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
Absa Uganda has appointed Keith Kalyegira as the new chairman of the bank's board, effective 1 March 2025.Kalyegira is a highly respected and seasoned advisor on strategy, investments, and capital markets, with a wealth of experience cutting across both the public and priva
Just R20 for the first month. Support independent journalism by subscribing to our digital news package. Image: REUTERS/Kent Nishimura Ridiculed for imposing trade tariffs on frozen islands largely inhabited by penguins, US President Donald Trump's formula for calculating the levi
In an effort to boost judicial efficiency and service delivery, the Judiciary has redeployed 28 judicial officers including registrars and magistrates as part of strategic administrative measures. The transfers, executed under Public Service Standing Orders, are
The release of the 2024 Uganda Certificate of Education (UCE) examination results, which has just concluded, has left 6,974 students in limbo.As per the recently adopted lower secondary curriculum, the students di
Company directors and secretaries have been called upon to rethink governance in an AI-driven world and explore ways to foster more objective, transparent, and effective decision-making processes.This call was made during the 14th Annual Directors and Company Secretaries Conference, held u
Accounting professionals must adopt leadership that transcends financial metrics by embracing adaptability, integrity, and continuous learning in an era of rapid technological transformation, experts have advised.Speaking at the 15th Institute of Certified Public Accountants of Uganda (ICP
The deputy Inspector General of Government (IGG), Dr Patricia Achan Okiria, has spoken about her struggles in securing jobs of her choice in Uganda despite numerous applications.Speaking over the weekend at Gulu U
The Buganda Road Chief Magistrate’s Court has granted lawyer Isaac Ssemakadde one last opportunity to appear and take a plea, warning that failure to do so will result in his arrest.Chief Magistrate Ronald Kayiz
Dr. Michael Atingi-Ego (L), the newly appointed Governor of the Bank of Uganda, and Prof. Agustus Nuwagaba (R), the new Deputy Governor, take the reins at the central bankKampala, Uganda – President Yoweri Museveni has appointed Dr. Michael At
