Tesla shares fell almost 6% on Monday, a day ahead of the electric vehicle company's first-quarter earnings report, as analysts fret over "ongoing brand erosion."The stock closed at $227.50 leaving it less than $6 above its low for the year on April 8. The shares are now down 44% for the year af
The National Social Security Fund (NSSF) has posted record-breaking operational efficiency, outshining regional peers and challenging stereotypes about Ugandan managerial competence.Speaking during the Eastern Regional Employer Engagement in Mbale, NSSF Executive Director Patrick Ayota ann
Uganda continues to lose significant revenue from the artisanal and small-scale mining (ASM) sector due to rampant informality and weak regulatory enforcement, the Advocates Coalition for Development and Environment (ACODE) has said.Despite being rich in minerals, Uganda has failed to tran
Senator Dave McCormick spoke to Brian Kilmeade about how President Trump and Elon Musk are doing the public good with DOGE. Plus, McCormick on his new book "Who Believed in You: How Purposeful Mentorship Changes the World"The Department of Government Efficiency (DOGE) announced $51 million in cu
Must-have items include toilet wipes, eye drops, bandaids, fans, and sunglassesAhead of the opening weekend for Coachella 2025, festivalgoers are doing everything they can to ensure they’re ready for the hot, dusty daytime climate and the chill breeze at night for the best experience possible
Tesla Inc. chief Elon Musk ’s wealth has slipped below $300 billion for the first time since November as the indiscriminate fallout from President Donald Trump ’s tariffs punishes even those closest to him.Musk lost $4.4 billion on Monday after Tesla stock extended losses, taking his total f
Residents of Moroto Municipality have expressed deep frustration over the prolonged delays in electricity supply, blaming the Uganda Electricity Distribution Company Limited (UEDCL) for not fulfilling promises made over the past seven years.Despite repeat
Additionally, MTN Uganda launched special voice bundles tailored for the central region, encouraging the public to communicate, share business opportunities, and exchange health knowledge. Customers could dial *100*21*1# to access 35 minutes at only 1,000 UGX.MTN Uganda proudly jo
The Uganda Revenue Authority (URA) is set to recruit 1,260 new staff members to enhance tax collection efforts, particularly targeting high-net-worth individuals in industries such as construction, transport, and professionals.This move aims to increase revenue collections and reduce depen
China Town, a supermarket in Kampala has opened a new store at Akamwesi Mall along the Kampala- Gayaza Road.Speaking during the opening ceremony on Thursday, Kawempe Division Resident City Commissioner, Hajji Noor Njuki Mbabali hailed the Chinese store for creating employment for Ugandans
