Yasser K. Ahmed Acquires Lugogo Mall, Rebrands as YK Lugogo Mall
Yasser K. Ahmed, co-founder of Harriss International, has purchased the prominent Lugogo Mall in Uganda, which is home to major retailers like China Town and Carrefour.
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Business and economic news
Uganda Sees $160 Million Investment Surge in E-Mobility Sector
Uganda has attracted over $160 million in investments for its E-Mobility ecosystem from 2018 to 2024, significantly enhancing the country's capacity for electric vehicle production and infrastructure development.
The Future of American Shoe Manufacturing: Balancing Automation and Local Production
Keen, a family-owned shoe manufacturer, is set to open a new factory in Kentucky, highlighting the complexities of reshoring production in the U.S. amid rising labor costs and a reliance on automation.
World Bank Resumes Uganda Funding After Two-Year LGBTQ Rights Suspension
The World Bank lifts its loan ban on Uganda despite ongoing anti-gay legislation, citing new safeguards to protect vulnerable communities while critics question the reversal's ethics.
Museveni Confirms EACOP Pipeline Completion Target for 2025
President Museveni announces East Africa's $5B crude oil pipeline is set for completion next financial year, unlocking Uganda's energy exports and boosting regional infrastructure development.
Uganda Faces $292 Million Arbitration Battle Over Umeme Concession Settlement
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 Embarks on Digital Transformation with Automated Certification and AI Lab
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.
Hoima Breaks Ground on Major Logistics Hub for Uganda's Oil Sector
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.
Media Statement: Grande Prairie Policing Transition Costs Climb Again: All Albertans Footing the Bill for a Politically Driven Agenda
Breadcrumb Trail LinksHomeGlobeNewswireThis section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Share this Story : Media...
Launch Your Venture: 20 Essential Steps to Business Success"
"Embarking on entrepreneurship? Discover 20 expert-backed strategies to define success, drive decision-making, and propel your startup towards lasting achievement."
AI Threatens Women’s Jobs More: ILO Warns of Gender Gap in Automation
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.
Tariffs Hit Best Buy Revenues As Retailer Reduces Chinese Imports
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...
