Business •
23 Apr '25
Economic gains from artificial intelligence will boost global output by around 0.5% a year between 2025 and 2030, outweighing the costs of rising carbon emissions by the data centres needed to run AI models, the International Monetary Fund said on Tuesday.An IMF report released at its annual spr
Business •
22 Apr '25
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
Business •
22 Apr '25
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
Business •
22 Apr '25
Archbishop Paul Ssemogerere has issued a stark warning against the rising tide of dishonesty, betrayal, and moral decline in Uganda.Preaching during Easter Monday Mass at Lubaga Cathedral, he lamented the deepening culture of greed and selfish ambition, urging the faithful to recommit to t
Business •
22 Apr '25
Kiyinda-Mityana Anglican Bishop James Bukomeko has extended heartfelt condolences to the Roman Catholic Church following the death of Pope Francis, praising the late pontiff as a global spiritual father, peace advocate, and tireless humanitarian.“We have lost a spiritual father. Pope Fra
Business •
22 Apr '25
Following the death of Pope Francis on Easter Monday, just a day after blessing thousands in St. Peter’s Square, the Catholic Church now faces a moment of profound transition.The papal conclave a solemn and secretive gathering of cardinals will soon begin in the Vatican to elect the next
Business •
14 Apr '25
Kats adds that Sheila Gashumba has since recruited different girls into the same business, and it is what is paying for her bills at the moment.Ageing media personality Edwin Katamba, also known as Mc Kats, has no kind words for social media influencer
Business •
14 Apr '25
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
Business •
14 Apr '25
Even political heavyweights have their personal playlists, and for National Unity Platform (NUP) Secretary General David Lewis Rubongoya, music holds a special place.In an interview, Rubongoya named some of his favorite Ugandan musicians, showing that eve
Business •
14 Apr '25
Bugiri Municipality MP and Justice Forum (JEEMA) party president Hon. Asuman Basalirwa has said he will not seek another term as the party’s leader.Speaking openly about his time at the top, Basalirwa said he feels he has done his part and it is time fo