Electricity distribution shifts from private to public hands
The government of Uganda is committed to meeting Umeme Limited’s buyout amount before the electricity distributor’s concession runs out at the end of March...
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"If There Is Any Money in the Budget for Me and the Speaker's Clothing, Remove It" – Thomas Tayebwa
The Deputy Speaker of Parliament Thomas Tayebwa has asked that no public money be used to buy his clothes after concerns were raised about the 2025/2026 national budget w...
Man Sentenced to Two Years for Withdrawing She848million Mistakenly Deposited in His Account
In a landmark ruling at the Nakasero-based Anti-Corruption Court, Justice Lawrence Gidudu sentenced Ronald Jimmy Ajuk, proprietor of Smart Parking Technology, to two year...
Excessive govt local borrowing starves private sector of creditÂ
A report by the European Investment Bank indicates that excessive government domestic borrowing has severely impacted the private sector, with many borrowers left with no...
To cap or not to cap interest rates
The Parliament has passed a law mandating the Minister of Finance to prescribe a maximum interest rate that money lenders may charge their borrowers. Not surprisingly, th...
‘We’re aware the boda market is built on trust’
Imagine you’re running an asset financing business in Europe and think, “Why not give East Africa a shot?†So you do the research, fi...
Vuni, Kaluusimann and the tales of adventure bikers
Yes, you have seen the big, monstrous BMW 1200cc and 1250cc bikes at a place near you. Talk about adventure bikes and the first person many people will remind you of is J...
World investor week: Reflecting on financial fitness and future planning
The World Investor Week 2024Â is an annual week that allows us to reflect on the past year's investments, assess our progress toward future goals, and fine-tune retirem...
Why corporate boxing could be a game changer
Imagine Bebe Cool in the blue corner, his Silent Majority shouting Big Size, with Kasepiki, Bogolako blaring through the roof of Lugogo Indoor Arena. And in the...
Uganda’s Tea Prices Reach $1.02 at Mombasa Auction
Uganda’s tea prices at the Mombasa Tea Auction have been holding steady for the past seven weeks, with the latest sale, Number 45, ending on November 5, 2024, at a...