Tag Archives: Capital

By Benoni Okwenje Uganda’s economic transformation over the last three decades has not been accidental. It has been driven by deliberate policy choices: market liberalization, exchange rate flexibility, and openness to capital flows. As Uganda advances toward middle-income status supported by oil production, regional integration, and financial sector deepening, the case for maintaining and strengthening these pillars is compelling. The …

Mukono-The Ministry of Kampala Capital City and Metropolitan Affairs in collaboration with relevant MDAs and development partners have commenced a Quality Assurance Review (QAR) in Mukono District Local Government under the Greater Kampala Metropolitan Area Urban Development Program (GKMA-UDP) as part of the Annual Performance Assessment (APA III) process. The review aims to ensure the accuracy, consistency, and adherence to …

Mukono District, with support from State House of Uganda, has engaged finalists from the Mengo Zonal Presidential Industrial Hub to orient them on the new guidelines ahead of the disbursement of startup capital to begin their businesses as Leaders encouraged the youth to make productive use of the opportunity, work together, embrace a saving culture, and focus on becoming employers …

A simmering domestic and corporate battle has erupted within one of Kenya’s most influential business families, pitting Peter Munga, the founder of Equity Bank Group, against his wife, Rose Njambi Munga, in a Ksh640 million ($5 million, UGX 17.4bn) legal fight over shares in Britam Holdings Plc. The case, now before the High Court in Nairobi, centers on 75 million …

  A major financial scandal has erupted in Uganda’s microfinance sector after Hon. Rose Obinga, the Woman Member of Parliament for Terego District, personally stormed the offices of Premier Credit Limited in Arua City. In a viral, high-tension video, the “tough-talking” legislator accused the subsidiary of The Platcorp Group of operating a calculated debt trap that allegedly exploits poor civil …