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.
Imagine youâre running an asset financing business in Europe and think, âWhy not give East Africa a shot?â So you do the research, find the market, and discover real potential. Thatâs how Mogo Uganda, an asset-financing tech company, landed in Kampala. The
Yes, you have seen the big, monstrous BMW 1200cc and 1250cc bikes at a place near you. Talk about adventure bikes and the first person many people will remind you of is Jacob Oulanyah, the late speaker of Parliament, who, in his short time on two wheels, used his face value to promote the bi
Despite the deliberate effort by the government to increase electricity generation, distribution and extend cooking gas cylinders, most Ugandan households are still using either firewood or charcoal for cooking, a survey by Twaweza, a nongovernmental organization working in East Africa has f
The World Investor Week 2024 is an annual week that allows us to reflect on the past year's investments, assess our progress toward future goals, and fine-tune retirement plans. The journey to financial security is not easy and often requires lifestyle adjustments, such as swapping luxu
A United Nations Security Council committee on Friday sanctioned two generals in Sudan's paramilitary Rapid Support Forces for destabilizing the country through violence and human rights abuses. They are the first U.N. sanctions in the current war in Sudan, which erupted in April 2023 fr
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
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
(Kampala) – TotalEnergies Marketing Uganda has opened its first public electric charging station in Kampala at the Wampewo Service Station, in partnership with Green Hub. This launch represents a notable advancement in Uganda’s commitment to transitioning towards renewable energy and sustainable
LIRA, Uganda — Arising from a court hearing held on Friday, the High Court sitting in Lira, presided over by Justice Phillips Odoki, has set deadlines for lawyers representing the two cultural leaderships involved in the Lango Cultural Leadership dispute.The court has directed the lawyers to f
