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UDB secures 40 million euros to expand financing for women and youth-led ventures

UDB secures 40 million euros to expand financing for women and youth-led ventures

UDB Managing Director Patricia Ojangole addresses stakeholdersKAMPALA — The Uganda Development Bank has secured a 40 million euro credit line, approximately 169 billion shillings, from the French Development Agency to expand financing for enterprises across the country.The facilit

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Uncertainty In Uganda as Plot To Arrest Top NDA Bosses Leaks

Uncertainty In Uganda as Plot To Arrest Top NDA Bosses Leaks

In Uganda, things aren’t good at all following leaked information showing that several directors and Authority members of Uganda national drug authority (NDA) are on the verge of being arrested over willful refusal to obey lawful orders and directives issued by the country’s inspector general

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BIG STORM: Power Struggles At ERA Risk Uganda’s Electricity Stabilization Efforts

BIG STORM: Power Struggles At ERA Risk Uganda’s Electricity Stabilization Efforts

A power sector storm is brewing in Uganda as internal conflicts at the Electricity Regulatory Authority (ERA) intersect with national energy supply challenges, threatening to further destabilize an already fragile economic lifeline.According to insiders, senior staff at ERA allege that Chi

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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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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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Estranged Boyfriend Wins As Kampala Slay Queen Charlotte Komugisha Loses 2nd Court Case In One Week

Estranged Boyfriend Wins As Kampala Slay Queen Charlotte Komugisha Loses 2nd Court Case In One Week

Queen Charlotte Komugisha (48) loses 2nd court case in One week as judge rules that their 12-year-old son leaves home & goes to boarding to avoid exposure to parental quarrels.Robert Magara the Grade 1 Magistrate at the Makindye court in Kampala has ruled that the embattled Kampala tik

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Uganda’s economy improves in January as inflation rises to 3.2% and exports surge 83.5%

Uganda’s economy improves in January as inflation rises to 3.2% and exports surge 83.5%

Uganda’s economy registered an improvement in January 2026, supported by better business conditions, rising consumer demand and increased employment levels, according to the latest Performance of the Economy Report.The report indicates that economic activity continued on an upward trajec

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Gen. Saleh urges Kampala City natives to maintain cleanness under Operation Dark Matters initiative aimed at improving Health hygiene

Gen. Saleh urges Kampala City natives to maintain cleanness under Operation Dark Matters initiative aimed at improving Health hygiene

Gen. Salim Saleh Rallies Kampala Residents to Embrace Sanitation Under “Operation Dark Matters”The Chief Coordinator of Operation Wealth Creation (OWC), Salim Saleh, has called on residents of Kampala to prioritise sanitation and proper hygiene as part of a new initiative dubbed Operat

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Equity Bank seminar empowers Kampala salon owners

Equity Bank seminar empowers Kampala salon owners

Salon Owners at the Equity Bank Salon Owners Seminar at Pope Paul Memorial Centre LubagaKAMPALA, Uganda — Two years ago, Jessica Muteteri’s salon was failing. Rent was overdue, utility bills were mounting and staff wages felt like a chokehold on her enterprise.The struggle chang

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Gaming stakes to hit Shs14.1 trillion as regulator revenue rises from Shs17.4 billion to Shs391 billion in 10 years

Gaming stakes to hit Shs14.1 trillion as regulator revenue rises from Shs17.4 billion to Shs391 billion in 10 years

Finance Minister, Matia Kasaija congralating Mr Kenneth Kitariho (right) upon his inauguration as Chairperson of the NLGRB. Looking on is outgoing board chairperson Aloysius Mugasa (2nd left) and CEO Denis Mudene Ngabirano.Ten years after it was created, the National Lotteries and Gaming R

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