Museveni Pledges Shs1bn Boost for Mechanics’ SACCOs in Kampala
President Yoweri Kaguta Museveni has pledged to inject Shs1 billion into each mechanics’ Savings and Credit Cooperative Organisation (SACCO) operating within Kampala, i...
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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 —...
EC Disqualifies NUP Candidate Challenging Minister Kasaija in Buyanja
Kibaale District, Uganda — The Electoral Commission (EC) has disqualified Christopher Ategeka, the National Unity Platform (NUP) candidate in the Buyanja County parliam...
Gov’t opts for UGX 5M Cash Payout per Household in Cattle Restocking Programme
According to a 2024 report from the government assurance and implementation committee, there are 92,634 war debt claimants in Northern and Eastern Uganda. Out of the tota...
New board takes over at Uganda Railways amid decay and land grabbing concerns
Former Energy Minister Daudi Migereko takes over as chairman of the Uganda Railways Corp. board, facing the challenge of reviving a national asset plagued by decades of d...
Uganda Shillings Strengthens as Exports and Investor Confidence Rise – BoU
Kampala — The Uganda shilling strengthened strongly in 2025, becoming one of the best-performing currencies in the region, helped by higher export earnings, increased f...
President Museveni Hails Minister Kasolo and Kisekulo’s Game-Changing Alliance to Reclaim Kyotera for NRM in 2026
In an unprecedented turn of events that has left Kyotera buzzing, President Yoweri Museveni has lavished praise on two of the National Resistance Movement’s (NRM) most...
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...
Uganda projects 10.4% economic growth in FY2026/27
Uganda projects 10.4% economic growth in FY2026/27independent.co.ug44minKAMPALA, UGANDA | Xinhua | Uganda’s economy is forecast to expand by 10.4 percent by the end of...
Uganda says to trim debt issuance by 21% in 2026/27 FY
The Bank of Uganda, Uganda’s central bank, in Kampala, Uganda, on Wednesday, May 17, 2023. Uganda estimates that it will need $28.1 billion to adapt to the effects of c...