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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Uganda receives first batch of injectable HIV prevention drug
Uganda has received its first 19,200 doses of Lenacapavir, a twice-yearly injectable HIV prevention drug supported by the Global Fund and PEPFAR, targeting high-burden di...
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...
Ex-minister’s widow allowed to challenge ownership of Sh17bn Muthaiga land
The widow of former minister Arthur Kinyanjui Magugu has been allowed to pursue a case challenging the ownership of a parcel of land in Nairobi worth Sh17 billion.The Env...
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...
Twenty students to benefit from Shs 3.85bn Africa STEM scholarships
At least 20 students from underprivileged backgrounds are set to benefit from scholarships worth Shs 3.85 billion to pursue science and technology degree programmes at le...
Shs350m NICU equipment boosts Lira Hospital’s newborn care capacity
Lira, Uganda: Lira Regional Referral Hospital has received Neonatal Intensive Care Unit (NICU) equipment worth Shs350 million, a major boost expected to strengthen care f...
UWA Defends UGX10Bn Helicopter Plan as James Musinguzi Explains Bigger Conservation Strategy
The debate over Uganda Wildlife Authority’s (UWA) UGX10 billion request to purchase a helicopter recently intensified, with Members of Parliament questioning the cost a...
Rotary District 9213 launches $500,000 Mama Toto programme to support maternal, child health in Uganda
Rotary International President Francesco Arezzo, accompanied by his wife Anna Maria, is on a three-day visit focused on service projects and fellowship engagements. Right...
Insurance players tipped to leverage booming Ugandan economy
With oil production expected to start soon, Dr Julius Kipng’etich projected even stronger growth over the next two to three decades, potentially transforming Uganda int...