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
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
WASHINGTON (Reuters) - American families of victims of the October 7, 2023, attacks on Israel filed a lawsuit on Monday against a prominent Palestinian-American businessman, Bashar Masri, charging that he provided assistance in constructing infrastructure that allowed Hamas militants to carry out th
Hello and welcome back to our regular feature where we write a little bit about some of the games we've been playing. This week, Bertie gets his starchiest white shirt on and descends into the corporate purgatory of The Stanley Parable, cleansing himself in the nearest river in between, while Tom O
Airtel Uganda has reinforced its commitment to providing superior network connectivity by commissioning five newnetwork sites in Kabale Municipality.Speaking at the commissioning event, Airtel Uganda’s Sales Director, Mr. Wongani Muthayi, emphasized the company
Speaking at the Diaspora Exchange Forum hosted by Equity Bank, under the theme “Re-Routing Back Home: Funds Transfer for Powering Personal and Continental Growth,” Prof. Nuwagaba explained that the high cost of borrowing to develop electricity infrastructure makes lower electrici
With just eight months until Uganda’s 2026 general election cycle begins, political parties are under growing scrutiny for their slow preparations.While the ruling National Resistance Movement (NRM) and the Democratic Party (DP) have already mapped out their election strategies, key oppo
Absence of streetlights on the Arumparthapuram bypass has made commuting difficult for vehicle users, especially at night.The bypass, laid to ease traffic congestion on the Puducherry-Villianur Road, was thrown op
As the 2026 presidential and parliamentary elections draw closer, the battle for the Lwemiyaga County parliamentary seat is intensifying.The incumbent MP, Theodore Ssekikuubo, has fired at his closest rival, retir
A senior military officer in Uganda has warned the Uganda People’s Defence Forces (UPDF) to stay neutral in political matters as the country moves closer to the 2026 general elections.Maj. Gen. Felix Busizoori, the Commander of the 4th Infantry Division, emphasized that the army must rem
