Business •
15 Nov '24
At least seven people have been confirmed dead in a road crash that occurred along Jinja-Iganga highway in the wee hours of Thursday morning. The fatal accident occurred in the Kakira sugarcane plantation when a commuter taxi hit a stationary truck loaded with sugarcane. According
Business •
15 Nov '24
Uganda's Civil Society Organisations (CSOs) have urged the government to reassess its approach to the ongoing rationalisation process, emphasising the need to prioritise local government and Parliament reforms to effectively reduce taxpayers' expenses. Mr Julius Mukunda, the Executive D
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 •
11 Nov '24
U.S. President-elect Donald Trump spoke with Russian President Vladimir Putin and advised him not to escalate the Ukraine war, a source familiar with the conversation told Reuters on Sunday, as President Joe Biden plans to urge Trump not to abandon Kyiv. Trump and Putin spoke in recent d
Business •
09 Nov '24
President Museveni’s televised address to the nation Thursday night went to great lengths to drill the final nail in the coffin of the Uganda Coffee Development Authority (UCDA). Formed by an Act of Parliament 1991 that was amended three years later, UCDA stepped into the shoes of th
Business •
09 Nov '24
Kilak North MP Anthony Akol has spoken out about circumstances under which he punched his Mityana Municipality counterpart, Francis Zaake during Wednesday plenary session moments before the passing of the controversial Coffee Bill, 2024. Mr Akol (FDC) punched Mr Zaake (NUP) several times
Business •
08 Nov '24
Effective January 1, next year, all importers will be required to insure their cargo using local companies. The new requirement is provided under the Marine Cargo Insurance Policy, which first took effect on July 1, 2022, but was postponed, with Uganda Revenue Authority saying importers
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08 Nov '24
Uganda, through Ministry of Agriculture walks away from this year’s international Agricultural Machinery Exhibition with a commitment from Italy to establish an agricultural mechanization training centre in the eastern district of Iganga next year. The centre is estimated to cost about
Business •
08 Nov '24
Buganda Road Chief Magistrate’s Court has charged and remanded a man accused of being a fake doctor to Luzira prison over forgery of academic documents. Thirty-eight-year-old Ken Nyombi alias Innocent Ssemanda alias Samuel Alfred Teriyeitu or Fred Ssendi was arraigned on Friday befor
Business •
08 Nov '24
Government and Citibank Uganda have signed a multibillion ten-year financing agreement for construction of the 97km Lusalira-Nkonge-Lumegere-Ssembabule Road, which is scheduled to start before the end of 2025. The financing agreement signed on Friday is for the project expected to cost S