Business News
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Business
18 articles
Saudi Giant Acquires 123-Year-Old South African Firm Barloworld in $1.3 Billion Deal
Saudi Arabia’s Zahid Group has completed its acquisition of South African industrial company Barloworld in a landmark deal valued at R23 billion (about $1.3 billion)....
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Best Music Affiliate Program This 2026 For Musicians.
As we step into 2026, there's a genuine sense of accomplishment in the air. The year 2025 was intense for so many of us —...
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Auditor-General Demands Shs2 Trillion Forensic Tax Audit on Uganda Telecom Companies Over Revenue Discrepancies.
The Auditor-General, Mr John Muwanga, has asked the Uganda Revenue Authority (URA) to conduct a forensic audit into the affairs of telecommunications companies, citing a...
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TotalEnergies Sued in Uganda Over Unpaid Bill for Toxic Fuel Depot Cleanup in Kampala.
A legal storm is brewing in Uganda, casting a shadow over the operations of oil and gas giant TotalEnergies. The company finds itself in the...
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Why Africa’s Mineral-Rich Countries Stay Poor: The Hidden Truth Behind Cobalt, Gold, and the Resource Curse, and Profit Shifting.
If you were sitting on a gold mine, you’d expect to be wealthy, right? Yet that’s exactly the paradox facing so many African countries blessed...
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Pakistan Tightens Cash Dollar Sales in Bid to Curb Outflow and Support Rupee.
Pakistan Tightens Cash Dollar Sales in Bid to Curb Outflow and Support RupeeKarachi, November 17 (PTI) – The State Bank of Pakistan (SBP) has introduced...
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British firm discovers gold worth over $5B in western Kenya.
NAIROBI, Kenya A British mining company on Wednesday announced the discovery of extensive underground gold deposits in western Kenya’s Kakamega County, estimated to be worth more...
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Africa aviation industry, Isaac Balami University of Aeronautics and Management, IBUAM, first aeronautics university Africa.
Africa’s aviation industry is charting a new course as Nigeria launches the Isaac Balami University of Aeronautics and Management (IBUAM), the continent’s first specialised aeronautics...
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Mdundo Temporarily Blocked My Music Page After Hitting 1 million Streams Plus, My 5 million Uganda Shillings Will be losts .
SAD NOTICE TO ALL MY FANSIam here by informing all of you that, my Mdundo account which used to contain all my new and old...
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Kampala Traffic Jam Continues To Be Dominated By Bodaboda Riders & Taxis Amidst Coming Events.
Kampala, Uganda’s bustling capital, is a city of contrasts—modern skyscrapers stand beside sprawling markets, luxury cars share the road with thousands of motorcycles, and the...
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Exposed Tricks How Some Financial Credit Institutions In The Names Of Money Lenders Are Stealing From Poor Ugandans .
Financial Credit Money Lenders are now days many more than schools, some are actually competing with the Banks, Known telecom companies and other institutions that...
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Billionare Mark Zuckerberg Lost 27.34 billion dollars in just two days
It's been a wild week for both the U.S. and global stock markets, with the Dow Jones Industrial Average closing down 2,230 points, or...
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Ugandan shillings is considered the best performing currency from Africa
?The Uganda Shilling has emerged as Africa's best-performing currency, appreciating by 6.1% in the past year.?This impressive rise has placed it ahead of 23 other...
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Software firm Oracle shows interest of purchasing TikTok
Software firm oracle is reportedly in talks with the White House to run TikTok. That’s according to a report Sunday (March 16) by Politico, which notes...
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Half of Spotify revenue confirmed going to Indie Artists
Spotify CEO Daniel Ek Leon Bennett/Getty ImagesSpotify updated its annual Loud and Clear report on Wednesday, confirming that for a second consecutive year, the streaming...
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MTN MoMo Uganda introduces the Virtual Card by MoMo Mastercard
The Virtual Card by MoMo enables secure and seamless online transactions without a physical card or bank account Launched in collaboration with Mastercard, Diamond Trust Bank...
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Visa and Mastercard accused of market monopoly in UK
Visa and Mastercard face regulatory action in the United Kingdom following a payments watchdog’s investigation.The Payment Systems Regulator (PSR) is considering “remedies” for the two...
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UGANDA'S CULTURAL AND TOURISM SHOWCASE SHINES AT INDEPENDENCE CELEBRATION IN CHINA
Uganda’s Cultural and Tourism Showcase Shines at Independence Celebrations in ChinaBeijing, China – Uganda’s tourism and cultural appeal dazzled thousands in China over the past...
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