Business •
11 Nov '24
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.
Business •
11 Nov '24
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
Business •
05 Nov '24
Uganda security agencies will be watching closely to know whether they will have to deal with Donald Trump, the candidate for the Republican Party, or Kamala Harris of the Democratic Party, for the next four years. Americans cast their votes today to choose the next president for four ye
Business •
05 Nov '24
A section of anti-corruption and governance experts yesterday said America’s support towards Uganda’s fight against corruption is likely to be relaxed should Republican Party candidate Donald Trump win the presidential polls, which end today. L-R: Ugandan president Yoweri Museveni's
Business •
31 Oct '24
The appointment of military serving officers into civilian roles has been challenged before the Constitutional Court in Kampala. The petitioners led by the Makerere University law don, Prof Christopher Mbazira, in their petition filed on October 24, contend that the practice contravenes
Business •
29 Oct '24
It is midday and Gaudensia Tankobatagira is sitting quietly on a stool beneath the shade of an avocado tree at her home in Kabigyemire Village, Busiriba Sub-county in Kamwenge District. Surrounded by her grandsons, the 63-year-old woman patiently shells beans. Dressed in a simple gown, p
Business •
21 Oct '24
Tension is building up in Kayunga District following last Friday’s clash between the Banyala ethnic group and Mengo loyalists after the former seized a building belonging to the latter. There is heavy deployment at the facility to quell any likely chaos. A section of the Banyala ca
Business •
21 Oct '24
Rumours of ill-health have engulfed two African presidents in recent weeks, sparking contrasting responses and exposing how the wellbeing of leaders is often treated as a state secret. It started with Cameroon's President Paul Biya, 91, whose ministers denied that he was sick, insisting
Business •
21 Oct '24
President Museveni commended King Omusinga Charles Wesley Mumbere of the Rwenzururu Kingdom for his efforts in promoting peace since his return from nearly seven years of incarceration following his arrest in November 2016. His arrest occurred after a UPDF raid on his royal palace in Kas
Business •
16 Oct '24
Uganda Revenue Authority (URA) has rolled out new income tax compliance measures that will require businesses with an annual turnover of Shs500m and above to submit audited financial statements, together with their tax returns. The submitted documents, according to URA guidelines, will h