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World Bank lifts funding ban as Deputy Speaker Tayebwa celebrates shs9.6t boost for Uganda.

World Bank lifts funding ban as Deputy Speaker Tayebwa celebrates shs9.6t boost for Uganda.

Nearly two years after the World Bank Group suspended new funding to Uganda over the enactment of the Anti-Homosexuality Act, the international lender has lifted the ban.Deputy Speaker of Parliament Thomas Tayebwa was among the first to welcome the development, congratulating the Ministry

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Parliament to Approve Shs8.2 Trillion Borrowing Amid Soaring Public Debt

Parliament to Approve Shs8.2 Trillion Borrowing Amid Soaring Public Debt

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), out of t

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Having Failed to Clear His Shs150Bn Debt, Kampala Emin Pasha Hotel Owner Kenny Losuk Lokule Lands M7 Rescue

Having Failed to Clear His Shs150Bn Debt, Kampala Emin Pasha Hotel Owner Kenny Losuk Lokule Lands M7 Rescue

In 2014, Kampala property mogul/businessman Kennedy Losuk Lokule embarked on construction of the luxurious Emin Pasha Lake View Residence on the rocky terrain of Kampala’s upscale neighbourhood of Muyenga.Reporting by Weekend Vision shows that the 120-r

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Why getting married abroad could land you with a HUGE bill from the taxman

Why getting married abroad could land you with a HUGE bill from the taxman

Couples marrying abroad could be landed with a huge inheritance tax bill if their foreign wedding is not legally binding, a husband and wife have warned.Antonia Medlicott, 49, and Tim Pindar, 44, tied the knot in 2009 in the wedding of their dreams in&nbs

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The Real Liberation is in Skill, says Museveni as he Launches Ntoroko Skilling Hub

The Real Liberation is in Skill, says Museveni as he Launches Ntoroko Skilling Hub

President Museveni has said that Uganda’s true path to liberation lies not just in politics but also in technology, skills andpractical education.“Skilling hubs have two purposes. One is to create wealth. Wealth comes from people,” he said.The president made the re

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Trump has 'no idea' who Australian election loser Peter Dutton is

Trump has 'no idea' who Australian election loser Peter Dutton is

BBC | US President Donald Trump says he is "very friendly" with Australian Prime Minister Anthony Albanese, who was re-elected over the weekend in a landslide victory."We have had a very good relationship," Trump told the Sydney Morning Herald at the White House on Su

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Majority of GROW Loan Beneficiaries Deal in Trade, Agribusiness- Report

Majority of GROW Loan Beneficiaries Deal in Trade, Agribusiness- Report

A report on the performance of the Generating Growth Opportunities and Productivity for Women Enterprises(GROW) project has indicated majority of benefiting women entrepreneurs are dealing in trade and commerce, agriculture and agribusiness.The report highlights performance of the project

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Court Orders Sale of Emerald Hotel over ABSA Loan

Court Orders Sale of Emerald Hotel over ABSA Loan

Kampala, Uganda – The Court of Appeal has directed the appointed receiver to audit and sell Emerald Hotel in Kampala within six months under court supervision.This decision overturns a prior High Court judgment

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Key M7 Minister Says He Won’t Apologize for Taking Hotel Africana Owner BMK’s Property To Recover Money He Lent To One Of The Deceased BMK’s Sons

Key M7 Minister Says He Won’t Apologize for Taking Hotel Africana Owner BMK’s Property To Recover Money He Lent To One Of The Deceased BMK’s Sons

Using a court order and court bailiffs (of Mutesasira Associates), Minister Balaam Barugahara has become the owner of part of the BMK estate. He is particularly moving to have a huge apartment block located along Plot 46 Mulamula road in Buziga sold off via publ

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Vuni, Kaluusimann and the tales of adventure bikers

Vuni, Kaluusimann and the tales of adventure bikers

Yes, you have seen the big, monstrous BMW 1200cc and 1250cc bikes at a place near you. Talk about adventure bikes and the first person many people will remind you of is Jacob Oulanyah, the late speaker of Parliament, who, in his short time on two wheels, used his face value to promote the bi

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