Business •
11 Nov '24
U.S. President-elect Donald Trump spoke with Russian President Vladimir Putin and advised him not to escalate the Ukraine war, a source familiar with the conversation told Reuters on Sunday, as President Joe Biden plans to urge Trump not to abandon Kyiv. Trump and Putin spoke in recent d
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
Business •
08 Nov '24
Salva Kiir Mayardit has served as South Sudanâs president since the countryâs independence in 2011. South Sudanâs secession from Sudan came on the heels of a long and bloody civil war that resulted in a referendum on independence. The initial optimism about the new state f
Business •
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 •
05 Nov '24
Everyday arm exercises are your secret weapon for strength, agility, and functional wellness. Just a few minutes a day can bring transformative benefits, helping you lift, carry, and reach with greater ease. Imagine carrying heavy bags or lifting items overhead without a second thought, stro
Business •
05 Nov '24
Sudan has cancelled a port deal with the United Arab Emirates in an apparent protest at Abu Dhabi for its supposed support for the Rapid Support Forces, the paramilitary engaged in a deadly conflict with government forces. Finance Minister, Jibril Ibrahim said his country had cancelled a
Business •
05 Nov '24
The US heads to the polls today, with many across Africa, including Uganda, hopeful that the incoming president will maintain foreign aid that supports educational programmes. The US has significantly contributed to Uganda's education sector through scholarships, partnerships, funding, a
Business •
31 Oct '24
The appointment of military serving officers into civilian roles has been challenged before the Constitutional Court in Kampala. The petitioners led by the Makerere University law don, Prof Christopher Mbazira, in their petition filed on October 24, contend that the practice contravenes
Business •
29 Oct '24
The growth of small and medium enterprises (SMEs) in Uganda has reached an all-time high, with an estimated 1.1 million SMEs operating across various sectors, according to a World Bank report. Despite this growth, one-third of Ugandan SMEs, especially small businesses, fail to survive their
Business •
23 Oct '24
Two years after government voted to invest more than Shs266 billion in Roko Construction Company, concerns are growing that if not closely monitored, this may turn into another huge loss to the taxpayer. Parliament now wants the government through the Ministry of Finance, Planning and Ec