The Uganda Police’s Criminal Investigations Directorate (CID) has launched an inquiry into an alleged case of obtaining money by false pretenses involving Hon. Bamwine Quillino, the Honorary Consul of the Kingdom of Eswatini to Uganda.According to an official letter dated 21st October 20
Russian Deputy Prime Minister Alexander Novak said earlier that Moscow and Beijing had raised the share of payments in national currencies to 99%Russia and China carry out 99.1% of trade transactions in their national currencies, Russian Finance Minister Anton Siluanov told the Rossiya-1 T
From Milking Cows to Millionaire Mansions: Inside Black Coffee’s R157 Million Clifton Dream Home and Billion-Rand EmpireNkosinathi Maphumulo, the globally acclaimed DJ Black Coffee, has come a long way from his humble beginnings in a rural Eastern Cape village. Milking cows with his gran
Lukoil said Thursday it had accepted an offer from global commodity trader Gunvor to buy its foreign assets, which Russia’s second-largest oil company is seeking to sell after Washington imposed sanctions on it last week.The planned asset sale is the most consequential action so far by a
Singapore — Oil prices eased on Friday, heading for a third consecutive monthly decline, as a stronger dollar and weak China data capped gains while rising supply from major producers globally offset the effect of Western sanctions on Russian exports.Brent crude futures slipped 36c, or 0
RUBIS Energy Uganda confirmed a significant step in its national expansion strategy with the official launch of 15 new service stations across the country. This strategic investment is designed to modernise Uganda’s energy and mobility infrastructure, focusing on delivering enhanced value, effi
Business executives must remember that customers are human beings navigating the same economic stormsCOMMENT | SIMON DDEMBE | The year 2025 has tested the resilience of many Ugandans. Business activity has remained sluggish, household incomes continue to shrink, and countless families are
MTN Mobile Money (U) Ltd (MTN MoMo) and partners have launched a nationwide cybersecurity awareness campaign under the theme “Securing the Future: The Rise of AI” to educate customers on safe digital practices amid rising cyber threats.Speaking at a p
Cybersecurity has become one of the fastest-growing global concerns, threatening financial systems, businesses, and governments.Valued at $193.73 billion in 2024, the global cybersecurity market is projected to more than double to $562.77 billion by 2032—a reflection of the scale of inve
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
