According to Gucci’s Paris-based owner Kering, sales in the first quarter are predicted to drop by 20% as a result of a slowdown in Asia. The warning stands in contrast to competitors Hermès and LVMH, whose sales have held steady. Although the luxury market has expanded over the last ten years, recent sales have not…
The Kabarole District and Fort portal city taskforce teams in charge of enforcing quarantine measures in response to the Foot and Mouth Disease (FMD) outbreak have relaxed restrictions to allow meat vendors to resume operations under strict guidelines. Following the FMD outbreak, Dr. Anna Rose Ademun, the commissioner of Animal Health, placed Fortportal City and Kabarole…
A new authority to harmonize the regulation and enforcement of food safety and quality standards is about to be introduced by the government through the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF). At a three-day consultative retreat held in Entebbe over the weekend to discuss the principles of the Food and Agriculture Authority, the…
Private Sector Foundation Uganda and Busoga Kingdom have reached an agreement on a partnership that will benefit over 10,000 Busoga-based businesses through market networks, patient capital sourcing, capacity building, and other services as part of their joint efforts to support micro, small, and medium-sized enterprises. Get informed
As the nation gets ready for a severe heatwave in the upcoming weeks, South Sudan announced on Monday that all schools would be closed indefinitely. There is currently a heatwave in South Sudan that is marked by extremely high temperatures, between 41 and 45 degrees Celsius. Get informed
The finance minister of South Sudan was dismissed by President Salva Kiir without providing an explanation, despite the fact that the decision coincides with rising inflation and a significant decline in the value of the local currency relative to the US dollar. Get informed
Russia’s election on Sunday saw President Vladimir Putin win in a record-breaking post-Soviet landslide, solidifying his already firm hold on power and demonstrating that Moscow was correct to defy the West and send troops into Ukraine. Get informed
Uganda’s financial integrity has been strengthened by the European Union (EU) after removing the nation from its Anti-Money Laundering (AML) Blacklist. The action was taken on March 15, following Uganda’s removal from the Financial Action Task Force’s (FATF) “grey list” on February 23 in Paris, France. Get informed
The Kampala Capital City Authority (KCCA) is being sued by a businessman in the city for allegedly tearing down 13 of his kiosks that were situated in the New Taxi Park. According to Mr. Farouk Mujumba, the KCCA reversed course and destroyed all 13 of his fiberglass kiosks in January 2022, despite having originally given…
Parliament has reconvened this morning following calls from the opposition and some NRM legislators for it to reconvene and discuss the ongoing allegations of mismanagement and abuse. However the speaker of the parliament declined to address the allegations, referring to them as rumors or hearsay. Instead, the parliament has been hearing ministerial policy statements from ministers…
