How dfcu Bank is powering Uganda’s asset ownership revolution and unlocking economic potential in Uganda COMMENT | GLORIA SSUUNA NAMUTEBI | In today’s economy, owning a productive asset—a vehicle, a motorcycle, or a piece of machinery—is more than a convenience. It’s a catalyst for financial independence, business growth, and generational wealth. …
Read More »
Kampala, Uganda | THE INDEPENDENT | Experts have urged Uganda to avoid taking loans for which they never prepared and planned, as this distorts growth and development. This comes as the country embarks on what many have termed “ambitious”, a journey to grow the economy from the current 53 Billion …
Read More »
Mukono, Uganda | THE INDEPENDENT | Hamida Mutesi Nalule, a renowned moneylender in Seeta Bajjo, Mukono Municipality, has been stabbed to death by a client owing her sh18 million. Nalule, according to Racheal Namwanje, loaned Elvis Katabaazi sh18 million last year, but the latter had never bothered to pay it …
Read More »
Kampala, Uganda | THE INDEPENDENT | In yet another move to empower riders nationwide, the BodaBoda Riders Cooperative Union on Wednesday unleashed several products to empower members that use the ride-hailing app, Union App. At a colorful event at Garden City in Kampala, Uganda’s top boda-boda cooperative officially launched Union …
Read More »
KAMPALA, UGANDA | THE INDEPENDENT | MOGO Uganda, an asset financing company, has introduced a smartphone loan program in collaboration with Airtel Uganda, making Tecno, Infinix, and itel devices more accessible to a wider range of Ugandans. This move meets the rising need for cost-effective smartphone access, enabling people to …
Read More »
The UMEME buyout isn’t just a transaction. It’s a test. Of vision. Of sovereignty. Of whether we believe in our people enough to let them own the infrastructure they depend on. COMMENT | APOLLO BUREGYEYA | The government wants to re-acquire UMEME. Price tag: UGX 700 billion. Financing plan? A …
Read More »
Kampala, Uganda | NEBERT RUGADYA & LOUIS JADWONG | Uganda’s education system dictates that tuition fees are paid at the start of every term of three months, or in a lump sum, for the full year. The opening days of school therefore often turn out to be very stressful for …
Read More »
COMMENT | Hope Ekudu | We often delay pursuing our dreams, waiting until we’ve saved enough to make them a reality. It can be frustrating to work hard toward a goal only to be held back by a lack of funds. In Uganda, where acquiring loans can be a lengthy and inaccessible …
Read More »
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has encouraged business owners especially manufacturers and agriculturalists to opt for affordable credit provided by Uganda Development Bank (UDB). The President made the call recently while launching the new Karuma 600 MW hydropower project which now takes Uganda’s installed capacity to …
Read More »
Kampala, Uganda | THE INDEPENDENT | Frustration is brewing among property owners in Mukono Municipality as they grapple with the ramifications of an extended freeze on land title transfers. For the past two years, the ministerial zonal offices (MZO) in Mukono have imposed a sweeping halt on all land transactions within …
Read More »
The Independent Uganda: You get the Truth we Pay the Price
