Category : Global Alerts

Federal Reserve’s Bostic Suggests No Interest Rate Cuts, Even If Recession Hits America

Federal Reserve Bank of Atlanta President Raphael Bostic said Monday he does not expect any interest-rate cuts this year and well into 2024, even if there’s a recession. If anything, rates will go up because inflation is probably stickier than financ...

Bell Lager’s CEO party excites revelers at Kenji’s

By Our Reporter Bell Lager held its debut enjoyment pop-up party last Saturday in search of the ultimate Bell Lager Chief Enjoyments Officer. Held at popular hang-out spot Kenji’s, the first pop-up party had the members of the enjoyment squad, Harmo...

Study: Smoking Too Much Weed Increases Risk of Heart Disease

Medical advice on weed keeps getting more and more confusing. According to the National Center for Complementary and Integrative Health, drugs containing cannabinoids (a type of chemical in marijuana) may help treat certain rare forms of epilepsy, na...

New vibrant entrants seek top spot in the music industry, Cata Vybz and Lau Wyne release new song “Kyayanga”

Everyday is another day to hear of a new talent in the Ugandan music industry, however, it’s not just new talent for for Cata Vybz and Lau Wyne but a new unique talent. Cata Vybz and Lau Wyne, unlike many are a duo that prides in singing in Ru...

Irene Kayemba sings for love, outs “Nze Amulina”

Irene Kayemba one again has aimed at grooving with her fans. The singing businesswoman has dropped her latest single ‘Nze Amulina’ In this song, Kayemba uses the Luganda phrase “Nze Amulina,” which translates as “I am with him,” to express sa...

Dubai organizes largest hosted buyers program at the 2023 Arabian Travel Market

By Our Reporter The Arabian Travel Market (ATM) is an annual travel and tourism event held in Dubai to give inbound and outbound tourism professionals in the Middle East a platform to provide information on travel destinations, lodging options, tour...

A Biden Mafia-Like Family Business? Corruption Or Republican Conspiracy Gossip?

President Joe Biden’s son Hunter Biden is the focus of an investigation by House Republicans into the family’s business dealings, and a new report concludes that they’re trading off the Biden name for profit with transactions that suggest the main fa...

Fact Check: Bobby Brown Was Kidnapped Over Debt, Whitney Houston Paid $400,000 Ransom To Save His Life

Pop diva Whitney Houston and R&B superstar Bobby Brown were married from 1992 to 2007. While their relationship was reportedly full of turbulence and drug abuse by both parties, until they divorced, they appeared to be a ride-or-die couple.&...

Alleged Killer Of Young Dolph Gets $90,000 Bond: 3 Things To Know

Hernandez Govan, who was accused of organizing the murder of popular Memphis hip-hop artist Young Dolph has posted bond and was released from jail.Authorities accuse the 43-year-old Govan of being the one who ordered Justin Johnson and Cornelius Smit...

Uganda Breweries, Kabaka Foundation commission 8 sanitation blocks

By Our Reporter Uganda Breweries in partnership with the Kabaka Foundation has commissioned the Namuwongo sanitation block which is one of the 8 blocks that have been constructed in Katwe, Mulago, Mengo, Nakulabye, Kireka, Nateete, Lubiri, and Namuwo...

Absa Bank Uganda appoints new Credit Director

By Our Reporter Absa Bank Uganda Ltd has appointed Rachel Rwakatungu as the new Credit Director of the bank. Rwakatungu is a seasoned banker with a wealth of experience in the banking and financial services industry, business, and regulatory risk. S...

Former Feffe Bussi manager Arafaty Baddest and Karma Ivien now working together

Just days after Feffe Buusi announced that he had called it quits with long term manager Arafaty Baddest and announcing new management, the latter has made an even bigger move. On Friday morning, Arafaty Baddest announced his next move. He...

MTN Uganda, Stanbic Bank ranked among Africa’s Top 250 Companies

MTN Uganda Chairman Charles Mbire By Our Reporter The latest annual survey by South Africa’s African Business Magazine on Africa’s Top 250 Companies has again ranked MTN Uganda as the 5th most prominent company in East Africa and the 102nd position i...

Opinion: The Flawed Argument Of There’s No Such Thing As A Free Lunch

As a parent, I get a lot of notices from my children’s school. The school sends letters home, they email me and they call me. It can be a bit much at times and I understand why they do it, but still. One of the more annoying notices is the emails I r...

Airtel launches eSIM in Uganda

By Our Reporter Airtel Uganda has launched eSIM (embedded SIM) – a digital SIM that enables customers to access the same functionality as someone using a physical SIM. The eSIM offers several benefits over the traditional SIM cards as it is quick an...