74 financial institutions now access NIRA database, says BoU
Bank of Uganda (BoU) has indicated that at least 74 supervised financial institutions now have access to the National Identification and Registration Authority (NIRA) dat...
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Postal services impacting everyday lives globally
Every October 9, Uganda joins the rest of the world to celebrate Post Day. This annual event commemorates the establishment of the Universal Postal Union (UPU) in 1874 in...
Women entrepreneurs get Shs18b GROW loans in one month – Amongi
The Growth Opportunities and Productivity for Women Enterprises (GROW) Project has disbursed Shs18.9b in loans to 1,193 women entrepreneurs across Uganda, Minister of Gen...
Foreign reserves fall to all time low
High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In detail...
At 62: Singapore innovates, Uganda struggles with waste
The 62nd independence event is happening when Uganda’s economy is ailing with a worsening trade deficit at $ 247.93 million as of June 2024. This is in addition to pro...
From corporate to self -employment
Transitioning from a corporate job to self-employment is bold and challenging. Stella Mugera: Pursuing passion Despite her fulfilling role as an economics policy analys...
Tropical bank, IT Office Ltd bosses in panic as Sudhir demands payment for Shs 21 billion loan
There’s panic at Tropical Bank Uganda Limited and its client IT Office [U] Limited after the later failed to pay back a loan the former secured.IT Office Uganda Limited...
Some EFC, Mercantile depositors yet to pick their money, says DPF
The Deposit Protection Fund of Uganda (DPF) has asked depositors of the closed EFC Uganda and Mercantile Credit Bank who have not picked their money to make necessary arr...
Fix glitches in national power distribution, Ministry tells UEDCL
The Ministry of Energy and Mineral Development has tasked Uganda Electricity Distribution Company Ltd (UEDCL) to fix glitches facing the distribution of power in the coun...
