Seoul and Washington Pen $950 Billion Deal.
Washington and Seoul brokered a historic $950 billion deal, bringing the two nations closer in both trade and military alliance. South Korea will pay $350 billion upfront...
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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...
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...
UAE Trade Forum Kicks Off in Kampala Amid $2.8B Surge
Uganda and the UAE kicked off their fourth annual business forum in Kampala, aiming to boost a $2.8 billion trade relationship dominated by Ugandan gold. Foreign direct i...
Russian stock market meltdown as shares crash in wake of Trump sanctions - 'dead end'
Russian stocks continued to plunge on Monday, fuelling fears of a major financial crisis following Donald Trump's swingeing new sanctions. The Kremlin has been rocked by...
Lionel Messi Explains Why He Extended His Stay with Inter Miami
Lionel Messi has revealed the real reasons behind his latest career-defining decision in AmericaThe Argentine superstar opens up about what truly made him stay in Miami �...
How Bitcoin Could Help You Retire a Millionaire
Key PointsThere are now more than 145,000 Bitcoin millionaires in the world.Due to Bitcoin's impressive performance during the past five years, investors have been able t...
Six Iranians Arrested as Kenya Seizes $52m Methamphetamine Shipment in Indian Ocean
Nairobi: Kenyan authorities have seized a record narcotics consignment valued at KES 8 billion ($52 million) and arrested six Iranian nationals aboard a stateless vessel...
The price of gold is skyrocketing
Why speed of the upswing has been much faster than analysts predicted and why the rally is likely to continue?COMMENT | LUKE HARTIGAN | The price of gold surged above US$...