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
The National Social Security Fund (NSSF) has posted record-breaking operational efficiency, outshining regional peers and challenging stereotypes about Ugandan managerial competence.Speaking during the Eastern Regional Employer Engagement in Mbale, NSSF Executive Director Patrick Ayota ann
The Utah Jazz took a punch to the gut at the beginning of this season with their brutal injury to second-year forward Taylor Hendricks.Just three games into his second year pro, Hendricks suffered from a gruesome ankle injury resulting in a fractured right fibula and dislocated ankle, effectivel
Isn’t it fascinating what technology can do today? From AI to lightning-fast internet, everything is just a click away. But what happens when there’s no power? When your battery runs low? That’s where something timeless steps in—an art form that doesn’t rely on screens or signals but o
Absa Uganda has appointed Keith Kalyegira as the new chairman of the bank's board, effective 1 March 2025.Kalyegira is a highly respected and seasoned advisor on strategy, investments, and capital markets, with a wealth of experience cutting across both the public and priva
There’s nothing worse than looking back at your life and realising you misused money that could have changed your future.Last week, we talked about giving your money a job. I hope your wallet had a productive week. But now, let’s talk about something even mor
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
Only holding a half-game lead over the Milwaukee Bucks, it remains unclear where the Detroit Pistons will end up finishing in the Eastern Conference standings. Looking at their possible first-round opponents, one of them could be getting notable reinforcements as the regular season comes to a close.
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
Mbarara, Uganda — The Uganda Revenue Authority (URA) has called on landlords across the country to voluntarily declare their rental properties and register for rental income tax, warning of steep penalties for non-compliance.
