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China discovers largest gold deposit in its history – Estimated reserves reach 1,444 tonnes.

China discovers largest gold deposit in its history – Estimated reserves reach 1,444 tonnes.

China has announced the discovery of the largest gold deposit ever found in the country since 1949, with estimated reserves of 1,444 tonnes in Liaoning province. The discovery comes at a time when global gold prices are hitting record highs.The Chinese Ministry of Natural Resour

Ultimate Uganda

Tycoon Sudhir, Matovu Yanga named Kampala’s top real estate gurus

Tycoon Sudhir, Matovu Yanga named Kampala’s top real estate gurus

KAMPALA, Uganda — In a nod to the unsung architects of the city’s bustling commercial landscape, two of Uganda’s most influential tycoons, Sudhir Ruparelia and Haji Muhammad Matovu Yanga, have been crowned Kampala’s Best Business Landlords of 2025.The accolade, announced

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Bukedea Woman MP Aspirant Sues EC Over Ruling Delays

Bukedea Woman MP Aspirant Sues EC Over Ruling Delays

Norma Susan Otai, the Forum for Democratic Change (FDC) aspirant for the Bukedea Woman MP seat, has taken legal action against the Electoral Commission (EC) and the Speaker of Parliament, Annet Anita Among. ‎Otai’s lawsuit, filed in response to what she describes as the EC

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Treasury bills auction attracts Shs567b as investor demand surges.

Treasury bills auction attracts Shs567b as investor demand surges.

Uganda’s domestic debt market continues to heat up, with the latest Treasury Bills auction attracting overwhelming investor interest and confirming growing confidence in government securities as a safe and lucrative investment option.In Auction No. 1218 held on November 19, 20

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BoU Reaffirms Regulatory Control Over Large SACCOs, Moves To Quell Sector Misconceptions

BoU Reaffirms Regulatory Control Over Large SACCOs, Moves To Quell Sector Misconceptions

The Bank of Uganda (BoU) has reiterated that it remains the lawful supervisory authority over large Savings and Credit Cooperative Organisations (SACCOs), dispelling growing public misconceptions about changes in sector regulation.Mr. David Kalyango, the Executive Director for S

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Ziza Bafana Mocks Lwasa Amid Financial Collapse, Says “This Is Just the Beginning”

Ziza Bafana Mocks Lwasa Amid Financial Collapse, Says “This Is Just the Beginning”

Dancehall star Ziza Bafana has taken a sharp jab at Masaka businessman Emmanuel ‘Acram’ Lwasa, saying the financial turmoil he is currently facing is only the start of his suffering. According to Bafana, nothing Lwasa is going through should come as a surprise.“

Ultimate Uganda

Man, 31, arrested in Yumbe over defiling 1-year-old niece

Man, 31, arrested in Yumbe over defiling 1-year-old niece

A 31-year-old man has been arrested by the police in Yumbe on allegations of defiling his one-year-and-nine-month-old niece.The suspect, Hamid, a resident of Leinga Central Cell in Barakala Town, Yumbe district, was arrested after the child’s guardian returned home on Sunday,

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Spice Diana’s former manager Roger Lubega, reportedly arrested amid ongoing fallout

Spice Diana’s former manager Roger Lubega, reportedly arrested amid ongoing fallout

Kampala – Music industry circles were abuzz over the weekend following reports that Roger Lubega, the longtime former manager of Ugandan singer Spice Diana, was allegedly arrested under unclear circumstances. The arrest comes months after the two reportedly ended their working relationship afte

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Nyege Nyege kicks off amid heightened security, expanded tourism offerings

Nyege Nyege kicks off amid heightened security, expanded tourism offerings

The four-day music and culture spectacle will run through to Sunday, 23rd November, promising thousands of attendees an elevated experience.The 10th edition of the Nyege Nyege Festival kicks off today, Thursday at Adrift Uganda, on Kalagala Falls.The four-day m

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Bitcoin price crash indicates free fall to $80,000 amid AI bubble fears

Bitcoin price crash indicates free fall to $80,000 amid AI bubble fears

The bitcoin price has crashed below $91,500, deepening a selloff that’s erased all of its gains for the year. Traders are now positioning for more pain.Bitcoin is in free fall—and traders are positioning for more pain.The Fed and AI bubble talk are two major headwinds

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