Category: Business

Your Money Needs Discipline, Not Just Dreams

Your Money Needs Discipline, Not Just Dreams

There’s nothing worse than looking back at your life and realising you misused money that could have changed your future.Last week, we talked about giving your money a job. I hope your wallet had a productive week. But now, let’s talk about something even mor

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Govt Eyes Billions in New Taxes on Beer, Cigarettes

Govt Eyes Billions in New Taxes on Beer, Cigarettes

Henry Musasizi, Minister of State for Finance, presented the seven Tax Bills to Parliament’s Finance Committee, outlining the government’s strategies to boost revenue amidst economic pressures.The Ugandan Ministry of Finance has proposed significant tax hikes

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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 r

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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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