President Yoweri Kaguta Museveni has continued to offer financial support to roadside market vendors, with an aim of improving their household incomes.For the last three (3) years, the President through a team of officials from State House has been traversing roadside markets along major H
The United Boda Boda Cooperative Union has unveiled a comprehensive program aimed at enhancing the welfare of its members.This initiative introduces asset financing options, enabling riders to acquire motorcycles and land, thereby fostering economic empowerment and financial independence w
In a bid to address the low insurance penetration and rising out-of-pocket healthcare expenses in Uganda, Opportunity Bank Uganda has partnered with micro insurance provider Turaco to launch ‘Opportunity Sanyu, a micro medical cover product designed to cushion Ugandan families against medical a
Aylo, the company which runs a number of pornographic websites, including Pornhub, is to stop operating in France from Wednesday.It is in reaction to a French law requiring porn sites to take extra steps to verify their users' ages.An Aylo spokesperson said the law was a privacy ris
The Standard Gauge Railway (SGR) project took a significant step forward as Turkish contractor M/S Yapi Merkezi Insaat Ve Sanayi A.S was formally introduced to the leadership and stakeholders of Tororo District.The event, held at the Tororo District Council Hall, also unveiled the project
L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the Quarter One 2025 Investor Briefing event.The lender
Uganda’s construction sector recorded a mild rise in inflation, with the annual rate edging up to 0.6% in the 12 months ending April 2025, up from 0.5% in March, according to the latest Construction Input Price Index (CIPI) released by the Uganda Bureau of Statistics (UBOS).The increase,
The Government of Uganda, with support from international partners, has unveiled $50.4 million(Shs 191.5 billion) initiative aimed at improving rural livelihoods and accelerating economic transformation across 17 districts under the Local Economic Growth Support (LEGS) Project.Implemented
Ugandan electricity distributor Umeme Limited has announced its intention to pursue international arbitration to recover a disputed sum of Shs.1.062tn from the Government of Uganda. The move follows unsuccessful negotiations regarding the final buyout amount after the conclusion of Umeme's conces
The government, with support from international financiers, is pressing ahead with a $50.4 million (about Shs182 billion) initiative aimed at transforming rural economies through water access, market infrastructure, and affordable microfinance.Known as the Local Economic Growth Support (LE
