Putin Discusses OPEC+ Deal In With Saudi Crown Prince
Russian President Vladimir Putin discussed the OPEC+ deal to cap oil production with the Crown Prince of Saudi Arabia, Mohammed...
Business
Sudhir Ruparelia Tasks Court To Compel Dfcu Bank To Pay Over UGX 32 Billion Rent Arrears
City businessman Sudhir Ruparelia under his real estate company Meera Investments has asked Commercial Court to compel dfcu Bank to...
2023 Rankings: City Businessman Sudhir Ruparelia Named Among Top 20 Richest Billionaires In Africa
Uganda’s businessman Sudhir Ruparelia has been named among the 20 richest people in Africa with a network of over 1.4...
World Bank Downgrades Africa’s Sub-Saharan Africa’s Economic Growth To 3.1%
Economic growth in Sub-Saharan Africa is set to slow from 3.6% in 2022 to 3.1% in 2023, according to the...
‘Car Taxes Must Be Determinedd By Transaction Value Not Mere Estimates’- Court Trashes URA’s Application Seeking To Maintain Controversial Tax Assessment System On Second-Hand Cars
The Court of Appeal has thrown out Uganda Revenue Authority’s (URA) application in which it sought to maintain the suspension...
Bank Of Uganda Holds Key Lending Rate At 10% For 3rd Time Amidst Reducing Inflation
Uganda’s central bank, Bank Of Uganda held its benchmark lending rate at 10% for the third time in a row...
Gov’ t Seeks Parliament Approval To Borrow US$200 Million For Industrial Transformation
The government is seeking Parliament’s approval to borrow up to US$200 million to finance the Investment for Industrial Transformation and...
Hold Onto Your Wallets! A New World Currency Could Be In The Making, Courtesy Of BRICS Nations
The BRICS alliance is exploring the creation of an innovative currency, with plans to share proposals on its establishment at the forthcoming...
India Offers Rupee Trade Option To Nations Facing Dollar Crunch
India will offer its currency as an alternative for trade to countries that are facing a shortage of dollars in...
Trade Between Uganda &Kenya Is Still Stable Despite Ongoing Protests- Prime Minister Nabbanja Assures Ugandans
Trade and supply chains between Uganda and Kenya have continued without major disruptions, despite ongoing demonstrations in Kenya, the Premier,...
