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Excessive govt local borrowing starves private sector of credit 

Excessive govt local borrowing starves private sector of credit 

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

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Dealing with doubts in relationships

Dealing with doubts in relationships

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

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Male breast cancer: Echiku recalls noticing a small, painless lump on his right breast

Male breast cancer: Echiku recalls noticing a small, painless lump on his right breast

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

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Breaking the silence: Empowering communities to take control of diabetes

Breaking the silence: Empowering communities to take control of diabetes

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

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Deputy IGP Ochaya warns of rising social media misuse among teen girls

Deputy IGP Ochaya warns of rising social media misuse among teen girls

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

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Absa in push to ease access to electric motorcycles

Absa in push to ease access to electric motorcycles

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.

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‘We’re aware the boda market is built on trust’

‘We’re aware the boda market is built on trust’

Imagine you’re running an asset financing business in Europe and think, “Why not give East Africa a shot?” So you do the research, find the market, and discover real potential.  That’s how Mogo Uganda, an asset-financing tech company, landed in Kampala.  The

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World investor week: Reflecting on financial fitness and future planning

World investor week: Reflecting on financial fitness and future planning

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

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Turkey: Farmer’s tale from hobby to thriving business

Turkey: Farmer’s tale from hobby to thriving business

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

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Govt to finally implement local insurance for importers

Govt to finally implement local insurance for importers

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

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