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
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.
Manchester United are ready to fast-track Rasmus Hojlund's eventual sale to Napoli and sell the Danish forward to the Serie A champions when the January transfer window opens. Hojlund, who joined United from Atalanta in 2023, has hit the ground running for Antonio Conte's side since moving on loa
THIS is the horrifying moment a huge lorry skids wildly out of control before smashing into an oncoming car.Two people were found dead among the wreckage after the semi-trailer suddenly jackknifed as it came careening down a rain-soaked road.A large white semi-
Why speed of the upswing has been much faster than analysts predicted and why the rally is likely to continue?COMMENT | LUKE HARTIGAN | The price of gold surged above US$4,100 (Approx. Shs14 million) an ounce (Approx.28g) on Oct.15 for the first time, taking this year’s extrao
Betty Namono, the Principal Human Resources Officer, and Michael Bichacha, the former Chief Finance Officer in Court.The Mbale High court has sentenced two senior Manafwa district officials to two years in prison and ordered them to pay back over 1.6 billion shillings lost in a
Florian Wirtz has to start for Liverpool at Brentford (Image: Getty)Liverpool’s starting XI against Brentford this evening is obvious if they are without five injured players. The Reds will be without No.1 goalkeeper Alisson Becker, back-up defender Giovanni Leoni, right-back Jeremie Fri
MTN Mobile Money (U) Ltd (MTN MoMo) and partners have launched a nationwide cybersecurity awareness campaign under the theme “Securing the Future: The Rise of AI” to educate customers on safe digital practices amid rising cyber threats.Speaking at a p
An artistic impression of an oil refinery. Uganda hopes to complete construction of a 60,000 barrels/day refinery by 2030. COURTESY IMAGE/PETROLEUM AUTHORITY OF UGANDA.Delayed construction heightens importance of missing piece in
New Chinese "wonder goats" arrive in Uganda under FAO project. Research will crossbreed them with local types known for slower growth to increase meat yield.Minister Bright Rwamirama (left) and Dr. Swidiq Mugerwa inspect the Chinese goats during the han
