Pedson Mumbere

Pedson Mumbere

50 stories published recently

Uganda’s Poverty Levels Drop to 16.1% 

Pedson Mumbere | May 16, 2025
Karamoja continues to be the hardest-hit region, with 74.2% of its population approximately 937,500 people living in poverty.

POATE 2025 Positioned to Transform Uganda into a Year-Round Tourism Economy

Pedson Mumbere | May 16, 2025
Our goal is to transform Uganda into a year-round tourism economy. POATE is the ignition point that connects investors to projects, travellers to experiences, a...

MTN Pays shs42.5bn in Statutory Levy to UCC

Pedson Mumbere | May 14, 2025
The amount represents 2% of MTN  Uganda’s gross annual revenue for the financial year ending 31 December 2024, in  compliance with the Communications Act and th...

Dfcu Jazz in the Pearl Festival Debuts with a Glamorous Symphony of Music and Memories

Pedson Mumbere | May 14, 2025
At dfcu, our commitment extends beyond banking to creating experiences that truly inspire,” Mudiwa stated. “The dfcu Jazz in the Pearl Festival serves as a powe...

NCBA Records Shs46bn Profit

Pedson Mumbere | May 13, 2025
The bank’s latest financial results show strong gains across core indicators. Net loans and advances jumped 18% to Shs298 billion, indicating NCBA’s strategic e...

KCCA ED Buzeki Issues Warning to Enforcement Officers over Corruption and impunity.

Pedson Mumbere | May 7, 2025
It is disturbing to learn that some officers demand bribes and only penalise those who refuse to pay

DTB Partners with Kabaka Foundation to Enhance Healthcare Access in Buganda

Pedson Mumbere | May 6, 2025
During the launch of the camp, DTB Uganda Managing Director Godfrey Sebaana underscored the importance of preventive healthcare, emphasizing that such services...

Smuggled to Dust: URA Destroys Over 100 Tonnes of Unstamped Goods in Nakasongola

Pedson Mumbere | May 6, 2025
The destruction took place on April 30, 2025, at Luweero Industries Ltd in Nakasongola District, a site officially designated for such enforcement actions.

Beef, Passion Fruits Drive Uganda's Annual Inflation to 3.5%

Pedson Mumbere | May 3, 2025
Among the top contributors to this inflationary increase is beef, whose prices surged by 10.1% in April, a sharp rise from 4.2% recorded in March 2025.

Some People Are in Govt Not for Salary but to Cut Deals- Ex-MP Mukitale Slams Corrupt Officials

Pedson Mumbere | May 2, 2025
We know where corruption is, but when you deal with it, you can be killed,” he said, painting a grim picture of the risks faced by whistle-blowers and reformist...

Uganda Development Bank Wins Regional Bank of the Year at African Banker Awards

Pedson Mumbere | May 2, 2025
Being named Regional Bank of the Year for East Africa is a testament to our hard work, dedication, and resolve to accelerate financial inclusion and facilitate...

Uganda's Urban Tsunami: Will Smart Planning Be the Lifeline?

Pedson Mumbere | May 2, 2025
Standfirst: As Uganda’s cities swell at one of Africa’s fastest urbanisation rates, experts at a national conference warn that without bold infrastructure plan...

GROW Project to Ease Loan Conditions

Pedson Mumbere | May 2, 2025
Faced with low loan uptake among informal women-led businesses, GROW project officials are revising eligibility requirements to make access to affordable credit...

Uganda Debt Network Launches Maputo Manifesto to Amplify African Women’s Call for Economic Justice

Pedson Mumbere | May 1, 2025
Women should continue to occupy space and access more resources to tell their stories, avoiding political and economic systems based on male-dominated framework...

MTN Pulse Partners with Linus Tattoos Studio to Launch Lifestyle Tattoo Party Ahead of Amapiano Bash

Pedson Mumbere | Apr 25, 2025
The partnership gives Pulsers (MTN Pulse subscribers) exclusive access to tattoo sessions at 50% off at Linus Tattoos Studio, redeemable via 1754# or the MTN Pu...

NCBA, Motorcare Uganda Partner to Make Vehicle Ownership More Affordable

Pedson Mumbere | Apr 25, 2025
Our collaboration with Motorcare Uganda underscores our commitment to fostering growth in Uganda’s vehicle ownership market, benefiting individuals, businesses,...

Rethink Development: PDM Is More Than Just Handouts – Economist Tells Govt

Pedson Mumbere | Apr 24, 2025
Appearing on NBS Morning Breeze, Muhumuza argued that while the government is channeling funds through the PDM to uplift household incomes, many beneficiaries a...

