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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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Uganda inks Shs500b deal to construct major 97km road

Uganda inks Shs500b deal to construct major 97km road

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

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Buruuli chief writes to Kabaka over breach of 2013 agreement

Buruuli chief writes to Kabaka over breach of 2013 agreement

The head of Buruuli Cultural Institution has written to Kabaka of Buganda Ronald Muwenda Mutebi, accusing him of  not honouring the 2013 agreement that called for mutual co-existence and cooperation between the two cultural institutions. In the October 31 document, Isabaruli Constantine

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Will MPs’ stance against Bill to control alcohol return to bite?

Will MPs’ stance against Bill to control alcohol return to bite?

Parliaments all over the world have been known as places where elected representatives of the people develop, deliberate, and adopt legislation that promotes public interests. In Uganda, Parliament has been at the forefront of originating, drafting and passing Bills that are often aimed

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URA asks companies earning Shs500m annually to submit audited books 

URA asks companies earning Shs500m annually to submit audited books 

Uganda Revenue Authority (URA) has rolled out new income tax compliance measures that will require businesses with an annual turnover of Shs500m and above to submit audited financial statements, together with their tax returns. The submitted documents, according to URA guidelines, will h

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Atiak Sugar Factory: Billions spent, no production

Atiak Sugar Factory: Billions spent, no production

When the machines at the factory first started roaring over a decade ago, its senior management pledged to turn the venture into “an engine for development to support the livelihoods of vulnerable populations”.  More than a decade since its inception in 2013, Atiak Sugar Factory con

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Why Ugandans can't build good homes

Why Ugandans can't build good homes

Ugandans are too broke to build a decent house, with only three in 10 able to acquire land, buy construction materials, and pay for labour to construct one. Ms Judith Nabakooba, the Minister of Lands, Housing, and Urban Development, said the low income earned by Ugandans both in urban an

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Govt plans to cut next budget by Shs14 trillion

Govt plans to cut next budget by Shs14 trillion

Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trillion budget for the 2024/25 financial year to Shs72.1 trillion, marking a significant increase of Shs14.1 trillion, a f

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Govt plans to cut next budget by Shs14 trillion

Govt plans to cut next budget by Shs14 trillion

Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trillion budget for the 2024/25 financial year to Shs72.1 trillion, marking a significant increase of Shs14.1 trillion, a f

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From corporate to self -employment

From corporate to self -employment

Transitioning from a corporate job to self-employment is bold and challenging.  Stella Mugera: Pursuing passion Despite her fulfilling role as an economics policy analyst at the Uganda Local Governments (ULGA) Association, where she worked from 2008 to 2015, Mugera knew she wanted t

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