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50% of agribusiness loan requests rejected - BoU

50% of agribusiness loan requests rejected - BoU

Close to half of agricultural loan applications are rejected, data in the Bank of Uganda 2024 Annual Report shows. The report, which reviews different funds managed by the Central Bank, including the Petroleum Fund and the Small Business Recovery Fund, among others, indicates that in the

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Museveni aide woos Czech investors to Uganda

Museveni aide woos Czech investors to Uganda

Senior presidential advisor on trade, Phillip Kakuru, has called upon investors from Czech Republic to consider investing in Uganda’s unexploited potential. Kakuru, who led a delegation of Ugandan business community and diplomats for the first Uganda-Czech business forum in Prague on O

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Vision Group's Shs25b share sale explained

Vision Group's Shs25b share sale explained

On September 24, Vision Group, which is listed on Uganda Securities Exchange as New Vision Publishing and Printing Company Limited, told each of its shareholders in a notice that it had reached an understanding with the government about an intervention to take on a new type of shares in addi

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The unending struggles of KCCA leadership

The unending struggles of KCCA leadership

First, it claimed the scalp of Jennifer Musisi, who at the time seemed to be permanent furniture at the Kampala Capital City Authority (KCCA).  After, Erias Lukwago, the City Lord Mayor, went lyrical, singing his heart out after the exit of his biggest nemesis at the City Hall. When M

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Qashqai Facelift delivers enhanced comfort, modern tech, and practical family appeal

Qashqai Facelift delivers enhanced comfort, modern tech, and practical family appeal

Nissan’s big-selling, mid-sized sport utility vehicle (SUV) gets a few choice changes in the latest edition, though nothing that would scare a current Qashqai buyer, of which there have been some four million since the first one appeared in 2007. This third generation arrived back in 2

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Vision Group seeks Shs25b in new share sale 

Vision Group seeks Shs25b in new share sale 

Vision Group, which produces newspaper and broadcast titles including New Vision and Bukedde, among others, has told shareholders that it has reached an understanding in which government will acquire more 156.25 million shares to bolster its operating capital. The company, listed on the

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Kiteezi tragedy: Survivors struggle with loss, relocation plans

Kiteezi tragedy: Survivors struggle with loss, relocation plans

The Kiteezi landfill tragedy is a few days shy of a two-months anniversary. The grief is still too raw for survivors and bereaved families. The gut-wrenching calamity befell residents of Kiteezi in Wakiso District on August 10, claiming the lives of more than 35 people and destroying pro

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Lukwago halts alternative land acquisition for waste management over report

Lukwago halts alternative land acquisition for waste management over report

Kampala Lord Mayor Erias Lukwago has has issued a directive halting the acquisition of alternative land for waste management.  “I hereby invoke the powers of the Office of the Lord Mayor to direct that the processes for the acquisition of an alternative land for the establishment of

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Outrage as Multichoice increases subscription fees again

Outrage as Multichoice increases subscription fees again

There was outrage on social media after Multichoice Uganda subscribers learnt that the service provider had hiked its premium content’s pricing  for DStv and GOtv once again as it struggles to balance its costs with the fast-shrinking market. The price increments average 3

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A bitter fight over a multi-billion shilling MTN marketing contract

A bitter fight over a multi-billion shilling MTN marketing contract

In 2023, M&C Saatchi Abel approached CTA Space with a proposal.The South African-based marketing, advertising and communications company was seeking an affiliate marketing agency that would be part of a multi-

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