Business •
23 Apr '25
President Museveni has declared Uganda’s readiness to re-engage with Western powers, months after facing sanctions over the country’s controversial anti-homosexuality law.Speaking at a leadership forum at Munyonyo about recently, Mr Museveni revisited the fallout from the 2023 passage
Business •
22 Apr '25
Tesla shares fell almost 6% on Monday, a day ahead of the electric vehicle company's first-quarter earnings report, as analysts fret over "ongoing brand erosion."The stock closed at $227.50 leaving it less than $6 above its low for the year on April 8. The shares are now down 44% for the year af
Business •
14 Apr '25
Bugiri Municipality MP and Justice Forum (JEEMA) party president Hon. Asuman Basalirwa has said he will not seek another term as the party’s leader.Speaking openly about his time at the top, Basalirwa said he feels he has done his part and it is time fo
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
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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 •
18 Mar '25
Kigali/Brussels – March 18, 2025 – Rwanda and Belgium have officially severed diplomatic relations, marking a major escalation in their already tense relationship over the ongoing conflict in the Democratic Republic of Congo (DRC).In a statement issued today, the Government of Rwanda a
Business •
16 Mar '25
President Yoweri Museveni has defended the deployment of military forces, including the Uganda People’s Defence Forces (UPDF) and the Joint Anti-Terrorism Taskforce (JATT), in handling election security and maintaining public order.
Business •
14 Mar '25
Minister Balaam Barugahara congratulated Elias Nalukoola Luyimbazi on his victory in the Kawempe North Parliamentary by-election, although he raised concerns about the election's legitimacy.Barugahara acknowledged
Business •
14 Mar '25
Elias Luyimbazi Nalukoola of the National Unity Platform (NUP) emerged as the winner of the Kawempe North parliamentary by-election, securing 17,764 votes against his closest rival, Faridah Nambi of the National Resistance Movement (NRM), who garnered 8,593 vote
Business •
12 Mar '25
Kizza Besigye, a prominent Ugandan politician, physician, and former military officer, has amassed a notable amount of wealth over the years. His net worth is estimated to be between $100,000 and $1 million.Besigye's journey to wealth began with his education at Makerere University, where