Gold held around $4 000 an ounce after a weak start on Monday, after China ended a long-standing tax rebate for some retailers in a change that could weigh on demand in one of the world’s largest precious-metals markets.Bullion for immediate delivery rose 0.1%, after falling a
Denis Tukahikaho Ph.D. is an expert on Cooperatives, Financial Inclusion and Renewable Energy InvestmentKAMPALA – The Green Climate Fund (GFF) has approved a USD 31 million (UGX 107.7 bn) as a result-based payment for Uganda in recognition of measurable success in reducing deforestation
By close of business on Friday, police had retrieved four bodies of men from Nakivubo Channel in downtown Kampala. The victims are suspected to have died in the morning downpour that caused severe flooding across the city.According to Deputy Kampala Metropolitan Police Spokesper
Oppo is reportedly preparing to launch the Oppo Find N6.Oppo appears ready to take on Samsung once again in the premium foldable space. The Chinese smartphone maker is reportedly preparing to launch the Oppo Find N6, a next-generation book-style foldable designed to challenge the Samsung G
Manchester United manager, Ruben Amorim has admitted that his team will suffer and struggle for a little bit when Bryan Mbeumo and Amad Diallo play in the Africa Cup of Nations, AFCON, later this season.The AFCON will start on December 21 and the final will take place on January
Singapore — Oil prices eased on Friday, heading for a third consecutive monthly decline, as a stronger dollar and weak China data capped gains while rising supply from major producers globally offset the effect of Western sanctions on Russian exports.Brent crude futures slippe
The Ugandan government says construction of the Kabalega Industrial Park in Kabaale Sub-County, Hoima District, will begin in 2026. Spanning nearly 30 square kilometres, the park is expected to bolster the country’s emerging oil and gas sector and create more than 35,000 jobs. The project forms
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
Washington and Seoul brokered a historic $950 billion deal, bringing the two nations closer in both trade and military alliance. South Korea will pay $350 billion upfront to lower tariffs implemented by the USA. Hundreds of billions will flow between the nations as trade once again acts as the gr
The oil sector’s development — including two central processing facilities at Kingfisher and Tilenga — is expected to unlock billions in ancillary investment and generate thousands of jobsKampala: Uganda’s proven oil reserves have risen to 6.65 billion barrels, up from 6
