Business and economic news
Umeme escalates compensation claim to UGX 1.1 trillion against Ugandan government as talks collapse. The dispute heads to London arbitration amid trading suspensions and delayed financial reports.
Makerere University launches an automated academic certification system (MARS), introduces postgraduate tracking, expands inclusive e-learning facilities, and opens a new AI lab to drive innovation.
Threeways Shipping Services begins construction on a major inland terminal in Hoima, Uganda, designed to boost oil & gas logistics and create hundreds of local jobs.
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"Embarking on entrepreneurship? Discover 20 expert-backed strategies to define success, drive decision-making, and propel your startup towards lasting achievement."
AI-driven automation disproportionately threatens women's jobs, with clerical, tech, and finance roles at high risk, reveals a UN ILO report highlighting a stark gender disparity. Women are three times more likely to lose employment compared to men.
BusinessRetailTariffs Hit Best Buy Revenues As Retailer Reduces Chinese ImportsByMark Faithfull, Contributor. Forbes contributors publish independent expert analyses and insights. Mark Faithfull is London-based and covers retail and real estate Follow AuthorMay 29, 2025, 01:13pm EDTShareSaveBest...
EconomyPowell defends Fed independence after Trump pressures him to cut interest ratesThe Federal Reserve chair said the two discussed "economic developments" but not his expectations for monetary policy at a White House meeting called by the president.Get more newsLiveonMay 29, 2025, 1:13 PM...
NEW FIGURES RELEASED today by the Central Statistics Office (CSO) indicate a drop in the number of tourists entering Ireland in April compared to the same month last year. It comes after CSO data for the month of February showed a one-third decline in visitors versus 2024, though prominent tourism...
MoneyWatch Over 100,000 kitchen faucets sold on Amazon recalled due to harmful levels of lead exposure By Mary Cunningham Mary Cunningham Reporter, MoneyWatch Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com...
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The stock market has reached an all-time high driven by strong economic indicators and investor confidence.
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