Business •
20 Nov '24
Mr. Joseph Ijara, the proprietor of Teifa Farm in Kakusi cell, Serere District, today shared an inspiring journey of resilience and success, proving that with the right mindset and determination, transformative change is possible.
Business •
15 Nov '24
The Ministry of Energy says opening up new areas will, among others, contribute to the sustainability of oil production. The Ministry of Energy and Mineral Development has opened up three new areas or frontier basins for petroleum activities spanning 17,244 square kilometres across the c
Business •
15 Nov '24
A report by the European Investment Bank indicates that excessive government domestic borrowing has severely impacted the private sector, with many borrowers left with no sources of credit. The report, titled: Finance in Africa, Unlocking Investment in an Era of Digital Transformation an
Business •
15 Nov '24
The Parliament has passed a law mandating the Minister of Finance to prescribe a maximum interest rate that money lenders may charge their borrowers. Not surprisingly, the moneylenders’ association has “rejected” the new law, arguing that the government has no right to control what doe
Business •
15 Nov '24
Uganda's Speaker of Parliament, Anita Among, has issued a rallying cry to fellow leaders in East African Community (EAC) member states to fulfil their obligations to the bloc, stressing that unity is crucial for achieving the long-elusive goal of integration. Speaking at the 18th meeting
Business •
15 Nov '24
At least seven people have been confirmed dead in a road crash that occurred along Jinja-Iganga highway in the wee hours of Thursday morning. The fatal accident occurred in the Kakira sugarcane plantation when a commuter taxi hit a stationary truck loaded with sugarcane. According
Business •
13 Nov '24
Donald Trump is expected to take a slew of executive actions on his first day as president to ramp up immigration enforcement and roll back signature Biden legal entry programs, a sweeping effort that will be led by incoming "border czar" Tom Homan and other Republican immigration hardliners
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
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