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 •
14 Nov '25
Russia's economic crisis is intensifying with thousands of companies reportedly facing bankruptcy. Businesses have been hit by a double whammy of sanctions and high interest rates, since the outbreak of the full-scale war in February 2022.The key interest rate rose to a staggering 21% last
Business •
21 Oct '24
For several years, former Luwero LC5 Chairman Ronald Ndawula, who is also the incumbent district Chairman for the ruling NRM party, has been embroiled in a fierce court battle with Pakistani car dealer Qayyum Mazhar Quresh, whose Hiraa Traders Uganda Ltd purport
Business •
21 May '24
Bill Gates may be the world's fifth-richest person, but he doesn't plan to stay that way forever.The Microsoft cofounder said in 2022 that he "will move down and eventually off of the list of the world's richest people" as he
Business •
12 May '24
Bill Gates may be the world's fifth-richest person, but he doesn't plan to stay that way forever.The Microsoft cofounder said in 2022 that he "will move down and eventually off of the list of the world's richest people" as he