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 •
08 Apr '25
Gen Digital (NASDAQ:GEN), the leading provider of cybersecurity solutions, has been a publicly traded company since June 1989. Known for its brands like Norton, Avast, LifeLock, Avira, AVG, ReputationDefender and CCleaner, the company is a key provider of antivirus and identity protection to million
Business •
06 Apr '25
Government is set to bolster the operations of Bugisu Cooperative Union (BCU) with coffee value addition equipment to enhance the profitability of farmers and revive the cooperative movement in Eastern Uganda.While speaking at the union’s 64th Annual General Meeting in Mbale on Friday, S
Business •
05 Apr '25
I’ve spent much of the past quarter of the year zigzagging across Europe and the US, cursing Vladimir Lenin as I went. He is reputed to have coined the phrase ‘there are decades where nothing happens; and there are weeks where decades happen’, which in turn has been repeated back to me whereve
Business •
04 Apr '25
After a prolonged legal battle, musician Bruno K has emerged victorious in his case against Black Market Records.The High Court has ruled in his favor, ordering the record label to compensate him with UGX 130 million for copyright infringement and wrongful withholding of his royalties.
Business •
30 Mar '25
The lavish mansion of the late General Charles Oluka has become a hot topic in Uganda following his death.Located in Katovu village, Kajjansi town council, Wakiso district, the grand residence has sparked curiosit
Business •
30 Mar '25
Mbarara, Uganda — The Uganda Revenue Authority (URA) has called on landlords across the country to voluntarily declare their rental properties and register for rental income tax, warning of steep penalties for non-compliance.
Business •
14 Mar '25
General Muhoozi Kainerugaba, the newly appointed Chief of Defence Forces (CDF) of Uganda, holds one of the most powerful positions in the Uganda People’s Defence Forces (UPDF).His salary, estimated at UGX 15 mil
Business •
11 Mar '25
Ugandan businessman and investor Charles Mbire has emerged as one of the country’s highest individual taxpayers, with a staggering UGX 5.4 million deducted daily in taxes from his MTN Uganda dividends alone.Foll
Business •
20 Nov '24
Mr. Joseph Ijara, the proprietor of Teifa Farm in Kakusi cell, Serere District, today shared an inspiring journey of resilience and success, proving that with the right mindset and determination, transformative change is possible.