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URSB Launches Mass Business Registration Initiative in Western Uganda
The Uganda Registration Services Bureau (URSB) has initiated a significant formalization strategy by launching a mass business registration initiative for…
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Kampala Traders Keep Shops Closed, Await Meeting with President
Traders in Kampala’s central business district and other parts of the city have opted to keep their shops closed until…
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Absa Bank Uganda Achieves Shs146 Billion Profit After Tax in 2023
Absa Bank Uganda reported an impressive Shs146 billion profit after tax for the year ending December 2023. The bank also…
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Tesla to Cut More Than 10% of Global EV Workforce
Tesla will lay off more than 10% of its global electric vehicle workforce, according to a memo from billionaire owner…
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Empowering Tomorrow’s Entrepreneurs: Stanbic National Schools Championship Welcomes 158 Secondary Schools
At least 158 secondary schools nationwide have received clearance to participate in the highly anticipated 9th edition of the Stanbic…
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Uganda Central Bank Takes Action Against Inflation, Raises Key Rate
In a move to address mounting inflation risks, Uganda’s central bank has opted to increase its key lending rate by…
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FORBES- The Wealth Titans of Africa: Top 10 Billionaires Revealed
In Africa’s dynamic economic landscape, the realm of billionaires sees constant flux, with fortunes rising, falling, and newcomers making their…
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Proposed Tax Hike on Petroleum Fuels Concerns Consumers
A recent proposal to increase taxes on petroleum products, including petrol, diesel, and kerosene, is causing apprehension among consumers as…
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Kia Issues Recall for Over 427,000 Telluride SUVs Amid Safety Concerns
Kia has announced a recall affecting more than 427,000 of its Telluride SUVs, citing a potential defect that could lead…
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Companies Rush to Secure Financing Ahead of US Election Amid Market Uncertainty
Companies are scrambling to secure financing before the upcoming US election, aiming to preempt potential market turbulence in the final…
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