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Tesla shares tumble ahead of first-quarter earnings report

Tesla shares tumble ahead of first-quarter earnings report

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

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Court Orders Sale of Emerald Hotel over ABSA Loan

Court Orders Sale of Emerald Hotel over ABSA Loan

Kampala, Uganda – The Court of Appeal has directed the appointed receiver to audit and sell Emerald Hotel in Kampala within six months under court supervision.This decision overturns a prior High Court judgment

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M23 rebels move to establish own banking system in captured DRC cities

M23 rebels move to establish own banking system in captured DRC cities

The March 23 Movement (M23) rebels have announced plans to establish their own banking system in areas under their control in the Democratic Republic of Congo (DRC), signaling their continued hold over the region.

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Governance professionals urged to embrace AI in corporate structures

Governance professionals urged to embrace AI in corporate structures

Company directors and secretaries have been called upon to rethink governance in an AI-driven world and explore ways to foster more objective, transparent, and effective decision-making processes.This call was made during the 14th Annual Directors and Company Secretaries Conference, held u

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Here’s What Whistle Blower Told RDC Hudu Hussein About Masaka-Based El Cambio Academy

Here’s What Whistle Blower Told RDC Hudu Hussein About Masaka-Based El Cambio Academy

Last November, the Masaka city RCC’s office received a big petition by authors claiming to be insiders working for Danish missionary Thomas Thor Madsen at his NGO and soccer academy called El Cambio Academy (FADUFL).

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Byanyima Calls Out Dr. Atwine: "Why Not Work for Free Too?" Following Ministry's Call for Volunteers

Byanyima Calls Out Dr. Atwine: "Why Not Work for Free Too?" Following Ministry's Call for Volunteers

Following the freeze on US foreign aid, Uganda’s Ministry of Health asked health workers supported by USAID and the Centers for Disease Control and Prevention (CDC) to continue their work as volunteers "in the spirit of patriotism."

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Martin Nsubuga Refuses To Vacate URBRA Office After Failing to Use Court To Get Back his CEO Position

Martin Nsubuga Refuses To Vacate URBRA Office After Failing to Use Court To Get Back his CEO Position

Parliament and the State House Anti-Corruption Unit (SHACU) have been petitioned to inquire into circumstances under which the disgraced Martin Nsubuga has continued to physically occupy public office at Uganda Retirement Benefits Regulatory Authority (URBRA) 6

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Martin Nsubuga Refuses To Vacate URBRA Office After Failing to Use Court To Get Back his CEO Position

Martin Nsubuga Refuses To Vacate URBRA Office After Failing to Use Court To Get Back his CEO Position

Parliament and the State House Anti-Corruption Unit (SHACU) have been petitioned to inquire into circumstances under which the disgraced Martin Nsubuga has continued to physically occupy public office at Uganda Retirement Benefits Regulatory Authority (URBRA) 6

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TotalEnergies Brings Electric Charging to Kampala with New Public Station

TotalEnergies Brings Electric Charging to Kampala with New Public Station

(Kampala) – TotalEnergies Marketing Uganda has opened its first public electric charging station in Kampala at the Wampewo Service Station, in partnership with Green Hub. This launch represents a notable advancement in Uganda’s commitment to transitioning towards renewable energy and sustainable

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MTN Foundation enhances Digital Access at St. Joseph’s Seminary Nyenga

MTN Foundation enhances Digital Access at St. Joseph’s Seminary Nyenga

MTN Uganda, through its corporate social responsibility arm, MTN Foundation, is excited to announce its latest initiative to boost digital access and education at St. Joseph’s Seminary Nyenga. As part of its commitment to empowering youth and bridging the digital divide, MTN Uganda is p

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