Business •
20 Nov '24
(Kampala) â Uganda owes $433,582 (UGX 1.679 billion) in ground rent arrears to Kinshasa authorities for a commercial property in the Democratic Republic of Congo (DRC). Despite having the funds, the payment remains stuck due to unclear instructions from the DRC side, raising fears of property s
Business •
20 Nov '24
The Inzu Ya Masaba spokesperson, Mr. Steven Masiga, has confirmed to this publication that His Royal Highness the Umukuka of the Bamasaba people is on an official working visit to Southern African countries, including Swaziland, Malawi, South Africa, and Lesotho.Mr. Masiga further briefed the pr
Business •
15 Nov '24
The former Archbishop of Canterbury, Justin Welby, was loved and scorned in equal measure. While some admired him for taking a stand on allowing the clergy to bless same-sex relations, some conservative Anglican churches around the world detested him for backing the move, terming it as an u
Business •
15 Nov '24
A report by the European Investment Bank indicates that excessive government domestic borrowing has severely impacted the private sector, with many borrowers left with no sources of credit. The report, titled: Finance in Africa, Unlocking Investment in an Era of Digital Transformation an
Business •
15 Nov '24
The renowned Nyege Nyege International Cultural Music Festival has commenced in Jinja City, bringing with it a vibrant atmosphere and economic potential. This ninth edition is being held at the Jinja Golf Course field, drawing both local and international attention. Jinja traders are eag
Business •
15 Nov '24
President Joe Biden heads to South America this week for a curtain call with global leaders after over 50 years in U.S. politics, but the man he tried and failed to keep from returning to power is likely to be the focus of many meetings: incoming President Donald Trump. Biden will hold
Business •
13 Nov '24
There’s outrage in Teso sub region, Eastern Uganda after one of the Uganda People’s Defence Forces (UPDF) representative in Parliament, Lt Gen Peter Elwelu, , demolished a revered Ongima initiation site in Usuk, Katakwi District. The site, also known as Airiget Ongima, held immens
Business •
13 Nov '24
Archbishop of Canterbury Justin Welby resigned "in sorrow" on Tuesday, saying he had failed to ensure there was a proper investigation into allegations of abuse by a volunteer at Christian summer camps decades ago. Welby, the senior bishop of the Church of England and spiritual leader of
Business •
11 Nov '24
As it became clear that Donald Trump had landed the US presidency for the second time, leaders from across Africa began tweeti
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