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Tesla shares tumble ahead of first-quarter earnings report

Tesla shares tumble ahead of first-quarter earnings report

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

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Massive Pay Rise Looms For All Public Servants As Gov’t Tables UGX688.9 Billion Salary Plan

Massive Pay Rise Looms For All Public Servants As Gov’t Tables UGX688.9 Billion Salary Plan

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

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Lady Gaga fans in awe of elaborate Coachella set: ‘Like being there when the pyramids of Giza were built’

Lady Gaga fans in awe of elaborate Coachella set: ‘Like being there when the pyramids of Giza were built’

The 39-year-old star headlined the Friday night of this year’s festival in Indio, Californiain Los AngelesLady Gaga fans have praised the star’s headline performance at Coachella, with one writing on social media that just watching the elaborate set being built was “like being there wh

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Flavia Tumusiime Appointed Head of NTV, Spark TV, KFM at Just 36

Flavia Tumusiime Appointed Head of NTV, Spark TV, KFM at Just 36

Flavia Tumusiime has been appointed Head of Broadcast at Nation Media Uganda. In her new role, she will oversee NTV Uganda, Spark TV, KFM, and Dembe FM.Flavia began her media journey on the Teens Club show at WBS TV and has since worked across television

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UCU Kagando University College Graduands Tipped on Integrity, Professionalism

UCU Kagando University College Graduands Tipped on Integrity, Professionalism

The Permanent Secretary in the Ministry of Education and Sports, Canon Dr. Kedrace Turyagyenda, has charged graduates of Uganda Christian University Kagando University College to exhibit a high level of professionalism, integrity, and willingness to learn.Dr. Turyagyenda made the remarks t

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Nine Books That Should Be Read With A Box Of Tissues To Hand

Nine Books That Should Be Read With A Box Of Tissues To Hand

"I cried just describing that book to my husband.""The last three chapters made me absolutely bawl my eyes out." –Key_Objective4426About the book: We follow our narrator, who lives alone and has no one for company other than his cat, Cabbage. His life is suddenly turned around when he

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Keith Kalyegira appointed Absa Bank's board chairperson

Keith Kalyegira appointed Absa Bank's board chairperson

Absa Uganda has appointed  Keith Kalyegira as the new chairman of the bank's board, effective 1 March 2025.Kalyegira is a highly respected and seasoned advisor on strategy, investments, and capital markets, with a wealth of experience cutting across both the public and priva

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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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Client-Centric Cybersecurity: Bridging The Gap Between Threats And Clients

Client-Centric Cybersecurity: Bridging The Gap Between Threats And Clients

As CEO, Chris Schueler drives the overall vision and strategy for Cyderes - a global Cyber Defense and Response services provider.Imagine leading a mid-sized manufacturing company tasked with overhauling your cybe

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Umeme Says It’s Been Compelled to Hand Over Electricity Distribution; Considers Arbitration in London

Umeme Says It’s Been Compelled to Hand Over Electricity Distribution; Considers Arbitration in London

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 replaced obs

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