Market News

The Tourism Exhibition of Japan (TEJ) 2024 opens at Big Sight in Tokyo Uganda participates with exhibitions from Buganda Kingdom, BIC Tours and Uganda Mission To… Yesterday, on the 26th of September, 2024, the much-anticipated Tourism Exhibition of Japan (TEJ) officially opened its doors at the iconic Big Sight venue in Tokyo. This annual event,…

The Ministry of Awqaf and Religious Affairs Monthly Report Escalation of Israeli Military Violations Against Places of Worship The Ministry of Awqaf and Religious Affairs recently released its monthly report, shedding light on the troubling increase in Israeli military violations against Al-Aqsa Mosque, the Ibrahimi Mosque, and other places of worship during the month of…

Finding Balance: The Federal Reserve’s Economic Outlook A Positive Outlook for the U.S. Economy Recently, Federal Reserve Chair Jerome Powell indicated a positive outlook for the U.S. economy, offering a glimmer of hope in uncertain times. His remarks focused on a potential soft landing, which would be driven by gradual interest rate reductions. Powell emphasized…

Charmingly Eccentric Dennis Daniel Ssemugenyi Leaves Uganda for Greener Pastures in Canada Dennis Daniel Investment Group (DDIGL) Makes Waves Dennis Daniel Ssemugenyi left Uganda many years ago to seek greener pastures, and his country of destination was Canada. It was a bold move, but one that paid off in spades. Ten years ago, Dennis, along…

Welcome to Mukono Magistrates Court Drama The Theater of Tian Tang Group Chinese Bosses Oh, Mukono Magistrates Court, how you never fail to entertain us with your daily dose of drama and intrigue. This time, the spotlight was on the four Chinese managers of Tian Tang Group, who were accused of attempted murder of rival…

President Museveni celebrates legacy of service at retirement ceremony for Deborah Katuramu A Fond Farewell at State House Entebbe Today was a day of mixed emotions at State House Entebbe as President Yoweri Kaguta Museveni, accompanied by the First Lady Janet Kataaha Museveni, bid a fond farewell to Deputy Head of Public Service, Deborah Katuramu….

Charmingly Eccentric Investment Trends: The Rise of Exchange-Traded Funds The $10 Trillion Milestone Assets held by exchange-traded funds in the US hit $10 trillion for the first time as the investor-friendly products continue their relentless takeover of Wall Street. The growth has been “incredible,” says Amrita Nandakumar, president of Vident Asset Management. Unleashing the Power…

US Stocks Fluctuate as Investors Await Powell’s Speech Market Update US stocks wavered on Monday but were still set for strong monthly and quarterly gains as investors waited to hear Federal Reserve Chair Jerome Powell speak in the run-up to the crucial monthly jobs report. The S&P 500 (^GSPC) was down 0.1%, while the Nasdaq…