Business •
24 Apr '25
Tesla boss Elon Musk has pledged to "significantly" cut back his role in the US government after the electric car firm reported a huge drop in profit and sales for the start of this year.Musk has led the newly created advisory body - the Department for Government Efficiency (Doge) - since
Business •
23 Apr '25
As Parliament prepares to approve its policy statements guiding the 2025/26 national budget, scrutiny of its own financial plans reveals a potentially troubling trend: more money allocated to political administration than to the core legislative committees that drive parliamentary scrutiny and ov
Business •
23 Apr '25
Economic gains from artificial intelligence will boost global output by around 0.5% a year between 2025 and 2030, outweighing the costs of rising carbon emissions by the data centres needed to run AI models, the International Monetary Fund said on Tuesday.An IMF report released at its annual spr
Business •
22 Apr '25
Tesla shares fell almost 6% on Monday, a day ahead of the electric vehicle company's first-quarter earnings report, as analysts fret over "ongoing brand erosion."The stock closed at $227.50 leaving it less than $6 above its low for the year on April 8. The shares are now down 44% for the year af
Business •
03 Apr '25
Absence of streetlights on the Arumparthapuram bypass has made commuting difficult for vehicle users, especially at night.The bypass, laid to ease traffic congestion on the Puducherry-Villianur Road, was thrown op
Business •
30 Mar '25
Bombo Military Barracks, situated in Bombo town, Luweero District, is the largest military base in Uganda and serves as the primary operational hub for the Uganda People’s Defence Forces (UPDF). This barracks plays a crucial role in ensuring national security
Business •
30 Mar '25
The lavish mansion of the late General Charles Oluka has become a hot topic in Uganda following his death.Located in Katovu village, Kajjansi town council, Wakiso district, the grand residence has sparked curiosit
Business •
14 Mar '25
Mawokota North Member of Parliament, Hillary Kiyaga, has made shocking claims about the infamous Toyota Hiace vans, commonly known as "drones," used by Ugandan security personnel.Hillary Kiyaga, currently admitted
Business •
14 Mar '25
General Muhoozi Kainerugaba, the newly appointed Chief of Defence Forces (CDF) of Uganda, holds one of the most powerful positions in the Uganda People’s Defence Forces (UPDF).His salary, estimated at UGX 15 mil
Business •
12 Mar '25
A fatal road accident on the Gulu-Kamudini Highway has resulted in one death and left another person seriously injured. The incident took place at Ngato Swamp in Oyam District when a broken-down trailer was struck by another vehicle, causing a significant obstruction on the road.Traffic Po