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.
The Ministry of Internal Affairs has warned Non-Governmental Organizations (NGOs) to desist from taking up foreign donor funds with stringent conditions ahead of the 2026 general elections. According to the ministry, several NGOs ceased operations in Uganda after the heated 2021 election
U.S. President-elect Donald Trump spoke with Russian President Vladimir Putin and advised him not to escalate the Ukraine war, a source familiar with the conversation told Reuters on Sunday, as President Joe Biden plans to urge Trump not to abandon Kyiv. Trump and Putin spoke in recent d
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
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
The Uganda Hotel Owners’ Association (UHOA) has appealed for more funding and apprenticeship programmes to develop the country’s capacity in the hospitality industry. The call was made by the Chairlady of UHOA, Ms Susan Muhwezi, in a speech read for her by UHOA Executive Director, Ms
Imagine Bebe Cool in the blue corner, his Silent Majority shouting Big Size, with Kasepiki, Bogolako blaring through the roof of Lugogo Indoor Arena. And in the red corner, Bobi Wine, his army donning red tops and t-shirts with slogans taunting anyone suspected of disrespecting the Princi
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
The identities of the men and women in civilian clothes who raided Parliament chamber and grabbed some MPs after lights were switched off remain contentious. Six MPs were seized, pushed, and carried off from the floor of Parliament soon after Speaker Annet Among suspended 12 legislators
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
