Penetration of formal banking services remains out of reach of the ordinary Ugandan with only about 20% of the population banked. MTN Uganda’s Mobile Money continues to drive the financial inclusion agenda in Uganda and a year ago in partnership with Commercial Bank of Africa (CBA) introduced MoKash, a micro
Read MoreBusinessFocus Reporter
Education Ministry Officials Grilled Over Shs2bn ‘Gift’ To Private Universities
Uganda’s Ministry of Education and Sports officials were on Tuesday grilled by MPs on Parliamentary Public Accounts Committee (PAC) as to why they gave Shs2.1bn to private universities PAC summoned the Education Ministry officials following a revelation by Auditor General, John Muwanga that the Ministry transferred Shs2.19bn to six private
Read MoreUganda's Deputy Chief of Defence Forces (CDF), Lt Gen. Wilson Mbaddi Mbassu and other senior UPDF officials on Tuesday morning met with US Congress Officials led by The US Ambassador to Uganda HE Deborah R. Malac. The Congress team and their host met at the MODVA/ UPDF Headquarters-Mbuya. Among the
Read MoreYvonne Namaganda, one of the pupils who perished in the Buddo Junior School fire in 2008 is among seven people Kabaka Ronald Muwenda Mutebi II has awarded Buganda Kingdom's highest honour. Other recipients of the Order of the Shield and Spears or Ekitiibwa ky'Amafumu n'Engabo include Joseph Mulwanyamuli Ssemwogerere, the
Read MoreInsurance regulators from the East African Community meet in Arusha on Thursday in efforts to adopt common regulatory standards meant to protect policyholders and ensure stability of the sector. The meeting, called by the East African Insurance Supervisory Association (EAISA), will explore emerging issues including common regulatory standards, according to
Read MoreThere is still controversy over the exact number of Ugandan soldiers killed in Somalia by the al Qaeda-linked al-Shabaab militants during their July 30 attack. The Ugandan soldiers were killed in an ambush by the insurgents during an African Union Mission in Somalia (AMISOM) patrol. The ambush spot is reported
Read MoreMore than 20 children, who were picked off the streets in Kampala and enrolled in a school in Kamwokya, are facing a grim future after their sponsor reportedly abandoned them. The pupils were sponsored by Street Child Care Uganda (SCCU), an NGO that picks children from the street, rehabilitates them
Read MoreThe wife of Zimbabwean President Robert Mugabe is facing legal action after being accused of attacking a young woman at a party in South Africa. Grace Mugabe, 52, allegedly beat Gabriella Engels, 20, with an extension cord after finding her in a hotel with her sons Robert Mugabe Jr, 25, and
Read MoreThe desperate dig for survivors is resuming in Sierra Leone's capital, after mudslides and floods claimed the lives of more than 300 people. Their homes in Freetown were engulfed after part of Sugar Loaf mountain collapsed following heavy rain early on Monday morning. Many of the victims were still asleep
Read MoreThe Kabaka of Buganda Ronald Muwenda Mutebi II has reiterated opposition to the proposed constitutional amendment on land ownership. The Amendment, now before parliament, seeks to amend Article 26 of the Constitution to provide for compulsory acquisition of land for development projects, pending negotiations on compensation with the affected persons.
Read More