Kanungu Residents Warned Against Defaulting on PDM Loans
Residents of Kanungu District have been warned against defaulting on Parish Development Model (PDM) funds under the mistaken belief that the money is a government grant.T...
News discovery
Find the stories that matter to you.
Results for
221 found
“borrow”
Senior Four Student Dies After Alleged Assault by Teacher in Luwero
Senior Four student of New Life Secondary School in Luwero Town Council has died after allegedly being severely beaten by a teacher, while another student remains admitte...
Nationwide crucial reminder to anyone who has a credit card
Nationwide, which has more than 16 million customers, has urged caution for anyone considering applying for a credit card. The message also urges people who have a credit...
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...
Ssemujju: Government Is Coming for Your Money
Ibrahim Ssemujju Nganda has warned that Uganda’s Shs84.3 trillion budget, driven by heavy borrowing and domestic financing, could strain taxpayers and the private...
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...
Uganda maintains highest treasury bill rate in East Africa
Uganda continued to offer the highest 91-day Treasury Bill rate among major East African Community economies during the first quarter of 2026, according to the latest EAC...
Budget Speech: Uganda's economy set for fastest growth in 30 years as oil production starts
Presenting the national budget before Parliament on June 11, 2026, Finance Minister Henry Musasizi said the country's economic outlook remains strong, supported by low in...
First Oil Revenue Set to Enter 2026/2027 Budget as Sector Begins Paying Its Way
When the Minister of Finance, Henry Musasizi, presents the 84.3 trillion shillings budget for the 2026/27 financial year on Thursday, one figure will stand out among the...
How Uganda’s First Oil Dream Evaded 5 Energy, 4 Finance Ministers
Former Minister Muloni (C) flanked by Ernest Rubondo (L), the head of Petroleum Authority of Uganda. Former Energy Minister, Irene Muloni (C) flanked by Ernest Rubondo (L...