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
When doubts and suspicions arise in a relationship, they often bring confusion, worry, and even guilt. It may feel uncomfortable to confront your partner with concerns, especially if you are unsure whether they are valid. However, suppressing these feelings rarely resolves them and can lead
Emaritino Echiku, a 75-year-old resident of Soroti District, has been undergoing treatment for breast cancer at the Uganda Cancer Institute (UCI) in Kampala for the past three years. Echiku recalls noticing a small, painless lump on his right breast during adolescence, which he ignored f
Commemorated on November 14 every year, World Diabetes Day unites global leaders, medical professionals, advocates, and communities to raise awareness and promote action against the growing epidemic. The 2024-2026 theme, "Diabetes and Well-Being," emphasises the importance of holistic self-c
Deputy Inspector General of Uganda Police Force, Mr James Ochaya, has sounded the alarm on a disturbing trend where young girls, some as young as 14, are using social media to seek romantic relationships with older individuals. "There is a disturbing misuse of social media. We have rec
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
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
Dr Gerald Akankwasa, a general physician at Mulago Hospital, started his backyard flock in Jokolera, Kasangati Town Council, Wakiso District, with just three turkeys in early 2023. Barely two years later, he now has more than 170 birds of different ages. And with his determination and in
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
