Business •
03 Jan '25
Uganda's government has announced a significant shift in its energy sector with the takeover of electricity distribution and sales, a move expected to lower electricity costs. The Uganda Electricity Distribution Company Ltd (UEDCL) has received licenses from the
Business •
10 Dec '24
Jerusalem [Israel], December 10 (ANI/TPS): Israeli Prime Minister Benjamin Netanyahu hailed the army's achievements, saying that victory "is becoming a reality" during a Monday night press conference.Netanyahu too
Business •
07 Dec '24
Business •
30 Nov '24
Post Bank has said that its staff colluded and put fake currency in its branch in Mbale.This week, the bank confirmed that its internal control mechanism had discovered counterfeit notes worth sh 500 million in the Mbale branch.Bundles of counterfeit sh 50,000 notes were found on No
Business •
25 Nov '24
Two former inmates, Sanya Muhydin and Joseph Muganza, have made serious claims against the National Unity Platform (NUP) and its leader, Robert Kyagulanyi, known as Bobi Wine. They say that Bobi Wine exploited them during their time as supporters of the party.
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25 Nov '24
Uganda People's Congress (UPC) president, Jimmy Akena, has declared his unwavering determination to contest in the 2026 presidential election, promising to secure Uganda’s future.Speaking to a crowd at Ocero Tra
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20 Nov '24
The Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) is implementing a 6-year project aimed at mitigating the effects of climate change on Uganda’s agricultural sector.Titled the Uganda Climate Sma
Business •
15 Nov '24
The Namulesa North Ward councilor in Jinja City, who belongs to the Opposition National Unity Platform (NUP) party has abandoned his seat and fled the country, citing alleged “persecution” from the ruling National Resistance Movement (NRM) party officials. Joseph Ngobi, 25, popularly
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15 Nov '24
Lira, Uganda â Three hundred eighty-seven small-scale businesswomen from Lira City have benefited from a soft loan of 107 million shillings, disbursed by Hon. Betty Amongi Akena on Friday, November 15, 2024, at Senior Quarters, Lira City East Division.Jenifer Opio, a member of Hon. Betty Am
Business •
15 Nov '24
The Parliament has passed a law mandating the Minister of Finance to prescribe a maximum interest rate that money lenders may charge their borrowers. Not surprisingly, the moneylenders’ association has “rejected” the new law, arguing that the government has no right to control what doe