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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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MPs Question Finance Ministry on Delayed Substantive Appointments

MPs Question Finance Ministry on Delayed Substantive Appointments

Legislators on the Public Accounts Committee (Central Government) have put the Ministry of Finance, Planning and Economic Development to task over failure to appoint substantive officials in different administrative positions.In a meeting held on Monday, 23 February 2026, a team from the m

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UCC trains 1,800 boda boda riders to drive Uganda’s digital economy

UCC trains 1,800 boda boda riders to drive Uganda’s digital economy

KAMPALA — The Uganda Communications Commission has trained 1,800 boda boda riders in an ambitious drive to transform the country’s informal transport sector into a digitally integrated workforce. Through its Beera Ku Digital initiative, the commission is executing a structural intervention de

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dfcu Opens Namanve Branch as Bahati Urges Review of Lending Rates

dfcu Opens Namanve Branch as Bahati Urges Review of Lending Rates

dfcu Bank has opened a new branch in Namanve Industrial Park, positioning itself at the heart of one of Uganda’s fastest-growing manufacturing hubs, as government renewed calls for commercial lenders to cut borrowing costs for industry.Speaking at the launch, David Bahati welcomed the ex

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Open Letter to President Alleges Misconduct, Infighting Among Senior KCCA Directors

Open Letter to President Alleges Misconduct, Infighting Among Senior KCCA Directors

Kampala | Uganda — An open letter addressed to the President has raised serious concerns about alleged misconduct and internal conflict involving two senior directors at the Kampala Capital City Authority (KCCA).The letter, written by a self-described “concerned city citizen” from Ka

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Muhoozi Kainerugaba Endorses Adonia Ayebare for State Minister Role, Mentions Possible Positions for PLU Members

Muhoozi Kainerugaba Endorses Adonia Ayebare for State Minister Role, Mentions Possible Positions for PLU Members

Kampala, Uganda — Uganda’s Chief of Defence Forces, Gen. Muhoozi Kainerugaba, has publicly expressed support for Ambassador Adonia Ayebare for the position of Minister of State for Foreign Affairs.In a series of posts published on his official X account on Sunday, Gen. Muhoozi stated:

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Why Uganda must become a permanent member of BRICS

Why Uganda must become a permanent member of BRICS

If we become permanent members of BRICS, the most obvious benefit shall be economic. Our economy relies heavily on agriculture, raw materials, and a growing services sector. We need big markets like those of China and India for our agricultural produce.Uganda has a young population, with a

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Why CDF Gen Muhoozi Kainerugaba Recalled Gen Gowa, Johnson Back To Mbuya

Why CDF Gen Muhoozi Kainerugaba Recalled Gen Gowa, Johnson Back To Mbuya

In a surprising development in Uganda’s security and government leadership, General Muhoozi Kainerugaba, the Chief of Defence Forces (CDF), has recalled General Gowa and Brigadier Johnson Namanya Abaho back to Mbuya Defence Headquarters after their recent posting at the Ministry of Internal Aff

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Bank of Uganda maintains the central bank rate

Bank of Uganda maintains the central bank rate

The Bank of Uganda recently kept the Central Bank Rate (CBR) unchanged at 9.75 per cent, signalling its confidence in the price stability experienced in the economy today.The Monetary Policy Committee (MPC) assessed that the current policy stance remains appropriate to support economic act

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Shs350m NICU equipment boosts Lira Hospital’s newborn care capacity

Shs350m NICU equipment boosts Lira Hospital’s newborn care capacity

Lira, Uganda: Lira Regional Referral Hospital has received Neonatal Intensive Care Unit (NICU) equipment worth Shs350 million, a major boost expected to strengthen care for premature and critically ill babies across Northern Uganda.The equipment was donated by Pathfinder International with

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