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Uganda Urged to Cut Remittance Costs to Spur Diaspora Investment

Uganda Urged to Cut Remittance Costs to Spur Diaspora Investment

Uganda has been urged to reduce the high cost of sending money from abroad, with officials and development experts warning that current transfer fees are discouraging remittances and stifling diaspora-led investment.The call was made during the commemoration of the Interna

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Eid Al Adha: MP Yeri Ofwono Slaughters 100 Cows, 1000 Goats for Needy Muslims in Tororo

Eid Al Adha: MP Yeri Ofwono Slaughters 100 Cows, 1000 Goats for Needy Muslims in Tororo

In a gesture of compassion and community service, Tororo Municipality Member of Parliament, Apollo Yeri Ofwono, has spearheaded the slaughtering of over 100 heads of cattle and more than 1,000 goats and sheep to benefit the Muslim community during the Eid al-Adha season.The initiative

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Boda Boda Union Launches Asset Financing and Diversification Initiatives

Boda Boda Union Launches Asset Financing and Diversification Initiatives

The United Boda Boda Cooperative Union has unveiled a comprehensive program aimed at enhancing the welfare of its members.This initiative introduces asset financing options, enabling riders to acquire motorcycles and land, thereby fostering economic empowerment and financial independence w

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Opportunity Bank, Turaco Launch ‘Opportunity Sanyu’ Micro Medical Cover to Boost Health Access

Opportunity Bank, Turaco Launch ‘Opportunity Sanyu’ Micro Medical Cover to Boost Health Access

In a bid to address the low insurance penetration and rising out-of-pocket healthcare expenses in Uganda, Opportunity Bank Uganda has partnered with micro insurance provider Turaco to launch ‘Opportunity Sanyu, a micro medical cover product designed to cushion Ugandan families against medical a

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DRC Conflict: Uganda’s Role in the Search for Regional Stability

DRC Conflict: Uganda’s Role in the Search for Regional Stability

Security experts, analysts, and civil society leaders have convened in Kampala to dissect the persistent conflict in the Democratic Republic of Congo (DRC) and its growing implications on regional peace and development.The high-level dialogue, organised by the Advocates Coalition for Devel

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Musk turns on Republicans - and gives Trump's big bill a harder path

Musk turns on Republicans - and gives Trump's big bill a harder path

For 130 days, tech billionaire Elon Musk was a "special government employee" working inside the Trump administration to slash what he said were wasteful government programmes and bloated departments.Now, after his exit last week, he is back on the outside. And it is the Tr

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Equity Group posts Shs 433.2bn profit

Equity Group posts Shs 433.2bn profit

L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the Quarter One 2025 Investor Briefing event.The lender

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Govt Launches Million LEGS Project to Transform Rural Livelihoods

Govt Launches Million LEGS Project to Transform Rural Livelihoods

The Government of Uganda, with support from international partners, has unveiled $50.4 million(Shs 191.5 billion) initiative aimed at improving rural livelihoods and accelerating economic transformation across 17 districts under the Local Economic Growth Support (LEGS) Project.Implemented

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Govt, Islamic Development Bank Invest Shs180bn to Boost Rural Livelihoods

Govt, Islamic Development Bank Invest Shs180bn to Boost Rural Livelihoods

The government, with support from international financiers, is pressing ahead with a $50.4 million (about Shs182 billion) initiative aimed at transforming rural economies through water access, market infrastructure, and affordable microfinance.Known as the Local Economic Growth Support (LE

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Emachines, Anker partner to provide affordable, reliable gadgets and accessories

Emachines, Anker partner to provide affordable, reliable gadgets and accessories

Global tech giant, Anker Innovations and Emachines Uganda have officially announced a strategic partnership aimed at enhancing the availability of quality consumer electronics in Uganda.The partnership was unveiled on Thursday at the Four Points by Sheraton Hotel in Kampala, marking a new

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