Business •
14 May '25
The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) at 9.75% signalling a cautious “wait and see” approach in response to growing global economic uncertainty most notably the unresolved US-China trade tensions.The decision comes despite Uganda’s relatively strong econ
Business •
14 May '25
Canadian Prime Minister Mark Carney has unveiled his cabinet, promising "decisive action" on his ambitious economic agenda, amid a trade war with the US.The new cabinet of 28 ministers and 10 secretaries of state heralds some significant changes, including a new foreign
Business •
14 May '25
President Donald Trump has said the US has "no stronger partner" than Saudi Arabia during his first major foreign trip - a whirlwind visit of Gulf countries mainly focused on shoring up investment.Speaking in Riyadh, the US president also pledged to lift all sanctions agai
Business •
14 May '25
Zambia's foreign minister has warned diplomats against interfering in the country's affairs, days after the US ambassador raised concerns about the "systematic theft" of drugs donated to the southern African state.Mulambo Haimbe said there was an "increasing tendency" by e
Business •
12 May '25
St Augustine of Hippo once said, “The world is a book and those who don’t travel read only one page.”For Laura Kagame, 41, life has been built around the intricacies of tour and travel. When she speaks about travel, her eyes light up because of the
Business •
10 May '25
President Museveni urged African leaders to firmly resist foreign ideologies that threaten the continent’s familyfoundations and to match this resistance with a determined pursuit of economic and political integration to secure Africa’s future.The president made the remarks
Business •
05 May '25
BBC | Seven Iranian nationals are among eight men arrested in two major counter-terrorism investigations that took place separately on Saturday.Five of the arrests were part of a "pre-planned" investigation into an alleged plot to "target a specific premises", the Metropol
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05 May '25
BBC | Donald Trump says he is directing his government to reopen and expand Alcatraz, the former prison on an island off the coast of California.In a message on his Truth Social site on Sunday, President Trump said that "for too long America has been plagued by vicious, vi
Business •
05 May '25
BBC | US President Donald Trump says he will hit movies made in foreign countries with 100% tariffs, as he ramps up trade disputes with nations around the world.Trump said he was authorising the US Department of Commerce and Trade Representative to start the process t
Business •
02 May '25
Coffee bags in stores at UGACOF factory in BweyogerereA major agro-industrial project aimed at boosting coffee processing and export capacity is set to take off in Luwero District, promising to enhance value addition in Uganda’s coffee sector and expand