Union expands beyond transport into e-commerce and digital lending
Union Transport Alliance has expanded beyond its traditional transport operations, entering Uganda’s e-commerce and digital lending space with the launch of Union Online Duuka, a platform that will allow customers to shop, sell products and access financing. The platform that was launched yesterday at Hotel Africana was developed in partnership
Women call for greater male involvement in family planning to reduce unsafe abortions
Women at Nakiwogo and Guuda landing sites have called for greater involvement of men in family planning decisions, saying male partners often influence whether women use contraceptives and whether they continue with unintended pregnancies. The call was made during discussions on family planning and unintended pregnancies, where participants highlighted limited
Rwandan insurer moves to seize Roko’s Uganda proceeds over Shs14.8bn debt
A Rwandan insurance company has secured a major legal breakthrough in Uganda in its efforts to recover Shs14.8 billion owed by Roko Construction Rwanda Ltd, paving the way for the debt to be enforced against the company’s interests in Uganda. The High Court Commercial Division in Kampala has recognised and
Arsenal victory kicks off Coca-Cola’s Premier League experience in Uganda
The return of the English Premier League has given Ugandan football fans another reason to celebrate, with Coca-Cola unveiling a season-long partnership designed to bring the league’s excitement closer to its growing fan base in the country. The partnership was launched as Arsenal got their Premier League title defence off
Imam Seyyed Ali Khamenei and his Vision-2025
Introduction The people of Iran as the bedrock of the Islamic Revolution have endured 47 years of ongoing cost-of-living crisis because of 47 years of sanctions. They have endured hardships of low economic growth and hyperinflation, with patience. The Imam had developed Vision-2025, which needs to be carried forward because
Shilling weakens as corporate dollar demand persists
The Uganda shilling weakened slightly against the US dollar during the week as sustained corporate demand for foreign currency outweighed available inflows, although increased receipts from commodity exporters and remittances helped limit the losses. The local currency closed the week at Shs3,715/3,725 per US dollar, compared with Shs3,705/3,715 at the
NCBA, MAT Abacus launch programme to strengthen Ugandan SMEs
Fifty Ugandan small and medium enterprises have been selected for a one-year programme aimed at equipping business owners with practical skills, mentorship and support to strengthen their operations and achieve sustainable growth. The Enterprise Development Programme, launched at Fairway Hotel in Kampala on August 20, is designed to help participating
The Youth Dividend or the Youth Deficit? Why Uganda’s Financial System Must Adapt or Become Obsolete
There is a troubling assumption embedded within Uganda’s financial system: young people are simply not worth the risk. To many banks, microfinance institutions and investors, young people represent a weak investment proposition. They often lack collateral, guarantors, credit histories and the financial portfolios that make established corporate clients attractive. Viewed
Bukenya Sulaiman: Building a business empire while championing Buganda culture
At a time when Uganda’s young entrepreneurs are increasingly venturing beyond traditional businesses, Bukenya Sulaiman has sought to combine entrepreneurship with cultural preservation and community empowerment. Born on February 15, 1986, Bukenya is an entrepreneur, philanthropist and cultural advocate who has built business interests spanning electronics, hospitality, agro-processing, real estate
Stanbic Bank, Rotary Sign Shs 600 Million Partnership to Support Maternal and Child Health
For a woman in labour, the distance to the nearest health facility can mean the difference between life and death. Even after reaching a facility, her survival may depend on whether a skilled health worker is available, the right equipment is functioning and an effective referral system is in place
