On Tuesday, parliament of Uganda resumed sessions with top on the order paper approving loans totaling to Shs8 trillions which government is borrowing from different financial institutions including banks in Uganda and abroad.Journalists working for National Media group, the mot
Parliament is today set to authorize a staggering Shs8.2 trillion in new borrowing, a move that signals the nation’s spiralling public debt already at Shs116.2 trillion (51.3% of GDP) and its economic implications.According to the house order of today’s business (Order Paper
Uganda and the UAE kicked off their fourth annual business forum in Kampala, aiming to boost a $2.8 billion trade relationship dominated by Ugandan gold. Foreign direct investment from the Gulf nation has surged tenfold, fueling growth in sectors like agribusiness and renewable energy.
Russian stocks continued to plunge on Monday, fuelling fears of a major financial crisis following Donald Trump's swingeing new sanctions. The Kremlin has been rocked by the White House's decision last week to target its two largest oil companies in the latest sanctions package.
Authorities have confirmed the arrest of Wadulo Musa, the driver of a bus registered as UAV 701C under YY Company, following a serious road crash in Buikwe District. The incident left several people injured and claimed multiple lives, prompting swift action from the police and judicial authoritie
Morocco plans to abandon coal power entirely by 2040 if it secures international climate finance, the Powering Past Coal Alliance (PPCA) said on Thursday.Morocco joined the international PPCA, a group of around 60 governments seeking to phase out coal power, in 2023, in a bid to progress n
Justin Bieber Holds Hailey AND Kendall Jenner In Tight Embrace During Concert! Look!Sometimes you just need a hug!On Saturday night, Justin and Hailey Bieber were spotted attending the Dijon concert in San Diego… But they weren’t alone. Kendall Jenner was right there
The Alliance for National Transformation (ANT) presidential candidate, Rtd Maj Gen Mugisha Muntu, has pledged to revitalise Uganda’s struggling tea industry if elected in the forthcoming general elections.Addressing supporters in Kyenjojo district on Friday, Muntu said restori
A distinguished older man with a dramatic white beard and styled hair wears a thick, luxurious fur coat and a heavy chain necklace, gazing upward against a clear turquoise sky.Many of us are chronic over-apologizers. For some, it’s due to people-pleasing or the aftermath of ha
Political theorist Dr. Yusuf Sserunkuma says it was a mistake for Bobi Wine to rebrand his political approach and seek to come off as a more issue-based Presidential Candidate going into 2026 campaigning season than he was in 2021. Appearing on Behind the Scenes program, which T
