City businessman and billionaire, Hassan Basajjabalaba could lose a significant part of his Kampala International University over UGX 57 billion loan dispute after the High Court in Kampala ruled in favor of Housing Finance Company Limited in a high-stakes financial dispute.The ruling, whi
Spiro , one of Africa's largest EV players working with partners like Gnugrid CRB and Airtel Money have introduced the country's first AI electric motorcycle market.Under this new initiative, anybody connected to Airtel will be in position to initiate the whole process of obtaining a new m
Uganda has officially joined the Fund for Export-Development in Africa (Feda),marking a significant step in the country’s economic transformation and its commitment to industrialization and value-added export development across Africa.The signing of Feda's Establishment Agreement took pl
As Uganda prepares to mark International Women’s Day 2025, activists led by Femme Forte Uganda have raised alarm over the persistent menstrual hygiene crisis affecting millions of girls.They warn that inadequate access to sanitary products and clean water continues to hinder girls’ edu
The National Resistance Movement (NRM) Director for Mobilisation, Cadre Identification, Recruitment and Placement, Rosemary Seninde has urged parents and youth in Kampala toexpress gratitude to President Yoweri Kaguta Museveni for his initiative aimed at equipping ghetto youth with pr
Metaplanet, a Japanese public company, has recently decided to boost its Bitcoin holdings as part of its strategy to manage economic challenges. The company raised 4 billion yen (around $26.39 million) by issuing ordinary bonds to EVO Fund, a debt and financing
A massive scandal involving a Shs 1 trillion project has rocked the National Information Technology Authority of Uganda (NITA-U) as the World Bank uncovers significant corruption and mismanagement. The Uganda Digital Acceleration Project (UDAP), worth USD 200 million (about Shs 1 trillion), has b
In a voluminous report stretching 242 pages, a committee of eminent educationists and senior citizens (put together by Minister Janet Museveni) has recommended disbandment and alteration of the Education Ministry the way we know it today.
In a voluminous report stretching 242 pages, a committee of eminent educationists and senior citizens (put together by Minister Janet Museveni) has recommended disbandment and alteration of the Education Ministry the way we know it today.
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
