What next after Uganda fails to wake up and smell the coffee?
Ugandan coffee shipments are overflowing the European Union (EU) as traders scramble to get their hands on beans before the year-end implementation of new environmental r...
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Store credit cards now carry a record interest rate as more Americans struggle to make payments
Retail credit card interest rates have reached an all-time record, according to new data from Bankrate.The average APR for retail credit cards is 30.45% this year, which...
PRIME What EABL’s offer to fully own UBL means
Uganda Breweries Ltd (UBL) could soon be entirely owned by its Kenyan parent company, East African Breweries Limited (EABL), if the Tuesday tender offer to purchase its m...
Egypt announces Africa’s first hydrogen-powered skyscraper, offering a new era for green power
An artist’s rendering of the Forbes International Tower.Photo: Adrian Smith + Gordon Gill ArchitectureForbes is set to construct a 50-storey hydrogen-powered building i...
MTN seeks to separate mobile money business from listed company
MTN Uganda has indicated it has sought approval from its board to separate the Fintech business, which includes mobile money, from its stock portfolio. The separation, w...
China-founded online fast-fashion retailer Shein to file IPO in London: UK media reports
A Shein pop-up store in Ottawa, Canada. Photo: ReutersFast-fashion retailer Shein, which thrives on a business model that sells budget made-in-China consumer goods overse...
Have you ever dreamed about what life as a billionaire might be like?
The CEO of the Largest Luxury Brands in the World goes about His Daily Business.Imagine being in Bernard Arnault's position. He is the CEO of Louis Vuitton also known...
SA Shoprite billionaire Wiese returns to his diamond-hunting roots
Wiese first got into alluvial diamonds in 1976 when he bought a mine along the Orange River.Christo Wiese, South Africa’s billionaire retail king, is going back to the...
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Navigating January Finances: Overcoming financial challenges in Uganda
The month of January often presents financial challenges for many individuals and families around the world, and Uganda is no exception. The aftermath of festive season s...