Category: Business

Union Minister Piyush Goyal asks startups to focus on high-tech sectors like robotics and AI

Union Minister Piyush Goyal asks startups to focus on high-tech sectors like robotics and AI

Commerce and Industry Minister Piyush Goyal on Thursday (April 3, 2025) asked the Indian startup community to shift their focus from grocery delivery and ice cream making to to high tech sector like semiconductor, machine learning, robotics, and artificial intelligence.He also said there is a ne

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‘There are no winners’: global companies respond to Trump tariffs

‘There are no winners’: global companies respond to Trump tariffs

From UK tailors to Australian farmers to Irish whiskey distillers, firms reveal the impact of US measuresDonald Trump’s sweeping tariffs will upend global trade, adding costs and delays to businesses around the world and threatening a recession.The Guardian spoke to eight businesses about

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Client-Centric Cybersecurity: Bridging The Gap Between Threats And Clients

Client-Centric Cybersecurity: Bridging The Gap Between Threats And Clients

As CEO, Chris Schueler drives the overall vision and strategy for Cyderes - a global Cyber Defense and Response services provider.Imagine leading a mid-sized manufacturing company tasked with overhauling your cybe

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Umeme Says It’s Been Compelled to Hand Over Electricity Distribution; Considers Arbitration in London

Umeme Says It’s Been Compelled to Hand Over Electricity Distribution; Considers Arbitration in London

Umeme insists that the government’s audit undervalues the company’s investment and has formally notified authorities of a dispute under Section 9.1 of the Support AgreementInside and outside the Ntinda substation in Kampala, where Umeme replaced obs

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The likely future of UEDCL

The likely future of UEDCL

FILE PHOTO: A Umeme worker sorts a problem. March 31st is a turning point for Uganda in the electricity distribution sectorHow this well-structured and managed organization may turn into a political battlefield, leaving Ugandans in th

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Umeme Official Leaks a Fresh Massive Scandal Among MPs & Umeme Management

Umeme Official Leaks a Fresh Massive Scandal Among MPs & Umeme Management

A major controversy has erupted after revelations that Parliament initially approved USD 190 million for the Umeme buyout, despite the actual cost being USD 127 million.The shocking disclosure was made by Jonan Ki

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Court Orders Sale of Emerald Hotel over ABSA Loan

Court Orders Sale of Emerald Hotel over ABSA Loan

Kampala, Uganda – The Court of Appeal has directed the appointed receiver to audit and sell Emerald Hotel in Kampala within six months under court supervision.This decision overturns a prior High Court judgment

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	What Will Happen to 90% of UMEME Staff Amid UEDCL Takeover

What Will Happen to 90% of UMEME Staff Amid UEDCL Takeover

Big changes are happening in Uganda’s electricity sector as UMEME’s 20-year concession officially comes to an end on March 31. With this shift, many people have been concerned about what will happen to UMEME workers.

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Centenary Bank Staff Shocks Nation, Caught on Camera Reporting to Work Drunk

Centenary Bank Staff Shocks Nation, Caught on Camera Reporting to Work Drunk

A shocking video has emerged of a Centenary Bank staff member, identified as Bernard, reporting to work in a drunken state.The video, which has been circulating on social media, shows Bernard slumped over his desk

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Meet the Ugandan Ministers Who Own Multi-Million Dollar Homes Abroad

Meet the Ugandan Ministers Who Own Multi-Million Dollar Homes Abroad

Several Ugandan ministers have amassed significant wealth, allowing them to own multi-million dollar homes abroad. These luxurious properties reflect their status and success, often sparking public interest and scrutiny.One notable example is Captain George Mike Mukula, the National Resist

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