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Tariffs, Crashing Equities, Recession? - What On Earth Is Going On?

Tariffs, Crashing Equities, Recession? - What On Earth Is Going On?

I’ve spent much of the past quarter of the year zigzagging across Europe and the US, cursing Vladimir Lenin as I went. He is reputed to have coined the phrase ‘there are decades where nothing happens; and there are weeks where decades happen’, which in turn has been repeated back to me whereve

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Electricity Costs to Remain High Due to Expensive Investments - Prof Nuwagaba

Electricity Costs to Remain High Due to Expensive Investments - Prof Nuwagaba

Speaking at the Diaspora Exchange Forum hosted by Equity Bank, under the theme “Re-Routing Back Home: Funds Transfer for Powering Personal and Continental Growth,” Prof. Nuwagaba explained that the high cost of borrowing to develop electricity infrastructure makes lower electrici

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Keith Kalyegira appointed Absa Bank's board chairperson

Keith Kalyegira appointed Absa Bank's board chairperson

Absa Uganda has appointed  Keith Kalyegira as the new chairman of the bank's board, effective 1 March 2025.Kalyegira is a highly respected and seasoned advisor on strategy, investments, and capital markets, with a wealth of experience cutting across both the public and priva

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Govt Eyes Billions in New Taxes on Beer, Cigarettes

Govt Eyes Billions in New Taxes on Beer, Cigarettes

Henry Musasizi, Minister of State for Finance, presented the seven Tax Bills to Parliament’s Finance Committee, outlining the government’s strategies to boost revenue amidst economic pressures.The Ugandan Ministry of Finance has proposed significant tax hikes

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Northern Bypass Delays Crippling Kampala’s Traffic and Business

Northern Bypass Delays Crippling Kampala’s Traffic and Business

The Kampala Northern Bypass, a crucial road network linking different parts of the city, urgently needs the completion of its renovation works to restore smooth traffic flow and support businesses.While the repairs are necessary, the delays have created a traffic nightmare, affecting thous

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Trump Defies Market Wisdom, And Look Who'll Pay

Trump Defies Market Wisdom, And Look Who'll Pay

If there’s one thing that the White House wants us to know about the new tariffs that promise to upend the global economy, it’s that they’re “reciprocal.”We now know that they aren’t reciprocal at all. In fact, they bear no connection whatsoever to any levies that the target country

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‘There are no winners’: global companies respond to Trump tariffs

‘There are no winners’: global companies respond to Trump tariffs

From UK tailors to Australian farmers to Irish whiskey distillers, firms reveal the impact of US measuresDonald Trump’s sweeping tariffs will upend global trade, adding costs and delays to businesses around the world and threatening a recession.The Guardian spoke to eight businesses about

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The Village Boy Who Rose to Guard Uganda's Money: Meet Michael Atingi-Ego and Why M7 Appointed Him

The Village Boy Who Rose to Guard Uganda's Money: Meet Michael Atingi-Ego and Why M7 Appointed Him

President Museveni named Michael Atingi-Ego as Bank of Uganda Governor yesterday. "We trust his leadership will strengthen our financial systems," Museveni said during the announcement.Michael Atingi-Ego grew up h

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From Fame to Silence: How Museveni’s Most Loyal Minister Fell from Power in an Unexpected Twist

From Fame to Silence: How Museveni’s Most Loyal Minister Fell from Power in an Unexpected Twist

Evelyn Anite was once a highly influential minister in Uganda and a staunch supporter of President Yoweri Museveni. Many believed she had a bright and enduring future in politics. However, her fortunes have changed dramatically, and she is now associated with nu

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Meet The No-Nonsense Gen. Salim Saleh: The Billionaire Army General How He Is Controlling Economy

Meet The No-Nonsense Gen. Salim Saleh: The Billionaire Army General How He Is Controlling Economy

General Caleb Akandwanaho, widely known as Salim Saleh, is a prominent figure in Uganda's political and economic landscape.As the younger brother of President Yoweri Museveni, Saleh has wielded significant influence in shaping the country's economic policies and development strategies.

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