Business •
11 Oct '24
US President Joe Biden has postponed his trip to Germany and Angola, potentially ending the excitement surrounding what would have been his maiden trip to Africa since he took power. The White House on Tuesday confirmed the grapevine that had swirled on social media networks over the pas
Business •
11 Oct '24
Every October 9, Uganda joins the rest of the world to celebrate Post Day. This annual event commemorates the establishment of the Universal Postal Union (UPU) in 1874 in Bern, Switzerland. World Post Day was declared at the UPU Congress in Tokyo, Japan, in 1969, and since then, countrie
Business •
11 Oct '24
The Growth Opportunities and Productivity for Women Enterprises (GROW) Project has disbursed Shs18.9b in loans to 1,193 women entrepreneurs across Uganda, Minister of Gender, Labour and Social Development, Ms Betty Amongi, announced. "The 83 per cent loans going to women in small busines
Business •
11 Oct '24
Police in Bushenyi District are investigating circumstances under which a renowned local businessman was found dead in a hotel room. According to police, 54-year-old Bushenyi Town businessman Isaac Ruhigwa Atwiine died overnight Wednesday under unclear circumstances. The deceased was
Business •
09 Oct '24
Kenya’s National Assembly voted to impeach Deputy President Rigathi Gachagua on Tuesday, October 8, 2024 in a historic political event. The decision was made during a lengthy parliamentary session, with 281 members voting in favor of the impeachment, while 44 opposed it, and one member abstained.
Business •
09 Oct '24
Uganda’s coffee exports to the European Union (EU) are expected to remain unaffected by the looming December 2024 deadline of the EU Deforestation-free Regulation (EUDR), according to Hon. Henry Musasizi, the Minister of State for Finance, Planning and Economic Development (General Duties). The mi
Business •
09 Oct '24
President Yoweri Museveni has committed Shs2 billion to support the development of Muslim women’s Savings and Credit Cooperative Organizations (SACCOs) in Uganda. During the inaugural Muslim Women’s Conference, held at Old Kampala Secondary School grounds, Museveni promised to deliver Shs1 billi
Business •
09 Oct '24
Kenyan President William Ruto is facing growing pressure to publicly explain the reasons behind his fallout with his deputy, Rigathi Gachagua. Allegations against Gachagua, which led to an attempt by parliamentarians to remove him from office, are reportedly not new in Kenya’s political landscape.
Business •
09 Oct '24
Can Green Finance Unlock Uganda's Potential? Only 22 percent of Ugandan farmers in agribusiness have access to green finance according to the 2023 FinScope Uganda report. Many subsistence farmers continue to report less and less harvest every year and yet don’t know why. The answer is obvi
Business •
09 Oct '24
Mozambique votes on Wednesday in a tense general election highly likely to deliver victory to the ruling party, Frelimo, which has governed the Southern African nation since 1975. Four candidates are vying to replace President Filipe Nyusi, who is stepping down after serving two terms. T