Business •
23 Apr '25
As part of its growing commitment to environmental sustainability and community development, United Bank for Africa (UBA) Uganda has embarked on an ambitious tree-planting campaign across the country, with a target to plant 10,000 trees in 2025 under the theme: "Our Land: A Greener Future."
Business •
23 Apr '25
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
Business •
22 Apr '25
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
Business •
22 Apr '25
Uganda continues to lose significant revenue from the artisanal and small-scale mining (ASM) sector due to rampant informality and weak regulatory enforcement, the Advocates Coalition for Development and Environment (ACODE) has said.Despite being rich in minerals, Uganda has failed to tran
Business •
07 Apr '25
Singer-songwriter Justin Bieber and his wife Hailey were seen putting on a united front after weeks of speculation surrounding their relationship.The couple chose casual outfits, as they opted for baggy trousers and puffer coats. They stepped out for a sw
Business •
06 Apr '25
The Uganda Revenue Authority (URA) is set to recruit 1,260 new staff members to enhance tax collection efforts, particularly targeting high-net-worth individuals in industries such as construction, transport, and professionals.This move aims to increase revenue collections and reduce depen
Business •
05 Apr '25
OpenAI is reconfiguring its rollout plan for upcoming AI models. The company’s CEO, Sam Altman shared on social media on Friday that it will delay the launch of its GPT-5 large language model (LLM) in favor of some lighter reasoning models to release first.The brand will now launch new o3 and
Business •
05 Apr '25
My Friday Pilates classes are marked by Byredo's Bal D'Afrique. Hot yoga, on the other hand, is undoubtedly Diptyque because who doesn't want to smell like a water lily during downward dog? My strength-training days are so Phlur-coded. Yes, I have a Rolodex of fragrances to wear during my workouts,
Business •
04 Apr '25
Online 'advisors' have been telling benefits claimants how to maximise their government handouts while also reaping in hundreds of thousands of pounds. Accounts on TikTok, Instagram and YouTube have gone viral, with followers sharing success stories of how they bagged benefits by following thes
Business •
04 Apr '25
A NASA astronaut who was stranded in space for 286 days still attended regular church services in an effort to stay connected with his faith.Butch Wilmore was one of two astronauts rescued earlier this month from the International Space Station, where he spent nine months after the spacecraft