The central bank has cut its benchmark rate by 100 basis points to 12 percent, saying slowing inflationary pressure gave it room to ease monetary policy. The Central Bank on Wednesday announced a slash in...
Another day, another set of frustration, problematic Crane Bank is back in the news. Just four months ago, embattled Crane Bank owner and property mogul Sudhir Ruparelia tried to shed past local authorities and sale...
WBS TV (Wavah Broadcasting services) station will cease broadcasting today Wednesday, December 14, 2016 after 19 years on air. The closure of WBS TV was announced by Kabiito Karamagi who had been appointed by the...
There have been several claims of outdated posts being re-shared on users' timelines without their permission. Though the cause of the issue is unknown, the timing has people wondering if the glitch is related to...
Samsung might not be the only big phone company facing problems with its flagship phone bursting into flames – after a spate of incidents with exploding iPhones in China. A Chinese consumer watchdog said that...
President Yoweri Museveni has Tuesday met with a team of the International Finance Corporation, a member of the World Bank Group. Cheikh Oumar Seydi, the regional director Eastern and Southern Africa, led the group. According...
The Brexit vote, from a macroeconomic perspective, implies a substantial increase in uncertainty in the short-and medium to long run. In the short-run, the uncertainty was mirrored by volatility in the global financial markets, with...
One of Kigezi region’s best known tycoons Frank Byaruhanga has rushed to court to sue National Agricultural Services (NAADS) for breach of contract and failure to pay him Shs1.7 billion for the tea seedlings he...
WHATSAPP users could be in for a shock later this year, after the instant messaging giant announced it will no longer be supported on a number of popular phones. The popular messaging service said that...
Residents of Bandwe village in Nsangi division, Wakiso district have vowed to maintain their resistance against any further works on the ongoing construction of the Kampala-Entebbe Express Highway if they are not fully compensated by...
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