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
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
The Executive Director of the Kampala Capital City Authority (KCCA), Sharifah Buzeki, together with her deputy, Benon Kigenyi, spent the yesterday afternoon surveying key flooding hotspots in the Kyambogo and Kinawataka areas.
KAMPALA, Uganda — Uganda’s construction sector is facing a financial crisis due to the government’s failure to pay UGX 1.351 trillion in arrears to road contractors, according to Francis Mwijukye, Shadow Minister for Works and Transport.
Civil society stakeholders have called for stronger human rights safeguards in Uganda’s digital transformation journey, warning of potential exclusion and privacy risks.Speaking at a multi-stakeholder dialogue in Kampala organised by Initiative for Social and Economic Rights (ISER), Eliz
In this analytical weekend news feature we shall focus on several things including the fact that Chief Justice Alfonse Owiny-Dollo had initially schemed to perpetually sit on the AG’s appeal challenging Besigye strongman Mike Kabaziguruka’s victory in the Co
A group of NRM cadres from Busoga recently founded a social media platform dedicated to making sure that Rebecca Kadaga remains and bounces back as Kamuli Woman MP unopposed in 2026. Their view is that Kadaga (who they fondly call RAK) has done so much for Ugand
The Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) is implementing a 6-year project aimed at mitigating the effects of climate change on Uganda’s agricultural sector.Titled the Uganda Climate Sma
Imagine youâre running an asset financing business in Europe and think, âWhy not give East Africa a shot?â So you do the research, find the market, and discover real potential. Thatâs how Mogo Uganda, an asset-financing tech company, landed in Kampala. The
