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Tariffs, Crashing Equities, Recession? - What On Earth Is Going On?

Tariffs, Crashing Equities, Recession? - What On Earth Is Going On?

I’ve spent much of the past quarter of the year zigzagging across Europe and the US, cursing Vladimir Lenin as I went. He is reputed to have coined the phrase ‘there are decades where nothing happens; and there are weeks where decades happen’, which in turn has been repeated back to me whereve

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Trump’s tariff formula confounds the world, punishes the poor

Trump’s tariff formula confounds the world, punishes the poor

Just R20 for the first month. Support independent journalism by subscribing to our digital news package. Image: REUTERS/Kent Nishimura Ridiculed for imposing trade tariffs on frozen islands largely inhabited by penguins, US President Donald Trump's formula for calculating the levi

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‘There are no winners’: global companies respond to Trump tariffs

‘There are no winners’: global companies respond to Trump tariffs

From UK tailors to Australian farmers to Irish whiskey distillers, firms reveal the impact of US measuresDonald Trump’s sweeping tariffs will upend global trade, adding costs and delays to businesses around the world and threatening a recession.The Guardian spoke to eight businesses about

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Court Orders Sale of Emerald Hotel over ABSA Loan

Court Orders Sale of Emerald Hotel over ABSA Loan

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

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Alien Skin Dismisses Pallaso’s Relevance, Opposes Ring Fight with Fik Gaza

Alien Skin Dismisses Pallaso’s Relevance, Opposes Ring Fight with Fik Gaza

Singer Alien Skin has weighed in on the ongoing dispute between Pallaso and Fik Gaza, dismissing the idea of a ring fight between the two artists.Alien Skin stated that Pallaso is “faded” and does not need to engage in a boxing match with Fik Gaza.This statement comes after Pall

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Arua City Secures Shs4.8bn for Displacement-Affected Communities

Arua City Secures Shs4.8bn for Displacement-Affected Communities

The project, funded by the European Union through Cities Alliance, is being implemented in partnership with Associazione Centro Aiuti Volontari.Arua City Council has secured Shs4.8 billion for the implementation of the Sustainable Urban Integration of Displacemen

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Arab leaders approve $53bn alternative to Trump's Gaza plan

Arab leaders approve $53bn alternative to Trump's Gaza plan

BBC | A $53bn (£41.4 billion) reconstruction plan to rival President Donald Trump's idea for the US to "take over Gaza" and move out more than two million Palestinians has been approved by Arab leaders at an emergency summit in the Egyptian capital Cairo."The Egypt plan i

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Key M7 Minister Says He Won’t Apologize for Taking Hotel Africana Owner BMK’s Property To Recover Money He Lent To One Of The Deceased BMK’s Sons

Key M7 Minister Says He Won’t Apologize for Taking Hotel Africana Owner BMK’s Property To Recover Money He Lent To One Of The Deceased BMK’s Sons

Using a court order and court bailiffs (of Mutesasira Associates), Minister Balaam Barugahara has become the owner of part of the BMK estate. He is particularly moving to have a huge apartment block located along Plot 46 Mulamula road in Buziga sold off via publ

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Electricity distribution shifts from private to public hands

Electricity distribution shifts from private to public hands

The government of Uganda is committed to meeting Umeme Limited’s buyout amount before the electricity distributor’s concession runs out at the end of March, Ziria Tibalwa Waako, the chief executive officer of the Electricity Regulatory Authority (ERA), has s

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Kiryowa, Ggoobi names appear in plot to arrest accountant general Semakula

Kiryowa, Ggoobi names appear in plot to arrest accountant general Semakula

An investigation into the recent arrest of accountant general Lawrence Semakula and eight other Finance ministry staff has drawn in the names of Kiryowa Kiwanuka and Ramathan Gggobi as being at the centre of a conspiracy to mudsling and punish Semakula. 

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