Spiro secures $50 million to expand electric bike network in Uganda
KAMPALA — Spiro, an electric mobility company with operations in Uganda, has secured $50 million in debt funding to expand its battery-swapping infrastructure and elect...
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dfcu Opens Namanve Branch as Bahati Urges Review of Lending Rates
dfcu Bank has opened a new branch in Namanve Industrial Park, positioning itself at the heart of one of Uganda’s fastest-growing manufacturing hubs, as government renew...
ORDER FROM ABOVE: Museveni Orders Archbishop To Cancel Besigye Prayers, Reasons Revealed
Held in prison for long, denied bail, denied access to his doctors for proper medication and now he’s been denied prayers organized at Lubaga Cathedral. This time not o...
South Africa Bond Rally Builds Ahead of February 25 Budget
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 re...
Youssou Diouf: Senegalese Striker Dies After Collapsing During Ligue 2 Match
Senegalese football — and indeed the wider African game — has been thrown into mourning following the tragic death of a promising strikerYoussou Diouf, who featured i...
Bank of Uganda maintains the central bank rate
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...
Uganda: Museveni Enacts Major Housing and Construction Reforms
President Museveni has signed into law three key pieces of legislation aimed at strengthening regulatory oversight in Uganda's construction, housing finance, and valuatio...
Museveni to commission Shs42bn new Lake Kyoga ferries in Buyende
President Museveni is set to commission Shs42bn Lake Kyoga ferries at Bukungu Landing Site in Buyende, boosting water transport, trade and connectivity between Busoga and...
Old Kampala SSS PTA Blasts Ministry of Education Over Alleged Irregularities and Head Teacher Misconduct
Mrs. Dorothy KabandaKAMPALA — The Parents and Teachers Association (PTA) of Old Kampala Senior Secondary School has expressed deep dissatisfaction with the Ministry of...
TikToker Pressure Allegedly Arrested Over Controversial Political Utterances
Popular TikToker Ibrahim Musana, commonly known as Pressure 24 Seven, is reportedly in trouble again following controversial political remarks made on TikTok.For the past...