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Xpeng (XPEV) Stock: Price Soars 18% on Robot Technology and Record Deliveries

Xpeng (XPEV) Stock: Price Soars 18% on Robot Technology and Record Deliveries

Xpeng XPEV stock jumped 18% to three-year highs on record deliveries and humanoid robot technology. Up 130% YTD, outperforming Chinese EV rivals.TLDRXpeng (XPEV) stock jumped 18% Tuesday to its highest price since July 2022October deliveries hit 42,013 vehicles, up 76% year-o

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What is it that Uganda and United Arab Emirates investors want as they meet in Kampala?

What is it that Uganda and United Arab Emirates investors want as they meet in Kampala?

The UAE Ambassador to Uganda, HE Abdulla Salem Alshemeli, H.E Sheikh Sultan Jemai Al. Hindas, Director General of the Furjairah Chamber Commerce and Industry and the Prime Minister of Uganda Hon. Nabbanja Robinah and Hon. Dr Monica Musenero the Minister of Science Technology and Innovation Inform

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The price of gold is skyrocketing

The price of gold is skyrocketing

Why speed of the upswing has been much faster than analysts predicted and why the rally is likely to continue?COMMENT | LUKE HARTIGAN | The price of gold surged above US$4,100 (Approx. Shs14 million) an ounce (Approx.28g) on Oct.15 for the first time, taking this year’s extraordinary ral

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Chameleone Ships in Sleek Black Brabus worth a Billi

Chameleone Ships in Sleek Black Brabus worth a Billi

Music legend, Jose Chameleone has officially driven his lifestyle into overdrive with the arrival of his sleek black Brabus, a luxury monster now proudly parked at his swanky Akright City mansion along Entebbe Road.

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Ugandan lawyer challenges Tanzania’s new law barring E.Africans from certain businesses

Ugandan lawyer challenges Tanzania’s new law barring E.Africans from certain businesses

Lawyer Steven Kalali addressing the mediaA Ugandan lawyer, Steven Kalali, has petitioned the East African Court of Justice (EACJ) over a new Tanzanian law that restricts non-citizens, including East African Community (EAC) nationals, from engaging in spec

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Tycoon Meddie Ssebagala’s Electronics Empire Faces Collapse Over Shs 1.2 Billion DTB Loan

Tycoon Meddie Ssebagala’s Electronics Empire Faces Collapse Over Shs 1.2 Billion DTB Loan

Prominent businessman Muhammed Ssebagala, proprietor of Ssebagala & Sons and owner of the Light of the World Electrical Shops in Kiyembe, is staring at the collapse of his once-thriving electronics empire as financial troubles deepen.Court bailiffs, a

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Museveni Orders Govt Bailout for Late Aponye’s Business Empire

Museveni Orders Govt Bailout for Late Aponye’s Business Empire

President Museveni has directed Prime Minister Robinah Nabbanja to spearhead a government-led intervention to rescue the ailing business empire of the late tycoon Apollo Nyegamehe, widely known as Aponye, whose death in 2023 left his companies facing severe financial distress.In a letter d

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Minister Evelyn Anite Announces Uganda’s New Television Network

Minister Evelyn Anite Announces Uganda’s New Television Network

Uganda’s Minister of State for Privatisation and Investment, Evelyn Anite, has announced that Ugandans at the Mbale Industrial Park are now assembling one of the world’s largest televisions — the TCL 115-inch model.Evelyn Anite made the revelation during a

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335 Nationals, Refugees Youth Gain Skills for Self-Reliance in Adjumani

335 Nationals, Refugees Youth Gain Skills for Self-Reliance in Adjumani

Adjumani District is witnessing a transformative wave as vocational training programs equip 335 nationals and refugee youth with practical skills, fostering self-reliance and economic empowerment.The beneficiaries have completed a three-month training in various vocational disciplines incl

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Emachines, Anker partner to provide affordable, reliable gadgets and accessories

Emachines, Anker partner to provide affordable, reliable gadgets and accessories

Global tech giant, Anker Innovations and Emachines Uganda have officially announced a strategic partnership aimed at enhancing the availability of quality consumer electronics in Uganda.The partnership was unveiled on Thursday at the Four Points by Sheraton Hotel in Kampala, marking a new

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