Business

MapQuest is getting an unexpected boost from its decision to defy President Trump’s renaming of Lake Ontario.

Eli Lilly expands its Massachusetts biotech buying spree with a $2.875 billion deal for Merida Biosciences, its eighth local acquisition since 2024.

The price of gold tumbled further Monday, falling from a 15-week high the metal reached last week.

People are isolated and looking for community. These companies are happy to sell it.

Tofu sold across 29 states may contain ink. Learn which product is affected and what to do if you have it.

KAMPALA — The cost of living in Uganda rose slightly in August, with annual inflation increasing to 4.1 percent, up from 4.0 percent in July, according to the Uganda Bureau of Statistics (UBOS). The increase means prices of goods and services were, on average, 4.1 percent higher in August 2026 than they were in August […] The post Uganda’s Inflation Rises to 4.1% as Food Prices Increase appeared first on SoftPower Ne

KAMPALA —Airtel Mobile Commerce Uganda Limited, trading as Airtel Money, and the National Social Security Fund (NSSF) have renewed their strategic partnership to expand access to voluntary social security savings through SmartLife Flexi. SmartLife Flexi is NSSF’s flexible savings solution targeting workers in Uganda’s informal sector, emerging workforce and other groups that may not have […] The post Airtel Money, NS

OpenAI said its ads business hit a $1 billion annualized revenue run rate: "Advertising is one pillar of OpenAI's diversified business model."

The proposed event-management budget for the funeral and burial of the late Tooro King Oyo Nyimba Kabamba Iguru Rukidi IV is set to cost about Shs 2 billion once Value Added Tax (VAT) is included, according to a budget submitted to the ministry of Gender, Labour and Social Development. The budget, dated August 29, 2026, […] The post King Oyo burial budget shoots to cost Shs 2bn appeared first on The Observer Media Lt

Follow all the latest action in financial markets on Monday.

Why is Tesla stock climbing today?

Kampala, Uganda | THE INDEPENDENT | Housing Finance Bank has appointed Dorothy Namutebi as Head of Mortgages and Consumer Banking, placing a banking professional with more than two decades of industry experience in charge of a key business function. Namutebi assumed the new role on August 10, 2026, after spending 15 years with Housing Finance Bank, where … The post Housing Finance Bank appoints Dorothy Namutebi to le

ADRA Uganda, ADRA Denmark, Opportunity Bank Uganda and Danish cooperative bank FasterOikos are developing a blended financing model to give refugee and host-community farmers in Kyaka II and Rwamwanja access to affordable credit for agriculture and other businesses.

Kampala, Uganda | PATRICIA AKANKWATSA | Uganda may have built digital infrastructure across much of the country, but a wide gap between connectivity and the ability to use the internet productively is increasingly shifting attention from access to skills. That challenge was at the centre of the graduation of 503 young people from MTN Uganda’s ACE … The post MTN graduates 503 youths as digital skills gap comes into fo

The exact date you can expect to receive your Social Security payment for the month varies from recipient to recipient. Here's who is eligible to receive pay...

The take-or-pay agreements that bears read as a cap on upside are the same ones that put a priced floor under Micron's worst case. Micron Technology (MU) stock has returned nearly 700% over the past year and still trades at about 77% of its 52-week high.

A key witness in states’ case against the tech giant argues the attorneys general should have held out for more.

OpenAI’s ChatGPT, Reddit, and Roblox will soon be subject to the European Union’s Digital Services Act, which regulates large online platforms.

PFF Head of Special Interest Groups Doreen Nyanjura has paid tribute to the late King Oyo Nyimba Kabamba Iguru Rukidi IV, praising his advocacy for environmental conservation, modern agriculture, sports and faith

The US debt picture continues to look brutal.

Four police officers have been dismissed from the Uganda Police Force over their alleged involvement in a $4 million (about Shs 15.6 billion) gold fraud scam. Police constables Ayub Kurut, Emorat Raazak, Benon Waiswa and Waiswa Siraje were arraigned before the Police Disciplinary Court over the weekend and dismissed from the force. They will also […] The post Four police officers dismissed over $4m gold fraud scam ap