The Parliament has passed a law mandating the Minister of Finance to prescribe a maximum interest rate that money lenders may charge their borrowers. Not surprisingly, the moneylenders’ association has “rejected” the new law, arguing that the government has no right to control what doe
The transition of FM radio in Uganda in the early 90s was met with many opportunities. Musician Ragga Dee real name Daniel Kazibwe mentions that this is when the Deejay job started to gain respect locally. He notes that music radio hosts progressively imported freestyling from dance club
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.
Imagine youâre running an asset financing business in Europe and think, âWhy not give East Africa a shot?â So you do the research, find the market, and discover real potential. Thatâs how Mogo Uganda, an asset-financing tech company, landed in Kampala. The
Police in Bushenyi District in Western Uganda are investigating a second dormitory fire that broke out at Nyakabanga Senior Secondary School in Kyabugimbi Sub County five days after the first incident. The 5:30am Sunday fire broke out while students were attending morning preps. One student
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
A section of journalists accredited to cover Parliament were denied access to the premises while those who were allowed access were locked up in the basement of the building. On Wednesday, chaotic scenes similar to those that played out at Parliament before the commencement of the debate
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
Most rural women in Uganda are engaged in agricultural activities, contributing 88 percent of agricultural labour force, an activity that contributes to 76 percent of Uganda's economy. Women's traditional roles in agriculture are still influenced by their reproductive roles therefore, ta
