Japan has issued a megaquake advisory after Monday's 7.6-magnitude earthquake struck off the nation's eastern coastJapan's Prime Minister Sanae Takaichi speaks to reporters at the prime minister's office in Tokyo after a strong earthquake struck northeastern Japan. Japan has issued
Public Investment Corporation chair says investments ‘not entirely prudent’PIC chair David Masondo. Picture: FREDDY MAVUNDA/BUSINESS DAYThe high level of impairments in the Public Investment Corporation’s (PIC) unlisted investment portfolio was overwhelmingly due to legacy inv
Stanbic Bank Uganda, in partnership with the Uganda Communications Commission (UCC), ONGEA Africa and the Uganda Digital Society, has launched the Stanbic Ongea Digital Creators Summit, a major initiative aimed at empowering young creators with digital skills, business training, financial literac
The Embassy of the Republic of Uganda in Doha successfully hosted the 2025 Uganda–Qatar Diaspora Convention on November 28, drawing hundreds of Ugandan migrant workers, diaspora leaders, government officials, and private-sector partners for a full day of engagement and empowerment.The Co
Russia's economy is facing a "time bomb", as sanctions escalate and interest rates remain high. Businesses around the country are struggling to pay back loans and are fighting to stave off bankruptcy.Firms have watched on helplessly as interest rates were hiked to 21% towards the end of 20
Uganda’s coffee sector has posted its strongest performance in history, with exports for the Coffee Year 2024/2025 soaring to 8.2 million 60kg bags, earning the country US$2.3 billion (UGX 8.1 trillion).The latest report from the Ministry of Agriculture, Animal Industry and Fisheries (MA
Government has moved to raise salaries of Resident District Commissioners (RDCs) to Shs9million from the current 2.2 million shillings per month.Uganda currently has a total of 146 Residents District Commissioners, 163 Deputies and about 300 of their Assistants serving across the various d
Nearly two years after the World Bank Group suspended new funding to Uganda over the enactment of the Anti-Homosexuality Act, the international lender has lifted the ban.Deputy Speaker of Parliament Thomas Tayebwa was among the first to welcome the development, congratulating the Ministry
The decision to flag up the licensing rounds is in line with President Bola Tinubu’s plan to grow Nigeria to a $1 trillion economy.A graphic illustration of barrels of crude oilThe Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced its intention to commence th
Kampala – In the span of just over two months, five senior Uganda Police Force (UPF) officers have met untimely ends, sparking whispers of a curse on the force and urgent calls for transparency. From mysterious collapses to brutal attacks, the deaths of these dedicated servants of the law raise
