Business •
25 Apr '25
A Vietnamese energy mogul has delivered a sobering critique of Africa’s chronic development paralysis, warning that failure to prioritize basics like energy in countries like Kenya is fatal to economic progress.Doanh Chau, president of Vietnam Gas and Energy Science Grou
Business •
25 Apr '25
Kigali is set to welcome more than 400 aviation leaders, experts, and innovators from across the globe for the 13th the African Airlines Association (AFRAA) Aviation Stakeholders Convention and the 2nd African Aviation Safety and Operations Summit this May.The 13th AFRAA A
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
A burst of Ugandan energy lit up Guangzhou China as the Consulate General unveiled “Bridging Tradition and Progress: A Ugandan Story”, a dynamic event that showcased Uganda’s cultural wealth, tourism appeal, and expanding economic promise.Attended by a cross-section of diplomats, inv
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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 •
14 Apr '25
President Donald Trump took to Truth Social to clarify that China - which is embroiled in an escalating trade war with the US - will not be exempt from tariffs on electronics and semiconductorsDonald Trump preparing to watch a UFC bout in Miami, Florida
Business •
06 Apr '25
China Town, a supermarket in Kampala has opened a new store at Akamwesi Mall along the Kampala- Gayaza Road.Speaking during the opening ceremony on Thursday, Kawempe Division Resident City Commissioner, Hajji Noor Njuki Mbabali hailed the Chinese store for creating employment for Ugandans
Business •
06 Apr '25
In a bid to tackle Kampala’s flooding nightmare, the KCCA Council has approved a move to work hand-in-hand with competent local investors to develop, cover, and upgrade drainage channels across the city.The resolution, passed during a fiery council session on April 3, 2025, came wit
Business •
06 Apr '25
Global tech and media moguls have graced the red carpet with their wives for a glitzy prize ceremony.Mark Zuckerberg, Bill Gates and Rupert Murdoch were all spotted at the 11th Breakthrough Prize awards in Barker Hanger in Santa Monica.The billionaires led the charge on the red carpet, dazzl
Business •
05 Apr '25
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