Category: Business

How Museveni’s 4-Acre Model Message Transformed the Life of Serere Farmer

How Museveni’s 4-Acre Model Message Transformed the Life of Serere Farmer

Mr. Joseph Ijara, the proprietor of Teifa Farm in Kakusi cell, Serere District, today shared an inspiring journey of resilience and success, proving that with the right mindset and determination, transformative change is possible.

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MAAIF’s US$354M Project to Mitigate Climate Change Effects on Agricultural Sector

MAAIF’s US$354M Project to Mitigate Climate Change Effects on Agricultural Sector

The Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) is implementing a 6-year project aimed at mitigating the effects of climate change on Uganda’s agricultural sector.Titled the Uganda Climate Sma

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Shocking Truth: Posta Uganda Operating Illegally

Shocking Truth: Posta Uganda Operating Illegally

(Kampala) – Posta Uganda, the country’s postal service provider, has been operating without a valid license, according to revelations from a parliamentary Ad Hoc Committee. During an interface on Tuesday, November 19, 2024, chaired by Karim Masaba, lawmakers scrutinized Uganda Posta Limite

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Govt opens up three new areas for oil exploration

Govt opens up three new areas for oil exploration

The Ministry of Energy says opening up new areas will, among others, contribute to the sustainability of oil production. The Ministry of Energy and Mineral Development has opened up three new areas or frontier basins for petroleum activities spanning 17,244 square kilometres across the c

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Uganda faces setback in Aids fight with 38,000 new HIV cases in 2023

Uganda faces setback in Aids fight with 38,000 new HIV cases in 2023

The Uganda Aids Commission (UAC) has raised concerns about the high number of new HIV infections registered in the country annually, which may hinder Uganda’s goal to end Aids by 2030. Dr Vincent Bagambe, the director of planning and strategic information at UAC, said although new infe

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To cap or not to cap interest rates

To cap or not to cap interest rates

The Parliament has passed a law mandating the Minister of Finance to prescribe a maximum interest rate that money lenders may charge their borrowers. Not surprisingly, the moneylenders’ association has “rejected” the new law, arguing that the government has no right to control what doe

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Tycoon Rajni Tailor faces jail over Shs148m rent arrears

Tycoon Rajni Tailor faces jail over Shs148m rent arrears

Rajini Tailor, a renowned businessman and former Buganda Kingdom minister, has been embroiled in a debt dispute with the Muljibhai Madhvani Foundation, resulting in his recent detention at Luzira Prison. The dispute centres on unpaid rent arrears amounting to approximately Shs148 million

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URA, BAT move to tighten noose against contraband boosts DTS

URA, BAT move to tighten noose against contraband boosts DTS

The British American Tobacco team led by Chris Achola, Cluster Head BAT East and Southern Africa met with URA to identify ways on curbing illicit trade in cigarettes in the East African region. During the meeting held at URA headquarters, Nakawa BAT proposed different ways through which

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Absa in push to ease access to electric motorcycles

Absa in push to ease access to electric motorcycles

Financial technology company, Mogo, has said it has obtained a loan facility from Absa to ease access to electric motorbikes. The company, which indicated that it had previously benefited from Absa’s financing at the group level, said the first tranche of Shs5b had been disbursed.

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‘We’re aware the boda market is built on trust’

‘We’re aware the boda market is built on trust’

Imagine you’re running an asset financing business in Europe and think, “Why not give East Africa a shot?” So you do the research, find the market, and discover real potential.  That’s how Mogo Uganda, an asset-financing tech company, landed in Kampala.  The

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