With funding (Shs850bn) from World Bank, the GoU is continuing to use the PSFU-implemented GROW project to avail low-cost loans (at just 10% interest per annum) to hundreds of female entrepreneurs to enable them sustain, grow, expand and diversify their businesses while breaking into areas that h
Ntungamo—On Friday 19th, the Ministry of Energy and Mineral Development under the Government of Uganda hosted a high-profile Mineral Markets Sensitization Workshop at the newly established Ntungamo Mineral Market Facility, marking a critical step in formalizing the country’s mineral value cha
Uganda has taken a major step forward in advancing its Standard Gauge Railway (SGR) project, with General Muhoozi Kainerugaba, Chief of Defence Forces and Senior Presidential Advisor for Special Operations, meeting leaders of the Turkish construction firm Yapı Merkezi to review the first phase o
Officials launch the new Metro Cement products at Serena Hotel on December 18, marking the expansion of the company’s production capacity and product rangeUganda’s economic partnership with the United Arab Emirates (UAE) is entering a new phase, with rapidly growing foreign direct inve
Uganda National Oil Co. signs a $2 billion loan with Vitol Bahrain to fund major infrastructure, including a new fuel pipeline and storage terminals.KAMPALA — Uganda’s state-owned oil company has signed a $2bn (£1.5bn) deal to fund major infrastructure projects designed to turn the co
The liquidation heatmap showed that there was a chance of a brief LTC price bounce to $82 next.Bitcoin [BTC] bounced to $89.5k before sinking to post a new low of $84.5k. This volatility saw Litecoin’s price [LTC] drop 7.5% in 5 hours, with the altcoin posting a new lower low at $72.64.
In a Tuesday session that has sparked outrage among fiscal watchdogs, a mere fraction of the 11th Parliament authorized the government to proceed with massive loan requests totalling nearly Shs9 trillion.By suspending key safeguards, the House bypassed the standard oversight procedures des
Around the world, some 40 million people are living with HIV. And though progress in treatment means the infection isn’t the death sentence it once was, researchers have never been able to bring about a cure. Instead, HIV-positive people must take a cocktail of antiretroviral drugs for the rest
It makes sense why President Donald Trump would have a
Uganda’s coffee industry is on a record-breaking trajectory, with exports reaching 8.4 million 60-kilogram bags, valued at UGX 8.2 trillion (US$ 2.4 billion) over the 12 months from November 2024 to October 2025, the Ministry of Agriculture, Animal Industry an
