KAMPALA — Spiro, an electric mobility company with operations in Uganda, has secured $50 million in debt funding to expand its battery-swapping infrastructure and electric vehicle fleet across Africa.The funding round, announced Tuesday, included participation from Afreximbank and two ne
dfcu Bank has opened a new branch in Namanve Industrial Park, positioning itself at the heart of one of Uganda’s fastest-growing manufacturing hubs, as government renewed calls for commercial lenders to cut borrowing costs for industry.Speaking at the launch, David Bahati welcomed the ex
Kampala | Uganda — An open letter addressed to the President has raised serious concerns about alleged misconduct and internal conflict involving two senior directors at the Kampala Capital City Authority (KCCA).The letter, written by a self-described “concerned city citizen” from Ka
AKAMPA TanbullWell, following closely the things, engagements he holds and the deliberate words H:E Yoweri Kaguta Museveni Tibuhaburwa says or writes, you truly realize that he is indeed not only a Charismatic leader but a patriot, a real statesman and a Pan African.In these past tw
If we become permanent members of BRICS, the most obvious benefit shall be economic. Our economy relies heavily on agriculture, raw materials, and a growing services sector. We need big markets like those of China and India for our agricultural produce.Uganda has a young population, with a
The Bank of Uganda recently kept the Central Bank Rate (CBR) unchanged at 9.75 per cent, signalling its confidence in the price stability experienced in the economy today.The Monetary Policy Committee (MPC) assessed that the current policy stance remains appropriate to support economic act
Museveni with General Mohamed Hamdan DagaloPresident Yoweri Kaguta Museveni welcomed General Mohamed Hamdan Dagalo, commander of Sudan’s Rapid Support Forces (RSF), to State House Entebbe amid intensifying calls for an end to Sudan’s protracted civil war. The Friday meeting centered on
Rotary International President Francesco Arezzo, accompanied by his wife Anna Maria, is on a three-day visit focused on service projects and fellowship engagements. Right is Governor Geoffrey Kitakule of Rotary District 9213 and Health Minister, Ruth Acen.Kampala-Rotary District 9213 has l
Government has commissioned Shs3.8Bn community access roads in Nakaseke under the LEGS project, boosting dairy farming, trade and local revenue growth.Ministry of Local Government Permanent Secretary Ben Kumumanya cuts the ribbon to commission the Gayaza–Kalungu–Mityomere Road in Nakas
A scathing report from Uganda’s auditor general has uncovered deep financial and operational dysfunction at the National Drug Authority. From idle billions in unclaimed deposits to vacant floors in its headquarters, the agency faces growing questions about its ability to regulate the nation’s
