Business •
01 Nov '25
Well now it appears that the shoe is on the other foot as Russia is directly supplying Venezuela with offensive and defensive weapons, just as NATO and the US have been directly supplying Ukraine in their proxy war against Russia.Venezuelan President Maduro has asked Russia, Chi
Business •
31 Oct '25
The 5th Regional Transitional Justice working group in Northern Uganda met on Wednesday in Gulu City.The Minister for Justice and Constitutional Affairs, Hon. Norbert Mao, has urged the government to transfer the National Transitional Justice Bill (NTJB) from the Ministry of Internal Affai
Business •
31 Oct '25
The oil sector’s development — including two central processing facilities at Kingfisher and Tilenga — is expected to unlock billions in ancillary investment and generate thousands of jobsKampala: Uganda’s proven oil reserves have risen to 6.65 billion barrels, up from 6
Business •
31 Oct '25
Fresh revelations have emerged about the identities of at least 16 Nigerian military officers currently being detained over an alleged plot to overthrow the government.According to reliable military sources, fourteen of the detained officers are from the Nigerian Army, while two
Business •
30 Oct '25
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
Business •
30 Oct '25
you are looking for a real estate market that combines affordability, stability, and growth potential – look no further than Arkansas.Over the next 10 years, the Natural State is positioned to become one of the most rewarding markets in the country.With low p
Business •
30 Oct '25
President Donald Trump on Thursday threatened to begin testing US nuclear weapons in response to actions by rival countries, an announcement that came moments before his meeting with Chinese leader Xi Jinping.Trump in a post on social media said, “The United States has more Nu
Business •
30 Oct '25
For the next nine months, activities in Uganda’s oil fields will be ramped up as the country targets to get its first barrel of oil to the market through a 1,443km pipeline to the Tanzanian coast of Tanga by July 2026, more than 20 years after the first commercial discovery was made
Business •
30 Oct '25
The Busega-Mpigi Expressway project works are expected to resume, following approval of a loan of Euros188.18 million (Shs781.04 billion) from the African Development Bank and Euros28.31 million (Shs117.46 billion) from the African Development Fund.The loan, approved by Parliam
Business •
29 Oct '25
Parliament is today set to authorize a staggering Shs8.2 trillion in new borrowing, a move that signals the nation’s spiralling public debt already at Shs116.2 trillion (51.3% of GDP) and its economic implications.According to the house order of today’s business (Order Paper