Business •
23 Apr '25
Economic gains from artificial intelligence will boost global output by around 0.5% a year between 2025 and 2030, outweighing the costs of rising carbon emissions by the data centres needed to run AI models, the International Monetary Fund said on Tuesday.An IMF report released at its annual spr
Business •
22 Apr '25
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
Business •
22 Apr '25
Pope Francis, the first Latin American leader of the Roman Catholic Church, has died, the Vatican said in a video statement on Monday, ending an often turbulent reign marked by division and tension as he sought to overhaul the hidebound institution.He was 88, and had recently survived a se
Business •
14 Apr '25
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
Business •
12 Apr '25
If you're anything like me, the first hint of warmer weather signals one very important wardrobe shift: it's time to retire the denim (for now) and let a white cotton poplin skirt take centre stage. Lightweight, breathable and effortlessly elegant, this throw-on staple becomes the backbone of my sum
Business •
08 Apr '25
WASHINGTON (Reuters) - American families of victims of the October 7, 2023, attacks on Israel filed a lawsuit on Monday against a prominent Palestinian-American businessman, Bashar Masri, charging that he provided assistance in constructing infrastructure that allowed Hamas militants to carry out th
Business •
08 Apr '25
Little Matvei was walking back home from the park with his mother when Vladimir Putin's ballistic missile struck and killed her.The eight-year-old boy was knocked to the ground and woke not knowing that Vita, 50, was among the 19 who died on Saturday in the strike on Kryvyi Rih, the home city of
Business •
07 Apr '25
Residents of Moroto Municipality have expressed deep frustration over the prolonged delays in electricity supply, blaming the Uganda Electricity Distribution Company Limited (UEDCL) for not fulfilling promises made over the past seven years.Despite repeat
Business •
07 Apr '25
Man United had the better chances at Old Trafford but a forgettable contest against Manchester City got the result it deserved.United endured another frustrating day in front of goal at Old TraffordMaybe there will come a time when Man
Business •
06 Apr '25
The Uganda Revenue Authority (URA) is set to recruit 1,260 new staff members to enhance tax collection efforts, particularly targeting high-net-worth individuals in industries such as construction, transport, and professionals.This move aims to increase revenue collections and reduce depen