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 Ministry of Education and Sports has said it will soon start prosecuting parents who do not provide their children with meals at school. Mr John Chrysostom Muyingo, the state minister for Higher Education, warned that such parents are violating the government’s policy on free educa
At a glance, The Big We is a book that appears to spread the Ugafuturist-vision. But then you read the subtitle: “A Blueprint for Sustainable Growth of The Local Construction Industry in Uganda.” The author later clarifies that the BIG WE is an acronym for ‘Business Development, In
The Uganda Hotel Owners’ Association (UHOA) has appealed for more funding and apprenticeship programmes to develop the country’s capacity in the hospitality industry. The call was made by the Chairlady of UHOA, Ms Susan Muhwezi, in a speech read for her by UHOA Executive Director, Ms
President Museveni’s televised address to the nation Thursday night went to great lengths to drill the final nail in the coffin of the Uganda Coffee Development Authority (UCDA). Formed by an Act of Parliament 1991 that was amended three years later, UCDA stepped into the shoes of th
(Kampala) – TotalEnergies Marketing Uganda has opened its first public electric charging station in Kampala at the Wampewo Service Station, in partnership with Green Hub. This launch represents a notable advancement in Uganda’s commitment to transitioning towards renewable energy and sustainable
Uganda’s tea prices at the Mombasa Tea Auction have been holding steady for the past seven weeks, with the latest sale, Number 45, ending on November 5, 2024, at an average price of $1.02 per kilogram (around sh3,760). This price mirrors that of the past two weeks, indicating stability in the mark
Government and Citibank Uganda have signed a multibillion ten-year financing agreement for construction of the 97km Lusalira-Nkonge-Lumegere-Ssembabule Road, which is scheduled to start before the end of 2025. The financing agreement signed on Friday is for the project expected to cost S
The Director General of the National Financial Investigation Agency (ANIF) in Equatorial Guinea, Baltasar Engonga, has been arrested for allegedly recording over 400 sextapes involving the wives of prominent individuals in the country. The scandal came to light during a fraud investigation ag
