Loans
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Education
Girls edge boys as 2,790 secure higher education loans
KAMPALA, September 11, 2026 — The Government of Uganda has awarded higher education loans to 2,790 students for the 2026/2027 academic year under the Higher Education Students’ Financing Scheme [HESFS], with female…
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Environment
Lenders cry foul as borrowers divert green loans to fund forest destruction
MASAKA, September 8, 2026 — Lenders in the Greater Masaka have expressed dismay over the way some borrowers are using green loans to finance charcoal burning and the felling of trees for…
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Cooperatives & Communities
Nebbi struggles to recover first PDM disbursement as grace period ends
NEBBI, September 6, 2026 — Nebbi district is struggling to recover the first batch of Parish Development Model [PDM] funds disbursed to beneficiaries two years ago, with district leaders reporting low repayment…
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Finance & Banking
Finance minister calls for patient capital to support Uganda’s Tenfold Growth Strategy
KAMPALA, August 26, 2026 — The Minister of Finance, Planning and Economic Development, Henry Musasizi, has called on the Uganda Bankers’ Association [UBA] to work towards lowering the cost of credit and…
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Finance & Banking
UDB board approves Shs 63bln in recapitalisation as 2025 profit jumps 9.7 percent
KAMPALA, August 17, 2026 — The Uganda Development Bank [UDB] board has approved Shs 63 billion in recapitalisation following the disbursement of at least Shs 502.2bln to facilitate private sector growth. The…
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Finance & Banking
Cut lending rates for manufacturers to boost industrial growth, minister urges banks
KAMPALA, August 11, 2026 — State Minister for Trade David Bahati has urged commercial banks in Uganda to reduce lending rates for manufacturers to enable the sector to grow. Bahati said the…
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Cooperatives & Communities
MADFA SACCO opens seventh branch in Nakaseke district
NAKASEKE, July 27, 2026 — Residents of Ngoma Sub-county in Nakaseke district have been urged to embrace Savings and Credit Cooperative Organisations [SACCOs] to improve their savings culture and access affordable credit,…
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Cooperatives & Communities
Emyooga loan defaulters wanted as over Shs 200mln remains unpaid in Masaka City
MASAKA CITY, July 17, 2026 — Authorities in Masaka City have launched a manhunt for leaders and members of Emyooga SACCOs who have allegedly failed to repay more than Shs 200 million…
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Opinions & Commentary
Borrowing on Mobile Money? Your Digital habits may be building or damaging your Financial Reputation
KAMPALA, June 23, 2026 — Every day, millions of Ugandans borrow money through mobile money platforms and other digital channels. You no longer have to leave work, close your business, or spend…
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News
Only six PDM beneficiaries repay loans in Kabale Municipality
KABALE, June 21, 2026 – Authorities in Kabale Municipality have raised concern over the poor repayment of loans received by the beneficiaries of the Parish Development Model [PDM], revealing that only six…
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