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Minister Betty Amongi Launches 107 Million Shilling Soft Loan for Lira City’s Market Vendors

Minister Betty Amongi Launches 107 Million Shilling Soft Loan for Lira City’s Market Vendors

Lira, Uganda – 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

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Nyege Nyege festival kicks off in Jinja

Nyege Nyege festival kicks off in Jinja

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

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URA, BAT move to tighten noose against contraband boosts DTS

URA, BAT move to tighten noose against contraband boosts DTS

The British American Tobacco team led by Chris Achola, Cluster Head BAT East and Southern Africa met with URA to identify ways on curbing illicit trade in cigarettes in the East African region. During the meeting held at URA headquarters, Nakawa BAT proposed different ways through which

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Kadaga, Busoga clerics clash over Nyege Nyege fete

Kadaga, Busoga clerics clash over Nyege Nyege fete

Jinja-based Born Again pastors have joined Busoga East Diocese Bishop Paul Hannington Suubi to protest the hosting of the forthcoming Nyege Nyege Music festival in the area. The International Nyege Nyege Music Festival is scheduled for November 14 to 17 at the Jinja Golf Ground in Jinja

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Absa in push to ease access to electric motorcycles

Absa in push to ease access to electric motorcycles

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.

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‘We’re aware the boda market is built on trust’

‘We’re aware the boda market is built on trust’

Imagine you’re running an asset financing business in Europe and think, “Why not give East Africa a shot?” So you do the research, find the market, and discover real potential.  That’s how Mogo Uganda, an asset-financing tech company, landed in Kampala.  The

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World investor week: Reflecting on financial fitness and future planning

World investor week: Reflecting on financial fitness and future planning

The World Investor Week 2024 is an annual week that allows us to reflect on the past year's investments, assess our progress toward future goals, and fine-tune retirement plans. The journey to financial security is not easy and often requires lifestyle adjustments, such as swapping luxu

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Who is elegible for Grow loans?

Who is elegible for Grow loans?

In August, women from as far as Jinja and Mityana districts, gathered at Hotel Africana for a knowledge-sharing day-long seminar for the Generating Growth Opportunities and Productivity for Women Enterprises (GROW) grant.Vice President Jessica Alupo subsequently launched the project from the

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Partnerships are crucial in propagating technology

Partnerships are crucial in propagating technology

The programme’s focus was to equip students with relevant skills to hit the ground running and build real-world projects right from the start. Most importantly, the programme did not only focus on technical skills but also critical issues such as ethics in AI. As she delivers her gradu

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US election: What Kamala or Trump win means for rule of law

US election: What Kamala or Trump win means for rule of law

The United States of America today closes elections to pick its president for the next four years. Although millions of voters have voted early, millions more will vote in person today. The two contenders are, Republican Party candidate Donald Trump, a former president who was defeat

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