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UDB secures 40 million euros to expand financing for women and youth-led ventures

UDB secures 40 million euros to expand financing for women and youth-led ventures

UDB Managing Director Patricia Ojangole addresses stakeholdersKAMPALA — The Uganda Development Bank has secured a 40 million euro credit line, approximately 169 billion shillings, from the French Development Agency to expand financing for enterprises across the country.The facilit

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IRAN: Where Did All the Dead Leaders' Money Go, and Who Gets It?

IRAN: Where Did All the Dead Leaders' Money Go, and Who Gets It?

It's the dream, isn't it, to grow rich while running some s***hole Middle East country into the ground, before fleeing with your billions and retiring to some well-appointed quarters in Moscow's most exclusive neighborhood?Hey, don't knock it — it worked just fine for Bashar Assad. And w

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Uganda government releases new salary structure

Uganda government releases new salary structure

Ramathan Ggoobi, the permanent secretary to the ministry of finance and secretary to the treasury -PSSTRamathan Ggoobi, the permanent secretary to the ministry of finance and secretary to the treasury (PHOTO /Courtesy)The Ministry of Finance, Planning and Economic Development has re

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Uganda government releases new salary structure

Uganda government releases new salary structure

Ramathan Ggoobi, the permanent secretary to the ministry of finance and secretary to the treasury -PSSTRamathan Ggoobi, the permanent secretary to the ministry of finance and secretary to the treasury (PHOTO /Courtesy)The Ministry of Finance, Planning and Economic Development has re

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Odonga Otto Accuses Sekandi of Bagging 200m Per Month Even When He Isn’t Anything Useful

Odonga Otto Accuses Sekandi of Bagging 200m Per Month Even When He Isn’t Anything Useful

Speaking on Next Radio on Saturday, February 28, Hon. Samuel Odonga Otto, the former Aruu County MP, revealed that former Vice President Edward Ssekandi continues to earn over UGX 150 million every month in pensions and benefits despite being out of public office.Otto said Ssekandi benefit

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Kasuku Allegedly Bags UGX 50 Million From Sevo

Kasuku Allegedly Bags UGX 50 Million From Sevo

Gossip commentator Kasuku, real name Isaac Katende, was the lead moderator of the Jazz with Jajja conversation held over the weekend at Kisozi Farm.Kasuku, alongside several YouTubers and TikTokers, engaged President Yoweri Museveni in a discussion on various national issues following his

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What the Kenya Pipeline deal means for Uganda

What the Kenya Pipeline deal means for Uganda

Energy and Mineral Development Minister, Ruth Nankabirwa sign deal with Kenya to participate in the upcoming Initial Public Offering (IPO) of the Kenya Pipeline Company (KPC)Kampala, Uganda | THE INDEPENDENT | New details have emerged about Uganda’s participation in the Kenya Pipeline Co

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Café Javas ordered to pay a customer Shs2 million for sending unsolicited marketing SMS

Café Javas ordered to pay a customer Shs2 million for sending unsolicited marketing SMS

Kenya’s data protection regulator has ordered Café Javas to pay compensation to a customer who received marketing messages without giving permission.The decision was made by the Office of the Data Protection Commissioner after a complaint from Steve Onwonga Omwenga. He said the restaura

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FLASHBACK: When Museveni Cursed Besigye For Attacking Visiting Heads of State for His Kololo 2011 Swearing-In Ceremony

FLASHBACK: When Museveni Cursed Besigye For Attacking Visiting Heads of State for His Kololo 2011 Swearing-In Ceremony

It was a tense May evening in 2011 at State House Entebbe. Just days after his grand swearing-in ceremony at Kololo, Uganda’s long-serving leader, Yoweri Kaguta Museveni, sat down for his first major interview. The gardens were glowing under floodlights, but politically, the atmosphere was anyt

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Spiro secures $50 million to expand electric bike network in Uganda

Spiro secures $50 million to expand electric bike network in Uganda

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

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