Business •
23 Apr '25
Economic gains from artificial intelligence will boost global output by around 0.5% a year between 2025 and 2030, outweighing the costs of rising carbon emissions by the data centres needed to run AI models, the International Monetary Fund said on Tuesday.An IMF report released at its annual spr
Business •
22 Apr '25
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
Business •
08 Apr '25
Little Matvei was walking back home from the park with his mother when Vladimir Putin's ballistic missile struck and killed her.The eight-year-old boy was knocked to the ground and woke not knowing that Vita, 50, was among the 19 who died on Saturday in the strike on Kryvyi Rih, the home city of
Business •
06 Apr '25
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
Business •
06 Apr '25
Government is set to bolster the operations of Bugisu Cooperative Union (BCU) with coffee value addition equipment to enhance the profitability of farmers and revive the cooperative movement in Eastern Uganda.While speaking at the union’s 64th Annual General Meeting in Mbale on Friday, S
Business •
06 Apr '25
Global tech and media moguls have graced the red carpet with their wives for a glitzy prize ceremony.Mark Zuckerberg, Bill Gates and Rupert Murdoch were all spotted at the 11th Breakthrough Prize awards in Barker Hanger in Santa Monica.The billionaires led the charge on the red carpet, dazzl
Business •
05 Apr '25
A quarter of US merchants are adding or planning to offer QR payments in the next three years with slightly higher proportion of UK merchants following the same trend. But the spread of QR codes in retail is not only about payments. More than 80% of retailers believe offering QR code scanning for pr
Business •
04 Apr '25
After a prolonged legal battle, musician Bruno K has emerged victorious in his case against Black Market Records.The High Court has ruled in his favor, ordering the record label to compensate him with UGX 130 million for copyright infringement and wrongful withholding of his royalties.
Business •
04 Apr '25
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
Business •
04 Apr '25
Aussie mum Raquel Boris has built a fragrance empire that's earned legions of beauty fans worldwide.Now, the founder of genderless perfume house Who is Elijah? can count celebrity model Sofia Richie-Grainge among the list of customers that adore the brand's best-selling unisex fragrance, Nomad.