Bengaluru — Gold held steady on Monday, kept in check by a strong dollar as investors dialled back bets for further Federal Reserve rate cuts in the near term, while easing US-China trade tensions also crimped bullion demand.Spot gold was flat at $4,000.65/oz by 5.04am GMT. US gold futur
By close of business on Friday, police had retrieved four bodies of men from Nakivubo Channel in downtown Kampala. The victims are suspected to have died in the morning downpour that caused severe flooding across the city.According to Deputy Kampala Metropolitan Police Spokesperson Luke Ow
Moving around several areas in Kampala with the onset of the rainy season has become very troublesome because of the ongoing road construction works. From Bwaise in Kawempe to Gaddafi Road in Old Kampala, and several other parts of the city, road projects are underway.While constructing ro
Parts of downtown Kampala turned into a shallow lake this morning after heavy rains unleashed flash floods that swept through shops, streets, and the new taxi park, reigniting public fury over the controversial Nakivubo Channel redevelopment. Traders watched helplessly as their merchandise floate
The Affordable Housing Project promised dignity and stability for Kenya’s urban poor, yet gaps in delivery are fast exposing cracks in what was once hailed as a groundbreaking social revolution.In Nairobi’s New Mukuru Housing Estate, residents who once lived in congested shacks now enj
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
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
