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To cap or not to cap interest rates

To cap or not to cap interest rates

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

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Tycoon Rajni Tailor faces jail over Shs148m rent arrears

Tycoon Rajni Tailor faces jail over Shs148m rent arrears

Rajini Tailor, a renowned businessman and former Buganda Kingdom minister, has been embroiled in a debt dispute with the Muljibhai Madhvani Foundation, resulting in his recent detention at Luzira Prison. The dispute centres on unpaid rent arrears amounting to approximately Shs148 million

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Male breast cancer: Echiku recalls noticing a small, painless lump on his right breast

Male breast cancer: Echiku recalls noticing a small, painless lump on his right breast

Emaritino Echiku, a 75-year-old resident of Soroti District, has been undergoing treatment for breast cancer at the Uganda Cancer Institute (UCI) in Kampala for the past three years. Echiku recalls noticing a small, painless lump on his right breast during adolescence, which he ignored f

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URA, BAT move to tighten noose against contraband boosts DTS

URA, BAT move to tighten noose against contraband boosts DTS

The British American Tobacco team led by Chris Achola, Cluster Head BAT East and Southern Africa met with URA to identify ways on curbing illicit trade in cigarettes in the East African region. During the meeting held at URA headquarters, Nakawa BAT proposed different ways through which

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Reigning Champs Busiki Fall as Semifinal Lineup is Set for the MTN Busoga Masaza Cup Quarterfinals

Reigning Champs Busiki Fall as Semifinal Lineup is Set for the MTN Busoga Masaza Cup Quarterfinals

Friday Quarterfinal Results:•    Bugabula 1-0 Busiki•    Budiope 0-2 BukonoSaturday Quarterfinal Results:•    Kigulu 0-1 Buzaaya•    Bunha 1-3 Butembe Budiope team line upBugabula Stuns Reigning Champions BusikiIn Friday’s headlining match, Bugabula eliminated d

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Donald Trump’s behind-the-scenes ‘ice maiden’ given crucial role in White House

Donald Trump’s behind-the-scenes ‘ice maiden’ given crucial role in White House

EXCLUSIVE: Susie Wiles was called to the podium by Donald Trump during his victory speech, apparently overcoming her considerable reticence in order to do so.Susie Wiles, the woman widely credited with bringing stability to 

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What does Trump’s win mean for Africa?

What does Trump’s win mean for Africa?

 As it became clear that Donald Trump had landed the US presidency for the second time, leaders from across Africa began tweeti

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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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Parents in trouble for not packing school lunch

Parents in trouble for not packing school lunch

The Ministry of Education and Sports has said it will soon start prosecuting parents who do not provide their children with meals at school. Mr John Chrysostom Muyingo, the state minister for Higher Education, warned that such parents are violating the government’s policy on free educa

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