Oil set for third monthly decline as strong dollar weighs
Singapore — Oil prices eased on Friday, heading for a third consecutive monthly decline, as a stronger dollar and weak China data capped gains while rising supply from...
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“exports”
What is it that Uganda and United Arab Emirates investors want as they meet in Kampala?
The UAE Ambassador to Uganda, HE Abdulla Salem Alshemeli, H.E Sheikh Sultan Jemai Al. Hindas, Director General of the Furjairah Chamber Commerce and Industry and the Prim...
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...
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...
Uganda-Qatar Business Forum Kicks Off in Doha.
Vincent Waiswa Bagiire, Permanent Secretary, Ministry of Foreign Affairs of the Republic of UgandaDoha — The Embassy of the Republic of Uganda in the State of Qatar suc...
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...
Malawian president issues executive order prohibiting raw mineral exports
LILONGWE | Xinhua | Malawian President Peter Mutharika has issued an executive order banning the export of raw, unprocessed minerals as the country gears itself up to dev...
Why Uganda’s oil refinery remains behind schedule
An artistic impression of an oil refinery. Uganda hopes to complete construction of a 60,000 barrels/day refinery by 2030. COURTESY IMAGE/PETROLEUM AUTHORITY OF UGANDA.De...
Great News for Ugandans as Museveni's Gov't Negotiates With Trump's Gov't to Ink a Fresh Deal
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 U...