UDB Managing Director Patricia Ojangole addresses stakeholdersKAMPALA — The Uganda Development Bank has secured a 40 million euro credit line, approximately 169 billion shillings, from the French Development Agency to expand financing for enterprises across the country.The facilit
It's the dream, isn't it, to grow rich while running some s***hole Middle East country into the ground, before fleeing with your billions and retiring to some well-appointed quarters in Moscow's most exclusive neighborhood?Hey, don't knock it — it worked just fine for Bashar Assad. And w
@IGGUganda has arrested six senior officials from Kabale District Local Government together with a contractor over alleged embezzlement of public funds. This bold action shows the institution’s growing determination to fight corruption and protect public resources meant to serve citizens.
Ramathan Ggoobi, the permanent secretary to the ministry of finance and secretary to the treasury -PSSTRamathan Ggoobi, the permanent secretary to the ministry of finance and secretary to the treasury (PHOTO /Courtesy)The Ministry of Finance, Planning and Economic Development has re
Ramathan Ggoobi, the permanent secretary to the ministry of finance and secretary to the treasury -PSSTRamathan Ggoobi, the permanent secretary to the ministry of finance and secretary to the treasury (PHOTO /Courtesy)The Ministry of Finance, Planning and Economic Development has re
Americans woke up Saturday to something big. The United States and Israel launched a massive joint offensive against Iran’s regime, known as Operation Epic Fury. According to reports, targets included Iran’s supreme leader and president. Major combat operations are now underway, and the impli
Debris of intercepted Iranian missile in UAE.Several Middle Eastern countries hosting United States military bases have strongly condemned Iran’s retaliatory missile strikes, describing them as blatant violations of their sovereignty and international law.Iran launched the strikes
Juliana LumumbaKINSHASA – The Democratic Republic of Congo has nominated businesswoman and former minister Juliana Amato Lumumba as its candidate for Secretary-General of the Organisation Internationale de la Francophonie (OIF), setting up a potential contest with Rwanda’s incumbent Lo
A power sector storm is brewing in Uganda as internal conflicts at the Electricity Regulatory Authority (ERA) intersect with national energy supply challenges, threatening to further destabilize an already fragile economic lifeline.According to insiders, senior staff at ERA allege that Chi
The Namanve Industrial Park is now the largest in Africa and the hope of all Investors and people of Uganda was that it would become a World Class Facility.Unfortunately, reality check tells us that this dream must be thrown out of the window as so many issues, primarily due to its design,
