Business

Digital business is no longer limited by borders. A startup in Kampala can reach customers in New York, a musician in Lagos can build a global audience, and an online store in Nairobi can sell products to buyers across Europe and Asia. The internet has created unlimited opportunities, but success depends on one important factor: visibility. Even the best products and services cannot grow if the right audience never discovers...

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). The transaction, finalized in January 2026, takes the 123-year-old firm private after more than a century on public markets and stands out as one of the most significant corporate cross-border deals between the Middle East and Africa in recent years.Barloworld’s shares will be delisted from...

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 — filled with challenges, unexpected twists, long nights of hard work, economic pressures, creative blocks, and the constant hustle to keep pushing forward in an ever-changing digital world. Yet here we are, having crossed that invisible line into a brand-new chapter. Congratulations to you for making...

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 potential revenue loss of nearly Shs2 trillion.In his report for the financial year ended December 31, 2023, which was submitted to Parliament last week, Mr Muwanga indicated that the audit should cover the period between 2018 and 2023.The recommendation stems from a review of the...

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 crosshairs of a high-stakes lawsuit, not over exploration rights, but over an alleged failure to pay for a critical environmental cleanup operation in the heart of Kampala.The case, recently reported by Chimpreports, pits Civtec Africa Limited against TotalEnergies Marketing Uganda Limited in Civil Suit No....

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 with vast mineral riches. The cobalt in your phone, the diamonds on a ring, the platinum in a car’s catalytic converter, the gold in a central bank’s vault, so much of what powers the modern world comes straight out of African soil. The Democratic Republic...