Business •
10 Dec '24
Juba, South Sudan — November 21, 2024: South Sudanese President Salva Kiir has made sweeping changes to the country’s security and financial leadership.In a series of decrees broadcast on state-owned South Sud
Business •
07 Dec '24
Business •
30 Nov '24
Renowned activist Habib Buwembo caused a stir at Kampala High Court as he demanded a refund of UGX 3 million, which he paid as bail in a defamation case against Speaker Anita Among. Habib Buwembo, arrested in 2022 over allegations of defaming the Speaker, was la
Business •
30 Nov '24
According to police reports, AIGP Frank Mwesigwa, Uganda's Police Operations Director, has called an urgent meeting with Kampala metropolitan police commanders to address Christmas security concerns. The meeting aims to tackle rising incidents of insecurity in t
Business •
20 Nov '24
A video of Uganda’s President Yoweri Museveni harvesting matooke at Vice President Jessica Alupo’s farm in Katakwi district is igniting massive backlash online.The video, shared on the verified X handle of UBC
Business •
15 Nov '24
A report by the European Investment Bank indicates that excessive government domestic borrowing has severely impacted the private sector, with many borrowers left with no sources of credit. The report, titled: Finance in Africa, Unlocking Investment in an Era of Digital Transformation an
Business •
15 Nov '24
(Kampala) – The High Court has ordered the Ugandan government to pay 150 million shillings in damages to two journalists who were assaulted by Uganda Peopleâs Defence Forces (UPDF) soldiers while covering a protest in 2021. The compensation, awarded as UGX 75 million for each journalist, reco
Business •
15 Nov '24
Uganda's Civil Society Organisations (CSOs) have urged the government to reassess its approach to the ongoing rationalisation process, emphasising the need to prioritise local government and Parliament reforms to effectively reduce taxpayers' expenses. Mr Julius Mukunda, the Executive D
Business •
11 Nov '24
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.