Business •
11 Nov '24
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.
Business •
11 Nov '24
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
Business •
11 Nov '24
Rebecca Namulondo, 9, had a chilling premonition of impending doom. In an emotional revelation, Godfrey Wamunyokoli, a Mathematics and Science teacher at the Salama School of the Blind, 40km east of Kampala in Luga Village, Kisoga Sub-county, Mukono District, shared a chilling detail abo
Business •
09 Nov '24
Imagine Bebe Cool in the blue corner, his Silent Majority shouting Big Size, with Kasepiki, Bogolako blaring through the roof of Lugogo Indoor Arena. And in the red corner, Bobi Wine, his army donning red tops and t-shirts with slogans taunting anyone suspected of disrespecting the Princi
Business •
09 Nov '24
“It was amazing seating close to the Kyabazinga, and, as the driver, it was a memorable experience I will cherish forever,” recounts Richard Madanda about his experience of driving the Kyabazinga, His Majesty William Wilberforce Gabula Nadiope IV, on the day he exchanged nuptials with Jo
Business •
09 Nov '24
When the ruling National Resistance Movement (NRM) government gerrymanders constituencies, the official explanation given is that such a move is intended to bring services closer to the people and ensure fair distribution of resources among Ugandans. The same explanation was given wh
Business •
09 Nov '24
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
Business •
08 Nov '24
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
Business •
08 Nov '24
(Kamuli) – Bobi Wine, the leader of the National Unity Platform (NUP), faced multiple obstacles as he attempted to reach Kamuli town, where he planned to open an office and address his supporters. Despite a heavy police and military presence, which blocked main roads and diverted him to a longer r
Business •
08 Nov '24
President Museveni Friday joined several African leaders who have congratulated Donald Trump on winning US' November 5 presidential election in which he defeated Vice President and Democratic nominee Kamala Harris. Twice-impeached President Trump emphatically recaptured White House wit