Tesla shares fell almost 6% on Monday, a day ahead of the electric vehicle company's first-quarter earnings report, as analysts fret over "ongoing brand erosion."The stock closed at $227.50 leaving it less than $6 above its low for the year on April 8. The shares are now down 44% for the year af
Uganda continues to lose significant revenue from the artisanal and small-scale mining (ASM) sector due to rampant informality and weak regulatory enforcement, the Advocates Coalition for Development and Environment (ACODE) has said.Despite being rich in minerals, Uganda has failed to tran
The Ministry of Public Service has unveiled a plan for a massive salary enhancement strategy targeting all public servants across Uganda—a move projected to cost taxpayers over UGX688.9 billion.This proposal is detailed in the 2025/2026 Ministerial Poli
Senator Dave McCormick spoke to Brian Kilmeade about how President Trump and Elon Musk are doing the public good with DOGE. Plus, McCormick on his new book "Who Believed in You: How Purposeful Mentorship Changes the World"The Department of Government Efficiency (DOGE) announced $51 million in cu
WASHINGTON (Reuters) - American families of victims of the October 7, 2023, attacks on Israel filed a lawsuit on Monday against a prominent Palestinian-American businessman, Bashar Masri, charging that he provided assistance in constructing infrastructure that allowed Hamas militants to carry out th
Additionally, MTN Uganda launched special voice bundles tailored for the central region, encouraging the public to communicate, share business opportunities, and exchange health knowledge. Customers could dial *100*21*1# to access 35 minutes at only 1,000 UGX.MTN Uganda proudly jo
The Uganda Revenue Authority (URA) is set to recruit 1,260 new staff members to enhance tax collection efforts, particularly targeting high-net-worth individuals in industries such as construction, transport, and professionals.This move aims to increase revenue collections and reduce depen
Jennifer Lawrence18 / 20Paramount Pictures/Warner Bros Pictures/Kobal/ShutterstockTaraji P. Henson earned a Best Supporting Actress Oscar nomination for 2008’s The Curious Case of Benjamin Button, but years later she was still fired up by the $150,000 she accepted to be in the movie—
Henry Musasizi, Minister of State for Finance, presented the seven Tax Bills to Parliament’s Finance Committee, outlining the government’s strategies to boost revenue amidst economic pressures.The Ugandan Ministry of Finance has proposed significant tax hikes
The Kampala Northern Bypass, a crucial road network linking different parts of the city, urgently needs the completion of its renovation works to restore smooth traffic flow and support businesses.While the repairs are necessary, the delays have created a traffic nightmare, affecting thous
