China has called on the US to cancel its sweeping tariffs on Chinese goods entering the country as a sign that the President Donald Trump is serious about resolving the trade war between the two countries.A Chinese official said there had been no trade talks with the US, despite suggestion
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
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
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
A quarter of US merchants are adding or planning to offer QR payments in the next three years with slightly higher proportion of UK merchants following the same trend. But the spread of QR codes in retail is not only about payments. More than 80% of retailers believe offering QR code scanning for pr
OpenAI is reconfiguring its rollout plan for upcoming AI models. The company’s CEO, Sam Altman shared on social media on Friday that it will delay the launch of its GPT-5 large language model (LLM) in favor of some lighter reasoning models to release first.The brand will now launch new o3 and
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
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
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
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
