The government has committed to recapitalising Pearl Bank as part of broader efforts to accelerate Uganda’s economic transformation. The commitment was made by Finance minister Matia Kasaijja during the release of the bank’s financial year results. Formerly known as PostBank Uganda Limited, Pearl Bank is a fully government-owned Tier One commercial bank focused on promoting financial inclusion, entrepreneurship and economic …
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The National Resistance Movement (NRM) National Chairman and President of the Republic of Uganda, H.E. Yoweri Kaguta Museveni, has officially launched the NRM Manifesto for the period 2026–2031, pledging to protect the hard-earned achievements of the Movement and accelerate Uganda’s march to high middle–income status. The colorful launch was attended by senior party leaders, ministers, Members of Parliament, and other …
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By Kabuye RonaldPresident Yoweri Museveni has pledged UGX 10.2 billion to Boda Boda Savings and Credit Cooperative Organisations (SACCOs) across the Kampala Metropolitan Area, with a strict condition that all loans disbursed under the scheme must not exceed a 6% annual interest rate. During a meeting held at Kololo on Sunday, September 21, with leaders of 102 boda boda SACCOs, …
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