News Uganda Credit: Uganda's president signs into law anti-gay legislation with death penalty in some cases
Uganda's president has signed into law new anti-gay legislation supported by many in the East African country but widely condemned by rights activists and others abroad ...
News Uganda Credit: Ugandan President Signs Anti-Gay Law That Includes Death Penalty as a Punishment
The legislation is among the most restrictive of its kind in the world and was condemned by Western leaders and the United Nations human rights body.
News Uganda Credit: As anti-gay sentiment grows, more LGBTQ+ people seek to flee Uganda
Frightened LGBTQ+ Ugandans are searching for a way to escape a new law prescribing the death penalty for 'aggravated homosexuality ...
News Uganda Credit: Anti-LGBTQ laws should be condemned whether they are passed in Uganda or Texas
"Restricting access to this potentially life saving care for trans Americans might be less plainly abominable than the new law in Uganda, but it is horrific and wrong nevertheless." ...
News Uganda Credit: Uganda’s powdered milk to hit Algerian market this year - DDA
Officials at Dairy Development Authority (DDA) have assured farmers and all partners in the dairy industry that Uganda is soon penetrating into Algeria with the country’s powdered milk as the East African nation seeks to expand its market.While releasing the annual dairy performance report for the year 2021/2022 in Kampala, Mr Samson Akankiza, the DDA executive director said there is a large market for dairy products in Algeria and Uganda being...
News Uganda Credit: Innovation, Technology Driving Change in Uganda’s Payment Industry
As the world becomes increasingly digitized, businesses are facing new challenges in payments acceptance. It’s critical for businesses to have a dependable and secure method of accepting payments from ...
News Uganda Credit: Uganda to ask Turkish firm to secure rail deal financing
Uganda will ask Turkish firm Yapi Merkezi to secure financing for a $2.2 billion rail link to the Kenyan port of Mombasa and is eyeing export credit agencies as potential sources, a senior official told Reuters.
News Uganda Credit: Uganda to hold off from external borrowing next financial year
KAMPALA, Feb 22 (Reuters) - The Ugandan government will not engage in any external borrowing in the financial year that starts in July to ease debt-servicing pressures, the finance ministry said. The East African country has been borrowing large amounts to finance energy, transportation and other infrastructure projects, banking on expected oil revenue to clear the debt. There has been growing
News Uganda Credit: Credit risks decline, loan approvals rise
Loan approvals to private sector grew during December signaling a decline in credit risks that had dominated much of 2022. The decline also signals a return of confidence with many businesses and ...
News Uganda Credit: This School Is Giving Ugandans Access To Business Skills, Banking, and Indigenous Education
The Tat Sat Community Academy is currently under construction in Kasasa, Uganda. The school and cultural institution will offer financial literacy and access to services for families and community ...
News Uganda Credit: Uganda says seeks to borrow 500 mln euros – finance ministry
KAMPALA, Nov 13 (Reuters) – Uganda is looking to borrow 500 million euros ($517.6 million)for budget spending through various credit options excluding a Eurobond issue, a finance ministry document shows. The proposed borrowing is likely to stoke fresh concern over Uganda’s ability to repay its rapidly expanding debt. As a percentage of gross domestic product, public debt […]
News Uganda Credit: ‘Ebola is real’: Uganda to trial vaccines and shut schools early to contain outbreak
Joseph Singiringabo has lost almost everything and everyone he held dear to Ebola. In a few short weeks, the 78-year-old lost his wife, his son, and a newborn granddaughter to the disease.
News Uganda Credit: About building efficient credit markets
From setting up industry standards for credit reporting, to educating borrowers and lenders about credit reporting, the to do list for the association is endless ...
News Uganda Credit: Uganda Reopens Schools After World’s Longest Covid Shutdown
Many countries have closed classrooms on and off, but Uganda had kept more than 10 million students at home since March 2020. Critics say it took a heavy toll.
News Uganda Credit: Demand for credit grows despite increase in interest rates
Commercial banks approved a total of 2.8 trillion Shillings in loan amounts in the three months ending October 2021, which indicates growth from the 2.2 trillion Shillings approved in the quarter that ...