UDB Managing Director Patricia Ojangole addresses stakeholdersKAMPALA — The Uganda Development Bank has secured a 40 million euro credit line, approximately 169 billion shillings, from the French Development Agency to expand financing for enterprises across the country.The facilit
The Tilenga oil fields development project is located in the Lake Albert region of Uganda.KAMPALA — Uganda’s Lake Albert development has passed a decisive technical threshold, with drilling at the Tilenga oil field now exceeding the minimum capacity required to trigger commercial produ
Kampala – Prominent Ugandan journalist, media entrepreneur and STEM advocate Arinaitwe Rugyendo (Dr. Deo Rugyendo) has been awarded a Doctor of Philosophy (PhD) in Journalism and Communication at the 76th Graduation Ceremony of Makerere University.Dr. Rugyendo successfully defended his t
Beyond the clouts, the video endorsements by different legislators especially the new comers making rounds on social media and the rushed CEC resolution backing Speaker Anita Among and Deputy Speaker Tayebwa’s to continue with their roles in the 12th parliament amidst protests from several CEC
Apac, Uganda: Residents of Atar Village in Abedi Parish, Apac Sub-county, have openly accused officers attached to the Uganda Police Force of facilitating the escape and questionable release of two suspected criminals, sparking outrage and deepening mistrust in local security structures.Th
KAMPALA — The Uganda Communications Commission has trained 1,800 boda boda riders in an ambitious drive to transform the country’s informal transport sector into a digitally integrated workforce. Through its Beera Ku Digital initiative, the commission is executing a structural intervention de
Shock gripped Pallisa District after a nine-year-old Primary Two pupil allegedly committed suicide following the recent deaths of both parents, prompting calls for increased counseling support for orphaned children.Nine Year Old Timothy Okello laid to rest at Komolo village in Akisim sub c
South African bonds extended gains as investors positioned for Finance Minister Enoch Godongwana's budget presentation on Feb. 25. Morgan Stanley said the budget could reinforce fiscal consolidation and further compress the risk premium on sovereign debt. The bank described the upcoming fiscal up
The Bank of Uganda recently kept the Central Bank Rate (CBR) unchanged at 9.75 per cent, signalling its confidence in the price stability experienced in the economy today.The Monetary Policy Committee (MPC) assessed that the current policy stance remains appropriate to support economic act
Joseph Nsubuga, chief executive officer of Mirai Insurance Uganda, said the company is focused on simplifying this change for all motorists, regardless of their technical proficiency.KAMPALA, Uganda — Mirai Insurance has launched an extensive educational campaign to assist motorists as t
