Umeme Shareholders Vote to Skip Final Dividend After AGM Resolutions
At the Annual General Meeting held on August 28, shareholders of Uganda’s largest electricity distributor, Umeme Limited, approved a resolution…
Treasury Secretary Scott Bessent Announces New Sanctions Package Aimed at Isolating Iran’s Economy
U.S. Treasury Secretary Scott Bessent unveiled a sweeping set of economic sanctions targeting Iran’s energy, shipping, and financial sectors. The…
U.S. to Detail New Economic Pressures on Iran; Canada Announces Tariffs on American Goods
The United States Department of State announced that it will release a comprehensive plan outlining additional economic pressures on Iran…
Supreme Court Halts Lower Court Ruling on Trump’s Mail‑Voting Order as Legal Hurdles Mount
The United States Supreme Court issued an emergency stay on Tuesday, pausing a lower‑court injunction that had blocked former President…
Tycoon Sudhir Ruparelia Receives Shs 2.25 Billion Dividend from Bank of Baroda Uganda
Ugandan businessman Sudhir Ruparelia, founder of the Ruparelia Group, has been awarded a dividend of 2.25 billion Ugandan shillings (approximately $610,000)…
Afri‑Exim Bank Reports $43.4 Billion in Assets After Strong First‑Half Profit and Lending Surge
Afri‑Exim Bank disclosed that its total assets rose to $43.4 billion at the end of the first half of 2026, up…
NSSF Schedules Annual Members Meeting for Sept. 24 Amid Anticipation of Interest Rate Decision
The National Social Security Fund (NSSF) announced that its Annual Members Meeting will be held on September 24, 2026. The…
U.S. to Detail New Economic Pressures on Iran; Canada Announces Tariffs on U.S. Goods
Washington, D.C. – In a joint press briefing, the U.S. Department of the Treasury outlined a package of additional economic…
Washington’s First IndyCar Race Electrifies the National Mall
Washington, D.C. – The historic National Mall played host to the United States’ inaugural IndyCar event on Sunday, drawing a…
Treasury Secretary Scott Bessent to Unveil New Economic Sanctions Targeting Iran
Washington, D.C. – Treasury Secretary Scott Bessent is slated to announce a fresh slate of economic sanctions against Iran on…