Business •
06 Apr '25
Global tech and media moguls have graced the red carpet with their wives for a glitzy prize ceremony.Mark Zuckerberg, Bill Gates and Rupert Murdoch were all spotted at the 11th Breakthrough Prize awards in Barker Hanger in Santa Monica.The billionaires led the charge on the red carpet, dazzl
Business •
04 Apr '25
Absa Uganda has appointed Keith Kalyegira as the new chairman of the bank's board, effective 1 March 2025.Kalyegira is a highly respected and seasoned advisor on strategy, investments, and capital markets, with a wealth of experience cutting across both the public and priva
Business •
04 Apr '25
Commerce and Industry Minister Piyush Goyal on Thursday (April 3, 2025) asked the Indian startup community to shift their focus from grocery delivery and ice cream making to to high tech sector like semiconductor, machine learning, robotics, and artificial intelligence.He also said there is a ne
Business •
31 Mar '25
Umeme insists that the government’s audit undervalues the company’s investment and has formally notified authorities of a dispute under Section 9.1 of the Support AgreementInside and outside the Ntinda substation in Kampala, where Umeme r
Business •
30 Mar '25
President William Ruto has caused a diplomatic stir in Europe following recent remarks that have led to growing concerns over Kenya’s relations with European countries. Ruto's statements have reportedly angered European officials, triggering debates on Kenyaâ€
Business •
30 Mar '25
After months of attempting to remove responsibility, funding and staff from the U.S. Agency for International Development, the Trump administration moved to effectively close it down on FridayThe Trump administrat
Business •
30 Mar '25
KAMPALA, Uganda — Uganda’s construction sector is facing a financial crisis due to the government’s failure to pay UGX 1.351 trillion in arrears to road contractors, according to Francis Mwijukye, Shadow Minister for Works and Transport.
Business •
12 Mar '25
Rebecca Kadaga, a prominent Ugandan politician and lawyer, has built an impressive portfolio of assets over the years.Her lifestyle reflects her success and influence in Ugandan politics. Kadaga's wealth is evident in her properties, luxury cars, and various investments.Kadaga owns
Business •
12 Mar '25
Balaam Barugahara Ateenyi, commonly known as Balaam, has been a prominent figure in Uganda's business and political spheres.Born on July 28, 1979, in Mbarara, Uganda, Balaam's journey from humble beginnings to becoming a trusted minister under President Yoweri Museveni is both inspiring an
Business •
12 Mar '25
President Yoweri Museveni of Uganda, one of Africa's longest-serving leaders, has amassed significant wealth over his decades in power.His wealth is reflected in his luxurious properties, extensive business ventures, and substantial investments.Museveni's most notable property is hi