Search Results

Israel pounds Lebanon, pressuring Hezbollah after killing its leader

Israel pounds Lebanon, pressuring Hezbollah after killing its leader

 Israel said it bombed Houthi targets in Yemen on Sunday, expanding its confrontation with Iran's allies in the region after killing the Hezbollah leader Sayyed Hassan Nasrallah on Friday in an escalating conflict in Lebanon. The airstrikes on Yemen's port of Hodeidah were in response t

Ultimate Uganda

What's behind the war that has driven Sudan to famine?

What's behind the war that has driven Sudan to famine?

A conflict in Sudan that erupted in April 2023 has unleashed waves of ethnic violence, created the world's largest internal displacement crisis, and pushed at least one area in Darfur into famine. WHAT TRIGGERED THE VIOLENCE? Tensions had been building for months before fighting betw

Ultimate Uganda

How Lugogo Cricket Oval and Serena revolutionized the showbiz scene

How Lugogo Cricket Oval and Serena revolutionized the showbiz scene

In 2022, Sheebah Karungi did the unthinkable, organised twin concerts at Kampala Serena’s Victoria Conference Hall. It was an ambitious move that could still show how much local music has come; for instance, there was a time when the biggest Ugandan concerts took place at Kyadondo Rugby Gr

Ultimate Uganda

What other players give savers eager to grow money

What other players give savers eager to grow money

If you had Shs100m in savings, where would you invest it? Would you consider safety first or simply dive into government bonds, or venture into stocks? Maybe your hard-earned savings could find a cosy home in real estate or leave it with the National Social Security Fund (NSSF) and forget ab

Ultimate Uganda

ROT IN BANKS! DFCU Bank on spot for forcing client to repay 13year mortgage loan in 2years, refuses to hand over his property titles

ROT IN BANKS! DFCU Bank on spot for forcing client to repay 13year mortgage loan in 2years, refuses to hand over his property titles

A client has accused DFCU Bank of forcing him to pay their initial 13 year mortgage loan in only two and a half years but only to hold onto his property titles.

Ultimate Uganda

From childhood friends to lifelong partners

From childhood friends to lifelong partners

“The first time I set my eyes on him, he was playing the drums at church. He had the most charming and calm smile I have ever seen. His zeal to serve the Lord and Christ-like character kept drawing me to him,” reveals Hope Lilian Nelomi, on what she says was love at first sight for Ephra

Ultimate Uganda

Tanzania opposition asks telecoms firm to respond to data-sharing accusation

Tanzania opposition asks telecoms firm to respond to data-sharing accusation

Tanzania's main opposition party has called for telecoms firm Tigo to respond to a former employee's accusation that the company helped the government track the location of an opponent who was later targeted in a failed assassination attempt. A former worker at Tigo's parent company, Mil

Ultimate Uganda

MUBS calls on business community to engage with universities

MUBS calls on business community to engage with universities

Makerere University Business School (Mubs) has called on other private sector players to join the Nation Media Group (NMG) in supporting universities by connecting them with industry players and investors, ensuring that their research becomes more relevant. Speaking on the second day of

Ultimate Uganda

Non-performing loans drop but credit extension remains subdued 

Non-performing loans drop but credit extension remains subdued 

The ratio of non-performing loans declined to 4.9 percent in the quarter ended June compared to 5.2 percent in March. In its Monetary Policy Report for the period ended June, Bank of Uganda indicated that the decline was largely registered among shilling-denominated facilities for which

Ultimate Uganda

Vision Group seeks Shs25b in new share sale 

Vision Group seeks Shs25b in new share sale 

Vision Group, which produces newspaper and broadcast titles including New Vision and Bukedde, among others, has told shareholders that it has reached an understanding in which government will acquire more 156.25 million shares to bolster its operating capital. The company, listed on the

Ultimate Uganda