Business •
27 Jan '26
The cracks inside Standard Chartered Bank are no longer whispers — they are now headline news.As the British banking giant retreats from struggling markets, its top executives are heading for the exit and its once-proud retail empire in Uganda has collapsed into a fire sale.In the
Business •
20 Dec '25
The Russian leader issued a chilling warning following the Ukrainian drone attack in the Mediterranean.Russian President Putin Hosts Annual Call-In-Show, 'Direct Line With Vladimir Putin'Russian President Vladimir Putin (Image: Getty)Vladimir Putin has warned that Moscow will
Business •
24 Nov '25
Russia's economy is facing a "time bomb", as sanctions escalate and interest rates remain high. Businesses around the country are struggling to pay back loans and are fighting to stave off bankruptcy.Firms have watched on helplessly as interest rates were hiked to 21% towards the end of 20
Business •
15 Nov '25
The number of foreigners kidnapped by jihadists in Mali has reached a record high, with at least 22 taken hostage by the al-Qaeda affiliate group JNIM in the last six months, as part of its strategy to undermine the ruling junta.Between May and October the Group for the Support of Islam an
Business •
14 Nov '25
Drone attack in export hub Novorossiysk fuels supply worriesBeijing/Singapore — Oil prices jumped about 2% on Friday on supply fears after a Ukrainian drone attack hit an oil depot in the Russian Black Sea port of Novorossiysk, a major export hub.Brent crude futures rose $1.24, or
Business •
28 Oct '25
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
Business •
26 Oct '25
A distinguished older man with a dramatic white beard and styled hair wears a thick, luxurious fur coat and a heavy chain necklace, gazing upward against a clear turquoise sky.Many of us are chronic over-apologizers. For some, it’s due to people-pleasing or the aftermath of having dealt
Business •
20 Oct '25
MTN Mobile Money (U) Ltd (MTN MoMo) and partners have launched a nationwide cybersecurity awareness campaign under the theme “Securing the Future: The Rise of AI” to educate customers on safe digital practices amid rising cyber threats.Speaking at a p
Business •
26 Aug '25
President Donald Trump has said he will immediately remove Federal Reserve official Lisa Cook from her position, a major escalation in his battle against the US central bank.In an announcement made on his social media platform Truth Social, Trump posted a letter addressed
Business •
25 Aug '25
At the VISA-Uganda Bankers Association (UBA) Cybersecurity Summit 2025 held on August 20, 2025, at the Sheraton Hotel in Kampala, the Criminal Investigations Directorate (CID) delivered a sobering revelation: cybercrime is no longer a distant threat but a sophis