Gold prices surged beyond $5,000 per ounce for the first time, as investors rushed to the safe-haven asset as concern spread that US President Donald Trump is upending relations with key allies from Europe to Canada.In this year’s first 26 days, the price of gold has jumped 15%, building
The Uganda Electricity Distribution Company Limited – UEDCL has released the approved retail electricity tariffs for the first quarter of 2026 (January-March), as sanctioned by the Electricity Regulatory Authority (ERA).These rates apply to all consumer categories, including domestic, co
More than two months after the token hit a record high above $12 000, Bitcoin has fallen nearly 30% and is struggling to find support.Bitcoin’s most entrenched investors are still cashing out — and the pressure is starting to show.More than two months after the token hit a recor
An inquiry into the cost of electricity from the 250MW Bujagali Hydropower Dam has revealed that government has over the past seven years paid USD 213.1 million (about UGX 775 billion) in deemed energy, money paid to Bujagali Energy Limited (BEL) for power generated but not taken by the national
FILE - Vehicles and trucks for export wait for transportation from a port in Yantai in eastern China's Shandong province on Jan. 2, 2025. (Chinatopix via AP, File) (ASSOCIATED PRESS)HONG KONG (AP) — China’s exports returned to growth in November following an unexpected contraction the
Tesla boss Elon Musk has said H-1B visas were being "gamed" by "some outsourcing companies", but the solution was stopping the abuse and not dismantling the system.Roughly 70% of these visas - that allow US companies to hire skilled foreign workers - are used by Indi
The Uganda Chamber of Commerce and Entrepreneurs’ League and Confederation (UCCEC) has dragged the Governments of Uganda, Kenya and Tanzania to the East African Court of Justice (EACJ) over what it describes as persistent violations of Uganda’s right of access to the Indian Ocean.The P
Inflation’s silent threat: Is crypto creeping in on traditional diversifiers’ turf?In today’s markets, uncertainty has become the new normal, putting pressure on traders and investors alike.Changing tariffs, shifting monetary policies, and persistent tensions are weighing on s
Trump's latest claim on the future of the India-Russia energy ties comes in the backdrop of ongoing trade negotiations between New Delhi and Washington.Days after he claimed that India would soon pause its Russian oil trade, US President Donald Trump has intensified the claim, now saying I
Hajjat Hadijah Namyalo, Head of the Office of the National Chairman, in a group photo with Mr Kaka Kasim, Executive Director at Ahmed Raza Foods Industries Ltd and his staff at the factory headquarters in Matugga, Wakiso District on Wednesday, November 05, 2025Wakiso, Uganda: Ugandan local
