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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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Local contractors say bid qualifications requirements are unnecessarily high

Local contractors say bid qualifications requirements are unnecessarily high

At a glance, The Big We is a book that appears to spread the Ugafuturist-vision. But then you read the subtitle: “A Blueprint for Sustainable Growth of The Local Construction Industry in Uganda.” The author later clarifies that the BIG WE is an acronym for ‘Business Development, In

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World investor week: Reflecting on financial fitness and future planning

World investor week: Reflecting on financial fitness and future planning

The World Investor Week 2024 is an annual week that allows us to reflect on the past year's investments, assess our progress toward future goals, and fine-tune retirement plans. The journey to financial security is not easy and often requires lifestyle adjustments, such as swapping luxu

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Will Opposition politicise coffee during 2026 polls?

Will Opposition politicise coffee during 2026 polls?

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

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Uganda’s Tea Prices Reach $1.02 at Mombasa Auction

Uganda’s Tea Prices Reach $1.02 at Mombasa Auction

Uganda’s tea prices at the Mombasa Tea Auction have been holding steady for the past seven weeks, with the latest sale, Number 45, ending on November 5, 2024, at an average price of $1.02 per kilogram (around sh3,760). This price mirrors that of the past two weeks, indicating stability in the mark

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Govt to finally implement local insurance for importers

Govt to finally implement local insurance for importers

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

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Uganda inks Shs500b deal to construct major 97km road

Uganda inks Shs500b deal to construct major 97km road

Government and Citibank Uganda have signed a multibillion ten-year financing agreement for construction of the 97km Lusalira-Nkonge-Lumegere-Ssembabule Road, which is scheduled to start before the end of 2025. The financing agreement signed on Friday is for the project expected to cost S

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Who is Baltasar Engonga, the Equatorial Guinea Official Behind 400 Leaked Sextapes?

Who is Baltasar Engonga, the Equatorial Guinea Official Behind 400 Leaked Sextapes?

The Director General of the National Financial Investigation Agency (ANIF) in Equatorial Guinea, Baltasar Engonga, has been arrested for allegedly recording over 400 sextapes involving the wives of prominent individuals in the country. The scandal came to light during a fraud investigation ag

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Who is elegible for Grow loans?

Who is elegible for Grow loans?

In August, women from as far as Jinja and Mityana districts, gathered at Hotel Africana for a knowledge-sharing day-long seminar for the Generating Growth Opportunities and Productivity for Women Enterprises (GROW) grant.Vice President Jessica Alupo subsequently launched the project from the

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Medical emergencies in football: A call for reform in safety awareness

Medical emergencies in football: A call for reform in safety awareness

The Uganda football fraternity is mourning the death of assistant referee Peter Kabugo who collapsed around the 72nd minute of the Uganda Premier League game between SC Villa and UPDF at Muteesa II Stadium, Wakuluku.  Sorrow, shock, and sadness struck the football devotees upon receipt

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