Every year on June 3, millions of Christians in Uganda and across the world gather to commemorate Uganda Martyrs Day, one of the most important religious events on the African continent. The annual celebration attracts pilgrims...
The government is planning to establish new border entry points along Uganda's frontiers with Kenya and Rwanda as part of efforts to improve cross-border trade, facilitate movement and strengthen regional integration.
The announcement was made by the...
The directive is in accordance with section 89(1) of the Tier 4 Microfinance Institutions and Money Lenders Act, which states that the maximum interest rate that a money lender shall charge on the principal or the actual sum of money advanced as a loan to a borrower is two point eight percent (2.8%) per month or thirty-three point six percent (33.6) per annum.