Uganda's Treacherous Path: A Shs34tn Gamble on Debt and Unproven Revenue
A stark warning has been issued from the corridors of parliamentary oversight, painting a grim picture of Uganda's fiscal health.The Shadow Minister for Finance, Ibrahim...
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The Commute Conundrum – To Live Near or Far from Work?
Let me take you back to a conversation I overheard between two Taxi commuters in Kampala not long ago. Two passengers, clearly regulars on the route, were swapping war st...
Kagadi Leaders Turn To Moneylenders As Govt Delays Funds For Four Months
Leaders of Kagadi Town Council in Kagadi District have raised alarm over a four-month delay in the remittance of funds from the central government, a situation they say h...
Traders in Ndeeba Devastated After Fire Guts Property
Hundreds of traders are grappling with catastrophic losses following last night fire that gutted Ndeeba in Kasumba Zone Lubaga DivisionThe worst-hit were those dealing in...
Your Money Needs Discipline, Not Just Dreams
There’s nothing worse than looking back at your life and realising you misused money that could have changed your future.Last week, we talked about giving your money a...
Kenyan firm Moves to Seize KIU as Embattled businessman Basajjabalaba defaults on Shs. 57B loan
City businessman and billionaire, Hassan Basajjabalaba could lose a significant part of his Kampala International University over UGX 57 billion loan dispute after the Hi...
Inside The Monday Cabinet Meeting Where M7 Furiously Branded NSSF’ 5trn Bwebajja Office Complex Deal Extortionist & Chased Away Top Bosses As Nabbanja Pleaded
During a recent Cabinet meeting, a team from NSSF came to present details about the Bwebajja government administrative offices campus which is meant to house offices for...
To cap or not to cap interest rates
The Parliament has passed a law mandating the Minister of Finance to prescribe a maximum interest rate that money lenders may charge their borrowers. Not surprisingly, th...
Absa in push to ease access to electric motorcycles
Financial technology company, Mogo, has said it has obtained a loan facility from Absa to ease access to electric motorbikes. The company, which indicated that it had pre...
Shock as University Student Reportedly Dies of Hunger
KAMPALA , Uganda – Hunger among Uganda’s university students has become an urgent crisis, revealing the severe financial challenges facing young people in higher educ...