KAMPALA — Spiro, an electric mobility company with operations in Uganda, has secured $50 million in debt funding to expand its battery-swapping infrastructure and electric vehicle fleet across Africa.The funding round, announced Tuesday, included participation from Afreximbank and two ne
KAMPALA — The Government of Uganda has approved a budget of Shs56.9 billion to facilitate the long-awaited elections for Local Council One (LC1) and Local Council Two (LC2) leaders, with voting expected to take place before the swearing-in of President Yoweri Museveni.Cabinet cleared the
Uganda’s Ambassador to South Africa Paul Amoru has urged Ugandans living there to remain disciplined and respect domestic laws as the two countries move closer to introducing visa-free travel for ordinary passport holders.Mr Amoru said technical processes to waive visa fees for ordinary
dfcu Bank has opened a new branch in Namanve Industrial Park, positioning itself at the heart of one of Uganda’s fastest-growing manufacturing hubs, as government renewed calls for commercial lenders to cut borrowing costs for industry.Speaking at the launch, David Bahati welcomed the ex
Mukono – The High Court has consolidated several land cases filed by the Kabaka of Buganda against 12 district local governments and the Attorney General into one major suit to be heard in Mukono.In a ruling delivered recently, Justice Stephen Mubiru ordered that seven civil suits filed
South African bonds extended gains as investors positioned for Finance Minister Enoch Godongwana's budget presentation on Feb. 25. Morgan Stanley said the budget could reinforce fiscal consolidation and further compress the risk premium on sovereign debt. The bank described the upcoming fiscal up
Sudhir and Mwenda share a light moment at the billionaire's home in Kololo.Kampala, Uganda | — A resurfaced video clip of veteran journalist Andrew Mwenda has ignited fresh debate on social media after he openly acknowledged his close personal and financial ties to businessman Sudhir Ru
The debate over Uganda Wildlife Authority’s (UWA) UGX10 billion request to purchase a helicopter recently intensified, with Members of Parliament questioning the cost and sustainability of the proposal.But according to UWA Executive Director James Musinguzi, the helicopter is not a luxur
Government has commissioned Shs3.8Bn community access roads in Nakaseke under the LEGS project, boosting dairy farming, trade and local revenue growth.Ministry of Local Government Permanent Secretary Ben Kumumanya cuts the ribbon to commission the Gayaza–Kalungu–Mityomere Road in Nakas
Kampala city after street vendors being evicted.Overview:KCCA spokesperson Daniel Nuwabine said this time it will be different. He said eviction of street vendors in the Central Business District (CBD) is part of a broader effort to organize trade in the city and the entire Greater
