Lukoil said Thursday it had accepted an offer from global commodity trader Gunvor to buy its foreign assets, which Russia’s second-largest oil company is seeking to sell after Washington imposed sanctions on it last week.The planned asset sale is the most consequential action
you are looking for a real estate market that combines affordability, stability, and growth potential – look no further than Arkansas.Over the next 10 years, the Natural State is positioned to become one of the most rewarding markets in the country.With low p
Africa’s digital economy is now worth over Shs 680 trillion—and this is just the beginning.But what does that even mean for a typical Ugandan who sells newspapers in the taxi park, owns a boda boda, or simply has a smartphone?The digital economy in itself refers to business
Today, just four of Africa’s richest billionaires hold $57.4 billion in wealth — more than the combined wealth of 750 million people, or half the continent’s population, according to a new Oxfam report.The report –
It begins with a promise. A satellite dish on a tin roof. A blinking terminal in the middle of rural Kisii. Suddenly, a boy can watch a YouTube video without buffering.A teacher downloads a lesson plan in seconds. A clinic sends health records to the capital without delay. It feels like th
The price of brown sugar has soared across Uganda, with consumers and traders alike feeling the pinch of global supply disruptions and erratic weather that has battered production in leading sugar-exporting nations.A kilogram of brown sugar now sells for between Shs5,500 a
Let me take you back to a conversation I overheard between two Taxi commuters in Kampala not long ago. Two passengers, clearly regulars on the route, were swapping war stories of traffic, transport costs, and landlords.One said, “Eh, I pay Shs300,000 rent in Seeta, but every day I lose t
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
From UK tailors to Australian farmers to Irish whiskey distillers, firms reveal the impact of US measuresDonald Trump’s sweeping tariffs will upend global trade, adding costs and delays to businesses around the world and threatening a recession.The Guardian spoke to eight businesses about
Dr Gerald Akankwasa, a general physician at Mulago Hospital, started his backyard flock in Jokolera, Kasangati Town Council, Wakiso District, with just three turkeys in early 2023. Barely two years later, he now has more than 170 birds of different ages. And with his determination and in
