Why Ugandans turned to mobile money loans and borrowed Shs2.75 trillion in 2025
Mobile money has become one of the biggest sources of borrowing in Uganda, with millions of people now relying on ...
Thursday, May 7, 2026
Tag: Loans
Don’t use national IDS as security for loans—NIRA
The National Identification and Registration Authority (NIRA) has advised Ugandans against using their national identification cards as collateral for loans. ...
MP Basalirwa threatens to sue World Bank over loan suspension
Bugiri Municipality's Member of Parliament, Asuman Basalirwa, has threatened to pursue legal action against the World Bank after the institution ...
Bank offers MPs unsecured personal loans of up to Shs1b that can be processed in a day
Banks and Money lenders are said to always bombard Members of Parliament especially those that are new with juicy loan ...
List of tycoons, ministers who had big Crane Bank loans when it closed leaks
When Bank of Uganda put Crane Bank under receivership in October 2016, the bank’s ownership put the blame on non ...
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