Tesla shares tumble ahead of first-quarter earnings report
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 stoc...
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US families accuse Palestinian-American billionaire of facilitating Hamas attacks
WASHINGTON (Reuters) - American families of victims of the October 7, 2023, attacks on Israel filed a lawsuit on Monday against a prominent Palestinian-American businessm...
Ten Brits are accused of committing war crimes 'by targeting and killing civilians and aid workers' in Gaza while fighting for Israel
Ten British Nationals have been accused of deliberately shooting civilians in Gaza while serving with the Israeli military.The alleged war crimes include 'running a bull...
Moroto Residents Fed Up with UEDCL's Power Delays
Residents of Moroto Municipality have expressed deep frustration over the prolonged delays in electricity supply, blaming the Uganda Electricity Distribution Company Limi...
URA to Hire 1,269 New Staff to Boost Tax Collection
The Uganda Revenue Authority (URA) is set to recruit 1,260 new staff members to enhance tax collection efforts, particularly targeting high-net-worth individuals in indus...
Electricity Costs to Remain High Due to Expensive Investments - Prof Nuwagaba
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,” Pr...
Keith Kalyegira appointed Absa Bank's board chairperson
Absa Uganda has appointed Keith Kalyegira as the new chairman of the bank's board, effective 1 March 2025.Kalyegira is a highly respected and seasoned advisor on stra...
Newbridge bungalow close to main street features gated entrance, 160sq ft garage and four bedrooms
Set in a small development near amenities, the property has a south-west facing back garden and partially floored attic Asking price: €465,000Agent: Jordan Town and Cou...
Umeme Says It’s Been Compelled to Hand Over Electricity Distribution; Considers Arbitration in London
Umeme insists that the government’s audit undervalues the company’s investment and has formally notified authorities of a dispute under Section 9.1 of the Support Agr...
The likely future of UEDCL
FILE PHOTO: A Umeme worker sorts a problem. March 31st is a turning point for Uganda in the electricity distribution sectorHow this well-structured and managed organizati...