Business •
31 Oct '25
Washington and Seoul brokered a historic $950 billion deal, bringing the two nations closer in both trade and military alliance. South Korea will pay $350 billion upfront to lower tariffs implemented by the USA. Hundreds of billions will flow between the nations as trade once again acts as the gr
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 6.4 billion,
Business •
31 Oct '25
The Affordable Housing Project promised dignity and stability for Kenya’s urban poor, yet gaps in delivery are fast exposing cracks in what was once hailed as a groundbreaking social revolution.In Nairobi’s New Mukuru Housing Estate, residents who once lived in congested shacks now enj
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), out of t
Business •
27 Oct '25
Morocco plans to abandon coal power entirely by 2040 if it secures international climate finance, the Powering Past Coal Alliance (PPCA) said on Thursday.Morocco joined the international PPCA, a group of around 60 governments seeking to phase out coal power, in 2023, in a bid to progress n
Business •
27 Oct '25
A person in a yellow coat and pink backpack stands on a road, waving to a group of people in the distance who appear to be waving back. The scene is outdoors on a cloudy day.It’s said that people come into our lives for a reason, a season, or a lifetime. Some friendships will last until
Business •
13 Oct '25
An artistic impression of an oil refinery. Uganda hopes to complete construction of a 60,000 barrels/day refinery by 2030. COURTESY IMAGE/PETROLEUM AUTHORITY OF UGANDA.Delayed construction heightens importance of missing piece in
Business •
21 Sep '25
The 22 year old entrepreneur takes over from Natasha Nyonyozi, Miss Uganda 2024/25She takes the reign from Natasha Nyonyozi, Miss Uganda 2024/25.
Business •
17 Sep '25
Kiira Motors Corporation (KMC), Uganda’s automotive manufacturer, has revealed the first glimpse of its long-anticipated concept SUV.The company released a single teaser image of the vehicle and called on Ugandans to help choose a model name — a move
Business •
17 Sep '25
President Yoweri Museveni and wife at the hospital commissioningIn Nakawa, Kampala, a sweeping new complex of glass and brick gleams with promise.On September 11, 2025, His Highness the Aga Khan V, in his first visit to Uganda as the 50th Aga Khan