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Parliament and the National theatre; two identical twins separated by road

Parliament and the National theatre; two identical twins separated by road

The national theatre is the central venue for music, drama and comedy shows. Adjacent to it is the Parliament of Uganda – ideally a place that should have been the national treasure for policy formulation, oversight and appropriation. However, it now appears like Parliament wants to outshine th

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Nansana Sacco Leaders Arrested Over Shs200m Mechanics Fund Scandal

Nansana Sacco Leaders Arrested Over Shs200m Mechanics Fund Scandal

Eleven members of a Nansana mechanics SACCO have been arrested over allegations of mismanaging more than Shs 200 million intended to support mechanics’ livelihoods, as police widen investigations into suspected embezzlement and abuse of office.Police in Nansana Municipality have arrested

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Bailiffs move to auction Pastor Ssenyonga’s Church properties over unpaid loan

Bailiffs move to auction Pastor Ssenyonga’s Church properties over unpaid loan

According to the advert, the church, listed as the debtor, must settle “the outstanding loan balances, interest plus our fees and disbursements” before the sale date, failing which the properties will be disposed of by public auction or private treaty.Court bailiffs have moved to sell

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Uganda Tea Prices Rebound 21 Percent at Mombasa Auction

Uganda Tea Prices Rebound 21 Percent at Mombasa Auction

MOMBASA, Kenya – Uganda’s tea sector is showing renewed signs of recovery, with auction prices rebounding 21% and absorption rates strengthening.Sector players say this offers cautious optimism to growers and processors after years of volatility. Data from the Mombasa tea auction indic

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Collin Hotel, Mukono Bookshop Tycoon Kasozi In Tears As Court Allows Auctioning Of His Multibillion Empire Over Shs778m Loan..

Collin Hotel, Mukono Bookshop Tycoon Kasozi In Tears As Court Allows Auctioning Of His Multibillion Empire Over Shs778m Loan..

Justice Joyce Kavuma of the Civil Division of the High Court has dismissed with costs the application filed by Mukono based businessman Augustine Kasozi the proprietor of the famous Collins Hotel and Mukono Bookshop seeking to stay the auctioning of his multibillion empire over Shs778m unpaid loa

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South Africa Bond Rally Builds Ahead of February 25 Budget

South Africa Bond Rally Builds Ahead of February 25 Budget

South African bonds extended gains as investors positioned for Finance Minister Enoch Godongwana's budget presentation on Feb. 25. Morgan Stanley said the budget could reinforce fiscal consolidation and further compress the risk premium on sovereign debt. The bank described the upcoming fiscal up

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Friends move to raise Shs 650 million to save late Cedric Babu Kololo home

Friends move to raise Shs 650 million to save late Cedric Babu Kololo home

The appeal comes after Kenya Commercial Bank (KCB) Uganda threatened to sell the prime condominium unit at Plot 1, Fumu Lane unless $182,709 (about Shs 655 million) is cleared within 21 days. Friends of the late former PLU Vice President Cedric Ndilima Babu are considering launching a camp

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Aponye Empire crumbles as banks list properties for auction over debt

Aponye Empire crumbles as banks list properties for auction over debt

The business empire of the late tycoon Apollo Nyegamehe, popularly known as Aponye, has been listed for public auction after failure to clear billions in outstanding loans, barely two years after his death.One of the Properties belonging to the late businessman Apollo Nyegamehe (inset) und

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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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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, 2025, the Ban

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