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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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Two years later: Did dead pupil foresee Salama fire?

Two years later: Did dead pupil foresee Salama fire?

Rebecca Namulondo, 9, had a chilling premonition of impending doom. In an emotional revelation, Godfrey Wamunyokoli, a Mathematics and Science teacher at the Salama School of the Blind, 40km east of Kampala in Luga Village, Kisoga Sub-county, Mukono District, shared a chilling detail abo

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Raid on Parliament again raises questions about Uganda’s democracy

Raid on Parliament again raises questions about Uganda’s democracy

A section of journalists accredited to cover Parliament were denied access to the premises while those who were allowed access were locked up in the basement of the building. On Wednesday, chaotic scenes similar to those that played out at Parliament before the commencement of the debate

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World investor week: Reflecting on financial fitness and future planning

World investor week: Reflecting on financial fitness and future planning

The World Investor Week 2024 is an annual week that allows us to reflect on the past year's investments, assess our progress toward future goals, and fine-tune retirement plans. The journey to financial security is not easy and often requires lifestyle adjustments, such as swapping luxu

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Farmers’ body boosts capacity of women in rural Uganda

Farmers’ body boosts capacity of women in rural Uganda

Most rural women in Uganda are engaged in agricultural activities, contributing 88 percent of agricultural labour force, an activity that contributes to 76 percent of Uganda's economy. Women's traditional roles in agriculture are still influenced by their reproductive roles therefore, ta

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UHOA appeals for more funding, apprenticeship programmes as UHTTI graduates 459

UHOA appeals for more funding, apprenticeship programmes as UHTTI graduates 459

The Uganda Hotel Owners’ Association (UHOA) has appealed for more funding and apprenticeship programmes to develop the country’s capacity in the hospitality industry. The call was made by the Chairlady of UHOA, Ms Susan Muhwezi, in a speech read for her by UHOA Executive Director, Ms

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Kiira Motors intends to be vehicle titan by 2030

Kiira Motors intends to be vehicle titan by 2030

“It was amazing seating close to the Kyabazinga, and, as the driver, it was a memorable experience I will cherish forever,” recounts Richard Madanda about his experience of driving the Kyabazinga, His Majesty William Wilberforce Gabula Nadiope IV, on the day he exchanged nuptials with Jo

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Nakawa East: Who will be Balimwezo’s rival?

Nakawa East: Who will be Balimwezo’s rival?

When the ruling National Resistance Movement (NRM) government gerrymanders constituencies, the official explanation given is that such a move is intended to bring services closer to the people and ensure fair distribution of resources among Ugandans.  The same explanation was given wh

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Uganda’s Tea Prices Reach $1.02 at Mombasa Auction

Uganda’s Tea Prices Reach $1.02 at Mombasa Auction

Uganda’s tea prices at the Mombasa Tea Auction have been holding steady for the past seven weeks, with the latest sale, Number 45, ending on November 5, 2024, at an average price of $1.02 per kilogram (around sh3,760). This price mirrors that of the past two weeks, indicating stability in the mark

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