Kampala Cement: How a $100m Ugandan cement dream fell apart
detailed breakdown of the Kampala Cement collapse, tracking how 82 million dollars in debt, high transport costs from raw material locations and an internal boardroom rup...
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Uganda still low-income as Kenya, Tanzania hold lower-middle-income status
Traders display their groceries in Uganda.Uganda will once again remain in the low-income category among economies of the world, even as peers Tanzania keeps pace with Ke...
Ignored an Airtel Money or MTN MoMo Loan? Here’s How It Could Affect Your Future Financial Life
SUMMARYUnpaid Airtel Money and MTN MoMo loans can be reported to licensed Credit Reference Bureaus (CRBs).Your credit history follows your National Identification Number...
Banks Approved Loans Worth UGX2.03Tn In April Out Of The Requested UGX4.074Tn-Report
The Ministry of Finance, Planning and Economic Development has revealed that in April 2026, the Supervised Financial Institutions approved loans worth UGX2.053Trn out of...
Ugandan general (the president's son) says $3.1bn railway project with Turkish contractor "cancelled"
Uganda's €2.7bn ($3.1bn) Standard Gauge Railway (SGR) project could be under threat, with Chief of Defence Forces Gen Muhoozi Kainerugaba proclaiming on June 16 tha...
MOGO BUSTED! Court Slams Lender for ‘Exploitative’ 86% Interest Charges
Kenyan court has delivered a stinging blow to Mogo Auto Limited, ruling that the lender charged a customer “exorbitant†and “exploitative†interes...
Mbale traders count millions in losses as late-night fire guts Bugema market
Tragedy struck Bugema in the Industrial City Division of Mbale City on Wednesday night after a fierce fire gutted dozens of kiosks and market stalls, leaving traders and...
I have Never Baryomunsi in the back, Kabbyanga Declares While Signing Out at ICT Ministry & Brags ‘I’m Not a Poor Man’
Outgoing State Minister for National Guidance, Godfrey Kabbyanga Baluku, has dismissed speculation surrounding his departure from the Ministry of ICT and National Guidanc...
Ugandan banks blacklist over 100 MPs over contested election victories
Banks have reportedly blocked loans to over 100 MPs facing election petitions as financial institutions seek to avoid losses if courts overturn their victories.More than...
Uganda’s Largest Banks by Assets: Stanbic, Centenary Lead As Industry Assets Hit Shs61.6 Trillion
Uganda’s banking sector recorded strong growth in 2025, with total industry assets rising to Shs61.59 trillion from Shs53.12 trillion in 2024, according to an anal...