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
Most rural women in Uganda are engaged in agricultural activities, contributing 88 percent of agricultural labour force, an activity that contributes to 76 percent of Uganda's economy. Women's traditional roles in agriculture are still influenced by their reproductive roles therefore, ta
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
Grasshoppers, locally known as nsenene, are here again. The nsenene usually appear around late October through November and part of early December. However, last year they delayed, which created anxiety among trappers and traders who always make a killing from selling the delicious insec
Coffee farmers in Bukomansimbi District are reaping big and savouring the fruits of labour from growing the brown beans. The farmers are now happy owners of gleaming houses and sleek cars while their children have guaranteed access to good schools that were once out of reach for most of
Sometime in July, Deputy President Rigathi Gachagua refused to have meals and drinks prepared by state-assigned staff at his official residence in Karen. Instead, Mr Gachagua would eat food prepared at his private home in Karen by his wife, Dorcas. The meals would be delivered to his off
Wooden houses can position Uganda for a sustainable future by addressing the housing crisis through cost-effective, eco-friendly construction, reducing carbon emissions, and promoting responsible timber sourcing. Modern wooden construction is revolutionising the housing market as a sus
When the machines at the factory first started roaring over a decade ago, its senior management pledged to turn the venture into “an engine for development to support the livelihoods of vulnerable populations”. More than a decade since its inception in 2013, Atiak Sugar Factory con
Cocoa grows well on a wide range of soils but lose soils that allow movement of air and moisture, and root penetration is ideal. It must hold moisture in the soil during the dry season, as cocoa needs a regular supply of moisture for good growth. Cocoa can be grown in soils having a pH v
