The Parliament has passed a law mandating the Minister of Finance to prescribe a maximum interest rate that money lenders may charge their borrowers. Not surprisingly, the moneylenders’ association has “rejected” the new law, arguing that the government has no right to control what doe
At least seven people have been confirmed dead in a road crash that occurred along Jinja-Iganga highway in the wee hours of Thursday morning. The fatal accident occurred in the Kakira sugarcane plantation when a commuter taxi hit a stationary truck loaded with sugarcane. According
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
In June this year, Kampala registered the highest cases of suicides in a single month, most of them involving high-profile individuals. Mr Luke Owoyesigyire, the Kampala Metropolitan Police deputy spokesperson, said four of seven incidents were registered in a single day on Martyrs' Day
In early March 2017, panic-stricken officials from Uganda’s ministries of Works and Finance, dashed to Dar es Salaam to “compare notes” with their Tanzanian counterparts on among others, variations in prices of their disassociated Standard Gauge Railway (SGR) projects. President Mu
A devastating head-on collision between an Omnibus taxi and a Fuso truck on the Gulu-Kampala Highway in Luweero District on Wednesday claimed six lives and left five others seriously injured. The victims were identified as Rogers Mfitukiza, Charles Opirisa, Ephraim Mugerwa, Joshua Ebong,
Government has rolled out engineering mentorship opportunities for young graduates to become manufacturing engineers to boost the seven value chains at the Engineering Development and Innovation Centre. The Science, Innovation and Technology Minister, Dr Monica Musenero says the mentorsh
Kenya will send 600 more police officers to Haiti next month to bolster an international anti-gang mission, President William Ruto said on Friday during a visit by the Haitian prime minister intended to speed up deployments to the force. At least 10 countries have promised to send a tota
Kenya will send 600 more police officers to Haiti next month to bolster an international anti-gang mission, President William Ruto said on Friday during a visit by the Haitian prime minister intended to speed up deployments to the force. At least 10 countries have promised to send a tota
Yesterday, Uganda celebrated its 62nd independence anniversary, a time that always fills me with nostalgia for the more innocent days of my childhood. Those celebrations seemed more vibrant and highbrow back then, sparking a sense of wonder that I cannot quite put into words. I cannot
