With a significant drop-out rate of girls from primary school to secondary school and college, one new initiative in Ghana aims to improve the country's innovation, competitiveness and productivity by bringing more girls into the formal digital fold. A report by the World Wide Web foundation found that women in
Read MoreMonth: May 2025
The proposal by Government to issue promissory note to an Italian investor to a tune of USD379.71m (about Shs1.39 trillion) for the construction of an international specialized hospital in Lubowa along Entebbe road has irked a section of MPs. A promissory note is a financial instrument that contains a written
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The State House Anti-Corruption Unit has picked up two Jinja based Uganda Revenue Authority-URA officers. Hassan Milo and Ferdinand Wamala were caught red handed receiving a bribe of Shillings 45 million from local businessman, Jomo Nkata. The bribe was part of Shillings 50 million meant to help Jomo to evade
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dfcu Customers will, for a limited time only, access personal unsecured loans of up to UGX 150 million at a competitive interest rate as low as 17.5% per annum. According to dfcu Bank’s Head Personal Banking, Miranda Bageine Musoke, customers will be able to apply in minutes and have money
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FeaturedInternational NewsPolitical Economy
Uganda To Rwanda: We Don’t Conduct Our Diplomatic Relations In The Media
Uganda doesn’t conduct its diplomatic relations with other countries in the media like the case is with the Rwandan, the Ugandan Government has said. This is after Rwanda President, Paul Kagame attributed the tensions between the two nations on Ugandan government listening to rumors from people who are opposing the
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Another student of Nkumba University has been killed in his hostel room at Nkumba in Katabi Town Council. 26-year-old Godfrey Kateu was found dead in his room at 8.00 am this morning with loud music playing. His neighbor, Paul Ssengonzi told local mews agency, Uganda Radio Network that they decided to
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President Yoweri Museveni has donated 1.3 billion shillings for the construction of the Uganda Local Government Association, ULGA house. This is the second time, Museveni has contributed money for the house project, whose construction started more than ten years ago. In 2009/2010 financial year, the President donated 700 million shillings,
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Cabinet has approved the Physical Planning Bill, paving the way for quacks to be eliminated. The bill was approved during the weekly cabinet meeting on Monday. While addressing the media in Kampala, Government spokesperson, Ofwono Opondo said the bill would help to establish infrastructure for the better look of the
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Analysis & OpinionsBankingFeaturedNews
Report: Uganda’s Lending Rates, Non-Performing Loans Declining
Lending rates and Non-Performing Loans (NPLs) in Uganda’s banking industry are gradually declining, a new report has revealed. The PwC report titled ‘Uganda Economic Outlook – 2019’, Average lending rates charged for shilling denominated loans have been gradually declining. As at June 2018, the shilling denominated loans average interest rates
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Uganda's President Yoweri Museveni has told the Central Executive Committee of the National Resistance Movement that for the party to propel the country forward and economically transform the society, the leaders must appreciate the importance of science and technology to drive socio-economic transformation. This coupled with understanding the correctness of
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