Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts.Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts, although bullion was still on track for its third straight monthly gain.Spot
The Alliance for National Transformation (ANT) presidential candidate, Rtd Maj Gen Mugisha Muntu, has pledged to revitalise Uganda’s struggling tea industry if elected in the forthcoming general elections.Addressing supporters in Kyenjojo district on Friday, Muntu said restoring the tea
Nsereko Kyamukungubya KiwanukaFormer finance minister and current presidential advisor on economy and finance, Maria Kiwanuka, has lost her youngest son, Nsereko Kyamukungubya Kiwanuka, widely known as “Kyamu.”Nsereko, who once wo
Property developer Sentongo HarunaCities, like people, grow in stages. Kampala, once a small settlement of hills dotted with temples, palaces, and modest trade centers, has become a sprawling metropolis of over 3 million people. The city buzzes with trade
Trade at the Mpondwe border point in Kasese District is thriving, fuelled by high demand from the Democratic Republic of Congo.Yet behind the apparent boom, small-scale vendors—especially the youth—are raising alarms about punitive taxes and the absence of political leadership to advoc
KAMPALA – Augustus Mulenga, the aspirant for National Chairperson of the NRM Entrepreneurs’ League, has kicked off a nationwide campaign to boost Uganda’s entrepreneurial sector through revitalised Savings and Credit Cooperative Organizations (Saccos), youth skilling initiatives, and better
President Museveni has extended financial support to 605 roadside vendors operating in Koranorya Market, Mbarara City, through the State House Roadside Market Vendor Project.The president, who did not attend the event in person, sent the support package of shs100,000 per vendor throug
Africa’s digital economy is now worth over Shs 680 trillion—and this is just the beginning.But what does that even mean for a typical Ugandan who sells newspapers in the taxi park, owns a boda boda, or simply has a smartphone?The digital economy in itself refers to business
Residents of Nyombe Parish in Ndorwa County West caused a stir on Tuesday when they blocked a campaign convoy belonging to Minister David Bahati.The angry villagers tore down an old, broken bridge, stopping the minister from reaching his
Tension escalated on Tuesday in Nyombe Parish, Kahungye Sub-county, Ndorwa County West, after residents took matters into their own hands by dismantling a dilapidated bridge along the Rwenkorongo-Nyombe-Katete-Nkora Road.This action effectively blocked Mi
