
‘We’re aware the boda market is built on trust’

‘We’re aware the boda market is built on trust’

Imagine you’re running an asset financing business in Europe and think, “Why not give East Africa a shot?” So you do the research, find the market, and dis...

Ultimate Uganda
Two years later: Did dead pupil foresee Salama fire?

Two years later: Did dead pupil foresee Salama fire?

Rebecca Namulondo, 9, had a chilling premonition of impending doom. In an emotional revelation, Godfrey Wamunyokoli, a Mathematics and Science teacher at the Salama Schoo...

Ultimate Uganda
Govt urges NGOs against foreign donor funding

Govt urges NGOs against foreign donor funding

The Ministry of Internal Affairs has warned Non-Governmental Organizations (NGOs) to desist from taking up foreign donor funds with stringent conditions ahead of the 2026...

Ultimate Uganda