Business

Uganda’s Annual Inflation Inches Up to 3.9% as Food Prices Surge – UBOS Report

Leave a Comment / Africa, Breaking News, Business, East Africa, International News / Ronald Kabuubi

By Naome Namusoke/KMA Updates KAMPALA, Uganda – The Uganda Bureau of Statistics (UBOS) has announced that the country’s annual headline inflation rose slightly to 3.9% in June 2025, up from 3.8% in May, largely driven by increasing food prices. The figures, released on Monday, 30th June 2025, were measured using the Consumer Price Index (CPI), […]

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Fort Portal Thrash Kibale 3-0 to Launch MTN Kabode Tooro Amasaza Cup Title Bid in Style

Leave a Comment / Africa, Business, East Africa, International News, Sports / Ronald Kabuubi

Kamwenge – Sunday, 23rd June 2025. Fort Portal Isaaza made a statement of intent in their tournament opener, securing a commanding 3-0 win over Kibale in front of a packed crowd at Rwamwanja Stadium, Kamwenge District, on Matchday 4 of the MTN Kabode Tooro Kingdom Amasaza Football Tournament. The visitors wasted no time asserting

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Amazon founder Bezos’s Venice wedding triggers cascade of protests over wealth inequality

Leave a Comment / Business, International News, News / Ronald Kabuubi

Amazon founder Bezos’s Venice wedding triggers cascade of protests over wealth inequality. Activist groups in Venice have been up in arms and staged multiple protests ahead of US multi-billionaire Jeff Bezos’s wedding to Lauren Sanchez scheduled for this weekend. More demonstrations are planned for Saturday, with protesters aiming to obstruct access to the city’s

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Saudi Arabia drops France’s EDF from desert megacity project

Leave a Comment / Asia, Business / Ronald Kabuubi

Saudi Arabia drops France’s EDF from desert megacity project. French energy giant EDF has been dropped from Saudi Arabia’s troubled Neom megaproject as the kingdom scales back its futuristic desert city amid safety concerns, technical challenges and ballooning costs. The Line – a 500m high, 200m wide, 170km long city is housed in a mirror

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Egypt’s Minister of Petroleum to Spearhead Latest Bid Round at African Energy Week (AEW) 2025

Leave a Comment / Africa, Business, Technology / Ronald Kabuubi

Egypt’s Minister of Petroleum to Spearhead Latest Bid Round at African Energy Week (AEW) 2025 CAPE TOWN, South Africa, June 24, 2025/ — Karim Badawi, Egypt’s Minister of Petroleum and Mineral Resources, has joined the African Energy Week (AEW): Invest in African Energies 2025 conference – taking place September 29 to October 3 in Cape

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ACE Energy Group Expands Angola Portfolio, Joins Angola Oil & Gas (AOG) 2025 as Silver Sponsor

Leave a Comment / Africa, Business, News, Technology / Ronald Kabuubi

ACE Energy Group Expands Angola Portfolio, Joins Angola Oil & Gas (AOG) 2025 as Silver Sponsor LUANDA, Angola, June 24, 2025/ — Nigerian energy service company ACE Energy Group has joined the Angola Oil & Gas (AOG) conference – taking place September 3-4 in Luanda – as a Silver Sponsor. Offering a comprehensive suite of

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Angola Becomes Shareholder in Africa Finance Corporation (AFC), Reinforcing Commitment to Africa-Led Development

Leave a Comment / Africa, Business, News / Ronald Kabuubi

Angola Becomes Shareholder in Africa Finance Corporation (AFC), Reinforcing Commitment to Africa-Led Development LUANDA, Angola, June 24, 2025/ — Africa Finance Corporation (AFC) (www.AfricaFC.org), Africa’s leading infrastructure solutions provider, today announced that the Republic of Angola has become its latest sovereign shareholder. This strategic equity investment further strengthens Angola’s partnership with AFC and underscores the

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MTN Uganda Announces Support for Pastor Wilson Bugembe’s 20-Year Music Celebration

Leave a Comment / Africa, Business, East Africa, News / Ronald Kabuubi

MTN Uganda Announces Support for Pastor Wilson Bugembe’s 20-Year Music Celebration Tuesday, 24th June 2025 – Kampala, Uganda. MTN Uganda has today officially announced its support for celebrated gospel artist Pastor Wilson Bugembe’s upcoming “20 Years of Bugembe Music” concert, scheduled to take place on Friday 8th August 2025 at the Kampala Serena Hotel. This

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African leaders urge U.S. to embrace investment-driven partnerships and review tariffs

Leave a Comment / Africa, Business, News / Ronald Kabuubi

African leaders urge U.S. to embrace investment-driven partnerships and review tariffs African leaders have called on Monday for an urgent review of U.S. tariffs on African exports, urging a shift towards transformative partnerships and investment in Africa’s economic potential. Addressing more than 2,000 government and business leaders, and other delegates at the U.S.-Africa business summit

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Launch of the 2025 Country Focus Reports Series “Making Africa’s Capital Work Better for Africa’s Development”

Leave a Comment / Africa, Business, News / Ronald Kabuubi

Launch of the 2025 Country Focus Reports Series “Making Africa’s Capital Work Better for Africa’s Development” What? Launch of the 2025 Country Focus Reports series. Institutional launch and presentation of the Côte d’Ivoire report. Who? The African Development Bank When? Abidjan: 23 June 2025, at 9:15 a.m. GMT / Starting from 24 June: national launches Where?

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