Today, just four of Africa’s richest billionaires hold $57.4 billion in wealth — more than the combined wealth of 750 million people, or half the continent’s population, according to a new Oxfam report.The report –
For decades, the name Aponye stood tall in Uganda’s business circles, synonymous with agro-processing success, expansive real estate investments, and strategic government supply contracts.Founded by the late Apollo Nyegamehe, commonly
Ghana is considering reform in the energy sector, with Umeme in mind How this West African country is looking to the success Uganda has just destroyed to solve its electricity crisisTH
In a historic real estate shake-up, property mogul John Bosco Muwonge popularly known as Ntere Nfune has purchased the iconic Mukwano Mall in downtown Kampala for a staggering UGX 250 billion ($65 million) in an all-cash transaction.The acquisition is now
Hongera Saana Uganda, an initiative under the Office of the President aimed at curbing violent extremism has partnered with security agencies to distribute free motorcycle tracking devices to riders across the country.The initiative is being implemented in collaboration with the
Following weeks of a sit-down strike that left arts lessons suspended across many government secondary schools, Government has come out with a new plan aimed at addressing the concerns raised by arts teachers.The strike, led by the Uganda Arts Teachers As
Uganda’s Parish Development Model (PDM) aims to break the cycle of poverty by focusing development efforts at the parish level, with a promise of Shs100 million annually per parish to boost household incomes.While early success stories show promise, lingering concerns over fund delays, p
A stark warning has been issued from the corridors of parliamentary oversight, painting a grim picture of Uganda's fiscal health.The Shadow Minister for Finance, Ibrahim Ssemujju Nganda, has cast a critical spotlight on the government's ambitious, and arguably perilous, pl
The United Boda Boda Cooperative Union has unveiled a comprehensive program aimed at enhancing the welfare of its members.This initiative introduces asset financing options, enabling riders to acquire motorcycles and land, thereby fostering economic empowerment and financial independence w
In a bid to address the low insurance penetration and rising out-of-pocket healthcare expenses in Uganda, Opportunity Bank Uganda has partnered with micro insurance provider Turaco to launch ‘Opportunity Sanyu, a micro medical cover product designed to cushion Ugandan families against medical a
