For Museveni, memory of his past holds the key to youthful support
President Museveni’s claim to power rests in large part on history – the hold with which the country’s dark past grips it citizens
Uganda Business News
New Vision warns of full-year loss, blaming weak post-pandemic recovery
The government-controlled media group warned it will post a net loss for the year to June because of the weak economic recovery from the Covid-19 pandemic
Fintech startup raises seed funding to step up low-cost credit to farmers
Venture capitalists have provided $2.4mn to Emata, a Ugandan financial technology startup that provides low-cost digital loans to farmers through partnerships with cooperatives
The role of private investors in Africa’s clean energy transition
Africa has enormous potential for clean energy, and investing in the sector can be a win-win for investors and the continent
Parents to win Shs100mn in Stanbic back-to-school cashback promotion
Parents paying school fees for their children via FlexiPay or Stanbic Bank’s agent banking channels to win cash prizes worth Shs100 million
Tilenga Project achieves safety milestone as it logs 20 million work hours incident-free
TotalEnergies EP Uganda achieved 20 million work hours without lost time incidents on the Tilenga project in August, another key industry milestone
BoU deputy governor’s speech at the launch of Islamic banking in Uganda
Deputy governor says Islamic banking will promote financial inclusion and expand product range
BoU grants Salaam Bank first Islamic finance licence
Salaam Bank Ltd was granted Uganda’s first Islamic banking licence, weeks after the president assented to the final piece of legislation paving way for the banking method
Trade deficit narrows on higher gold exports
Increase in gold exports in July allowed outbound merchandise to outpace a gain in goods imports
Heatwaves, droughts, and neglected diseases – climate change’s toll on Africa
As global warming intensifies in Africa, the region faces mounting risks, from heightened migration pressures to the increased threat of infectious diseases.