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
Jennifer Lopez made a major change to her recent show-stopping performance in
With just eight months until Uganda’s 2026 general election cycle begins, political parties are under growing scrutiny for their slow preparations.While the ruling National Resistance Movement (NRM) and the Democratic Party (DP) have already mapped out their election strategies, key oppo
The Kampala Northern Bypass, a crucial road network linking different parts of the city, urgently needs the completion of its renovation works to restore smooth traffic flow and support businesses.While the repairs are necessary, the delays have created a traffic nightmare, affecting thous
The Katikkiro of Buganda, Charles Peter Mayiga, has called on Ugandans, including politicians, to denounce violence and embrace dialogue as a means of resolving conflicts.His remarks came as Members of Parliament from the National Unity Platform (NUP) visited Bulange, Mengo, to purchase ki
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
KAMPALA, Uganda — Uganda’s construction sector is facing a financial crisis due to the government’s failure to pay UGX 1.351 trillion in arrears to road contractors, according to Francis Mwijukye, Shadow Minister for Works and Transport.
City businessman and billionaire, Hassan Basajjabalaba could lose a significant part of his Kampala International University over UGX 57 billion loan dispute after the High Court in Kampala ruled in favor of Housing Finance Company Limited in a high-stakes financial dispute.The ruling, whi
Ugandans have finally been informed that Dr. Kizza Besigye's continued detention is not the responsibility of the Uganda Prisons Service.Following the Supreme Court's ruling on January 30, 2025, which declared the
Members of Parliament from the Defence and Internal Affairs Committee have expressed appreciation for the construction progress of UPDF National Referral Hospital, which stands at 93% completion.This was as the committee delegation led by Wilson Kajwengye, MP for Nyabushozi County, embarke
