Business •
08 Apr '25
Ten British Nationals have been accused of deliberately shooting civilians in Gaza while serving with the Israeli military.The alleged war crimes include 'running a bulldozer over a dead body' and a vehicle demolishing part of a hospital.A report fronted by one of Britain's most prominent h
Business •
08 Apr '25
Tesla Inc. chief Elon Musk ’s wealth has slipped below $300 billion for the first time since November as the indiscriminate fallout from President Donald Trump ’s tariffs punishes even those closest to him.Musk lost $4.4 billion on Monday after Tesla stock extended losses, taking his total f
Business •
07 Apr '25
Music sensation, Ray G, has called upon Ugandans to raise UGX 1 billion in appreciation of legendary artist Jose Chameleone’s immense contribution to Uganda’s music industry.
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
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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
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31 Mar '25
Umeme insists that the government’s audit undervalues the company’s investment and has formally notified authorities of a dispute under Section 9.1 of the Support AgreementInside and outside the Ntinda substation in Kampala, where Umeme r
Business •
31 Mar '25
FILE PHOTO: A Umeme worker sorts a problem. March 31st is a turning point for Uganda in the electricity distribution sectorHow this well-structured and managed organization may turn into a political battlefield, leaving Ugandans in th
Business •
30 Mar '25
Kampala, Uganda – The Court of Appeal has directed the appointed receiver to audit and sell Emerald Hotel in Kampala within six months under court supervision.This decision overturns a prior High Court judgment
Business •
30 Mar '25
KAMPALA, Uganda — Uganda’s construction sector is facing a financial crisis due to the government’s failure to pay UGX 1.351 trillion in arrears to road contractors, according to Francis Mwijukye, Shadow Minister for Works and Transport.
Business •
30 Mar '25
President Yoweri Museveni once said that Uganda would not suffer if the United States cut its financial aid.“Let them keep their aid! Uganda will not suffer because of their money,” he declared boldly.