Business
Learn, Grow, Protect Your Finances: A Financial Wellness Class by UAP Old Mutual and PostBank Uganda

Learn, Grow, Protect Your Finances: A Financial Wellness Class by UAP Old Mutual and PostBank Uganda

UAP Old Mutual is partnering with PostBank to organize a financial wellness class hosted on Twitter Spaces, Facebook as well as Zoom and YouTube. The webinar themed "Learn, Grow, Protect Your Finances,” will be moderated

Breaking news
Airtel Money Uganda hit by Ugx30 billion heist  – reports indicate

Airtel Money Uganda hit by Ugx30 billion heist – reports indicate

News reaching Codered Uganda's news desk is that unidentified, but believed to be powerful hackers on Friday, October 28 broke into Airtel Mobile Commerce Uganda Limited (AMCUL) systems— making off with an amount estimated be

Business
Shilling gains slight momentum

Shilling gains slight momentum

There was some activity was seen during Friday’s overall session with the shilling gaining marginally to close the day’s session at the 3800/3810 levels as month-end inflows outweighed demand side activity, a report by Catherine

Technology
Africa’s first self charging electric vehicle unveiled by Agilitee, setting up continent for GreenTech revolution

Africa’s first self charging electric vehicle unveiled by Agilitee, setting up continent for GreenTech revolution

Africa’s number one Electric Vehicles Manufacturer, AI and GreenTech Giant Agilitee has finally unveiled Africa’s first self-charging full electric car in Africa. In February 2022 the company announced that it would release this car later

Business
Unstoppable: Dr Lamba’s rise above persecution to build a 20 billion empire

Unstoppable: Dr Lamba’s rise above persecution to build a 20 billion empire

The story of Agilitee’s founder, the African Billionaire who built a $20 billion green technology & AI firm, reads like a tale encapsulating the spirit of defying the odds, self-determination, commitment and unparalleled consistency. It

Markets
Bank of Uganda to auction UGX 285billion as shilling loses ground  

Bank of Uganda to auction UGX 285billion as shilling loses ground  

Volatile trading during an overall quiet Friday session saw the shilling losing some ground to close the day a tad weaker at the 3810/3820 levels driven by pockets of interbank and Corporate demand, a report

Business
Uganda’s GDP growth slows to 4.9% as import taxes decelerate – Absa report indicates

Uganda’s GDP growth slows to 4.9% as import taxes decelerate – Absa report indicates

Uganda’s real GDP expanded 4.9% in the second quarter of the year, marginally weaker than the previous quarter’s 5.1%, following a marked moderation in import taxes, according to the SSA Macroeconomics Research Instant Insights Report

Markets
NEC completes and hands over Greater Masaka Presidential Youth Hub

NEC completes and hands over Greater Masaka Presidential Youth Hub

Eng Brian Buhanda, the General Manager -NEC Construction Works and Engineering Ltd (NEC Works) has handed over the Greater Masaka Presidential Industrial Youth Hub to Eng Raymond Kamugisha -Director -Industrial Hubs Projects under State House

Markets
UNBS simplifies and translates food standards into Alur and Acholi. Targets Micro, Small and Medium Enterprises in Northern Uganda.

UNBS simplifies and translates food standards into Alur and Acholi. Targets Micro, Small and Medium Enterprises in Northern Uganda.

The Uganda National Bureau of Standards (UNBS) with support from Advance Afrika under the Action for Livelihood Enhancement in Northern Uganda (ALENU) Project, has simplified food standards into easy-to-use guidelines and translated them to local

Business
NWSC Rolls out E-Bills

NWSC Rolls out E-Bills

The National Water and Sewerage Corporation (NWSC) is phasing out physical bills and has introduced electronic-billing. The exercise is being piloted in a select NWSC service areas in Kampala. The Government of Uganda through the

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