Business •
06 May '25
Absa Bank Uganda today unveiled two new digital innovations, digi loans and online account opening, aimed at meeting the growing demand for fast, convenient, and paperless banking.The digi loan allows eligible customers to instantly borrow between shs20,000 and shs 2 million with
Business •
01 May '25
The Ugandan government has raised fresh concerns over the financial sustainability of Public Sector Organizations (PSOs), signaling a possible move to de-gazette several of them and lay off tens of thousands of employees.According to government insiders, this dr
Business •
30 Apr '25
As we continue headlong into the regurgitating inanity that is Uganda’s rollercoaster elections, the gross contradictions that embody our governance and politics continue unencumbered.Dear reader, let us review a few instances that should have us questi
Business •
28 Apr '25
Tanzania East Africa Gateway Terminal Limited (TEAGTL), the private operator of Terminal 2 has successfully implemented the Fixed Berthing Windows (FBW) concept at the Dar es Salaam Port.This operational reform is being hailed as a transformational step in the modernization of Tanzania’s
Business •
26 Apr '25
The head of the State House Investors Protection Unit (SHIPU), Col. Edith Nakalema has tasked the National Building Review Board (NBRB) to make good use of their Building Industry Management System (BIMS) to overcome unnecessary bureaucracy and eliminate wrong elements from the construction secto
Business •
24 Apr '25
Tesla boss Elon Musk has pledged to "significantly" cut back his role in the US government after the electric car firm reported a huge drop in profit and sales for the start of this year.Musk has led the newly created advisory body - the Department for Government Efficiency (Doge) - since
Business •
24 Apr '25
President Museveni has called for judicial reforms and ordered a thorough investigation into a controversial land eviction in Kiboga District, which he described as a form of injustice.The president made the appeal during the swearing in ceremony of the recently appointed Deputy Chief
Business •
23 Apr '25
Economic gains from artificial intelligence will boost global output by around 0.5% a year between 2025 and 2030, outweighing the costs of rising carbon emissions by the data centres needed to run AI models, the International Monetary Fund said on Tuesday.An IMF report released at its annual spr
Business •
22 Apr '25
The National Social Security Fund (NSSF) has posted record-breaking operational efficiency, outshining regional peers and challenging stereotypes about Ugandan managerial competence.Speaking during the Eastern Regional Employer Engagement in Mbale, NSSF Executive Director Patrick Ayota ann
Business •
08 Apr '25
Senator Dave McCormick spoke to Brian Kilmeade about how President Trump and Elon Musk are doing the public good with DOGE. Plus, McCormick on his new book "Who Believed in You: How Purposeful Mentorship Changes the World"The Department of Government Efficiency (DOGE) announced $51 million in cu