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.
Business •
11 Nov '24
Imagine youâre running an asset financing business in Europe and think, âWhy not give East Africa a shot?â So you do the research, find the market, and discover real potential. Thatâs how Mogo Uganda, an asset-financing tech company, landed in Kampala. The
Business •
11 Nov '24
Despite the deliberate effort by the government to increase electricity generation, distribution and extend cooking gas cylinders, most Ugandan households are still using either firewood or charcoal for cooking, a survey by Twaweza, a nongovernmental organization working in East Africa has f
Business •
11 Nov '24
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
Business •
09 Nov '24
A U.S. judge on Friday set aside pending deadlines in President-elect Donald Trump's 2020 election subversion case after federal prosecutors said they were grappling with the "unprecedented circumstance" of his impending return to the White House. U.S. District Judge Tanya Chutkan in Was
Business •
09 Nov '24
A 30-year-old man from Kasese District claiming to be a State House agent has been arrested in Kisoro District where he was found campaigning for an Independent candidate for the district woman Member of Parliament ahead of the November 14 by-election.Bridge Murokole Agaba was arrested follo
Business •
09 Nov '24
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
Business •
09 Nov '24
Kilak North MP Anthony Akol has spoken out about circumstances under which he punched his Mityana Municipality counterpart, Francis Zaake during Wednesday plenary session moments before the passing of the controversial Coffee Bill, 2024. Mr Akol (FDC) punched Mr Zaake (NUP) several times
Business •
08 Nov '24
Effective January 1, next year, all importers will be required to insure their cargo using local companies. The new requirement is provided under the Marine Cargo Insurance Policy, which first took effect on July 1, 2022, but was postponed, with Uganda Revenue Authority saying importers
Business •
08 Nov '24
At 10:14am presiding judge Isaac Muwata walks into a fully-packed courtroom The court clerk calls for the Henry Katanga murder case file as the suspects who appear physically in court, head to the dock. Assistant Director of Public prosecution (DPP) Samali Wakooli, introduces the pro