Business •
04 Jan '25
A few weeks ago, I shared on my X handle that General @KagutaMuseveni is the greatest General in African history, and I continue to stand by that statement. However, it's crucial to recognize that his remarkable achievements were not solely his own; they were si
Business •
04 Jan '25
Rwanda-backed M23 rebels on Friday moved closer to a key town in eastern Democratic Republic of Congo (DRC), capturing a nearby area, sources told AFP.The March 23 Movement (M23), a militia supported by neighborin
Business •
20 Nov '24
DCIC advises Ugandans blocked by Rwanda, Kenya over ‘expired’ National IDsKampala, Uganda | THE INDEPENDENT | Baker Ssenyonga was heading to Mombasa last week but was blocked for nearly two hours at the Busia
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 •
15 Nov '24
Uganda's Speaker of Parliament, Anita Among, has issued a rallying cry to fellow leaders in East African Community (EAC) member states to fulfil their obligations to the bloc, stressing that unity is crucial for achieving the long-elusive goal of integration. Speaking at the 18th meeting
Business •
08 Nov '24
Uganda’s tea prices at the Mombasa Tea Auction have been holding steady for the past seven weeks, with the latest sale, Number 45, ending on November 5, 2024, at an average price of $1.02 per kilogram (around sh3,760). This price mirrors that of the past two weeks, indicating stability in the mark
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08 Nov '24
President Museveni Friday joined several African leaders who have congratulated Donald Trump on winning US' November 5 presidential election in which he defeated Vice President and Democratic nominee Kamala Harris. Twice-impeached President Trump emphatically recaptured White House wit
Business •
31 Oct '24
Bank of Uganda has said in its monetary policy report of October 2024, which it released on Monday that in the three months to September 2024, the shilling appreciated by 1.9 percent, which indicates that Uganda’s domestic financial market has continued to remain stable. The appreciati
Business •
23 Oct '24
Democratic Republic of Congo's army on Tuesday said it had taken back the eastern town of Kalembe, a day after it was seized by M23 rebels, but rebels said they still controlled the town. Kalembe, a small town in Walikale territory in militia-plagued North Kivu, came under M23 control on
Business •
23 Oct '24
The evening was filled with tributes, from colleagues celebrating his remarkable impact on MTN Uganda’s brand and market position. A light moment between Somdev and the MTN CFO, Andrew Bugembe (In suit)Various speakers praised Somdev’s contributions, highlighting his leadership i