Charity body seeks funds to sponsor university students
The Muhaire Education Trust Fund (METF) has called upon well-wishers and philanthropists to join it in funding the education of needy students across the country. Speakin...
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Economy still faces several risks, says BoU
Bank of Uganda (BoU) has warned that there still exist risks such as geopolitical tensions, which could push up energy prices and freight costs, resulting in higher infla...
50% of agribusiness loan requests rejected - BoU
Close to half of agricultural loan applications are rejected, data in the Bank of Uganda 2024 Annual Report shows. The report, which reviews different funds managed by th...
NUP, Lukwago to fight over the Lord Mayor’s seat
Kampala Lord Mayor Erias Lukwago recently sent a clear warning to Kampala Capital City Authority (KCCA) councillors that they stand no chance in a fight against him.Â...
High staff exits undermining banking sector stability, says BoU
Bank of Uganda (BoU) has said high staff turnover in some supervised financial institutions remained a key challenge in the year ended June 2024. The details, which are c...
SACCO Leaders Hail Stanbic for Unmatched Empowerment, Skilling Initiatives
Leaders from various Savings and Credit Cooperative Organizations (SACCOs) have commended Stanbic Bank for its commitment to empowering and skilling members of the SACCO...
Museveni wants law to regulate moneylenders
President Museveni has vowed to crack down on exploitative money lenders, who he said take advantage of ignorant and desperate people . The President said his government...
Who holds the largest share of govt's domestic debt
Commercial banks hold the largest share of government’s domestic debt, according to the Debt Statistical Bulletin and Public Debt Portfolio Analysis by the Ministr...
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...
Uganda Shilling Gains While Stanbic Rises, MTN Slips
The Ugandan shilling and stock market experienced slight improvements on Wednesday, with modest gains recorded in both sectors. The shilling closed the day stronger at 36...