Gold (GC=F) futures sat near $4,000 per ounce on Friday, remaining steady after last month’s sharp sell-off but raising questions over where the precious metal is headed next.Gold is still on pace for its best year since 1979, driven by central bank purchasing and increased inflows into
How the rivalry between the two Gulf carriers has contributed to the growth of the local aviation industryEmirates and Qatar Airways, the two Gulf carriers dominating the global aviation industry are flexing muscles over the fast growing Ugandan market. Every week thousands of Ugandans dep
Hennessey Venom F5 EvolutionAmerica has long been known for its muscle cars, but when it comes to raw speed, U.S. automakers have built some of the fastest production cars ever made. It's the land of the free and the Fast & Furious, after all.From modern hypercars to classic pow
The UAE Ambassador to Uganda, HE Abdulla Salem Alshemeli, H.E Sheikh Sultan Jemai Al. Hindas, Director General of the Furjairah Chamber Commerce and Industry and the Prime Minister of Uganda Hon. Nabbanja Robinah and Hon. Dr Monica Musenero the Minister of Science Technology and Innovation Inform
The Affordable Housing Project promised dignity and stability for Kenya’s urban poor, yet gaps in delivery are fast exposing cracks in what was once hailed as a groundbreaking social revolution.In Nairobi’s New Mukuru Housing Estate, residents who once lived in congested shacks now enj
Russian stocks continued to plunge on Monday, fuelling fears of a major financial crisis following Donald Trump's swingeing new sanctions. The Kremlin has been rocked by the White House's decision last week to target its two largest oil companies in the latest sanctions package.Rosneft and
Why speed of the upswing has been much faster than analysts predicted and why the rally is likely to continue?COMMENT | LUKE HARTIGAN | The price of gold surged above US$4,100 (Approx. Shs14 million) an ounce (Approx.28g) on Oct.15 for the first time, taking this year’s extraordinary ral
President Yoweri Kaguta Museveni has hailed the late Joseph Tamale Mirundi for amplifying the message of the National Resistance Movement (NRM) in the media.Mr. Mirundi was a prominent political analyst and author who one time served as the Presidential P
IRAN has executed a nuclear scientist accused of passing sensitive information to Israel's Mossad amid an intensifying crackdown on alleged foreign spies.Roozbeh Vadi reportedly worked as a nuclear expert at the Atomic Energy Organisation of
Manifest TV, the official broadcast platform of Phaneroo Ministries, is now available on AfroMobile. This partnership marks a significant step in spreading the gospel to Ugandans here and those in the diaspora.Phaneroo, one of the most influential ministries in the region, is known for its
