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AI economic gains likely to outweigh emissions cost, says IMF

AI economic gains likely to outweigh emissions cost, says IMF

Economic gains from artificial intelligence will boost global output by around 0.5% a year between 2025 and 2030, outweighing the costs of rising carbon emissions by the data centres needed to run AI models, the International Monetary Fund said on Tuesday.An IMF report released at its annual spr

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Tesla shares tumble ahead of first-quarter earnings report

Tesla shares tumble ahead of first-quarter earnings report

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

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NSSF Outperforms Regional Peers, Proves Ugandan Efficiency

NSSF Outperforms Regional Peers, Proves Ugandan Efficiency

The National Social Security Fund (NSSF) has posted record-breaking operational efficiency, outshining regional peers and challenging stereotypes about Ugandan managerial competence.Speaking during the Eastern Regional Employer Engagement in Mbale, NSSF Executive Director Patrick Ayota ann

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Informality in Artisanal Mining Bleeds Revenue, NGO Warns

Informality in Artisanal Mining Bleeds Revenue, NGO Warns

Uganda continues to lose significant revenue from the artisanal and small-scale mining (ASM) sector due to rampant informality and weak regulatory enforcement, the Advocates Coalition for Development and Environment (ACODE) has said.Despite being rich in minerals, Uganda has failed to tran

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Uganda Mourns the Passing of Pope Francis, Recalls His Deep Connection to the Country

Uganda Mourns the Passing of Pope Francis, Recalls His Deep Connection to the Country

Uganda has joined the global Catholic community in mourning the death of His Holiness Pope Francis, describing him as a unifying and compassionate spiritual leader whose legacy will live on in the hearts of Ugandans.In an official statement on Monday, the Minister of ICT and National Guida

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Serie A Matches Postponed Following Death Of Pope Francis

Serie A Matches Postponed Following Death Of Pope Francis

Italy’s top football league, Serie A, has postponed all Easter Monday fixtures in honour of Pope Francis, who passed away at the age of 88 after battling double pneumonia.The Lega Nazionale Professionisti Serie A announced the decision on Sunday evening, stating that both Serie A and Pri

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Donald Trump insists there will be NO tariff exemptions in dramatic policy reversal

Donald Trump insists there will be NO tariff exemptions in dramatic policy reversal

President Donald Trump took to Truth Social to clarify that China - which is embroiled in an escalating trade war with the US - will not be exempt from tariffs on electronics and semiconductorsDonald Trump preparing to watch a UFC bout in Miami, Florida

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Massive Pay Rise Looms For All Public Servants As Gov’t Tables UGX688.9 Billion Salary Plan

Massive Pay Rise Looms For All Public Servants As Gov’t Tables UGX688.9 Billion Salary Plan

The Ministry of Public Service has unveiled a plan for a massive salary enhancement strategy targeting all public servants across Uganda—a move projected to cost taxpayers over UGX688.9 billion.This proposal is detailed in the 2025/2026 Ministerial Poli

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DOGE cuts $51M from US African Development Foundation, including $229K to market shea butter

DOGE cuts $51M from US African Development Foundation, including $229K to market shea butter

Senator Dave McCormick spoke to Brian Kilmeade about how President Trump and Elon Musk are doing the public good with DOGE. Plus, McCormick on his new book "Who Believed in You: How Purposeful Mentorship Changes the World"The Department of Government Efficiency (DOGE) announced $51 million in cu

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US families accuse Palestinian-American billionaire of facilitating Hamas attacks

US families accuse Palestinian-American billionaire of facilitating Hamas attacks

WASHINGTON (Reuters) - American families of victims of the October 7, 2023, attacks on Israel filed a lawsuit on Monday against a prominent Palestinian-American businessman, Bashar Masri, charging that he provided assistance in constructing infrastructure that allowed Hamas militants to carry out th

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