Search Results

Trump’s tariff formula confounds the world, punishes the poor

Trump’s tariff formula confounds the world, punishes the poor

Just R20 for the first month. Support independent journalism by subscribing to our digital news package. Image: REUTERS/Kent Nishimura Ridiculed for imposing trade tariffs on frozen islands largely inhabited by penguins, US President Donald Trump's formula for calculating the levi

Ultimate Uganda

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

Ultimate Uganda

‘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

Ultimate Uganda

Uganda Joins Afreximbank's Feda as 21st Member State

Uganda Joins Afreximbank's Feda as 21st Member State

Uganda has officially joined the Fund for Export-Development in Africa (Feda),marking a significant step in the country’s economic transformation and its commitment to industrialization and value-added export development across Africa.The signing of Feda's Establishment Agreement took pl

Ultimate Uganda

Lesotho shocked by Trump's remarks that 'nobody has heard of the country'

Lesotho shocked by Trump's remarks that 'nobody has heard of the country'

Trump, addressing the US Congress in his first speech since his return to the Oval Office, made the reference as he listed cuts made to what he said was wasteful expenditure.BBC | Lesotho's government says it is shocked by US President Donald Trump saying that "n

Ultimate Uganda

Trump will 'probably' cut Mexico and Canada tariffs - US commerce chief

Trump will 'probably' cut Mexico and Canada tariffs - US commerce chief

BBC | US Commerce Secretary Howard Lutnick has said President Donald Trump will "probably" announce a deal to reduce tariffs on Canada and Mexico on Wednesday."Both the Canadians and Mexicans were on the phone with me all day today trying to show that they'll do better" on

Ultimate Uganda

US tariffs on Canada and Mexico will happen Tuesday, says commerce chief

US tariffs on Canada and Mexico will happen Tuesday, says commerce chief

BBC | US tariffs against Canada and Mexico are set to come into effect on Tuesday but their level will be decided by Donald Trump, the US commerce secretary has said.The US president has threatened to impose 25% tariffs, which are a tax on imports, on his two neighbours on

Ultimate Uganda

What does Trump’s win mean for Africa?

What does Trump’s win mean for Africa?

 As it became clear that Donald Trump had landed the US presidency for the second time, leaders from across Africa began tweeti

Ultimate Uganda

Local contractors say bid qualifications requirements are unnecessarily high

Local contractors say bid qualifications requirements are unnecessarily high

At a glance, The Big We is a book that appears to spread the Ugafuturist-vision. But then you read the subtitle: “A Blueprint for Sustainable Growth of The Local Construction Industry in Uganda.” The author later clarifies that the BIG WE is an acronym for ‘Business Development, In

Ultimate Uganda

Will Opposition politicise coffee during 2026 polls?

Will Opposition politicise coffee during 2026 polls?

President Museveni’s televised address to the nation Thursday night went to great lengths to drill the final nail in the coffin of the Uganda Coffee Development Authority (UCDA).  Formed by an Act of Parliament 1991 that was amended three years later, UCDA stepped into the shoes of th

Ultimate Uganda