Business

PRESIDENT MUSEVENI COMMISSIONS NEW TEMBO STEELS PLANT IN IGANGA

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

President Yoweri Kaguta Museveni today presided over the commissioning of a new Direct Reduced Iron (DRI) plant at Tembo Steels in Kasolo Village, Bulamagi Sub-County, Iganga District. The new facility marks a major milestone in Uganda’s industrialization journey, with Tembo Steels reaffirming its position as a key player in the country’s steel industry. Established […]

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Bill Gates backs Elon Musk’s Dogecoin vision, fiscal strategy

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

Bill Gates backs Elon Musk’s Dogecoin vision, fiscal strategy What’s the story Former Microsoft CEO and famous philanthropist Bill Gates has publicly endorsed Tesla CEO Elon Musk‘s fiscal strategy and his support for Dogecoin. In a recent conversation with The Wall Street Journal, Gates said he was surprised that Musk was talking about European politics but praised his support for

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Amazon to close 7 warehouses in the Canadian province of Quebec and eliminate 1,700 jobs

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

Amazon to close 7 warehouses in the Canadian province of Quebec and eliminate 1,700 jobs The e-commerce giant said the move would provide “even more savings to our customers over the long run.” However, a Canadian union that successfully unionized one warehouse accused the company of closing its sites to fend off organizing efforts in the region. The

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PRESIDENT MUSEVENI MEETS DELEGATION FROM EMIRATES AIRLINES

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

President Yoweri Kaguta Museveni on Tuesday 21st January 2025 met a high-level delegation from the Emirates Airlines who paid a courtesy call on him at State House, Entebbe. The delegation which was led by the Emirates Country Manager for Uganda Mr. Mohamed Ahmed Taher and accompanied by the Emirates Station Manager, Ms. Maureen Kabure,

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Pay School Fees with MTN MoMo and Win a Full Year’s Tuition in 2025

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

Pay School Fees with MTN MoMo and Win a Full Year’s Tuition in 2025 The back-to-school season is a time of hope, anticipation, and, for many parents, financial pressure. With tuition fees, uniforms, and scholastic materials to consider, the burden of ensuring children have access to education can be overwhelming. MTN MoMo, Uganda’s trusted digital

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Houthis to Stop Attacks on Ships

Leave a Comment / Asia, Business, International News, News, Politics, World / Ronald Kabuubi

Houthis to Stop Attacks on Ships The Houthis have announced that they are going to suspend attacks on ships in the Red Sea after the signing of an agreement between Hamas and Israel. Bloomberg reports this with reference to a statement by Houthi leader Abdul-Malik al-Houthi. According to him, the Yemeni Houthis will comply with the agreement, but

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North Korea smuggled nuclear weapons equipment from Spain: Report

Leave a Comment / Asia, Business, International News, News, Politics, World / Ronald Kabuubi

North Korea smuggled nuclear weapons equipment from Spain North Korea acquired a vacuum furnace suitable for nuclear weapons production from Spain by smuggling it across multiple continents, according to a U.S. think tank, raising concerns about Pyongyang’s ability to violate sanctions by misidentifying goods. In a case dating back to 2022, a dual-purpose vacuum furnace

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Parliament approves loans for infrastructure development

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

Hon. Musasizi Parliament has approved government requests to borrow US$15.22 million and US$73.15 million from the African Development Bank Group for the construction of Laropi-Moyo-Afoji Road and the Katuna-Muko-Kamuganguzi Road. The approval followed a motion presented by the Minister of State for Finance, Planning, and Economic Development (General Duties), Hon. Henry Musasizi,

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Coca-Cola Beverages Africa recognised as a Top Employer in Africa

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

Coca-Cola Beverages Africa recognised as a Top Employer in Africa PRESS RELEASE Coca-Cola Beverages Africa recognised as a Top Employer in Africa CCBA was certified as a Top Employer in Africa, and its operations in Ethiopia, South Africa, Tanzania and Uganda achieved this accolade at country level CCBA in Uganda Pic: l-r Flavia Kiconco, Eric

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MPs push for reinstatement of funds in 2025/2026 Budget

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

The Chairperson of the Budget Committee, Hon. Patrick Isiagi (L) interacting with members after the meeting Members of Parliament on the Budget Committee have called for the reinstatement of funds removed from the current financial year’s budget in the 2024/2025 financial plan. In the 2024/2025 budget, legislators allocated Shs750 billion to critical areas such as

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