Spot gold was trading at $4,004.73 an ounce as of 12:55 p.m. in Singapore.
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 o...
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Uganda’s rising debt, shrinking lives
How government’s borrowing spree is leaving citizens bearing the country.At dawn, the roar of engines rises above the quiet streets of Entebbe as David Tumusiime, 47, p...
DENIS TUKAHIKAHO PhD: Uganda’s $31M carbon deal is just the beginning—now let’s plant more trees.
Denis Tukahikaho Ph.D. is an expert on Cooperatives, Financial Inclusion and Renewable Energy InvestmentKAMPALA – The Green Climate Fund (GFF) has approved a USD 31 mil...
Self-Made Millionaires: Here Are 6 Luxury Goods That Are Well Worth the Money.
If you’ve built a net worth of a million dollars or more, you know that it takes hard work and sacrifice to get there. And while being intentional and frugal with your...
Uganda’s Oil Reserves Rise to 6.65 Bn Barrels, says Nankabirwa.
The oil sector’s development — including two central processing facilities at Kingfisher and Tilenga — is expected to unlock billions in ancillary investment and ge...
Gold slips as Fed rate caution boosts dollar, set for third monthly rise.
Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts.Gold prices fell on Friday, as the dollar firmed on uncertainty ove...
YES IT’S TRUE: State House Finally Reveals Why M7 Banned Daily Monitor And NTV From His Events.
On Tuesday, parliament of Uganda resumed sessions with top on the order paper approving loans totaling to Shs8 trillions which government is borrowing from different fina...
Road to Uganda’s first oil: Kingfisher likely to be starting point
For the next nine months, activities in Uganda’s oil fields will be ramped up as the country targets to get its first barrel of oil to the market through a 1,443km pipe...
Busega-Mpigi Expressway project loan approved.
The Busega-Mpigi Expressway project works are expected to resume, following approval of a loan of Euros188.18 million (Shs781.04 billion) from the African Development Ban...
Parliament to Approve Shs8.2 Trillion Borrowing Amid Soaring Public Debt
Parliament is today set to authorize a staggering Shs8.2 trillion in new borrowing, a move that signals the nation’s spiralling public debt already at Shs116.2 trillion...