Business •
06 May '25
Absa Bank Uganda today unveiled two new digital innovations, digi loans and online account opening, aimed at meeting the growing demand for fast, convenient, and paperless banking.The digi loan allows eligible customers to instantly borrow between shs20,000 and shs 2 million with
Business •
06 May '25
The Uganda Revenue Authority (URA) has destroyed more than 100 tons of goods found without Digital Tax Stamps (DTS), intensifying its crackdown on tax evasion and substandard products in the market.The destruction took place on April 30, 2025, at Luweero Industries Ltd in Nakasongola Distr
Business •
06 May '25
Diamond Trust Bank Uganda (DTB) has reaffirmed its dedication to improving public health across Uganda, partnering with the Kabaka Foundation and Aga Khan University Hospital to provide essential healthcare services to underserved communities in Buganda.The latest collaborative effort took
Business •
06 May '25
Private sector operating conditions during April remained encouraging as the headline Stanbic Purchasing Managers’ Index (Stanbic PMI) rose to 55.3, up from the 52.9 recorded for March.Readings above 50.0 signal an improvement in business conditions on the previous month, while readings
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06 May '25
Airtel Africa announced an agreement with SpaceX to bring Starlink’s high-speed internet services to its customers in African countries, including Uganda.Currently, SpaceX has acquired requisite licenses in 9 out of 14 countries within Airtel Africa’s footprint. Operating licenses
Business •
06 May '25
Eddie Mutwe, the long-time bodyguard of opposition leader Robert Kyagulanyi, was formally charged with robbery on Monday in a highly tense court appearance marked by disturbing allegations of torture and procedural irregularities.Appearing before Grade One Magistrate Abdal
Business •
06 May '25
The Minister of Works and Transport, General Edward Katumba Wamala, has defended the state of road infrastructure following a spike in road crashes, including the fatal weekend accident that claimed the life of businessman and rally driver Rajiv Ruparelia.In a statement released Monday, Ma
Business •
06 May '25
Justice and Constitutional Affairs Minister Norbert Mao has issued a sharp condemnation of the alleged torture of Edward Ssebuufu, popularly known as Eddie Mutwe, and criticised the judiciary for continuing to try suspects who appear to have suffered abuse in custody.Mutwe
Business •
06 May '25
BBC | France's former interior minister has apologised for the first time for the 2022 fiasco at the stade de France which saw Liverpool football supporters wrongly blamed for a riot.Gérald Darmanin admitted that security arrangements for the Champions League final b
Business •
06 May '25
No one does a pregnancy announcement quite like Rihanna.Just as the Met Gala 2025 red carpet was kicking off, the Grammy-winner, 37, was spotted in New