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.
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
President Museveni’s televised address to the nation Thursday night went to great lengths to drill the final nail in the coffin of the Uganda Coffee Development Authority (UCDA). Formed by an Act of Parliament 1991 that was amended three years later, UCDA stepped into the shoes of th
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
As competition intensifies and the demand for certifications and accreditations in the oil and gas sector grows, it has become essential for both companies and their workforce to obtain these credentials. Certification not only builds industry trust but also enables organisations to compete
I drink milk every day to ease my ulcer pain, and it seems to relieve my stomach discomfort. Does milk actually help cure or prevent ulcers, as many Ugandans believe? Saul Dear Saul, Peptic ulcer disease refers to painful sores in the lining of the stomach or the first part of the sm
The West Nile Education Trust Fund has launched a fundraising driving to raise Shs.1 billion for a scholarship fund for training science teachers and sponsor needy students. Speaking at the launch of the drive on Saturday, Dr Charles Draecabo the chairman of the West Nile Education Trust
Back in the 1990s, Uganda adopted several reforms. One of them was creation of semi-autonomous agencies. The architects of these (largely donor-driven) reforms promised enhanced efficiency and State capacity to deliver services by sidestepping bureaucracy in the mainstream ministries. Th
Uganda's coffee industry faces a pivotal moment as Parliament deliberates on the National Coffee (Amendment) Bill 2024, which proposes to dissolve the Uganda Coffee Development Authority (UCDA) and integrate its functions into the Ministry of Agriculture. The move, part of the govern
Bank of Uganda has said in its monetary policy report of October 2024, which it released on Monday that in the three months to September 2024, the shilling appreciated by 1.9 percent, which indicates that Uganda’s domestic financial market has continued to remain stable. The appreciati
