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Does Kiira Motors need two years to turnaround?

Does Kiira Motors need two years to turnaround?

Uganda has eagerly awaited large-scale production from its state-owned auto plant, which some peg to be a high financial risk before it breaks even. Kiira Motors Corporation’s executives intend to produce 5,000 vehicles annually, mostly buses, to advance sustainable mass transit option

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Ashton Kutcher fears Sean 'Diddy' Combs could 'make up claims about famous pals to clear name'

Ashton Kutcher fears Sean 'Diddy' Combs could 'make up claims about famous pals to clear name'

Ashton Kutcher and Sean 'Diddy' Combs were once good pals, but since Diddy's arrest for alleged sex trafficking, the actor is said to be fearful of what the rapper will say or do next

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Who holds the largest share of govt's domestic debt

Who holds the largest share of govt's domestic debt

Commercial banks hold the largest share of government’s domestic debt, according to the Debt Statistical Bulletin and Public Debt Portfolio Analysis by the Ministry of Finance. The analysis, which seeks to provide accurate and timely debt statistics, crucial for assessing the countryâ€

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Did ‘The Simpsons’ Predict Diddy’s White Parties? Viral Instagram Reel Claims Sitcom Eerily Foreshadowed Sean ‘Diddy’ Combs’ Infamous Celebrity White Parties Amid Rapper’s Legal Battle

Did ‘The Simpsons’ Predict Diddy’s White Parties? Viral Instagram Reel Claims Sitcom Eerily Foreshadowed Sean ‘Diddy’ Combs’ Infamous Celebrity White Parties Amid Rapper’s Legal Battle

An Instagram reel has taken the internet by storm, claiming that a 2017 episode of The Simpsons eerily foreshadowed the details of Diddy's white parties. The episode in question, titled 'The Great Phatsby,' featured as part of Season 28 and even had a character

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Arsenal fans will be absolutely furious with what happened twice during Tottenham’s win vs Man Utd

Arsenal fans will be absolutely furious with what happened twice during Tottenham’s win vs Man Utd

Arsenal and talk of red cards is becoming very familiar this season, probably too much so in the eyes of Mikel Arteta.Many felt as if 

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Vision Group's Shs25b share sale explained

Vision Group's Shs25b share sale explained

On September 24, Vision Group, which is listed on Uganda Securities Exchange as New Vision Publishing and Printing Company Limited, told each of its shareholders in a notice that it had reached an understanding with the government about an intervention to take on a new type of shares in addi

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The unending struggles of KCCA leadership

The unending struggles of KCCA leadership

First, it claimed the scalp of Jennifer Musisi, who at the time seemed to be permanent furniture at the Kampala Capital City Authority (KCCA).  After, Erias Lukwago, the City Lord Mayor, went lyrical, singing his heart out after the exit of his biggest nemesis at the City Hall. When M

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Dr Kiiza Besigye Undergoes An Operation After Enduring 13 Years Of Pain

Dr Kiiza Besigye Undergoes An Operation After Enduring 13 Years Of Pain

Firebrand politician Dr Kiiza Besigye has reportedly undergone an operation on his right hand after enduring great pain on his right hand for 13 years. Besigye who is currently in the US had this pain brought to an end by the surgeons abroad.In the photos shared on his socials, Besi

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Government loans worth Shs13 trillion remain unutilised 

Government loans worth Shs13 trillion remain unutilised 

The stock of unused external debt rose by $500m (Shs1.8 trillion) due to sluggishness in implementation of government projects, according to the Ministry of Finance Debt Statistical Bulletin. The Bulletin, which covers and analyses a wide range of public debt developments, indicates that

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Energy officials tasked by Museveni to lower electricity rates

Energy officials tasked by Museveni to lower electricity rates

The President argued that low electricity tariffs and low cost of transportation of goods and services are key components for propelling the Ugandan economy to the upper rungs of middle-income status. “If you want a modern economy, you must handle the four sectors as I have told you bu

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