Business •
13 Nov '25
JUBA — South Sudan’s powerful Vice President, Dr. Benjamin Bol Mel, has been dismissed from all his government, military, and party positions following damning United Nations findings accusing him of orchestrating the large-scale plunder of the country’s oil wealth.A series of presid
Business •
13 Nov '25
Gold rose for a fifth straight session on Thursday to hit its highest in more than three weeks, buoyed by expectation that the U.S. government reopening will restart the flow of economic data and boost bets for further interest rate cuts.Gold rose for a fifth straight session on Thursday t
Business •
12 Nov '25
Profit-taking saps metal’s strengthBengaluru — Gold prices slipped on Wednesday, pulled down by a rebound in the dollar and profit-booking after bullion rose to a near three-week high in the previous session on the expectation of interest rate cuts by the Federal Reserve next month.
Business •
12 Nov '25
Nearly two years after the World Bank Group suspended new funding to Uganda over the enactment of the Anti-Homosexuality Act, the international lender has lifted the ban.Deputy Speaker of Parliament Thomas Tayebwa was among the first to welcome the development, congratulating the Ministry
Business •
11 Nov '25
The Central Bank sold yuan on the domestic market in the amount of 9.6 bln rubles with settlements on November 7, 2025MOSCOW, November 11. /TASS/. The Bank of Russia sold yuan on the domestic market with settlements on November 10, 2025, in the amount of 9.5 bln rubles ($117 mln), accordin
Business •
11 Nov '25
A European NGO has offered €10,000 (UGSh 40 million) for a decisive tip leading to tracing Dutch national Sophia Koetsier, who disappeared in Uganda in 2015.On October 28, 2015, 21-year-old Dutch national Sophia disappeared in Murchison Falls National Park, Uganda. Despite several search
Business •
11 Nov '25
Rot In Health Ministry: Parliament Exposes 18yr Scandal In Donor-Funded ProjectsThe Ministry of Health has come under renewed fire in Parliament over a string of stalled, donor-funded projects some delayed for nearly two decades raising fears that the newly proposed cancer centres in Arua
Business •
08 Nov '25
Fitch Solutions expects a slight weakening of the Ghana cedi to the US dollar before the end of December 2025The cedi is currently trading at GH¢12.00 to one dollar at the forex bureau and selling at GH¢10.92 on the interbank market.The cedi has been one of the best-performing cur
Business •
08 Nov '25
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
Business •
07 Nov '25
The Industrial Court of Uganda has ordered the Uganda Revenue Authority (URA) to pay a total of UGX 51 million to its former manager of compliance, David Kalemera, after concluding that the URA failed to grant him a fair hearing during his termination process.In the award delivered Nov. 4,