Business •
03 Mar '25
BBC | US tariffs against Canada and Mexico are set to come into effect on Tuesday but their level will be decided by Donald Trump, the US commerce secretary has said.The US president has threatened to impose 25% tariffs, which are a tax on imports, on his two neighbours on
Business •
03 Mar '25
Bebe Cool has issued a legal warning to Comedy Store Uganda proprietor Alex Muhangi over the unauthorized use of his performances for commercial gain.Through his lawyer, Timothy Sentongo of RSK Associates, Bebe Cool has expressed his intention to sue Muhangi for allegedly broadc
Business •
03 Mar '25
Monthly headline inflation for February 2025 surged by 0.6%, more than doubling the 0.3% recorded in January 2025.The cost of living in Uganda has experienced a notable rise, with tomatoes and fresh leaf vegetables emerging as the primary contributors to monthly
Business •
03 Mar '25
The late Hajji Bulaimu Muwanga Kibirige (BMK) was a businessman in Uganda. He built a strong business empire, including Hotel Africana, which expanded to different parts of Africa. Since his passing, his businesses are facing financial difficulties, with debts t
Business •
03 Mar '25
Rwanda Defense Force (RDF) has announced the capture of 14 individuals it claims are fighters of the Democratic Forces for the Liberation of Rwanda (FDLR), an armed group opposed to the Rwandan regime. These individuals were allegedly apprehended in the Democrat
Business •
17 Feb '25
Talks to license Starlink in South Africa have reportedly stalled over tensions with the Donald Trump administration in the US.Presidential spokesman Vincent NgwenyaTalks over licensing SpaceX’s Starlink service in South A
Business •
17 Feb '25
Metaplanet, a Japanese public company, has recently decided to boost its Bitcoin holdings as part of its strategy to manage economic challenges. The company raised 4 billion yen (around $26.39 million) by issuing ordinary bonds to EVO Fund, a debt and financing
Business •
17 Feb '25
Africa is positioning itself at the forefront of the global artificial intelligence (AI) revolution, with Peter Folajimi Buraimoh, the self-proclaimed “Grandmaster of AI in Africa,” leading the charge.Buraimoh, the chief Grandmaster of Artificial Inte
Business •
13 Feb '25
The government of Uganda is committed to meeting Umeme Limited’s buyout amount before the electricity distributor’s concession runs out at the end of March, Ziria Tibalwa Waako, the chief executive officer of the Electricity Regulatory Authority (ERA), has s
Business •
13 Feb '25
The Chief of Defense Forces, Gen. Muhoozi Kainerugaba, has met with the U.S. Ambassador to Uganda, William Popp.The meeting took place at the Special Forces Headquarters in Entebbe on Wednesday.