Business •
14 Nov '25
Russia's economic crisis is intensifying with thousands of companies reportedly facing bankruptcy. Businesses have been hit by a double whammy of sanctions and high interest rates, since the outbreak of the full-scale war in February 2022.The key interest rate rose to a staggering 21% last
Business •
14 Nov '25
Uganda has joined Bangladesh, Somalia, Cameroon, Afghanistan, Sudan and other countries in the United Arab Emirates’ 2025 visa ban. The UAE has temporarily suspended the issuance of visit and work visas for citizens of nine countries due to security, immigration, and diplomatic concerns.
Business •
13 Nov '25
JUBA — South Sudan’s powerful Vice President, Dr. Benjamin Bol Mel, has been dismissed from all his government, military, and party positions following damning United Nations findings accusing him of orchestrating the large-scale plunder of the country’s oil wealth.A series of presid
Business •
11 Nov '25
Recent video showing Vladimir Putin's swollen hand and bulging veins during a meeting with Xi Jinping has fueled new health rumors about the Russian president.Russian President Vladimir Putin's recent public appearance created a buzz on social media. The viral videos and pictures showcasin
Business •
03 Nov '25
How government’s borrowing spree is leaving citizens bearing the country.At dawn, the roar of engines rises above the quiet streets of Entebbe as David Tumusiime, 47, prepares for his daily commute to Kampala. Like thousands of other motorists, he joins the line snaking toward the Enteb
Business •
31 Oct '25
City Power says it won’t turn the lights back on for some Alexandra residents on 9th and 10th avenues until 80% of customers start paying for electricity.After an outage caused by burnt jumpers and breakers at City Power’s mini substation left some residents on 9th and 10th avenues alo
Business •
31 Oct '25
The oil sector’s development — including two central processing facilities at Kingfisher and Tilenga — is expected to unlock billions in ancillary investment and generate thousands of jobsKampala: Uganda’s proven oil reserves have risen to 6.65 billion barrels, up from 6.4 billion,
Business •
28 Oct '25
Vincent Waiswa Bagiire, Permanent Secretary, Ministry of Foreign Affairs of the Republic of UgandaDoha — The Embassy of the Republic of Uganda in the State of Qatar successfully hosted the Second Edition of the Uganda–Qatar Business Forum at Rotana City Centre, Doha, under the theme: â
Business •
16 Sep '25
King Saha has now issued a stern warning to Alien Skin to stop attacking Chameleone, stating that he will fight anyone who attacks his mentor.Musician King Saha is among the many artists mentored by Jose Chameleone. He started his music career with
Business •
23 Aug '25
“The mere act of lending money without a physical address in Uganda does not create an obligation for the appellant as a foreign lender to register. The appellant has a right to implement the terms of the agreement in Uganda, including instituting proceedings