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
Lira, Uganda â Three hundred eighty-seven small-scale businesswomen from Lira City have benefited from a soft loan of 107 million shillings, disbursed by Hon. Betty Amongi Akena on Friday, November 15, 2024, at Senior Quarters, Lira City East Division.Jenifer Opio, a member of Hon. Betty Am
A Ugandan movie is promising to make film lovers turn their eyes and attention to the Pearl of Africa if its potential cast is confirmed. Mr Otim, a movie by filmmaker Isaac Oboth, lists Winston Duke, Brian Ogola, Daniel Kaluya, Melvin Alusa, Forest Whitaker, Ntare Guma, Esteri Tebandeke, Pa
Donald Trump is expected to take a slew of executive actions on his first day as president to ramp up immigration enforcement and roll back signature Biden legal entry programs, a sweeping effort that will be led by incoming "border czar" Tom Homan and other Republican immigration hardliners
As it became clear that Donald Trump had landed the US presidency for the second time, leaders from across Africa began tweeti
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
Police in Bushenyi District in Western Uganda are investigating a second dormitory fire that broke out at Nyakabanga Senior Secondary School in Kyabugimbi Sub County five days after the first incident. The 5:30am Sunday fire broke out while students were attending morning preps. One student
Yes, you have seen the big, monstrous BMW 1200cc and 1250cc bikes at a place near you. Talk about adventure bikes and the first person many people will remind you of is Jacob Oulanyah, the late speaker of Parliament, who, in his short time on two wheels, used his face value to promote the bi
U.S. President-elect Donald Trump spoke with Russian President Vladimir Putin and advised him not to escalate the Ukraine war, a source familiar with the conversation told Reuters on Sunday, as President Joe Biden plans to urge Trump not to abandon Kyiv. Trump and Putin spoke in recent d
A United Nations Security Council committee on Friday sanctioned two generals in Sudan's paramilitary Rapid Support Forces for destabilizing the country through violence and human rights abuses. They are the first U.N. sanctions in the current war in Sudan, which erupted in April 2023 fr
