Business •
05 Apr '25
OpenAI is reconfiguring its rollout plan for upcoming AI models. The company’s CEO, Sam Altman shared on social media on Friday that it will delay the launch of its GPT-5 large language model (LLM) in favor of some lighter reasoning models to release first.The brand will now launch new o3 and
Business •
04 Apr '25
Speaking at the Diaspora Exchange Forum hosted by Equity Bank, under the theme “Re-Routing Back Home: Funds Transfer for Powering Personal and Continental Growth,” Prof. Nuwagaba explained that the high cost of borrowing to develop electricity infrastructure makes lower electrici
Business •
04 Apr '25
Absa Uganda has appointed Keith Kalyegira as the new chairman of the bank's board, effective 1 March 2025.Kalyegira is a highly respected and seasoned advisor on strategy, investments, and capital markets, with a wealth of experience cutting across both the public and priva
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04 Apr '25
Henry Musasizi, Minister of State for Finance, presented the seven Tax Bills to Parliament’s Finance Committee, outlining the government’s strategies to boost revenue amidst economic pressures.The Ugandan Ministry of Finance has proposed significant tax hikes
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04 Apr '25
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
Business •
04 Apr '25
Ahead of the 2026 general election, a new political party, named People Power Front has been launched.Using red and black as its colours and members having red berets, the parry was launched during a function held at Mestil Hotel in Kampala on Thursday afternoon.Speakin
Business •
04 Apr '25
The political landscape in Kitagwenda District is set for a shake-up as Assistant Resident District Commissioner (RDC) Ephrance Kenyonyozi officially declares her bid for the district chairperson seat ahead of the 2026 general elections.Her decision follows growing calls from the public ur
Business •
04 Apr '25
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
Business •
04 Apr '25
Set in a small development near amenities, the property has a south-west facing back garden and partially floored attic Asking price: €465,000Agent: Jordan Town and Country Estate Agents (045) 433 550Residents of Moore Avenue in Newbridge don’t have far to go for their weekly shop
Business •
31 Mar '25
Umeme insists that the government’s audit undervalues the company’s investment and has formally notified authorities of a dispute under Section 9.1 of the Support AgreementInside and outside the Ntinda substation in Kampala, where Umeme r