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African-American pledges support for Uganda’s economy

African-American pledges support for Uganda’s economy

A delegation of African-American development partners from the Afreeka Exodus Foundation has expressed commitment to contributing to Uganda’s economic development.Led by Dr. Larry Wells, Sydney Nicholas, and Markeeta Starr, the team met with Ambassador Abbey Walusimbi, Senior Presidentia

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Stanbic Consumer Conference Warns Raw Export , Govt Rallies Behind Agro-Industrialisation

Stanbic Consumer Conference Warns Raw Export , Govt Rallies Behind Agro-Industrialisation

The Stanbic Consumer Conference rang bells over Uganda’s slow progress towards agro-industrialisation, as government officials, financial leaders, and policymakers gathered to confront the challenges undermining the country’s agricultural potential.Held under the theme “Accelerating

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AGRA Rallies Local Investments for African Agricultural Transformation Amid Shifting Dev't Landscape

AGRA Rallies Local Investments for African Agricultural Transformation Amid Shifting Dev't Landscape

Agriculture development agency AGRA has reiterated its unwavering commitment to transforming African agriculture, emphasizing the need for enhanced investment in smallholder farmers against a backdrop of increasing global instability and evolving development support.The recent shift in glo

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Pride Microfinance Celebrates Becoming Bank

Pride Microfinance Celebrates Becoming Bank

Officials have hailed the 30 year transformation journey of Pride Microfinance which has seen it transform into a tier two bank.Speaking during a dinner held at Kampala Serena Hotel on Friday, The Pride Bank, board chairman, Fred Jachan Omach said the bank celebrates three remarkable decad

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Absa Enhances its Digital Offering With Instant Loans, Online Account Opening

Absa Enhances its Digital Offering With Instant Loans, Online Account Opening

Absa Bank Uganda today unveiled two new digital innovations, digi loans and online account opening, aimed at meeting the growing demand for fast, convenient, and paperless banking.The digi loan allows eligible customers to instantly borrow between shs20,000 and shs 2 million with

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Rethink Development: PDM Is More Than Just Handouts

Rethink Development: PDM Is More Than Just Handouts

The Parish Development Model (PDM) is a promising initiative, but it risks becoming just another cash distribution scheme unless the government rethinks its broader development strategy, renowned economist Dr Fred Muhumuza has cautioned.Appearing on NBS Morning Breeze, Muhumuza argued that

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NSSF Outperforms Regional Peers, Proves Ugandan Efficiency

NSSF Outperforms Regional Peers, Proves Ugandan Efficiency

The National Social Security Fund (NSSF) has posted record-breaking operational efficiency, outshining regional peers and challenging stereotypes about Ugandan managerial competence.Speaking during the Eastern Regional Employer Engagement in Mbale, NSSF Executive Director Patrick Ayota ann

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Donald Trump insists there will be NO tariff exemptions in dramatic policy reversal

Donald Trump insists there will be NO tariff exemptions in dramatic policy reversal

President Donald Trump took to Truth Social to clarify that China - which is embroiled in an escalating trade war with the US - will not be exempt from tariffs on electronics and semiconductorsDonald Trump preparing to watch a UFC bout in Miami, Florida

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URA to Hire 1,269 New Staff to Boost Tax Collection

URA to Hire 1,269 New Staff to Boost Tax Collection

The Uganda Revenue Authority (URA) is set to recruit 1,260 new staff members to enhance tax collection efforts, particularly targeting high-net-worth individuals in industries such as construction, transport, and professionals.This move aims to increase revenue collections and reduce depen

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Billionaires' ball! Global tech and media moguls Mark Zuckerberg, Bill Gates and Rupert Murdoch are joined by their wives on the red carpet at prize ceremony in wake of Trump's tariffs

Billionaires' ball! Global tech and media moguls Mark Zuckerberg, Bill Gates and Rupert Murdoch are joined by their wives on the red carpet at prize ceremony in wake of Trump's tariffs

Global tech and media moguls have graced the red carpet with their wives for a glitzy prize ceremony.Mark Zuckerberg, Bill Gates and Rupert Murdoch were all spotted at the 11th Breakthrough Prize awards in Barker Hanger in Santa Monica.The billionaires led the charge on the red carpet, dazzl

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