Business •
20 Nov '24
A video of Uganda’s President Yoweri Museveni harvesting matooke at Vice President Jessica Alupo’s farm in Katakwi district is igniting massive backlash online.The video, shared on the verified X handle of UBC
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
(Kampala) – The High Court has ordered the Ugandan government to pay 150 million shillings in damages to two journalists who were assaulted by Uganda Peopleâs Defence Forces (UPDF) soldiers while covering a protest in 2021. The compensation, awarded as UGX 75 million for each journalist, reco
Business •
15 Nov '24
Uganda's Civil Society Organisations (CSOs) have urged the government to reassess its approach to the ongoing rationalisation process, emphasising the need to prioritise local government and Parliament reforms to effectively reduce taxpayers' expenses. Mr Julius Mukunda, the Executive D
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
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
Business •
09 Nov '24
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
Business •
08 Nov '24
Salva Kiir Mayardit has served as South Sudanâs president since the countryâs independence in 2011. South Sudanâs secession from Sudan came on the heels of a long and bloody civil war that resulted in a referendum on independence. The initial optimism about the new state f
Business •
08 Nov '24
The National Environment Management Authority (NEMA) has said it closed a private cattle farm in uptown Kololo, following neighbours' complaints about a pungent smell from piles of animal wastes and noise pollution in Kampala. NEMA insists that the zero-grazing farm, which started in 201
Business •
08 Nov '24
The identities of the men and women in civilian clothes who raided Parliament chamber and grabbed some MPs after lights were switched off remain contentious. Six MPs were seized, pushed, and carried off from the floor of Parliament soon after Speaker Annet Among suspended 12 legislators