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Proud moments. Bright futures. The future is here. #VU10thgrad @ReachDrMuganga @bbstvug @GalaxyFMUg @NBSBreakingNews

Proud moments. Bright futures. The future is here. #VU10thgrad @ReachDrMuganga @NBSBreakingNews @GalaxyFMUg @bbstvug

😂 The Victoria Sharks didn’t just beat Makerere Impis 20–10; they gave them a practical lesson in how to handle a shark attack! 🦈🏉� But this bus joke, I’m not part of it!!!I’m just sharing for my neighbour here! vu.ac.ug

Your loan just got heavier: What BoU’s rate hike means for you @BOU_Official yesterday raised its Central Bank Rate by 2.25 percentage points, from 9.75 percent to 12 percent. It is the highest level since 2017, and the effects will soon reach borrowers’ pockets. The decision came at an extraordinary meeting of the Monetary Policy Committee. The central bank is trying to stop the slide of the shilling, which has lost about 12 percent against the dollar this year, and to contain inflation driven by high global oil prices. Take a Kikuubo hardware trader with a Shs50 million, five-year loan used to stock cement and iron bars. If her bank passes on the full increase, raising her rate from 18 to 20.25 percent, her monthly repayment climbs from about Shs1.27 million to Shs1.33 million. That is Shs62,000 more every month, roughly the cost of a bag of cement and a jerrycan of fuel. Over the life of the loan, she will pay about Shs3.7 million more. She also pays more on the other side of her business. The iron bars she imports are priced in dollars, so the weaker shilling makes each consignment costlier. She now has two choices: raise prices for customers who are already tightening their belts, or accept thinner profits. For salaried workers, the pinch may come through salary loans, mortgages and overdrafts on variable rates. A teacher who planned to borrow to finish building her house may find the bank’s offer less friendly than it was last month. Anyone thinking of taking a new loan should expect stricter terms. The news is not all bad. Savers could earn more on fixed deposits and Treasury bills as returns rise. People who have been disciplined about saving may finally see their money work harder. Businesses were already holding back. A recent Bank of Uganda survey found that only 8.8 percent of firms applied for loans in the three months to September, half the share of the previous quarter. The central bank has also cut its growth forecast for 2026/27 to between 6 and 6.5 percent. Commercial lending rates, already at 17 to 19 percent, are expected to rise in the coming weeks. What borrowers should do now •Ask your bank whether your loan has a fixed or variable rate, and when any change will take effect. •Avoid dollar loans unless you earn in dollars. •Postpone expansion plans that are not urgent. •Chase customers who owe you money, and keep some cash in hand. The central bank says it stands ready to act again if inflation pressures persist. For now, the cost of money has gone up, and every borrower will feel it.

I find his explanation very reasonable and commendable. This is how pastors and all true men of God should respond—with wisdom, humility, honesty, and clarity. Faith leaders should be willing to address difficult questions with sincerity and help society understand their position. Well said! My friend @FrankGashumba, this is a conversation worth having.

I find his explanation very reasonable and commendable. This is how pastors and all true men of God should respond—with wisdom, humility, honesty, and clarity. Faith leaders should be willing to address difficult questions with sincerity and help society understand their position. Well said! My friend @FrankGashumba, this is a conversation worth having.

Thank you, Maama Janet! 🙏❤️ I give glory to God for your renewed strength, good health, and wisdom. Your resilience and determination are truly inspiring. We thank the Lord for seeing you through and pray that He continues to grant you abundant health, peace, strength, and many more years of purposeful service to our nation. May His grace continue to shine upon you, Maama. 🇺🇬🙏

It’s a honour to know you and to have worked with you too, Bro! Keep it up