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Xrated Money

Prime Minister Ruhakana Rugunda welcomes Uber to Uganda

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The citizens of Kampala were introduced to Uber on 02 June 2016, with Kampala being the 462 city to offer people the chance to get a ride at the tap of a button, at an affordable price. Alon Lits, General Manager for Sub-Saharan Africa Uber says, “Ugandans have been extremely …

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MPs question MTN’s new Mobile Money loans

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Members of Parliament expressed discomfort with the new move by MTN to start taking savings and lending money to Ugandans. The MPs also raised issue over consumer protection from services offered by telecom companies. This week mobile telephone giant MTN announced that it would partner with Bank of Africa to …

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How Bebe Cool used President Museveni to get Kampala Tycoons to his Concert

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Kampala,tycoons want to see the president and ask him for a bailout, Bebe cool wants money from them, there is always a meeting point. The hardest person to see in this country is the president, even ministers take months at times without seeing him or seeing him on TV, you …

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MUBS student says she was robbed by her Uber driver

Nokia Maps is seen on a smartphone in front of a displayed logo of Uber in Zenica, Bosnia and Herzegovina, in this May 8, 2015 photo illustration.   REUTERS/Dado Ruvic

A Makerere university business school student only Identified as Josephyn Flore, has claimed she was over the weekend robbed by her Uber driver and thrown out of the cab. This is the first robbery case in Uganda, in what has become Uber’s biggest Nightmare in other countries. The vetting of …

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Bobi wine Unveils second plaza.When will Bebe cool build a house?

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Singer Bobiwine who is also an aspiring politician who wants to represent Kyandondo East in parliament is the never ending testimony to what determination and perseverance can do for  success, he came from nothing, from a family with so many siblings his father would forget some. He is the only …

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UBC LAND SALE: MP Margaret Muhanga says Parliament is wasting time chasing wind

Burahya County NRM Member of Parliament Margaret Muhanga Mugisa

Burahya County MP Margaret Muhanga has scoffed at Parliament’s decision to question her over a scandal in which she is accused of fraud and disobeying court orders in executing a land transaction. “Hey stay cool. The Supreme Court, the highest in the land already made a ruling on the UBC …

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President Museveni to revive Uganda Airlines, years After it was sold off

President Museveni has announced plans to revive an airline he said was not making business sense, he says this is because circumstances have changed. “In these five years, Uganda will encourage the setting up of a National Airline. Ugandan travellers are suffering because of, apparently, not having a National Airline. …

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Uganda’s newest E-Payment platform Pebuu hailed as market leader

Leading E- Payment platform, Pebuu, is emerging as a leading online payment platform in Uganda. Pebuu which stormed the market at the start of the year is a Pan-African electronic depositing and bill payment solution provider that allows for everyday cash deposits and settlements at a single portal. Having gained …

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Government increases taxes on fuel

Government has announced an increase in excise duty on diesel and petrol by 100 Shillings in the new financial year. Excise duty on sweets and confectioneries has also been increased to 20 percent. Also increased is stamp duty on transfer of property from 1percent to 1.5 percent, registration fees for …

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