The International Fund for Agricultural Development (IFAD) and Upesi Money Transfer, a regional payments provider, have teamed with FlexiPay, Stanbic Bank’s digital payment platform, to make it easier for FlexiPay users to send and receive money internationally. According to Josephine Nakato Kasacca, Lead Customer Experience & Operations at FlexiPay, the new collaboration is a reflection…
Mercantile Credit Bank Ltd.’s license has been revoked by the Bank of Uganda, which also instructed that the business wind down. Mercantile is a Tier II financial institution. Credit institutions are defined as “non-bank” financial organizations that take call and time deposits, which must be repaid either with notice or after a predetermined amount of…
The Microfinance Support Center officials were given instructions by the parliamentary Public Accounts Committee (PAC) to create an extensive list of Emyooga fund recipients for the fiscal year 2022–2023. Additionally, PAC directed that details about the loan amounts disbursed and recovered be included in the list. This order came after the Auditor General disclosed that…
Ugandans have been advised by Minister of Energy and Mineral Development Ruth Nankabirwa not to pay illicit fees for the provision of power in their areas. In Uganda, 10% of those living in rural regions and 57.2 % of those living in urban areas have access to electricity. According to Luzinda Livingstone, a local resident…
Effective July 1st, the Entebbe Municipal Council will close all weekly open-air markets, also referred to as “kabubbu.” Mayor Fabrice Rulinda made the broad decision public, highlighting the importance of assisting the major markets that pay the municipal council dues each month. Mayor Rulinda said that the council decided to close all weekly open-air markets…
WasteAid will take lead, piloting the project. According to Soteri Nabeeta, the Executive Director of Management Training and Advisory Centre (MTAC), the institute will lead the skilling and retooling of workers, and a hub to be set in Nakawa, its headquarters. The National Curriculum Development Centre (NCDC) shall integrate innovation into the curricula.
BY: Samuel kirimunda In a bid to recover from covid19 pandemic which hit the businesses mostly in Africa including Uganda many women suffer losses in their businesses across africa like in Uganda, south africa among others. in Stake holders engagement meeting which involved many organizations ie. KACITA , AWAAN etc have come up with different…
Today, Mr. Museveni is anticipated to visit the project site known as Inspire Africa Coffee Park in order to keep an eye on its development, assess its success, and engage with farmer organizations and other project stakeholders. Get informed
9,627 cadets will be enlisted in the Uganda People’s Defence Forces (UPDF) this year. The head of joint staff training and doctrine, Brig Gen. Alex Olupot, states that candidates must be citizens who took the O-Level exam between 2000 and 2023. Applications will be accepted by the army starting on May 27 and closing on…
Uganda’s oil sector regular, The Petroleum Authority of Uganda (PAU), has asserted that producing oil on a commercial basis will begin during the fourth quarter of 2025. Uganda announced the discovery of commercial oil reserves 18 years ago but production has been marred by several slipped timelines. Get informed
