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Shock as UETCL blows over Sh700bn on unused Bujagali Power.

Shock as UETCL blows over Sh700bn on unused Bujagali Power.

An inquiry into the cost of electricity from the 250MW Bujagali Hydropower Dam has revealed that government has over the past seven years paid USD 213.1 million (about UGX 775 billion) in deemed energy, money paid to Bujagali Energy Limited (BEL) for power generated but not taken by the national

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Agent Luka Modric?! AC Milan aim to use Croatia international to help land his former Real Madrid team-mate

Agent Luka Modric?! AC Milan aim to use Croatia international to help land his former Real Madrid team-mate

AC Milan are planning to use Croatia legend Luka Modric to help land his former Real Madrid team-mate Andriy Lunin in case their star goalkeeper Mike Maignan exits the club as a free agent. Maignan, a France international, looks set to leave the Italian club at the end of the season, with no new

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Arsenal to bid €45m in shock January signing as Berta goes ‘all out’ for ‘Mbappe-like’ attacker

Arsenal to bid €45m in shock January signing as Berta goes ‘all out’ for ‘Mbappe-like’ attacker

Arsenal are preparing to bid roughly €45m in January for a player who might not help their title challenge one bit, while Andrea Berta is reportedly going ‘all out’ to sign a forward compared to Kylian Mbappe and a recent Arsenal signing has been branded ‘Raheem Sterling 2.0’.Ars

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Centre auctions 3 coal blocks, likely to attract Rs 7,350 crore investment

Centre auctions 3 coal blocks, likely to attract Rs 7,350 crore investment

Centre auctions 3 coal blocks, likely to attract Rs 7,350 crore investmentlokmattimes.com55minNew Delhi, Nov 25 The Ministry of Coal on Wednesday successfully completed the auction of three coal blocks ...Centre auctions 3 coal blocks, likely to attract Rs 7,350 crore

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Gold dips as dollar firms, investors weigh U.S. rate cut bets

Gold dips as dollar firms, investors weigh U.S. rate cut bets

Gold dips as dollar firms, investors weigh U.S. rate cut betscnbc.com25minNOVOSIBIRSK, RUSSIA - SEPTEMBER 15: A worker shows granules of gold at Novosibirsk Refining Plant, Russia's leading gold refining and bar manufacturing plant, in Novosibirsk, Russia on September 15, 202

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Wall Street finally is giving altcoins a seat at the table – But can they keep it?

Wall Street finally is giving altcoins a seat at the table – But can they keep it?

Solid inflows clash with a weak altseason index, so all’s not what it seems.Wall Street finally is giving altcoins a seat at the table - But can they keep it?Key TakeawaysAre altcoin ETFs enough to trigger an altseason?Early inflows are strong for some assets, but th

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Teso Progressive SS pays over UGX 10m for burial of student shot dead by runaway soldier

Teso Progressive SS pays over UGX 10m for burial of student shot dead by runaway soldier

Deputy Chief of Defence Forces (CDF), Gen. Sam Okiding, confirmed the army’s contribution of UGX 5m for burial expenses and UGX 2m for medical treatment of a teacher injured during the shooting.Ngora, Uganda: The management of Teso Progressive Secondary School has paid UGX 10.5 million t

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STANBIC FRAUD WEB! Cyber Thieves Who Collided with Insiders to Target Enid Kukunda’s Sh725m officially charged, remanded

STANBIC FRAUD WEB! Cyber Thieves Who Collided with Insiders to Target Enid Kukunda’s Sh725m officially charged, remanded

Four people accused of attempting to defraud Stanbic Bank of Shs725 million were on Friday formally charged before the Buganda Road Chief Magistrate’s Court.They face seven counts, including forgery, uttering false documents, personation, attempted theft, and conspiracy to commit a felon

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Botswana launches sale of citizenship at $75,000

Botswana launches sale of citizenship at $75,000

Botswana has unveiled its first-ever Citizenship by Investment program, offering foreign investors the opportunity to acquire citizenship for $75,000 (approximately Shs288 million). The initiative, known as the Impact Investment Program is expected to officially begin in early 2026 as part

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Kenan Yildiz on the move? Juventus fail to convince young star to sign contract extension in transfer boost for Arsenal, Chelsea and Real Madrid.

Kenan Yildiz on the move? Juventus fail to convince young star to sign contract extension in transfer boost for Arsenal, Chelsea and Real Madrid.

Kenan Yildiz’s future at Juventus is in serious doubt, with contract talks between the young Turkish forward and the club put on hold after months of negotiations. Top European giants, including Arsenal, Chelsea and Real Madrid, are now ready to move for the 20-year-old. The German-born, who jo

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