Standard Chartered Bank Uganda has formally communicated to clients that it has entered into an agreement with Absa Bank Uganda for the sale of its Wealth & Retail Banking (WRB) business. The deal — which covers personal banking, wealth advisory and related retail products — remains subje
Hajjat Hadijah Namyalo, Head of the Office of the National Chairman, in a group photo with Mr Kaka Kasim, Executive Director at Ahmed Raza Foods Industries Ltd and his staff at the factory headquarters in Matugga, Wakiso District on Wednesday, November 05, 2025Wakiso, Uganda: Ug
ChatGPT, the popular artificial intelligence (AI) bot, sometimes takes criticism for providing erroneous calculations or generic information. But when it comes to outlining the worst things you can do with your money, the AI is spot-on.I asked ChatGPT this very question to see w
Gold held around $4 000 an ounce after a weak start on Monday, after China ended a long-standing tax rebate for some retailers in a change that could weigh on demand in one of the world’s largest precious-metals markets.Bullion for immediate delivery rose 0.1%, after falling a
Lukoil said Thursday it had accepted an offer from global commodity trader Gunvor to buy its foreign assets, which Russia’s second-largest oil company is seeking to sell after Washington imposed sanctions on it last week.The planned asset sale is the most consequential action
RUBIS Energy Uganda confirmed a significant step in its national expansion strategy with the official launch of 15 new service stations across the country. This strategic investment is designed to modernise Uganda’s energy and mobility infrastructure, focusing on delivering enhanced value, effi
Why speed of the upswing has been much faster than analysts predicted and why the rally is likely to continue?COMMENT | LUKE HARTIGAN | The price of gold surged above US$4,100 (Approx. Shs14 million) an ounce (Approx.28g) on Oct.15 for the first time, taking this year’s extrao
Kiconco and Maryann, the DFCU senior officials who were allegedly assaultedFresh turmoil has erupted inside DFCU Bank after junior staff allegedly turned against 2 senior executives, with incidents of harassment, physical confrontations, and internal disc
Property developer Sentongo HarunaCities, like people, grow in stages. Kampala, once a small settlement of hills dotted with temples, palaces, and modest trade centers, has become a sprawling metropolis of over 3 million people. The city buzzes with trade
When Salman Subeyr Haji sneaked into Kenya in 2024, law enforcers around the world were
