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UDB secures 40 million euros to expand financing for women and youth-led ventures

UDB secures 40 million euros to expand financing for women and youth-led ventures

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

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UCC trains 1,800 boda boda riders to drive Uganda’s digital economy

UCC trains 1,800 boda boda riders to drive Uganda’s digital economy

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

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SH1.3 TRN INVESTED…1.4BN PROFITS! UDC Bleeds Cash as 8 out of 10 Govt Firms Sink Into Losses

SH1.3 TRN INVESTED…1.4BN PROFITS! UDC Bleeds Cash as 8 out of 10 Govt Firms Sink Into Losses

Uganda Development Corporation was created to be the State’s industrial engine, the strategic investor that would put public money into commercially viable ventures and drive Uganda’s transformation. Instead, the latest Auditor General’s report paints a troubling picture of a corporation po

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Greater Masaka Journalists Urge President Museveni to Release Promised GREMAJA SACCO Funds

Greater Masaka Journalists Urge President Museveni to Release Promised GREMAJA SACCO Funds

Journalists from the Greater Masaka region have appealed to President Yoweri Kaguta Museveni and State House Comptroller Jane Barekye to expedite the disbursement of promised funding to their savings and credit cooperative (SACCO), known as GREMAJA SACCO.The call comes from over 100 journa

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Political policing in Museveni’s Uganda: what it means for the 2026 elections

Political policing in Museveni’s Uganda: what it means for the 2026 elections

Police officers at the entrance to National Unity Platform headquarters in Kampala in 2021. Photo by Yasuyoshi Chiba/AFP via Getty ImagesUganda’s police have long faced criticism for politically charged interventions. These include episodes in which lethal force has been used in ways tha

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How Uganda’s police became Museveni’s political weapon ahead of the 2026 elections

How Uganda’s police became Museveni’s political weapon ahead of the 2026 elections

Research shows Uganda’s police operate as a pillar of the ruling NRM, shaping campaigns, suppressing opposition and mobilising youth ahead of the 2026 elections, raising concerns over partisan policing.How Uganda’s police became Museveni’s political weapon ahead of the 2026 elections

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MTN Mobile Money loans on track to reach Shs 2.5 trillion

MTN Mobile Money loans on track to reach Shs 2.5 trillion

2025 has been of both challenges and opportunities. We’ve continued to deepen access to our services and extend financial inclusion to the underserved. By the end of this year, we’re looking at over 14.5 million individual users, which is a significant jump from 13.8 million in 2024. Our targ

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Barron Trump’s Astonishing Wealth: How the President’s Son Racked Up a $150M Net Worth

Barron Trump’s Astonishing Wealth: How the President’s Son Racked Up a $150M Net Worth

It makes sense why President Donald Trump would have a 

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Nankabirwa Writes to Nabbanja: UEDCL Crisis ‘Too Big To Hide’

Nankabirwa Writes to Nabbanja: UEDCL Crisis ‘Too Big To Hide’

The Energy Minister argued that ignoring performance deficiencies would endanger the electricity sector more than confronting them, especially given mounting public frustration.Uganda’s Energy Minister Ruth Nankabirwa has defended her directive for a full board-led investigation into sta

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Uganda’s recoverable oil reserves rise to 1.65 billion barrels.

Uganda’s recoverable oil reserves rise to 1.65 billion barrels.

Uganda’s petroleum sector has reported an increase in the country’s estimated oil and gas reserves, according to Ernest Rubondo, Executive Director of the Petroleum Authority of Uganda (PAU), a government agency that regulates the sector.According to Rubondo, the latest assessments ind

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