Profit-taking saps metal’s strengthBengaluru — Gold prices slipped on Wednesday, pulled down by a rebound in the dollar and profit-booking after bullion rose to a near three-week high in the previous session on the expectation of interest rate cuts by the Federal Reserve next month.
Nearly two years after the World Bank Group suspended new funding to Uganda over the enactment of the Anti-Homosexuality Act, the international lender has lifted the ban.Deputy Speaker of Parliament Thomas Tayebwa was among the first to welcome the development, congratulating th
Members of the Bolivarian National Militia attend a military drill, amid rising tensions with the United States, in Naguanagua, Venezuela in October.Venezuela says it is launching a “massive mobilization” of military personnel, weapons and equipment in response to the build-up of US wa
The decision to flag up the licensing rounds is in line with President Bola Tinubu’s plan to grow Nigeria to a $1 trillion economy.A graphic illustration of barrels of crude oilThe Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced its intention to
Former Nairobi Governor Mike Sonko has publicly pledged to intervene in the payment dispute between comedian and fashion designer Sammy Kioko and the Machakos County Government. Kioko is allegedly owed a staggering Ksh19 million for an embroidery tender completed nearly two years ago.
A European NGO has offered €10,000 (UGSh 40 million) for a decisive tip leading to tracing Dutch national Sophia Koetsier, who disappeared in Uganda in 2015.On October 28, 2015, 21-year-old Dutch national Sophia disappeared in Murchison Falls National Park, Uganda. Despite sev
A 73-year-old man, James Wakabenga Wanyera, says he is living in fear and pain after his own children, led by Col Betty Musuya, former Uganda Peoples’ Defence Forces (UPDF) Director for Women Affairs, allegedly forcefully removed him from his home. Relatives claim that armed
Rot In Health Ministry: Parliament Exposes 18yr Scandal In Donor-Funded ProjectsThe Ministry of Health has come under renewed fire in Parliament over a string of stalled, donor-funded projects some delayed for nearly two decades raising fears that the newly proposed cancer centres in Arua
Former NTV presenter Farida Nakazibwe has finally revealed the real reason she quit Television after almost two decades on air.Respected media personality Farida Nakazibwe has opened up on why she decided to call it quits from Television in October 2023, ending a career that spanned nearly
Prices are being lifted as the US Senate takes a major step toward reopening the government.Oil pumping jacks at an oilfield near Sokolovka village, in the Udmurt Republic, Russia. Image: BloombergOil rose as wider markets were lifted by a push to end the US government sh
