Uganda's government has announced a significant shift in its energy sector with the takeover of electricity distribution and sales, a move expected to lower electricity costs. The Uganda Electricity Distribution Company Ltd (UEDCL) has received licenses from the
For the past five months or so, Uganda Revenue Authority (URA) has been at loggerheads with Uganda’s biggest telecommunications company, MTN.This follows an audit carried out by SafariTech - a Kenyan company tha
The Uganda Investment Authority (UIA), under the leadership of Robert Mukiza, in collaboration with Louis Arinaitwe, the Country Director for Trade at the British High Commission (BHC), has become embroiled in a significant scandal.
The Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) is implementing a 6-year project aimed at mitigating the effects of climate change on Uganda’s agricultural sector.Titled the Uganda Climate Sma
(Kampala) â Ugandaâs prisons are operating at 363.6% of their intended capacity, with 76,244 inmates occupying facilities built to hold only 20,996, according to the 2023/24 Justice Law and Order (JLOS) report released at the Commonwealth Resort in Munyonyo.Commissioner General of Pris
The Inzu Ya Masaba spokesperson, Mr. Steven Masiga, has confirmed to this publication that His Royal Highness the Umukuka of the Bamasaba people is on an official working visit to Southern African countries, including Swaziland, Malawi, South Africa, and Lesotho.Mr. Masiga further briefed the pr
A report by the European Investment Bank indicates that excessive government domestic borrowing has severely impacted the private sector, with many borrowers left with no sources of credit. The report, titled: Finance in Africa, Unlocking Investment in an Era of Digital Transformation an
As it became clear that Donald Trump had landed the US presidency for the second time, leaders from across Africa began tweeti
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
