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
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
China Town, a supermarket in Kampala has opened a new store at Akamwesi Mall along the Kampala- Gayaza Road.Speaking during the opening ceremony on Thursday, Kawempe Division Resident City Commissioner, Hajji Noor Njuki Mbabali hailed the Chinese store for creating employment for Ugandans
In a bid to tackle Kampala’s flooding nightmare, the KCCA Council has approved a move to work hand-in-hand with competent local investors to develop, cover, and upgrade drainage channels across the city.The resolution, passed during a fiery council session on April 3, 2025, came wit
Global tech and media moguls have graced the red carpet with their wives for a glitzy prize ceremony.Mark Zuckerberg, Bill Gates and Rupert Murdoch were all spotted at the 11th Breakthrough Prize awards in Barker Hanger in Santa Monica.The billionaires led the charge on the red carpet, dazzl
I’ve spent much of the past quarter of the year zigzagging across Europe and the US, cursing Vladimir Lenin as I went. He is reputed to have coined the phrase ‘there are decades where nothing happens; and there are weeks where decades happen’, which in turn has been repeated back to me whereve
Commerce and Industry Minister Piyush Goyal on Thursday (April 3, 2025) asked the Indian startup community to shift their focus from grocery delivery and ice cream making to to high tech sector like semiconductor, machine learning, robotics, and artificial intelligence.He also said there is a ne
Ugandan businessman and investor Charles Mbire has emerged as one of the country’s highest individual taxpayers, with a staggering UGX 5.4 million deducted daily in taxes from his MTN Uganda dividends alone.Foll
Ugandans dismissing disease outbreak announcements as alarmist are fatigued with epidemics, Dr. Richard Kabanda, the Commissio
Talks to license Starlink in South Africa have reportedly stalled over tensions with the Donald Trump administration in the US.Presidential spokesman Vincent NgwenyaTalks over licensing SpaceX’s Starlink service in South A
