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
Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts.Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts, although bullion was still on track for its third straight monthly gain.
President Donald Trump has said he will immediately remove Federal Reserve official Lisa Cook from her position, a major escalation in his battle against the US central bank.In an announcement made on his social media platform Truth Social, Trump posted a letter addressed
Hours before South Korean president Lee Jae Myung was due to meet US president Donald Trump, a Truth Social post dropped."WHAT IS GOING ON IN SOUTH KOREA?" Trump wrote, pointing to a "Purge or Revolution" - which many saw as a reference to the prosecution of former preside
Putin appears unmoved in the face of Trump’s deadline diplomacy and social media brinkmanshipThe muddled US-Russia equation under Trump is symptomatic of a larger leadership dilemma.US President Donald Trump faces a daunting series of foreign p
Lawyer Steven Kalali addressing the mediaA Ugandan lawyer, Steven Kalali, has petitioned the East African Court of Justice (EACJ) over a new Tanzanian law that restricts non-citizens, including East African Community (EAC) nationals, from engaging in spec
Uganda is in the middle of high-stakes negotiations with the United States, aiming to strike a new bilateral deal that could ease visa restrictions and lower tariffs on Ugandan exports.The talks, currently being held behind closed doors, have drawn in key player
President Museveni has arrived in Nairobi, Kenya, for a high-level official visit aimed at strengthening bilateral relations between Uganda and Kenya.Museveni touched down in the Kenyan capital on today morning and was warmly received by Kenyan officials ahead of planned engagements w
The Electricity Regulatory Authority (ERA) has issued a strong warning to the public against electricity theft and tampering with power infrastructure, calling such acts serious criminal offenses that threaten public safety and the integrity of the national power supply.Speaking on the mat
The Electricity Regulatory Authority (ERA) has approved UEDCL’s latest power tariffs for July to September 2025.KAMPALA, Uganda — The Electricity Distribution Company Limited (UEDCL) has released its new retail electricity tariff
