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
KAMPALA — The Uganda Communications Commission has trained 1,800 boda boda riders in an ambitious drive to transform the country’s informal transport sector into a digitally integrated workforce. Through its Beera Ku Digital initiative, the commission is executing a structural intervention de
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
With oil production expected to start soon, Dr Julius Kipng’etich projected even stronger growth over the next two to three decades, potentially transforming Uganda into one of the continent’s largest economies.Insurers in Uganda and across the East African region have been called to
KAMPALA | The High Court’s Family Division has appointed the Administrator General to temporarily manage the estate of the late businessman James Garuga Musinguzi, valued at more than Shs 1 trillion, after ruling that warring family members are incapable of jointly administering the vast fortun
The Academic Registrar, Prof Mukadasi BuyinzaStudents hoping to join Makerere University for bachelor's degrees and diploma studies effective this year will face stiffer competition after the institution announced a gradual reduction in undergraduate admissions. This is part of a lo
European Entrepreneur Vasundhara OswalKAMPALA – Entrepreneur Vasundhara Oswal has petitioned the High Court of Uganda, accusing senior Ugandan officials of grave constitutional and human rights violations stemming from her arrest and detention in October 2024.The 27-year-old Europ
KAMPALA: The European Parliament on Thursday adopted a strongly worded resolution condemning Uganda’s post-election environment, calling for the immediate release of opposition figures, an end to internet restrictions, and a review of the European Union’s cooperation with Kampala.In a
AT least 21 people have tragically drowned after a boat capsized in the Nile as rescuers frantically work to find the remaining passengers.The passenger ferry was carrying 30 people when it overturned in the Tayba-Al-Khawad area of Sudan on Wednesday.The ship on Nile River, Khartoum
Government of Uganda and Standard Chartered Bank Uganda have signed financing agreements worth EUR 641.1 million (Shs 2.747 trillion) to fund three major infrastructure projects aimed at supporting the country’s Ten-Fold Growth Strategy and expanding the economy to USD 500 billion by 2040.
