Business •
05 Nov '25
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
Business •
04 Nov '25
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
Business •
02 Nov '25
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
Business •
29 Oct '25
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 •
27 Oct '25
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
Business •
20 Oct '25
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
Business •
23 Sep '25
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
Business •
08 Sep '25
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
Business •
04 Aug '25
Putin appears unmoved in the face of Trump’s deadline diplomacy and social media brinkmanshipThe muddled US-Russia equation under Trump is symptomatic of a larger leadership dilemma.US President Donald Trump faces a daunting series of foreign p
Business •
04 Aug '25
Kampala, Uganda | The High Court’s Commercial Division has granted city businessman Dalaus Katongole, trading as Ngoleda Stores, permission to defend a suit filed by Stanbic Bank Uganda Ltd seeking to recover Shs 427 million. Justice Patience T.E. Rubagumya ru