Business & Economy

Following are UN Secretary-General António Guterres' remarks at the Security Council open debate on "Natural resource governance: the foundation of peace, security and prosperity", in New York today:

This is the biggest lottery prize of the year so far, eclipsing the $533 million Mega Millions jackpot won by a lottery player from Illinois in March.

KAMPALA — The Uganda Police Force has clarified circumstances surrounding a viral video showing armed security officers firing shots into the air, saying the incident occurred during an operation to arrest suspected offenders at Kiseka Market in Kampala. According to a police statement issued on Wednesday, the incident happened on Monday, July 20, 2026, at […] The post Police Speak Out On Gunfire Incident at Kiseka M

The price of oil surged nearly 5% Wednesday as U.S. officials talked down new peace talks. Major disruptions now face two of the world’s key supply routes.

There are a host of challenges at work as the ‘long’ 30-year Treasury yield approaches its longest stretch above 5% in 19 years

Meta Platforms' cloud computing business changes the investment thesis completely.

Summer charters in the Med are down 20% to 30% from last year, yacht brokers say, with a growing number offering special discounts for July and August.

MTN MoMo Uganda and Next Travel have launched Travel by MoMo, a digital platform that allows Ugandans to search, compare and book flights using mobile money, eliminating some of the traditional barriers to international travel.

Bridgewater Associates founder Ray Dalio recalls warning Tesla and SpaceX CEO Elon Musk against betting his PayPal proceeds on Mars exploration.

Kampala, Uganda | THE INDEPENDENT | MTN Mobile Money (U) Limited, in partnership with Next Travel, has launched Travel by MoMo, a new digital travel booking platform designed to make air travel more accessible, convenient, and inclusive for Ugandans. The platform, unveiled on July 21 in Kampala, enables customers to search, compare, and pay for … The post MTN MoMo and Next Travel launch digital travel booking platfor

With an FDA panel expected to recommend legal production of as many as seven peptides this week, compounding pharmacies and telehealth companies are preparing for the coming bonanza.

Food poisoning fears are mounting as outbreaks of the Listeria, E. coli and the “explosive diarrhea” parasite Cyclospora, spread nationwide, but experts say there are still plenty of sa…

Kampala, Uganda | THE INDEPENDENT | Britam Uganda and Airtel Mobile Commerce Uganda Limited have launched a partnership aimed at expanding access to insurance, investment and other regulated financial services through Airtel Money, as financial institutions increasingly turn to digital platforms to deepen financial inclusion. The collaboration will enable customers to access insurance and investment … The post Britam

Huang told Axios that American companies should "absolutely" be allowed to use Chinese models.

Soroti, Uganda | THE INDEPENDENT | Housing Finance Bank hosted more than 150 customers in Soroti on Friday, July 17, 2026, during an engagement aimed at strengthening customer relationships, listening to client feedback, and delivering financial solutions tailored to their evolving personal and business needs. The engagement brought together customers, bank leadership, and city officials … The post Housing Finance Ba

Meta sold at least 7 million of its glasses last year, and Kylie Jenner debuted a new pair she designed. The backlash shows they're controversial.

The reported move comes as the Trump administration weighs sanctions on Chinese AI firms and officials warn against relying on Beijing’s technology.

Dubai, UAE | THE INDEPENDENT | One of Africa’s leading electric mobility company, Spiro, has published its inaugural Sustainability Report, unveiling ambitious environmental targets, including achieving net-zero Scope 1 and Scope 2 emissions by 2040, while positioning electric mobility as a key driver of economic growth and climate action across the continent. Released on July … The post Spiro sets 2040 net-zero targ

URA Enforcement Team Seizes Rice Hidden in Corn Sacks ChimpReports

Jinja , Uganda | THE INDEPENDENT | Burugo Primary School in Jinja District has been crowned national champion at the inaugural National Dettol Hygiene Quest Festival, which brought together schools from across Uganda to promote better hygiene through Music, Dance and Drama (MDD) last weekend. The festival marked a vibrant new chapter in school health … The post Burugo Primary School crowned national champion at inaug

A tough commute awaits those who rely on the Red Line during a 10-day shutdown that began Tuesday.

The payout resolves claims that Anthropic pirated books to build its AI training library.