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
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
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
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
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
President Museveni is set to host the first-ever Ateker speakers' reunion in Soroti from November 27 to 29, 2024. This historic event aims to reunite the diverse Ateker communities, including Iteso, Karamojongs, Turkana, Topotha, Masai, Lango, Kumam, and Nyagantom, who originated from
Back in the 1990s, Uganda adopted several reforms. One of them was creation of semi-autonomous agencies. The architects of these (largely donor-driven) reforms promised enhanced efficiency and State capacity to deliver services by sidestepping bureaucracy in the mainstream ministries. Th
On October 4, the Electricity Regulatory Authority (ERA) published in this newspaper a “notice of intended application for licence” for the development of the proposed 20 Megawatts waste-to-energy power plant in Ddundu Village in Kyampisi Sub-county, Mukono District. The notice, a pr
As you near retirement age or contemplate an early retirement, you are faced with significant decisions that bring various financial concerns to the forefront. You might find yourself wondering, "Will I be able to maintain the lifestyle I desire in retirement?" or "What amount can I comforta
