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Does Kiira Motors need two years to turnaround?

Does Kiira Motors need two years to turnaround?

Uganda has eagerly awaited large-scale production from its state-owned auto plant, which some peg to be a high financial risk before it breaks even. Kiira Motors Corporation’s executives intend to produce 5,000 vehicles annually, mostly buses, to advance sustainable mass transit option

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President Museveni Cautions Leaders Against Using Money in Politics

President Museveni Cautions Leaders Against Using Money in Politics

President Yoweri Kaguta Museveni has cautioned leaders against using money in politics, saying that it’s against the National Resistance Movement (NRM)’s 4th principle of democracy. “With Principle No.4 (democracy), we must remove the pollution of using money in politics. Let all leader

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East African youth schooled on proper use of the internet

East African youth schooled on proper use of the internet

Youth in the East African region have been trained on the different benefits and opportunities available in this digital era. This was at the East Africa Internet Governance Forum (EAIGF), which brought together East African stakeholders to build a common unders

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Mozambique starts visa exemption talks with Uganda

Mozambique starts visa exemption talks with Uganda

The Ugandan government has started visa exemption talks with Mozambique, a development which would allow citizens of both African countries to travel between the two states without requiring a visa.This follows a

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New Uganda Airlines Abuja route to promote trade, says minister

New Uganda Airlines Abuja route to promote trade, says minister

The minister of state for works and transport Fred Byamukama has expressed optimism that the new Uganda Airlines route to the Nigerian capital will promote economic development and investment between the two countries.

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Cyclist Charles Kagimu Etches His Name in History as First Uganda to Complete Olympic Race, Receives Roaring Applause

Cyclist Charles Kagimu Etches His Name in History as First Uganda to Complete Olympic Race, Receives Roaring Applause

Charles Kagimu etched his name in the record books as the first Ugandan to ever complete an Olympic road race.With a remarkable 77th-place finish in Paris, the 25-year-old trailblazer becomes a pioneering figure in Ugandan cycling.He was part of th

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Dr. Sudhir to Highlight entrepreneurial Success at UK-Africa investment Summit in London

Dr. Sudhir to Highlight entrepreneurial Success at UK-Africa investment Summit in London

Dr Sudhir will share his business success at the UK-Africa investment summit in LondonThe UK-Africa Investment Summit, set to take place this month, will see the presence of one of East Africa’s most influential business figures, Dr. Sudhir Ruparelia, f

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50 Cent slams Sean ‘Diddy’ Combs’ apology video after shocking Cassie hotel footage

50 Cent slams Sean ‘Diddy’ Combs’ apology video after shocking Cassie hotel footage

‘This is not going to work,’ the rapper saidRapper 50 Cent has criticised Sean “Diddy“ Combs’ apology video, which he posted on social

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Equity Group registers strong recovery

Equity Group registers strong recovery

Equity Group Chief Finance Officer Moses Nyabanda, Managing Director and CEO, Dr. James Mwangi and Chief Internal Auditor Beth Kithinji during the Q1 2024 Investor Briefing eve

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SA Shoprite billionaire Wiese returns to his diamond-hunting roots

SA Shoprite billionaire Wiese returns to his diamond-hunting roots

Wiese first got into alluvial diamonds in 1976 when he bought a mine along the Orange River.Christo Wiese, South Africa’s billionaire retail king, is going back to the future.The 82-year-old serial investor, who steered the expansion of both Africa’s biggest clothing reta

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