What's behind the war that has driven Sudan to famine?
A conflict in Sudan that erupted in April 2023 has unleashed waves of ethnic violence, created the world's largest internal displacement crisis, and pushed at least one a...
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“banks”
Government loans worth Shs13 trillion remain unutilised
The stock of unused external debt rose by $500m (Shs1.8 trillion) due to sluggishness in implementation of government projects, according to the Ministry of Finance Debt...
ROT IN BANKS! DFCU Bank on spot for forcing client to repay 13year mortgage loan in 2years, refuses to hand over his property titles
A client has accused DFCU Bank of forcing him to pay their initial 13 year mortgage loan in only two and a half years but only to hold onto his property titles.
Water ministry cries out again for funds to desilt River Nyamwamba
The Ministry of Water and Environment is seeking Shs135 billion from the government to fund desilting and flood protection measures along River Nyamwamba in Kasese Distri...
Why banks are joining unit trusts party
Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority...
Government urged to put breaks on tax incentives to companies
Tax controversies have recently stirred debate across the country, with the country’s tax body – the Uganda Revenue Authority (URA)—and the National Treasury strugg...
Ugandans choosing MDIs over banks, UMRA reveals
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 sho...
Govt turns to domestic financiers to close gaps created by reduced external borrowing
The annual debt statistical bulletin and public debt portfolio analysis by the Ministry of Finance indicates that the stock of domestic debt rose from Shs34.5 trillion in...
Tents come to the rescue of learners battered by floods
As schools opened for the third term on Monday, flood-affected schools in Ntoroko District faced significant disruptions, with some relocating and conducting classes in t...
Nature-based solutions turning the tide against climate change
On Bulabira 2 Road in Najjera, Kira Municipality, Wakiso District, a group of workers plant new seedlings in a bamboo nursery bed. Another group is busy loading and offlo...