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
The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) at 9.75% signalling a cautious “wait and see” approach in response to growing global economic uncertainty most notably the unresolved US-China trade tensions.The decision comes despite Uganda’s relatively strong econ
A newly released white paper by the Coalition Against Illicit Alcohol Uganda (CAIA-UG) in collaboration with Arrow Empirical Research Institute has uncovered a nationwide crisis, painting a sobering picture of the scale, causes, and consequences of illicit alcohol consumption in Uganda.Tit
A newly released white paper by the Coalition Against Illicit Alcohol Uganda (CAIA-UG) in collaboration with Arrow Empirical Research Institute has uncovered a nationwide crisis, painting a sobering picture of the scale, causes, and consequences of illicit alcohol consumption in Uganda.Tit
Tanzania East Africa Gateway Terminal Limited (TEAGTL), the private operator of Terminal 2 has successfully implemented the Fixed Berthing Windows (FBW) concept at the Dar es Salaam Port.This operational reform is being hailed as a transformational step in the modernization of Tanzania’s
Speaking at the Diaspora Exchange Forum hosted by Equity Bank, under the theme “Re-Routing Back Home: Funds Transfer for Powering Personal and Continental Growth,” Prof. Nuwagaba explained that the high cost of borrowing to develop electricity infrastructure makes lower electrici
The Mufti of Uganda, Sheikh Shaban Ramadhan Mubajje, has asked the government to ban TikTok. He says many people are misusing the social media platform to cause problems among Ugandans.
Spiro , one of Africa's largest EV players working with partners like Gnugrid CRB and Airtel Money have introduced the country's first AI electric motorcycle market.Under this new initiative, anybody connected to Airtel will be in position to initiate the whole process of obtaining a new m
Airtel Money and Mastercard have unveiled a new virtual card that enables customers in Uganda to shop using their mobile money account at more than 100 million merchants across 200 countries through Mastercard’s global network.Airtel Money Uganda Managing Director, Japhet Aritho hailed t
The National Drug Authority (NDA) has arrested three suspects for illegally vending human and veterinary medicines in open markets in Bukhaweka and Butilu, Namisindwa District.The suspects Kisubi Jamada, Ali Matovu, and Mutawa Clemensia were found selling classified medicines, including an
