Russian stocks continued to plunge on Monday, fuelling fears of a major financial crisis following Donald Trump's swingeing new sanctions. The Kremlin has been rocked by the White House's decision last week to target its two largest oil companies in the latest sanctions package.Rosneft and
The latest legal charges against Professor Wasswa Balunywa, a distinguished son of Busoga and former principal of Makerere University Business School (MUBS), have ignited widespread anger and unease across the Basoga community.Balunywa, who devoted decade
The second National ICT Summit concluded today at the National ICT Innovation Hub in Nakawa, wrapping up a successful two-day gathering focused on scaling Uganda’s digital economy through innovation and inclusion.Convened by the ICT Association of Uganda (ICTAU), with support from R
Uganda’s fight against illegal abortion faces a daunting adversary: an expanding underground network of brokers who charge up to Shs500,000 to secretly guide young girls into backdoor clinics.Operating in districts such as Mukono, Masaka, Mbale, Wakiso, Mengo,
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
Uganda’s tea prices at the Mombasa Tea Auction have been holding steady for the past seven weeks, with the latest sale, Number 45, ending on November 5, 2024, at an average price of $1.02 per kilogram (around sh3,760). This price mirrors that of the past two weeks, indicating stability in the mark
Insurance companies recorded an increase of Shs104.9b in gross written premiums in the first half of 2024. Details contained in the Insurance Regulatory Authority (IRA) performance report indicate that the sector expanded by 12.65 percent from Shs828.9b recorded in the half year ended Ju
A presidential assistant and four clerical staff in the Office of the President are being held for questioning as part of a wider investigation into alleged corruption at State House and the Office of the President. Monitor could not readily identify the clerical staff who are being held
Good grades and great learner welfare are key things parents look for before sending their children to any school. But to some school managers, their main motive for investing in the education sector is doing business. And to live up to this, they have come up with tactics to attract numbers
According to the National Emergency Coordination and Operations Centre (NECOC), a loose outfit for disaster risk monitoring and profiling, in the Office of Prime Minister (OPM), large swathes of the Mt Elgon ranges are uninhabitable owing to susceptibility to a
