Business

Text content

By Our reporterKAMPALA – Uganda Money Lenders Association has embarked an operation to weed out unregistered money lenders they claim have tainted the business.The drive follows President Yoweri Museveni’ directive to the Attorney General to ensure that specific laws are introduced to criminalize the errant money lenders.  During his State of the Nation address and […]

ENTEBBE – President Yoweri Kaguta Museveni who is also Commander-in-Chief of the Uganda Peoples’ Defence Forces (UPDF), has advised retired generals to invest their retirement packages in lasting assets and resist the temptation to squander their hard-earned funds.” That retirement package is very good for you, do not gamble,” the President urged during a retirement […]

MBUYA – Maj Gen Bob Ogiki, Joint Staff Policy and Planning in the Uganda Peoples’ Defence Forces (UPDF), has hailed the UPDF legal team for its key contributions to the force.He singled out the teams’ development of the UPDF Establishment 2021, the UPDF Amendment Bill 2024, and establishment of Land Offices at the Division level. […]

PARLIAMENT – The Minister of State for Finance, Planning and Economic Development (General Duties), Hon. Henry Musasizi has clarified that the women’s project, Generating Growth Opportunities and Productivity for Women Enterprises (GROW) funds are loans and not grants.Musasizi said this while responding to a matter of national importance raised by Gulu City Woman Member of […]

PARLIAMENT – Energy and Mineral Development, Hon. Ruth Nankabirwa has urged Parliament to support more investment in last mile electricity connections to support Uganda’s value addition agenda.“Electricity is very critical and the limitations on distribution is a common phenomenon in the entire country, where we have the national grid passing through our constituencies but with […]

By Our reporterMBARARA – This was revealed today as His Excellency Olesegun Obasanjo, the former President of Nigeria paid a courtesy call on President Yoweri Kaguta Museveni.President Museveni also took H.E Obasanjo on a tour to Pearl Dairy Farms Limited in Mbarara City and later joined Kiruhura and Kazo farmers at Kaaro in Kiruhura District.H.E […]

By Our reporterLt Gen Kayanja Muhanga, Commander Land Force, has urged leaders of the Uganda Peoples’ Defence Forces (UPDF) and Wazalendo SACCO to protect the savings scheme from corruption following recent instances of fund mismanagement.Speaking at the conclusion of a two-day strategic retreat organised by Wazalendo’s Board of Directors, Lt Gen Kayanja highlighted the need […]

By Our reporterPARLIAMENT – The Speaker of Parliament, Anita Among, has hailed the Uganda Parliamentary Sacco for its continuous expansion following a Shs9.6 billion growth in 2024, which is a 15 percent increase from last year’s Shs8.3 billion. In a speech read on her behalf by the Minister of State for Trade, Industry and Cooperatives, Hon […]

Archbishop of the Church of Uganda[center] and members of Post Bank