The Kampala-Entebbe Expressway has marked three years of tolling operations with stellar results, exceeding both traffic and revenue projections.Addressing the media today, Eng. Stephen Kitonsa, the Acting Enginee
A report by the European Investment Bank indicates that excessive government domestic borrowing has severely impacted the private sector, with many borrowers left with no sources of credit. The report, titled: Finance in Africa, Unlocking Investment in an Era of Digital Transformation an
Rajini Tailor, a renowned businessman and former Buganda Kingdom minister, has been embroiled in a debt dispute with the Muljibhai Madhvani Foundation, resulting in his recent detention at Luzira Prison. The dispute centres on unpaid rent arrears amounting to approximately Shs148 million
The Growth Opportunities and Productivity for Women Enterprises (GROW) Project has disbursed Shs18.9b in loans to 1,193 women entrepreneurs across Uganda, Minister of Gender, Labour and Social Development, Ms Betty Amongi, announced. "The 83 per cent loans going to women in small busines
Transitioning from a corporate job to self-employment is bold and challenging. Stella Mugera: Pursuing passion Despite her fulfilling role as an economics policy analyst at the Uganda Local Governments (ULGA) Association, where she worked from 2008 to 2015, Mugera knew she wanted t
There’s panic at Tropical Bank Uganda Limited and its client IT Office [U] Limited after the later failed to pay back a loan the former secured.IT Office Uganda Limited took a loan of Shs 6.840 billion from Prim
Tea farmers across Uganda are facing a looming crisis, with several processing factories on the brink of closure. This is on account of the low prices of the crop, which has forced some of the tea farmers to uproot the trees in favour of the more lucrative coffee growing and other ventur
Dennis Daniel Ssemugenyi left Uganda many years ago to seek greener pastures and his country of destination was Canada.He got a breakthrough ten years ago when together with European friends founded Dennis Daniel
A client has accused DFCU Bank of forcing him to pay their initial 13 year mortgage loan in only two and a half years but only to hold onto his property titles.
The death of athlete Rebecca Cheptegei, who was doused in petrol and set ablaze by her former boyfriend, Dickson Ndiema Marangach, has renewed questions on governmentâs implementation of the Domestic Violence Act. The 33-year-old was last week buried in Bukwo District, days after Ma
