Business & Economy

Albertsons cut its annual outlook after comparable grocery sales declined, while digital and pharmacy growth helped offset pressure in its core business.

After five months of war, analysts say oil markets will be forced to price in long-term disruption to global energy flows.

As Uganda works to expand participation in the digital economy, the Digital Defenders Protection Initiative says inclusion must go hand in hand with online safety, warning that citizens and businesses can only benefit from technology when they trust and understand the risks involved.

Kampala, Uganda | URN | Fuel prices continue to oscillate between 6,300 shilling (1.68 dollars) and 6,700 shillings per litre for both petrol and diesel, contributing most to the high average prices of goods and services in the second quarter of 2026. According to the Uganda Bureau of Statistics (UBOS), at the end of June … The post Fuel hikes threaten Central bank inflation target appeared first on The Independent U

You have just days to submit a claim to receive up to $51.

Rocket Lab shares have fallen despite Iridium, defense wins and continued Neutron commercialization progress. Learn why RKLB stock is a strong buy.

As Uganda pushes to turn digital access into economic opportunity, the country's research and education network says investment must extend beyond internet connectivity to the digital infrastructure that powers artificial intelligence, research, innovation and high-speed collaboration.

Police in Wamala Region have arrested five suspects linked to the killing of two farm workers and the theft of coffee and cash in Kassanda District, with investigators recovering exhibits believed to have been used during the attack.

The massive, multistate outbreak of cyclosporiasis has expanded to nine states, the Centers for Disease Control and Prevention said Friday.

Police have recovered 11 suspected stolen mobile phones during an intelligence-led operation in Kansanga and arrested one suspect as investigations into the illegal trade of stolen devices continue.

Journalist and lawyer Gideon Tugume has regained his freedom after spending two weeks in detention, ending days of uncertainty over his whereabouts following his arrest over controversial remarks made during a live radio programme.

Whether to buy or sell the stock has never been about fundamentals. It has always been a bet on the future and Musk’s ability to see it more clearly than anyone else.

Alphabet is reminding investors of a early warning of past tech-stock wrecks — negative free cash flow. The risk in the S&P 500 is growing.

Next Media Group CEO Kin Kariisa says Uganda has largely solved the challenge of digital connectivity and must now focus on using technology to create jobs, grow businesses and unlock opportunities for young people and the wider economy.

The third State of the Digital Economy (SODE) conference opened with a call for Uganda to shift from expanding internet access to creating jobs, businesses and innovation through technology, setting the tone for a national conversation on how digital transformation can deliver real economic opportunities.

Appeals court recalculates SK Chairman Chey Tae-won's marital assets in split from Roh Soh-yeong

FDA says eggs sold in New Mexico are being recalled over possible Salmonella contamination.

Is the memory giant's stock a buy after its recent pullback?

American Express Co. said second-quarter expenses surged 12% as it spent more on marketing to attract and retain premium cardholders.

Kampala, Uganda | URN | Uganda Revenue Authority registered its first monthly fiscal surplus in six months after stronger-than-expected tax collections helped the government raise more money than it spent in June, according to the Ministry of Finance. Government operations ended the month with a fiscal surplus of about 517 billion Shillings, reversing the projected … The post URA posts first monthly fiscal surplus, h

The major auction houses racked up nearly $10 billion in sales in the first half, marking one of the strongest-ever starts to the year.

Samsung Electronics Co. and SK Hynix Inc. are set to unveil major agreements involving “very large” sums with leading US technology companies during President Lee Jae Myung’s visit to Silicon Valley, a senior presidential official said.

KAMPALA, Uganda — Growing demand for mobile internet services across East Africa has helped drive Airtel Africa’s Mobile Services revenue to US$607 million for the quarter ended June 30, 2026, up from US$498 million recorded during the same period last year. The company attributed the growth to increasing digital adoption, rising smartphone usage and higher […] The post East Africa’s Data Growth Drives Airtel Africa