Oil companies are like a nation — they need everything from everything. If you can set up shop near them, they will buy everything from you,” Kagimu explainedKAMPALA, Uganda — Malaysia’s Honorary Consul in Uganda, AlHaj Habib Kagimu, has urged local entrepreneurs to strategically p
Russian Deputy Prime Minister Alexander Novak said earlier that Moscow and Beijing had raised the share of payments in national currencies to 99%Russia and China carry out 99.1% of trade transactions in their national currencies, Russian Finance Minister Anton Siluanov told the Rossiya-1 T
Gold held around $4 000 an ounce after a weak start on Monday, after China ended a long-standing tax rebate for some retailers in a change that could weigh on demand in one of the world’s largest precious-metals markets.Bullion for immediate delivery rose 0.1%, after falling as much as 1
Bengaluru — Gold held steady on Monday, kept in check by a strong dollar as investors dialled back bets for further Federal Reserve rate cuts in the near term, while easing US-China trade tensions also crimped bullion demand.Spot gold was flat at $4,000.65/oz by 5.04am GMT. US gold futur
How government’s borrowing spree is leaving citizens bearing the country.At dawn, the roar of engines rises above the quiet streets of Entebbe as David Tumusiime, 47, prepares for his daily commute to Kampala. Like thousands of other motorists, he joins the line snaking toward the Enteb
Denis Tukahikaho Ph.D. is an expert on Cooperatives, Financial Inclusion and Renewable Energy InvestmentKAMPALA – The Green Climate Fund (GFF) has approved a USD 31 million (UGX 107.7 bn) as a result-based payment for Uganda in recognition of measurable success in reducing deforestation
How the rivalry between the two Gulf carriers has contributed to the growth of the local aviation industryEmirates and Qatar Airways, the two Gulf carriers dominating the global aviation industry are flexing muscles over the fast growing Ugandan market. Every week thousands of Ugandans dep
Oppo is reportedly preparing to launch the Oppo Find N6.Oppo appears ready to take on Samsung once again in the premium foldable space. The Chinese smartphone maker is reportedly preparing to launch the Oppo Find N6, a next-generation book-style foldable designed to challenge the Samsung G
Well now it appears that the shoe is on the other foot as Russia is directly supplying Venezuela with offensive and defensive weapons, just as NATO and the US have been directly supplying Ukraine in their proxy war against Russia.Venezuelan President Maduro has asked Russia, China and Iran
Singapore — Oil prices eased on Friday, heading for a third consecutive monthly decline, as a stronger dollar and weak China data capped gains while rising supply from major producers globally offset the effect of Western sanctions on Russian exports.Brent crude futures slipped 36c, or 0
