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Uganda’s rising debt, shrinking lives

Uganda’s rising debt, shrinking lives

How government’s borrowing spree is leaving citizens bearing the country.At dawn, the roar of engines rises above the quiet streets of Entebbe as David Tumusiime, 47, prepares for his daily commute to Kampala. Like thousands of other motorists, he joins the line sn

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DENIS TUKAHIKAHO PhD: Uganda’s $31M carbon deal is just the beginning—now let’s plant more trees.

DENIS TUKAHIKAHO PhD: Uganda’s $31M carbon deal is just the beginning—now let’s plant more trees.

Denis Tukahikaho Ph.D. is an expert on Cooperatives, Financial Inclusion and Renewable Energy InvestmentKAMPALA – The Green Climate Fund (GFF) has approved a USD 31 million (UGX 107.7 bn) as a result-based payment for Uganda in recognition of measurable success in reducing deforestation

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Emirates, Qatar competition heats up in Uganda.

Emirates, Qatar competition heats up in Uganda.

How the rivalry between the two Gulf carriers has contributed to the growth of the local aviation industryEmirates and Qatar Airways, the two Gulf carriers dominating the global aviation industry are flexing muscles over the fast growing Ugandan market. Every week thousands of U

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Oppo gearing up to rival Samsung Galaxy Z Fold 7 with a 6,000mAh foldable

Oppo gearing up to rival Samsung Galaxy Z Fold 7 with a 6,000mAh foldable

Oppo is reportedly preparing to launch the Oppo Find N6.Oppo appears ready to take on Samsung once again in the premium foldable space. The Chinese smartphone maker is reportedly preparing to launch the Oppo Find N6, a next-generation book-style foldable designed to challenge the Samsung G

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Russian Military Arrives in Venezuela as they Warn the US…

Russian Military Arrives in Venezuela as they Warn the US…

Well now it appears that the shoe is on the other foot as Russia is directly supplying Venezuela with offensive and defensive weapons, just as NATO and the US have been directly supplying Ukraine in their proxy war against Russia.Venezuelan President Maduro has asked Russia, Chi

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Oil set for third monthly decline as strong dollar weighs

Oil set for third monthly decline as strong dollar weighs

Singapore — Oil prices eased on Friday, heading for a third consecutive monthly decline, as a stronger dollar and weak China data capped gains while rising supply from major producers globally offset the effect of Western sanctions on Russian exports.Brent crude futures slippe

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Top 10 hardest countries to obtain citizenship.

Top 10 hardest countries to obtain citizenship.

Top 10 hardest countries to obtain citizenshipSecuring citizenship in some countries can be a long and demanding journey in contrast with how some other nations offer relatively straightforward processes.Below are 10 countries where obtaining citizenship is considered the

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Seoul and Washington Pen $950 Billion Deal.

Seoul and Washington Pen $950 Billion Deal.

Washington and Seoul brokered a historic $950 billion deal, bringing the two nations closer in both trade and military alliance. South Korea will pay $350 billion upfront to lower tariffs implemented by the USA. Hundreds of billions will flow between the nations as trade once again acts as the gr

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Uganda’s Oil Reserves Rise to 6.65 Bn Barrels, says Nankabirwa.

Uganda’s Oil Reserves Rise to 6.65 Bn Barrels, says Nankabirwa.

The oil sector’s development — including two central processing facilities at Kingfisher and Tilenga — is expected to unlock billions in ancillary investment and generate thousands of jobsKampala: Uganda’s proven oil reserves have risen to 6.65 billion barrels, up from 6

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Gold slips as Fed rate caution boosts dollar, set for third monthly rise.

Gold slips as Fed rate caution boosts dollar, set for third monthly rise.

Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts.Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts, although bullion was still on track for its third straight monthly gain.

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