Business

The name marks a milestone, but Uganda’s real oil test begins when the first barrel reaches the market Kikuube, Uganda | JULIUS BUSINGE & AGENCIES | Uganda’s long-awaited entry into the global oil market has acquired a name, a commercial identity and, potentially, a new source of economic power. President Yoweri Museveni on … The post ‘Pearl Sweet’ puts Uganda’s oil ambitions on global market map appeared first on Th

Uber is cutting about 3,300 jobs in its largest layoff round since the pandemic and requiring nearly all employees to work from an office.

Wonderful said it will use its $550 million Series C funding to develop products faster, expand its FDE teams, and meet demand for its products.

Finance Minister Henry Musasizi has urged institutions and professionals to strengthen accountability, financial management and evidence-based decision-making to support Uganda’s sustainable economic growth.

It was nearly 12 months ago that Oracle stock surged a record 36% on AI optimism. The company has had a rough run since then.

Christopher was sick of being ghosted by AI recruiters. So he unleashed ChatGPT on his robot interviewer.

Palo Alto Networks Shares Slip as $1 Trillion AI Cybersecurity Risk Comes Into Focus

A new coffee initiative demonstrates how Uganda’s transport network is evolving into an expansive ecosystem of products, services, and economic opportunities. By Brian Mugenyi KAMPALA — When Fred Ssenoga, Chief Executive Officer of Union Transport Alliance, asserts that “Union Transport Alliance is a complete chain,” he describes an entity that resists standard classification as a […] The post ‘Union Transport Allian

Lowe's CEO Marvin Ellison unveils a coalition with NVIDIA, Bank of America and GM aiming to create one million skilled trades jobs by 2035.

Jim Cramer just called a stock he says matters more than Nvidia right now, and the pick is not who most AI investors are watching. The reason behind his conviction reveals a strange tension in how the market is pricing the entire AI buildout.

Uber has ended its operations in Uganda and Nigeria after a review of its business priorities, as the ride-hailing giant restructures globally and cuts about 3,300 jobs.

After the last model release three weeks ago, Google today is rolling out Gemini 3.8 Flash. This marks the third Flash update...

Thyme Care has raised $125 million from investors in a deal doubling the cancer startup's valuation as it tackles critical disease treatment gaps.

Adjusted earnings per share were $1.02, up from 95 cents last year, ahead of Wall Street projections of 98 cents.

A U.S. judge ruled in April 2025 that Google holds illegal monopolies on servers that host publisher ads and ad exchanges which sit between buyers and sellers.

The Trump administration wants the world to follow its lead on AI policy, even as it grapples with divisions at home.

Socialite and businessman Christian Asiimwe, alias Don Chris, has been remanded to Luzira Prison after denying 127 counts of obtaining money by false pretences in connection with an alleged overseas recruitment scam. Asiimwe appeared before City Hall Court Senior Principal Magistrate Grade One Nicholas Aisu on Tuesday, where he denied the charges. He was not […] The post Don Chris charged with 127 counts over alleged

A patched Linux kernel vulnerability in the IPv6 network stack is drawing renewed attention after OpenAI's agents exploited it.

GAAP gross margin fell to 64.5% from 67.4% a year earlier

Museveni names Uganda’s crude oil Pearl Sweet ahead of first exports Hoima, Uganda | NEWS CORRESPONDENT | Uganda has named its crude oil Pearl Sweet, giving the grade a commercial identity so it can be priced, marketed and sold to international refiners as the country moves to within weeks of its first oil. … The post Uganda’s crude oil to be called ‘PEARL SWEET’ appeared first on The Independent Uganda:.