KAMPALA, Oct 19 The trading arm of the Toyota
Group has invested $4 million in Ugandan start-up Tugende,
saying it hopes the firm's loans to small, independent
businesses will also help customers buy the carmaker's vehicles.
KAMPALA Ugandan pop star and presidential hopeful Bobi Wine said security forces raided his office on Wednesday and confiscated documents, branding items and cash amid what the opposition says is a campaign of harassment by the government.
KAMPALA, Oct 14 Uganda's central bank said on
Wednesday foreign-based banks do not need its license to lend
funds originating abroad, reassuring an industry jolted by a
court ruling last week that declared some syndicated loans
involving foreign banks illegal.
KAMPALA, Oct 8 Banks in Uganda plan to appeal a
court ruling issued on Wednesday that has effectively declared
illegal certain syndicated loans - representing at least $1.5
billion worth of debt - an industry body said on Thursday.
KAMPALA, Oct 7 Ugandan police said on Wednesday
they were investigating the hacking of a firm that processes
mobile money transactions for two telecoms firms, including a
unit of South Africa's MTN group.
BUWAMA, Uganda In a run-down residential compound in Kampala, Vanessa Nakate thrusts her fist in the air as she rallies 30 young demonstrators to defend their planet against climate change. | Video
KAMPALA, Sept 22 Uganda's public debt surged
20.5% in the 12 months to June as the east African country
soaked up new credit to help deal with the economic impact of
COVID-19, the central bank said on Tuesday.
KALAGALA, Uganda For decades, farmers hungry for land and families needing firewood whittled away at Uganda's forests, home to endangered gorillas, elephants and chimpanzees. | Video
KAMPALA Prisoners in a Ugandan jail overpowered their guards and 219 of them escaped with at least 15 guns, but two were killed after security forces launched an operation to recapture them, a military spokeswoman said on Thursday.
KAMPALA Uganda said on Thursday it would reopen its sole international airport to commercial flights on Oct. 1, more than five months after its closure as a measure to curb the spread of the novel coronavirus in the East African nation.