National
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Uganda’s export earnings increase 50.4 percent in January 2025
KAMPALA, March 20, 2025 – Uganda’s export earnings in January 2025 grew by 50.4 percent compared to the same month last year, reaching USD 859.22 million, up from USD 571.16mln in January…
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Electronic Document and Records Management System launched at Finance Ministry
KAMPALA, March 20, 2025 – The Permanent Secretary and Secretary to the Treasury [PSST], Ramathan Ggoobi has launched the Electronic Document and Records Management System [EDRMS] at the Ministry of Finance, Planning…
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Gov’t pledges efficient power distribution after UMEME exits
KAMPALA, March 19, 2025 – Government through the The Ministry of Energy and Mineral Development [MEMD] has reaffirmed readiness to take over the electricity distribution concession from UMEME Ltd. through the Uganda…
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Gov’t receives Shs 40bln to connect rural areas to electricity
KAMPALA, March 19, 2025 – The Government of Uganda has received a €10 million [approximately Shs 40 billion] grant to improve electricity access in the country’s rural and peri-urban areas. The grant,…
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Wazalendo SACCO’s total assets grow to over Shs 1 trillion
JINJA, March 18, 2025 — Uganda’s largest Savings and Credit Cooperative Organisation [SACCO], commonly known as Wazalendo SACCO [WSACCO], has announced that its total assets rose to Shs 1.149 trillion in 2024,…
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Africa losing US$ 88bln in illicit financial flows annually, says Among
KAMPALA, March 18, 2025 — Speaker of Parliament Anita Among has said illicit financial flows [IFFs] in Africa are making the continent to lose an estimated US$ 88 billion annually, and that…
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House decries high charges at Mulago Specialised Hospital
KAMPALA, March 13, 2025 –– Members of Parliament [MPs] have expressed concerns after it emerged that high fees are being charged at the private wing of the Mulago Specialised Women and Neonatal…
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BoU to regulate mortgage financing entities
KAMPALA, March 13, 2025 –– The Bank of Uganda [ BoU ] is set to regulate operations of mortgage refinancing institutions in the country once the Mortgage Refinance Institutions Bill, 2025 is…
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Trade Ministry intervenes in Walimu Cooperative Union disputes, orders holding of AGM
KAMPALA, March 13, 2025 – All is not well at Walimu Cooperative Union Limited, according to the latest letter from Robert Bariyo Barigye, the Registrar of Cooperatives in the Ministry of Trade,…
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Credit referencing in Uganda: Unlocking opportunities for growth
KAMPALA, March 12, 2025 –– Uganda has a diverse range of credit providers, including commercial banks, credit institutions, and Microfinance Deposit-Taking Institutions [Tier 1 to Tier 3 financial institutions], Deposit-Taking Microfinance Institutions,…
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