Business •
12 Jan '26
KAMPALA, Uganda (AP) — One figure looms large ahead of Uganda's elections Thursday, although he is not on the ballot: the president's son and military commander, Muhoozi Kainerugaba.Kainerugaba, long believed to be the eventual successor, stood down for his father, President Yoweri Musev
Business •
07 Jan '26
Uncertainty continues to surround the parliamentary status of Leader of the Opposition Joel Ssenyonyi following a petition challenging his nomination over alleged irregularities related to the constituency he contested.The petition, filed by Ivan Bwowe, a lawyer representing the People’s
Business •
28 Dec '25
Residents of Bugolobi Princess Anna Drive, together with their local council leadership, have dragged a retired Ugandan judge and International Court of Justice (ICJ) judge, Julia Sebutinde to court over the alleged illegal construction of a six-storey apartment block in a residential neighborhoo
Business •
27 Dec '25
BREAKING NEWS: US Navy Strikes Terror Camps in Nigeria as Military Confirms Joint Operation SuccessUS military missile and drone strike targeting terrorist camps in North West NigeriaFresh details have emerged from top military sources confirming that recent precision strikes carrie
Business •
24 Dec '25
Besigye and Lutale had sought bail, arguing they are law-abiding citizens with fixed residences and would comply with all court directives.The High Court’s Criminal Division has deferred its ruling on applications seeking to halt treason proceedings and grant bail to opposition figure Co
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20 Dec '25
Belgium’s objections, Russian legal threats and unresolved liability questions forced the EU to drop the reparations-loan proposal and approve fresh borrowing for Ukraine.Denmark's Prime Minister Mette Frederiksen, European Council President Antonio Costa and European Commission Presiden
Business •
18 Dec '25
The Bank of Uganda, Uganda’s central bank, in Kampala, Uganda, on Wednesday, May 17, 2023. Uganda estimates that it will need $28.1 billion to adapt to the effects of climate change and cut emissions until the end of the decade. Photographer: Katumba Badru Sultan/Bloomberg via Getty Images
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08 Dec '25
Investing in public companies holding bitcoin and other digital tokens was a major trend earlier this year, but the market has turned …Bitcoin itself is down only 6%. Around 70% of digital asset treasuries are expected to finish the year lower than their starting value. Image: Angel Garc
Business •
25 Nov '25
The U.S. dollar was steady on Tuesday as investors deliberated the chances of the Federal Reserve cutting interest rates next month.The U.S. dollar was steady on Tuesday as investors deliberated the chances of the Federal Reserve cutting interest rates next month after dovish comments from
Business •
24 Nov '25
Russia's economy is facing a "time bomb", as sanctions escalate and interest rates remain high. Businesses around the country are struggling to pay back loans and are fighting to stave off bankruptcy.Firms have watched on helplessly as interest rates were hiked to 21% towards the end of 20