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
Uganda People’s Congress (UPC) president Mr Jimmy Akena has said the party’s doors are wide open to receive new members from other political parties who want more political exposure and better political career. Mr Akena was on Saturday speaking at Kibugu trading center in Muramba Su
KAMPALA , Uganda – Hunger among Uganda’s university students has become an urgent crisis, revealing the severe financial challenges facing young people in higher education. Uganda’s universities are currently grappling with a widespread hunger issue among students, with reports indicati
In August, women from as far as Jinja and Mityana districts, gathered at Hotel Africana for a knowledge-sharing day-long seminar for the Generating Growth Opportunities and Productivity for Women Enterprises (GROW) grant.Vice President Jessica Alupo subsequently launched the project from the
Samuel Wakinya, 59, a primary school teacher, embarked on growing Arabica coffee on a large scale in 2004 and has never looked back. Mr Wakinya, a resident of Bushika sub-county in Bududa District, earned Shs60 million from his 10-acre plantation last season. “For us in Bugisu, cof
The growth of small and medium enterprises (SMEs) in Uganda has reached an all-time high, with an estimated 1.1 million SMEs operating across various sectors, according to a World Bank report. Despite this growth, one-third of Ugandan SMEs, especially small businesses, fail to survive their
At least 15,000 Muslim women in Busoga Sub-region under their respective Saccos are set to benefit from a Shs2 billion donation from President Museveni. The national chairperson Uganda Muslim Women Council (UMWC), an affiliation of Uganda Muslim Supreme Council (UMSC), Ms Sophie Safina K
The Ugandan government has presented a set of demands to the international community, including funding agencies, in response to the increasing burden of hosting refugees. Uganda currently hosts around 1.7 million refugees, straining the country’s resources as donor funding declines.
A sick soldier of the Special Forces Command (SFC) has been stuck in Germany for the last 11 years after he was flown there for specialised treatment. Sgt George Bende reportedly got involved in an accident while heading for a function by First Lady Janet Museveni in Kazo District in 199
