Business •
24 Apr '25
Tesla boss Elon Musk has pledged to "significantly" cut back his role in the US government after the electric car firm reported a huge drop in profit and sales for the start of this year.Musk has led the newly created advisory body - the Department for Government Efficiency (Doge) - since
Business •
23 Apr '25
The 'Friends of Ndamira Cup' culminated over the weekend in Nakaseke District, following a successful six-week duration from March to April 2025.This football tournament, now an established feature promoting unity within Nakaseke North, served as a platform for showcasing sporting prowess
Business •
28 Mar '25
A storm is brewing over the true cost of buying out Umeme Limited, Uganda’s electricity distributor, as discrepancies in the numbers come to light.The Auditor Genera, Edward Akol has advised the government to pa
Business •
18 Mar '25
Kigali/Brussels – March 18, 2025 – Rwanda and Belgium have officially severed diplomatic relations, marking a major escalation in their already tense relationship over the ongoing conflict in the Democratic Republic of Congo (DRC).In a statement issued today, the Government of Rwanda a
Business •
12 Feb '25
The Uganda National Examinations Board (UNEB) has officially released the 2024 Uganda Certificate of Education (UCE) results, marking the first cohort of candidates assessed under the new competency-based curriculum.
Business •
14 Jan '25
During a dramatic turn of events today, the Uganda Police Force displayed remarkable tactical prowess by crushing a dangerous robbery gang that had planned to steal UGX 500 million in broad daylight. The gang had strategically positioned themselves around the up
Business •
09 Jan '25
Migrants seeking asylum in the United States gather near the border wall with Mexico after crossing a razor wire fence, as a member of the Texas National Guard escorts them, on December 19, 2024.CNN — When Altagracia left Honduras to em
Business •
20 Nov '24
(Kampala) â Uganda owes $433,582 (UGX 1.679 billion) in ground rent arrears to Kinshasa authorities for a commercial property in the Democratic Republic of Congo (DRC). Despite having the funds, the payment remains stuck due to unclear instructions from the DRC side, raising fears of property s
Business •
15 Nov '24
A report by the European Investment Bank indicates that excessive government domestic borrowing has severely impacted the private sector, with many borrowers left with no sources of credit. The report, titled: Finance in Africa, Unlocking Investment in an Era of Digital Transformation an
Business •
29 Oct '24
Coffee, a long-cherished perennial crop, has for decades been the backbone of household incomes in some parts of Uganda. Today, coffee is at the centre of regulatory policies and renewed campaigns targeting both sustainable production and output. The Uganda Coffee Development Authority (