Business •
10 Jan '25
A Shs 30bn UPDF drone crashed in the eastern Republic of Congo (DRC) in late 2024 during a secret reconnaissance operation, a United Nations report has revealed. The incident, which occurred on the evening of
Business •
04 Jan '25
Rwanda-backed M23 rebels on Friday moved closer to a key town in eastern Democratic Republic of Congo (DRC), capturing a nearby area, sources told AFP.The March 23 Movement (M23), a militia supported by neighborin
Business •
11 Nov '24
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.
Business •
08 Nov '24
The National Environment Management Authority (NEMA) has said it closed a private cattle farm in uptown Kololo, following neighbours' complaints about a pungent smell from piles of animal wastes and noise pollution in Kampala. NEMA insists that the zero-grazing farm, which started in 201
Business •
21 Oct '24
A 45-year-old soldier from the elite Special Forces Command (SFC) is said to be on the run after allegedly shooting dead three civilians and critically injuring three others in Agago District, northern Uganda. Number RA/249451 Pte Bony Ameny, a resident of Ocini Tetulu village, Kamdini
Business •
12 Oct '24
The Uganda Railway Corporation (URC) has relaunched its passenger train services on the Kampala-Namanve route, which had been previously halted due to safety concerns. As of October 9, the train will now extend its services beyond Namanve to Mukono, reducing tra
Business •
12 Oct '24
In the early stages, Uganda's soils were considered fertile and little was done to improve productivity in a systematic way. However it was soon realised that crop yields in Uganda declined under continuous cultivation due to soil degradation like anywhere else. This is the thinking
Business •
11 Oct '24
Cnooc Uganda Ltd has revealed that the development of the Kingfisher Field Development Area (KFDA) is in the advanced stage, ahead of the first commercial oil production in the last quarter of 2025. The KDFA, expected to have a maximum production of 40,000 barrels of oil per day for five
Business •
04 Oct '24
Bank of Uganda (BoU) has said high staff turnover in some supervised financial institutions remained a key challenge in the year ended June 2024. The details, which are contained in the Bank of Uganda 2024 Annual Report, indicate that high staff turnover, which has remained unique to som
Business •
01 Oct '24
Few statements are as loosely used as ânew era or a new dawnâ. We are such a positive society that we celebrate almost every change. Our hope is never diminished by failure or history. The future is bright, so goes the motto of many schools. Across many spheres of our socie