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Uganda–UAE ties deepen as investment and exports surge, Metro Cement pre-launches new products

Uganda–UAE ties deepen as investment and exports surge, Metro Cement pre-launches new products

Officials launch the new Metro Cement products at Serena Hotel on December 18, marking the expansion of the company’s production capacity and product rangeUganda’s economic partnership with the United Arab Emirates (UAE) is entering a new phase, with rapidly growing foreign direct inve

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Uganda Strengthens Mobile Money Lending Rules to Combat Loan Defaults

Uganda Strengthens Mobile Money Lending Rules to Combat Loan Defaults

Uganda's mobile money sector is taking major steps to prevent loan defaults and restore trust in digital lending. For years, some borrowers who defaulted on digital loans exploited loopholes by switching networks or SIM cards, making it difficult for lenders to recover funds. Under the previous s

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Uganda: Just 41 MPs Approve Shs9tn Loan Blitz

Uganda: Just 41 MPs Approve Shs9tn Loan Blitz

In a Tuesday session that has sparked outrage among fiscal watchdogs, a mere fraction of the 11th Parliament authorized the government to proceed with massive loan requests totalling nearly Shs9 trillion.By suspending key safeguards, the House bypassed the standard oversight procedures des

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Museveni to Meet Downtown Traders Over Nakivubo Flood Compensation as Buganda Campains Heat Up.

Museveni to Meet Downtown Traders Over Nakivubo Flood Compensation as Buganda Campains Heat Up.

President Yoweri Museveni is expected to meet a section of downtown Kampala traders later this week at his Kisozi country home, following renewed appeals over compensation for losses caused by the Nakivubo drainage channel floods.According to sources, the President directed his aides to or

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Bobi Wine: Security Denying Me Access to Accomodation Facilities.

Bobi Wine: Security Denying Me Access to Accomodation Facilities.

He also renewed claims that President Yoweri Museveni’s government plans to harm him before polling day, allegations the government has previously deniedBobi Wine’s convoy found a road block on the highway to SorotiKAMPALA: Opposition National Unity Platform (NUP) presidential c

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South African rand flat ahead of leading economic indicator, local inflation data

South African rand flat ahead of leading economic indicator, local inflation data

JOHANNESBURG, Dec 17 (Reuters) – The South African rand was flat in early trade on Tuesday, ahead of the release of local central bank data and inflation data that will shed light on the country’s economic outlook.At 0512 GMT, the rand traded at 16.75 against the dollar, little changed

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Bobi Wine Electrifies Teso

Bobi Wine Electrifies Teso

Teso is politically significant as it is home to Speaker of Parliament Anita Among and Vice President Jessica Alupo, both senior figures in the ruling National Resistance Movement (NRM)Bobi Wine campaigning in Teso this TuesdayLarge crowds on Tuesday turned out to welcome National U

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Butaleja teachers starve as corruption and payroll scandal deepens.

Butaleja teachers starve as corruption and payroll scandal deepens.

The Butaleja District Local Government has been plunged into a serious administrative crisis that has denied more than 60 newly recruited education personnel, including headteachers, deputies, and assistants, their pay for several months. This is further characterized by debilitating resource sho

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Mengo: Kabaka’s Convoy Affected by Security Blockade Near Bulange

Mengo: Kabaka’s Convoy Affected by Security Blockade Near Bulange

The convoy of the Kabaka of Buganda, Ronald Muwenda Mutebi II, was on Monday affected by a heavy security blockade mounted near Bulange Mengo, as the Uganda People’s Defence Forces (UPDF) and Police sealed off roads leading to the area.The blockade was enforced ahead of a visit by the op

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Uganda: Kasese Cotton Farmers Decry Climate Change, Low Prices, Call for Government Intervention

Uganda: Kasese Cotton Farmers Decry Climate Change, Low Prices, Call for Government Intervention

Cotton farmers in Kasese District have raised fresh concerns over climate change and falling market prices, warning that the twin challenges are threatening the survival of one of the region's once most reliable cash crops.Farmers say prolonged dry spells

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