The use of Movable Property as collateral to secure loans under the Security Interest in Movable Property Registry- SIMPO has gained momentum among the Ugandan population despite the low publicity resulting from the COVID-19-induced lockdown. Information from the Uganda Registration Services Bureau-URSB indicates that since this year began up to
Read MoreMonth: December 2024
Every December each year, cattle traders from all over the East African Community states flood Karamoja cattle markets to buy animals. However, with only two weeks left to Christmas, a move around cattle markets in Karamoja shows the lack of business due to the limited number of cattle. Abraham Loi, a South
Read MoreBoda Boda riders have explained the recently released data which showed that only a small number of them had driving permits and logbooks to prove eligibility to ride on the roads and the ownership of the motorcycles. The report released by the State Minister for Kampala Kabuye Kyofatogabye indicates that
Read MoreAfrican Dev’t Bank Commits Shs1.1 Trillion To Renovate Uganda’s Meter Gauge Railway & Bolster Regional Trade
The Kampala-Malaba Meter Gauge Railway will boost regional trade The African Development Bank Group is providing $301 million (UShs1.12 trillion) to overhaul the Kampala-Malaba Meter Gauge Railway (MGR) in Uganda. The railway line is part of the East African Community’s Northern Corridor linking the capital, Kampala, to Kenya’s coastal city
Read MoreCouncilors in Kampala have protested against Presidential directives on markets which they say undermine their efforts to legislate on management of markets and other matters in the city. The protest was staged during a council sitting called by the authority speaker Zahara Luyirika at City Hall on Friday. In attendance
Read MoreThe organic farming community in Uganda has appealed to the government not to let up on its stand on the genetically modified organisms (GMO) technology. The decision by the Kenyan cabinet in October to lift the ban on the importation of GMO foods rattled the region’s farming fraternity, on fears
Read MoreApproximately 50 women entrepreneurs, who qualified for the Business Accelerator Program launched in August this year, participated in the first ever Business Accelerator Program (BAP) Peer Visit which was held at The Consortium for enhancing University Responsiveness to Agribusiness Development Ltd (CURAD) and Uganda Industrial Research Institute (UIRI). The visit,
Read MoreA new cap on the price of Russian oil will "immediately cut into Putin's most important source of revenue," the US has said. US Treasury Secretary Janet Yellen said the cap - which was officially approved by Western allies on Friday - came after months of hard work. The cap
Read MoreA team from ministry of water and environment on friday fled for their lives from angry residents in Katakwi district who threatened to beat them up for alleged shoddy work on a 500million Shilling valley tank. The ministry officials had gone to plant couch grass for controlling erosion at the
Read MoreSuspicion and speculation are rife among security intelligence forces after Muwonge Ssalongo, a suspect arrested in Kampala over last weekend’s shooting at security personnel at Kapeeka town council, Nakaseke district, was found hanging in a cell in Tororo Police station. A number of security officers in the violent and intelligence forces
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