Business •
26 Aug '25
President Donald Trump has said he will immediately remove Federal Reserve official Lisa Cook from her position, a major escalation in his battle against the US central bank.In an announcement made on his social media platform Truth Social, Trump posted a letter addressed
Business •
26 Aug '25
Hours before South Korean president Lee Jae Myung was due to meet US president Donald Trump, a Truth Social post dropped."WHAT IS GOING ON IN SOUTH KOREA?" Trump wrote, pointing to a "Purge or Revolution" - which many saw as a reference to the prosecution of former preside
Business •
04 Aug '25
Putin appears unmoved in the face of Trump’s deadline diplomacy and social media brinkmanshipThe muddled US-Russia equation under Trump is symptomatic of a larger leadership dilemma.US President Donald Trump faces a daunting series of foreign p
Business •
04 Aug '25
Uganda is in the middle of high-stakes negotiations with the United States, aiming to strike a new bilateral deal that could ease visa restrictions and lower tariffs on Ugandan exports.The talks, currently being held behind closed doors, have drawn in key player
Business •
21 Jul '25
The Electricity Regulatory Authority (ERA) has issued a strong warning to the public against electricity theft and tampering with power infrastructure, calling such acts serious criminal offenses that threaten public safety and the integrity of the national power supply.Speaking on the mat
Business •
16 Jul '25
The Electricity Regulatory Authority (ERA) has approved UEDCL’s latest power tariffs for July to September 2025.KAMPALA, Uganda — The Electricity Distribution Company Limited (UEDCL) has released its new retail electricity tariff
Business •
02 Jul '25
Police has warned individuals involved in the sabotage of Uganda’s electricity infrastructure, saying those found culpable will face severe consequences.In a statement, AIGP Tom Magambo, Director of Criminal Investigations, said law enforcement agencies are intensifying efforts to crack
Business •
25 Jun '25
President Museveni has called on African nations to collaborate in the development of smart technologies, urging the continent to reduce its reliance on imports from Europe and the Arab world.The call was delivered through Prime Minister Robina Nabbanja, who officially opened the African-A
Business •
09 Jun '25
A new round of talks aimed at resolving a trade war between the US and China is set take place in London on Monday.US President Donald Trump announced on Friday that a senior US delegation would meet Chinese representatives. Over the weekend, Beijing confirmed that Vice Pr
Business •
31 May '25
President Donald Trump has announced the US will double its current tariff rate on steel and aluminium imports from 25% to 50%, starting on Wednesday.Speaking at a rally in Pittsburgh, Pennsylvania, Trump said the move would help boost the local steel industry and national supply, while re