Business •
05 Apr '25
OpenAI is reconfiguring its rollout plan for upcoming AI models. The company’s CEO, Sam Altman shared on social media on Friday that it will delay the launch of its GPT-5 large language model (LLM) in favor of some lighter reasoning models to release first.The brand will now launch new o3 and
Business •
04 Apr '25
With just eight months until Uganda’s 2026 general election cycle begins, political parties are under growing scrutiny for their slow preparations.While the ruling National Resistance Movement (NRM) and the Democratic Party (DP) have already mapped out their election strategies, key oppo
Business •
30 Mar '25
The Ministry of Internal Affairs has announced that soon, Ugandans will be required to present their National Identification Numbers (NIN) to access all services, both public and private.This policy shift, which i
Business •
30 Mar '25
Uganda has taken a major step in its oil sector after signing an agreement with Alpha MBM Investments LLC, a company based in the United Arab Emirates (UAE), for the construction of a crude oil refinery in Hoima District.
Business •
30 Mar '25
KAMPALA, Uganda — Uganda’s construction sector is facing a financial crisis due to the government’s failure to pay UGX 1.351 trillion in arrears to road contractors, according to Francis Mwijukye, Shadow Minister for Works and Transport.
Business •
12 Mar '25
City businessman and billionaire, Hassan Basajjabalaba could lose a significant part of his Kampala International University over UGX 57 billion loan dispute after the High Court in Kampala ruled in favor of Housing Finance Company Limited in a high-stakes financial dispute.The ruling, whi
Business •
20 Jan '25
Dodoma. Tanzania’s ruling party, Chama Cha Mapinduzi (CCM), is set to pass a resolution endorsing President Samia Suluhu Hassan and President Hussein Ali Hassan Mwinyi as the party’s official candidates for the Union and Zanzibar presidential elections, resp
Business •
17 Jan '25
Parliament has officially requested the Electoral Commission (EC) to organize a by-election for the Kawempe North parliamentary seat, following the death of Hon. Muhammad Ssegirinya on January 9, 2025.The request was conveyed in a January 15 le
Business •
08 Nov '24
Effective January 1, next year, all importers will be required to insure their cargo using local companies. The new requirement is provided under the Marine Cargo Insurance Policy, which first took effect on July 1, 2022, but was postponed, with Uganda Revenue Authority saying importers
Business •
29 Oct '24
On October 4, the Electricity Regulatory Authority (ERA) published in this newspaper a “notice of intended application for licence” for the development of the proposed 20 Megawatts waste-to-energy power plant in Ddundu Village in Kyampisi Sub-county, Mukono District. The notice, a pr