Tesla Inc. chief Elon Musk ’s wealth has slipped below $300 billion for the first time since November as the indiscriminate fallout from President Donald Trump ’s tariffs punishes even those closest to him.Musk lost $4.4 billion on Monday after Tesla stock extended losses, taking his total f
From UK tailors to Australian farmers to Irish whiskey distillers, firms reveal the impact of US measuresDonald Trump’s sweeping tariffs will upend global trade, adding costs and delays to businesses around the world and threatening a recession.The Guardian spoke to eight businesses about
Evelyn Anite was once a highly influential minister in Uganda and a staunch supporter of President Yoweri Museveni. Many believed she had a bright and enduring future in politics. However, her fortunes have changed dramatically, and she is now associated with nu
Big changes are happening in Uganda’s electricity sector as UMEME’s 20-year concession officially comes to an end on March 31. With this shift, many people have been concerned about what will happen to UMEME workers.
On NBS Barometer, political leaders discussed the National Resistance Movement (NRM)’s support in Central Uganda, concerns about corruption, and governance issues. The conversation reflected different views on the reasons behind NRM’s losses in the region an
City businessman and billionaire, Hassan Basajjabalaba could lose a significant part of his Kampala International University over UGX 57 billion loan dispute after the High Court in Kampala ruled in favor of Housing Finance Company Limited in a high-stakes financial dispute.The ruling, whi
The scorching heat wave that has gripped Uganda in recent weeks is expected to subside by mid-March, paving the way for the long-awaited rainy season, officials from the Uganda Meteorological Authority and the Ministry of Water and Environment have announced.Speaking at a press briefing at
The animals, often seen roaming freely through streets, markets, and residential areas, have become a major inconvenience, disrupting traffic and businesses while also causing property damage.The increasing presence of stray goats and cows in Soroti City has rais
Photo of Uganda shillings ( Photo For Illustration only)Uganda has faced numerous corruption scandals over the years, leading to significant financial losses and public outcry. Here are some of the most notable ca
The government of Uganda is committed to meeting Umeme Limited’s buyout amount before the electricity distributor’s concession runs out at the end of March, Ziria Tibalwa Waako, the chief executive officer of the Electricity Regulatory Authority (ERA), has s
