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Parliament SACCO struggles to release savings of 34 deceased MPs over widow wrangles

Parliament SACCO struggles to release savings of 34 deceased MPs over widow wrangles

The late Kawempe South MP Muhammad Ssegirinya’s case is the most complicated.The Uganda Parliamentary Savings and Credit Cooperative Organisation (SACCO) is withholding savings belonging to at least 34 deceased legislators due to bitter disputes among i

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Bitcoin firm Twenty One Capital drops 20% on first day of trading

Bitcoin firm Twenty One Capital drops 20% on first day of trading

Twenty One Capital came to market with over $4 billion in Bitcoin, but its lack of publicly shared business plans appears to have led some investors to the exit.Shares in Twenty One Capital (XXI), the newest crypto treasury company in the US, slid 20% on its trading debut after

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Father Hands Son a Blank Cheque at Graduation, Tells Him to Choose Any Amount

Father Hands Son a Blank Cheque at Graduation, Tells Him to Choose Any Amount

A Kenyan father has captured the internet’s attention after presenting his son with a blank cheque during his graduation celebration, telling him to write any amount he wished as his gift.The moment, recorded in a short video shared on TikTok, shows the young graduate standing

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The Biggest Takeaways Following the NFL's Week 14 Sunday Slate

The Biggest Takeaways Following the NFL's Week 14 Sunday Slate

This was the last time we will have bye weeks in the NFL this season, after 24 teams participated in 12 games yesterday. There's now much more clarity as to how the NFL Playoff Picture might shake out heading into Monday Night Football. With that in mind, let's review some of the biggest takeaway

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Shock as UETCL blows over Sh700bn on unused Bujagali Power.

Shock as UETCL blows over Sh700bn on unused Bujagali Power.

An inquiry into the cost of electricity from the 250MW Bujagali Hydropower Dam has revealed that government has over the past seven years paid USD 213.1 million (about UGX 775 billion) in deemed energy, money paid to Bujagali Energy Limited (BEL) for power generated but not taken by the national

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Poor legacy assets drag down PIC unlisted investment impairments

Poor legacy assets drag down PIC unlisted investment impairments

Public Investment Corporation chair says investments ‘not entirely prudent’PIC chair David Masondo. Picture: FREDDY MAVUNDA/BUSINESS DAYThe high level of impairments in the Public Investment Corporation’s (PIC) unlisted investment portfolio was overwhelmingly due to

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BREAKING: Coup Underway in Benin Republic As Military Overthrows Talon’s Government

BREAKING: Coup Underway in Benin Republic As Military Overthrows Talon’s Government

Coup Underway in Benin Republic As Military Overthrows Talon’s GovernmentMilitary officers in Benin Republic have taken control of the federal government.A group of soldiers led by Lieutenant Colonel Pascal Tigri, announced the dissolution of the government during a bro

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President Museveni’s Empowerment Drive Sees 300 Motorcycles Handed Over to Kawempe Boda Boda SACCOs

President Museveni’s Empowerment Drive Sees 300 Motorcycles Handed Over to Kawempe Boda Boda SACCOs

President Yoweri Kaguta Museveni’s nationwide initiative to economically empower grassroots groups has once again taken centre stage, with 300 brand-new motorcycles handed over to boda boda riders under various SACCOs in Kawempe.The handover ceremony, held at Growers Playgroun

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China discovers largest gold deposit in its history – Estimated reserves reach 1,444 tonnes.

China discovers largest gold deposit in its history – Estimated reserves reach 1,444 tonnes.

China has announced the discovery of the largest gold deposit ever found in the country since 1949, with estimated reserves of 1,444 tonnes in Liaoning province. The discovery comes at a time when global gold prices are hitting record highs.The Chinese Ministry of Natural Resour

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Tycoon Sudhir, Matovu Yanga named Kampala’s top real estate gurus

Tycoon Sudhir, Matovu Yanga named Kampala’s top real estate gurus

KAMPALA, Uganda — In a nod to the unsung architects of the city’s bustling commercial landscape, two of Uganda’s most influential tycoons, Sudhir Ruparelia and Haji Muhammad Matovu Yanga, have been crowned Kampala’s Best Business Landlords of 2025.The accolade, announced

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