MTN Foundation hosts farewell dinner honoring South African High Commissioner at Golden Tulip Kampala MTN Uganda’s philanthropic arm, MTN Foundation, yesterday hosted a heartfelt farewell dinner at Golden Tulip in Kampala to honor Her Excellency Lulama Mary-Theresa Xingwana, South Africa’s High Commissioner to Uganda. The event celebrated her extraordinary contributions as a trustee of the […]
Xi Jinping Seizes Role as Global Defender of Free Trade Against Trump LIMA — As United States President-elect Donald Trump threatens to impose tariffs on the entire world, Xi Jinping is once again wasting no time in positioning himself as the premier defender of the international trading system. China’s leader warned on Friday that
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Russia Restricts Enriched Uranium Exports To The U.S. Russia, the world’s largest supplier of enriched uranium, said on November 15 that it had imposed temporary restrictions on the export of enriched uranium to the United States, a symbolic tit-for-tat move after the United States banned Russian uranium imports. Russia holds about 44 percent of
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N. Korean province launches probe into fishing industry South Pyongan province’s party committee has distributed an investigative report on local fishing companies to provincial organizations as an educational resource. The investigation of fishing companies under the province’s fishing management bureau will continue through November’s end. According to a source in the province recently, the
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Deputy Speaker Thomas Tayebwa speaking at the accountants’ meet on Wednesday, 13 November 2024 in Kampala The Deputy Speaker expressed concern over rising cases of fraud and money laundering, especially in sectors like banking, where he shared that he regularly hears from Ugandans abroad who report issues such as unauthorised bank withdrawals and delays in
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Avelo Airlines Launches Four New Domestic Routes Avelo Airlines is dedicated to expanding its routes and networks in Connecticut to make flying more reliable and convenient. Coming into the busy holiday season, the airline plans to add new domestic routes, more planes, and new destinations. Avelo Airlines Founder and CEO Andrew Levy said: “Avelo
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Chile Inflation Reaches 4.5% in 2024. Chile’s economy faces new challenges as inflation rates continue to rise. The National Statistics Institute (INE) reported a 1% increase in October, surpassing market expectations. This surge brings the cumulative inflation rate to 4.5% for the year 2024 so far. The October report highlights significant price increases in housing
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How 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 the
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Trump’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 Trump,
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Pound 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 gains
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