News
Ugandan Fintechs Grapple with Financing
Financial technology (Fintech) companies are encountering difficulties in obtaining capital for business expansion, as per a report from the Financial…
Mobile Money Loans Reach Record Monthly Lending of UGX 31 Billion
Mobile Money subscribers borrowed UGX 31.44 billion in August, as reported by the Ministry of Finance. These loans, characterized by…
Alleged Chinese Gangsters Accused of Laundering $228 Million through Business Linked to Former Minister
A transnational crime syndicate has been accused of laundering $228 million in illicit funds and cryptocurrency through a business that…
Uganda’s Tax Revenue Hit by Manufacturing and Spirits Sales Decline
In a report released by the Ministry of Finance on Monday, it was revealed that a decline in manufacturing and…
Ugandan Envoy in China Calls for Investment and Cultural Exchange
Ambassador Judyth Nsababera, the Consul General of Uganda in Guangzhou, China, emphasized the investment potential of Uganda during an event…
2023 Digital Impact Awards Africa: Recognizing Pioneers of Digital Transformation
More than 20 businesses and individuals are set to be acknowledged for their contributions to the realm of digital transformation…
