From Milking Cows to Millionaire Mansions: Inside Black Coffee’s R157 Million Clifton Dream Home and Billion-Rand EmpireNkosinathi Maphumulo, the globally acclaimed DJ Black Coffee, has come a long way from his humble beginnings in a rural Eastern Cape village. Milking cows with his gran
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 as much as 1
Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts.Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts, although bullion was still on track for its third straight monthly gain.Spot
Investors are increasingly looking abroad to diversify their portfolios, tap into emerging markets and hedge against local economic shifts. Cross-border investing offers access to industries, currencies and growth stories that aren’t always available at home. However, it also requires a clear u
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
President Museveni has opened the first meeting of the 4th National Conference of the National Resistance Movement (NRM) at Kololo Ceremonial Grounds, rallying delegates to focus on discipline, fight poverty and corruption, and ensure every Ugandan household joins the money economy.Ac
For decades, the name Aponye stood tall in Uganda’s business circles, synonymous with agro-processing success, expansive real estate investments, and strategic government supply contracts.Founded by the late Apollo Nyegamehe, commonly
Chairman Mbire earns shs 55 million per day from MTN dividendsBusinessman Charles Mbire’s investment in MTN Uganda is staging a strong comeback, nearing the $70 million mark after rebounding by nearly $5 million in just 51 days. After facing
MTN Uganda plans to spin off its mobile money arm, MTN MoMo, into a separate entity, a move that could alter the structure of its business in one of its largest African markets.In a regulatory filing last week, the company said it “intends to implement a proposed
The Ministry of ICT and National Guidance, in partnership with MultiChoice Uganda, has officially launched a nationwide Digital Skilling Programme for Government Communication Officers and unveiled Season 4 of the Ugandan Podcast—both initiatives marking a major milestone in Uganda’s digital
