MTN Mobile Money loans on track to reach Shs 2.5 trillion
2025 has been of both challenges and opportunities. We’ve continued to deepen access to our services and extend financial inclusion to the underserved. By the end of th...
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Ugandan banks approve UGX1.93 trillion in loans as personal credit leads
A customer receives a step-by-step guide on using the Wendi mobile wallet, empowering them to seamlessly send and receive international money transfersKAMPALA, Uganda —...
Need Quick Cash? Equity Bank Lets You Borrow Up to UGX 20M Instantly
Whether you’re facing unexpected expenses, need to pay school fees, or want to grab a timely opportunity, Equity Bank Uganda’s salary loans are designed to support yo...
Inside Women-Owned Businesses the GoU Has Sustained, Supported to Expand Using GROW Money Provided By the World Bank
With funding (Shs850bn) from World Bank, the GoU is continuing to use the PSFU-implemented GROW project to avail low-cost loans (at just 10% interest per annum) to hundre...
Uganda Strengthens Mobile Money Lending Rules to Combat Loan Defaults
Uganda's mobile money sector is taking major steps to prevent loan defaults and restore trust in digital lending. For years, some borrowers who defaulted on digital loans...
Nankabirwa Writes to Nabbanja: UEDCL Crisis ‘Too Big To Hide’
The Energy Minister argued that ignoring performance deficiencies would endanger the electricity sector more than confronting them, especially given mounting public frust...
MTN MoMo, Letshego and dfcu Bank Launch Innovative Loans to Boost Agent Liquidity
MTN Mobile Money Limited, in collaboration with Letshego Uganda and dfcu Bank, has unveiled two innovative loan products aimed at providing mobile money agents with insta...
BoU Pushes New Credit Rules to Unlock Loans for Every Ugandan
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 c...
MURDER SHOCKER! How Mubende based PrimeRose hotel boss’ son butchered employee in cold blood over stolen charcoal…body found minus tongue, finger, and foot!
MUBENDE — Horror has hit Mubende Town after the manager of Prime Rose Hotel — who also happens to be the son of the hotel owner — allegedly murdered one of his long...
China remains our ‘most irreplaceable customer,’ says CEO of US Soybean Export Council
China remains our “most irreplaceable customer,” said Jim Sutter, chief executive officer of the U.S. Soybean Export Council (USSEC).“We have been in China since 19...