Business •
20 Nov '24
(Kampala) â Uganda owes $433,582 (UGX 1.679 billion) in ground rent arrears to Kinshasa authorities for a commercial property in the Democratic Republic of Congo (DRC). Despite having the funds, the payment remains stuck due to unclear instructions from the DRC side, raising fears of property s
Business •
15 Nov '24
The Parliament has passed a law mandating the Minister of Finance to prescribe a maximum interest rate that money lenders may charge their borrowers. Not surprisingly, the moneylenders’ association has “rejected” the new law, arguing that the government has no right to control what doe
Business •
13 Nov '24
Friday Quarterfinal Results:• Bugabula 1-0 Busiki• Budiope 0-2 BukonoSaturday Quarterfinal Results:• Kigulu 0-1 Buzaaya• Bunha 1-3 Butembe Budiope team line upBugabula Stuns Reigning Champions BusikiIn Friday’s headlining match, Bugabula eliminated d
Business •
11 Nov '24
Rebecca Namulondo, 9, had a chilling premonition of impending doom. In an emotional revelation, Godfrey Wamunyokoli, a Mathematics and Science teacher at the Salama School of the Blind, 40km east of Kampala in Luga Village, Kisoga Sub-county, Mukono District, shared a chilling detail abo
Business •
09 Nov '24
At a glance, The Big We is a book that appears to spread the Ugafuturist-vision. But then you read the subtitle: “A Blueprint for Sustainable Growth of The Local Construction Industry in Uganda.” The author later clarifies that the BIG WE is an acronym for ‘Business Development, In
Business •
09 Nov '24
A U.S. judge on Friday set aside pending deadlines in President-elect Donald Trump's 2020 election subversion case after federal prosecutors said they were grappling with the "unprecedented circumstance" of his impending return to the White House. U.S. District Judge Tanya Chutkan in Was
Business •
09 Nov '24
A United Nations Security Council committee on Friday sanctioned two generals in Sudan's paramilitary Rapid Support Forces for destabilizing the country through violence and human rights abuses. They are the first U.N. sanctions in the current war in Sudan, which erupted in April 2023 fr
Business •
08 Nov '24
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
Business •
08 Nov '24
(Nairobi) – A woman, known for showcasing her lavish lifestyle on social media, has been arrested in connection with a multi million dollar gold scam. The suspect, whose car, a Mazda CX 5 with registration number KDL 727 A, was also impounded by the Directorate of Criminal Investigations (DCI), is
Business •
08 Nov '24
Salva Kiir Mayardit has served as South Sudanâs president since the countryâs independence in 2011. South Sudanâs secession from Sudan came on the heels of a long and bloody civil war that resulted in a referendum on independence. The initial optimism about the new state f