BoU Launches Anti-Fraud Consortium to Safeguard Uganda’s Financial System

Pedson Mumbere | Apr 23, 2025
The Bank of Uganda has launched a multi-agency consortium to combat financial fraud through coordinated action, public awareness, legal reforms, and a new fraud...

Gorilla Permit Sales Surge by 6.8% in 2024, Hitting Record High

Pedson Mumbere | Apr 22, 2025
A total of 41,468 permits were sold last year, up from 38,836 in 2023 and surpassing the pre-pandemic peak of 39,627 in 2019—a clear signal of the growing globa...

Man Jailed for Tampering with Financed Smartphone in Growing Digital Fraud Trend

Pedson Mumbere | Apr 22, 2025
Joseph Sekiziyivu was arrested on December 24, 2024, after it was discovered that he had unlawfully reprogrammed a Samsung phone he had obtained on a hire-purch...

Tourism Earnings Reach Shs4.8tn in 2024 — Report

Pedson Mumbere | Apr 17, 2025
This surge was driven by an increase in both the length of tourists’ stays and their daily spending, with the average daily expenditure rising from $110 to $125...

Fort Portal Gets New Boda Boda Training School

Pedson Mumbere | Apr 16, 2025
By offering free training and direct support in navigating the permit process, Watu Shule is removing key barriers to safer, more sustainable motorcycle transpo...

Research Centre Launches Agricultural Finance Yearbook, Calls for PDM Review

Pedson Mumbere | Apr 16, 2025
The 2024 edition of the yearbook offers comprehensive analysis on agricultural financing tools and programmes, including Emyooga, the Small Business Recovery Fu...

Funding Deficit Dominates Energy Access Investment Forum

Pedson Mumbere | Apr 11, 2025
We are currently facing a funding gap exceeding Shs 2.55 trillion (€600 million), which hampers our capacity to fast-track electrification

Ggoobi Unveils Six-Pillar Strategy to Power Uganda’s to $500bn Economy by 2035

Pedson Mumbere | Apr 10, 2025
The government also plans to finalize the establishment of free trade zones to attract foreign direct investment and promote export-led industrialization, while...

Nuclear Energy Offers a Huge Opportunity for a Cleaner, Brighter Future –  Litho

Pedson Mumbere | Apr 9, 2025
Our goal is to ensure that Ugandans understand nuclear energy, and recognize that when managed responsibly, it is both safe and beneficial - Patricia Litho

GDP Growth Reaches 6.7%

Pedson Mumbere | Apr 9, 2025
This marks a significant improvement over the same periods in FY 2023/24, when GDP growth was 5.6% and 5.8%, respectively.

Gov’t Allocates Shs 41.12 Bn to Bolster Tourism Infrastructure in Final Quarter of FY 2024/25

Pedson Mumbere | Apr 9, 2025
This funding is strategically directed towards the development of key tourism infrastructure, including the Source of the Nile project, which is instrumental in...

“We’re Not Just Financing Women, We’re Fuelling a Movement — Dfcu's

Pedson Mumbere | Apr 8, 2025
Through initiatives like Women in Business, GROW, the Rising Woman Initiative, and the Best Farmers Competition, dfcu Bank is not just providing financial servi...

URA Impounds Ambulance With Smuggled Kitenge Fabrics in Jinja

Pedson Mumbere | Apr 7, 2025
The smuggled Kitenge fabrics were being chauffeured in an ambulance to Kampala.

Here’s What That 1K Can Buy Under UEDCL’s New Light

Pedson Mumbere | Apr 1, 2025
According to ERA, Ugandans will now get more electricity for their money after the takeover of power distribution from Umeme on March 31 came with the bounties...

Adieu Umeme: UEDCL Promises to Light Up Uganda

Pedson Mumbere | Mar 31, 2025
The transition is part of Uganda’s second-generation energy reforms aimed at improving financial sustainability, expanding access, and enhancing the reliability...

How Illicit Financial Flows Threaten Uganda’s Economic Growth

Pedson Mumbere | Mar 28, 2025
Despite having a solid legal framework in place, illicit financial flows continue to undermine the country’s efforts to maximize its natural resources for devel...

AfDB Commits Shs2tn to Revolutionise Financing for Smallholder Farmers

Pedson Mumbere | Mar 22, 2025
The facility is designed to reduce the high transaction costs associated with financing small agricultural enterprises, ultimately enabling millions of farmers...

Dfcu Gives Out Shs30m in Food Relief to Katanga, Kasokoso Slums

Pedson Mumbere | Mar 14, 2025
The relief packages—comprising sugar, rice, posho, beans, cooking oil, and laundry soap—will be extended to more families nationwide in the coming weeks.
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