Access to working capital finance for startups, micro, small and medium enterprises (MSMEs) in Uganda is still an impediment for the growth of MSMEs. In Uganda, only 10% of micro and MSMEs can access bank loans or a line of credit for their operations as captioned in the IFC Market Bite Uganda report of November 2021. Clients under HopeStone Africa…
Read More
With the asking price of Ugx 74 billion, the Gayaza-Kampala Road-based multi-billion Akamwesi shopping mall was found listed for sale on SMERGERS a Private Market Network for Businesses. The mall’s sales advert was listed under a premium plan in Uganda’s Building, Construction and Maintenance category on the said website. “Asking Price: UGX 74 billion (Native Currency: USD 19,000,000) Reason: –…
Read More
East African Community Headquarters, Arusha, Tanzania, 29th March, 2022: The Democratic Republic of the Congo (DRC) has today joined the East African Community (EAC) becoming its 7th Partner State. The Summit of EAC Heads of State at their 19th Ordinary Summit held on Tuesday, 29th March, 2022 admitted DRC following a recommendation by the Council of Ministers. The Chairperson of…
Read More
Kampala, Tuesday, March 29, 2022 – The Uganda National Bureau of Standards (UNBS) has launched the Edible Insects Standard, US 2146:2020 Edible Insects –Specification, in collaboration with Makerere University School of Food Technology, Nutrition and Bio-Systems Engineering (Food Science) with support from the International Centre of Insect Physiology and Ecology (ICIPE). The standard is aimed at promoting safe consumption of…
Read More
This was revealed at UWEC, in the presence of the UWA ED, Mr. Mwandha, UWEC ED Mr Musinguzi and the Town clerk of Entebbe Mr Magumba at the Uganda wildlife conservation and education Centre in Entebbe. …..Flanked by his Deputy Katukiro, Owek Osman Noor Ahmed and other kingdom ministers, the Kyabazinga expressed interest in establishing a kingdom owned conservation centre…
Read More
Turning into an electronic fraud case, Ham’s DTB case has once again escalated swallowing the Aga Khan Founder and Chairman, and more three (3) Diamond Trust Bank Officers in the new criminal summons issued by the Buganda Road Magistrate Court as of 13th September 2021. Those summoned include; Prince Karim, Nassim Muhamed Devji- Group Chief Executive Officer and Managing Director…
Read More
Female Candidates have outshined male candidates in the recently released UACE Results. On Friday, the Uganda National Examination Board released the 2020 UACE Results in a function presided over by the Minister of Education and sports, Janet Kataha Museveni. According to the Board executive secretary Dan Odongo, The females outperformed the male candidates despite their “Female candidates although fewer, performed…
Read More
Following the closure of Forest Mall and Shoprite, Kampala Deputy Resident Commissioner in charge of Nakawa, Burora Herbert Anderson has set a number of conditions for reopening of the giant shopping centers. The two entities have been closed over the failure to observe the Covid-19 standard operating procedures. In the letter to the managing directors of the two organizations, Burora…
Read More
AS celebrations for the Eid El-Fitr closes in, OBB supported by Telecom giant, MTN Uganda handed over food items to the Muslim community in Busoga ahead of Eid El-Fitr as part of its Ramadan drive. This support underscores the long standing relationship that the telecom giant has had with both OBB and the Muslim community as they observe the holy…
Read More
An emoji is worth a thousand words but only if you can find the right one. An enormous number of people around the globe want social network emojis to be more inclusive and culturally distinct so they can show how they feel and communicate fairly as per their desires and intentions, according to a new Adobe study. Adobe’s latest Global Emoji Diversity &…
Read More