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Business

How Musk’s clout with Trump could enrich his companies

Views: 14How Musk’s clout with Trump could enrich his companies Elon Musk’s backing of Donald Trump’s decisive victory for a second presidency gives the billionaire entrepreneur extraordinary influence to help his companies secure favourable government treatment. Musk contributed at least US$119 million (S$158 million) to a pro-Trump spending group, federal records show, and tirelessly touted […]

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Trump’s tariff threats push Taiwan to help firms move production from China

Views: 19Trump’s tariff threats push Taiwan to help firms move production from China   TAIPEI — Taiwan will help companies relocate production from China given the likely large impact from tariffs that incoming US President Donald Trump has promised to impose on the country, Economy Minister Kuo Jyh-huei said on Thursday (Nov 7). A threat by

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Pound Euro (GBP/EUR) Exchange Rate Dips Following Eurozone PMI Data

Views: 15Pound Euro (GBP/EUR) Exchange Rate Dips Following Eurozone PMI Data   The Pound Euro (GBP/EUR) exchange rate edged lower on Monday following the publication of the Eurozone’s latest manufacturing PMI data. At the time of writing, GBP/EUR traded at around €1.1891, down roughly 0.2% from Monday’s opening rate. The Euro (EUR) was able to post modest

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VistaJet Continues Expansion Plans in East and South Africa

Views: 6The African Roadshow Reaffirms Commitment Towards the Region’s Economic Development  DUBAI, United Arab Emirates, November 4, 2024/ — VistaJet (www.VistaJet.com), the world’s first and only global business aviation company, is set to organize its first-ever East and South Africa Static Display Roadshow, showcasing its flagship aircraft, the Bombardier Global 7500. The event will commence

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MTN Uganda Elevates Home Connectivity with New WakaNet Pricing and Speed Upgrades

Views: 12For Immediate Release: MTN Uganda Elevates Home Connectivity with New WakaNet Pricing and Speed Upgrades MTN Uganda announces new, attractive propositions for Wakanet increasing fiber speeds significantly at the same price and reducing startup costs for 5G and 4G routers as well as MiFis.   Further enhancements include the removal of usage caps for

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Bushenyi mourns celebrated businessman Obadiah Rushambuza

Views: 35Bushenyi mourns celebrated businessman Obadiah Rushambuza   The second last week of October 2024 ended with a meeting of the famed Bagoma clan based in Bushenyi District in Western Uganda at the home of their Prime minister, Mr Tinka John Bakyaro in Keisikooko village to discuss their survival in future. In attendance was the

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Indonesia now blocks Google Pixel phones in the country After banning iPhone 16

Views: 15Indonesia now blocks Google Pixel phones in the country After banning iPhone 16 A few days after the country banned the iPhone 16, Indonesia moved ahead to block the sales of Google Pixel smartphones. This decision underscores the government’s increasing scrutiny of foreign smartphone manufacturers and their compliance with local regulations. The Indonesian Ministry of

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Officials from Southern and Eastern Africa Trade Information and Negotiations Institute (SEATIN) want gov’t to support Farmers growing and producing traditional or indigenous seeds to increase production of food in the country opposed to the Hybrid or GMO seeds.

Views: 17Although Traditional seeds are produced locally by small holder’s farmers, these are not yet recognized by the formal seeds systems, farmers argue that indigenous seed accounts for 30% of seed sold and planted by farmers in the country. Officials from SEATIN have been appearing before the EALA Committee on Agriculture Tourism and Natural Resources

Officials from Southern and Eastern Africa Trade Information and Negotiations Institute (SEATIN) want gov’t to support Farmers growing and producing traditional or indigenous seeds to increase production of food in the country opposed to the Hybrid or GMO seeds. Read More »

Fuel tanker overturns and burst into flames at Kyanamira trading center on Kabale-Mbarara highway in Kabale District in Western Uganda.

Views: 129Another fuel tanker has overturned and burst into flames at Kyanamira trading center on Kabale-Mbarara highway in Kabale District in Western Uganda. “The driver was evacuated to Kabale hospital in a critical condition while his turn man is believed to be stuck in the burning fuel tanker. The accident scene has been well secured

Fuel tanker overturns and burst into flames at Kyanamira trading center on Kabale-Mbarara highway in Kabale District in Western Uganda. Read More »

‘Account for Shs723.4 billion to Dei BioPharma’

Views: 7The Leader of the Opposition (LOP), Hon. Joel Ssenyonyi has raised concerns over the government’s Shs723.4 billion investment in Dei BioPharma Ltd, a private pharmaceutical firm. Ssenyonyi who presented a report following an oversight visit to the firm, called for greater accountability and transparency regarding the use of taxpayers’ money in the pharmaceutical company,

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