Latest News

Ukraine gas supplies in doubt as Russia seeks EU payment deal

Ukraine's efforts to unblock deliveries of Russian gas as winter sets in were deadlocked on Thursday as Moscow's negotiators were…

Conoco third-quarter profit up but fourth-quarter output forecast cut

ConocoPhillips, the largest U.S. independent oil and gas company, on Thursday reported higher third-quarter profit from the sale of its…

Business activity improves in China, euro zone but little sign of turnaround

Euro zone businesses performed much better than forecasters expected this month and China's vast factory sector grew a shade faster…

Doctor Batte uses trees to create youth employment

Charles Batte does not put his entrepreneurial eggs in one basket. The 27-year-old’s name is likely to spark memories of…

MTN posts Shs229 billion profit

KAMPALA - MTN Uganda has announced an 11 per cent rise in profit for 2014, on the back of growth…

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Weakening shilling could spur inflation rise

Kampala- The persistent weakening of the shilling against the dollar might drive up inflation if Bank of Uganda does not…

Microsoft profits beat expectations despite Nokia drag

Microsoft has reported a fall in profits as a result of costs related to job cuts and its purchase of…

Awesomness has new dimensions

The year-long wait has ended. Apple has unveiled not just one but two iPhones with bigger displays and faster processors.…

Africa regional trade increases

Kampala. Intra-regional trade between the East African Community (EAC), Common Market for Eastern and Southern Africa (Comesa) and the Southern…

Government to re-table draft law on counterfeits

Kampala- The Anti-Counterfeit Bill will be re-tabled after the government failed to reach a consensus on which institution will take…