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
Passengers were forced to evacuate a Delta Air Lines flight from Orlando to Atlanta after the plane’s engine caught fire Monday. The Airbus A330 plane was about to leave the tarmac at the Orlando International Airport in Florida when a fire was reported in one of the engines, according to the airl
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 •
22 Apr '25
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
Business •
22 Apr '25
Pope Francis, the first Latin American leader of the Roman Catholic Church, has died, the Vatican said in a video statement on Monday, ending an often turbulent reign marked by division and tension as he sought to overhaul the hidebound institution.He was 88, and had recently survived a se
Business •
22 Apr '25
The Papal Nuncio to Uganda, Archbishop Luigi Bianco, has officially communicated the death of a prince of the Catholic Church to the Archbishop of Kampala, Paul Ssemwogerere, and to the entire Catholic community in Uganda.In a solemn message, the nuncio relayed that Pope Francis, at exactl
Business •
22 Apr '25
Uganda has joined the global Catholic community in mourning the death of His Holiness Pope Francis, describing him as a unifying and compassionate spiritual leader whose legacy will live on in the hearts of Ugandans.In an official statement on Monday, the Minister of ICT and National Guida
Business •
22 Apr '25
Archbishop Paul Ssemogerere has issued a stark warning against the rising tide of dishonesty, betrayal, and moral decline in Uganda.Preaching during Easter Monday Mass at Lubaga Cathedral, he lamented the deepening culture of greed and selfish ambition, urging the faithful to recommit to t
Business •
22 Apr '25
Following the death of Pope Francis on Easter Monday, just a day after blessing thousands in St. Peter’s Square, the Catholic Church now faces a moment of profound transition.The papal conclave a solemn and secretive gathering of cardinals will soon begin in the Vatican to elect the next
Business •
14 Apr '25
The Ministry of Public Service has unveiled a plan for a massive salary enhancement strategy targeting all public servants across Uganda—a move projected to cost taxpayers over UGX688.9 billion.This proposal is detailed in the 2025/2026 Ministerial Poli