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Gov’t sets 2.8% as maximum interest rate for money lenders

The Ugandan government has introduced new measures to regulate interest rates charged by Tier 4 microfinance institutions and money lenders. According to a legal...

Exclusive: Former Minister Bakoko Bakoru sneaks back into the country, meets Museveni  

Former Gender and Labour Minister Zoe Bakoko Bakoru has sneaked into the country and reportedly met with President Museveni. Sources within the security establishment told...

Tayebwa decries harassment by Mangu cash online money lending App as he directs police to investigate the scam

Deputy Speaker of Parliament, Thomas Tayebwa has decried the harassment from agents of Mangu cash, an online money lending App. Tayebwa revealed that a harassing...

Museveni urges people of Kisoro to avoid politics of tribes and religion

President Yoweri Museveni has rallied the people of Kisoro to avoid politics of tribes and religion differences, citing that they can destabilize the community. Museveni...

Lawmakers criticize Ugandan banks for allegedly undermining women’s entrepreneurship program 

Uganda’s banking sector is facing criticism from lawmakers for allegedly hindering the government’s flagship women’s entrepreneurship program, Generating Opportunities and Productivity for Women Entrepreneurs...

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