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Meet The Two Richest Women in Uganda Today and What They Do for a Living (Photos)

Meet The Two Richest Women in Uganda Today and What They Do for a Living (Photos)

Uganda is home to two extraordinary women who have made their mark in business and leadership, earning recognition as the wealthiest women in the country. Their success stories have become an inspiration to many.J

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South Korean investigators suspend efforts to detain president after dramatic standoff

South Korean investigators suspend efforts to detain president after dramatic standoff

Seoul, South KoreaCNN — South Korean investigators have suspended efforts to enforce an arrest warrant for embattled President Yoon Suk Yeol on Friday, hours into a standoff in which authorities tried to detain the leader following his short-lived martial law d

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Dr. Bireete Criticizes Museveni: Why Focus on Village Thieves While Billions Disappear at BOU?

Dr. Bireete Criticizes Museveni: Why Focus on Village Thieves While Billions Disappear at BOU?

Dr. Sarah Bireete, the Executive Director of the Centre for Constitutional Governance (CCG), has raised serious concerns about President Yoweri Museveni's focus on minor corruption while ignoring much larger issues. In a discussion on UBC's Behind the Headlines,

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South Sudan: Kiir Sacks Army Chief, IGP and Central Bank Governor

South Sudan: Kiir Sacks Army Chief, IGP and Central Bank Governor

Juba, South Sudan — November 21, 2024: South Sudanese President Salva Kiir has made sweeping changes to the country’s security and financial leadership.In a series of decrees broadcast on state-owned South Sud

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Bank of Uganda was Instructed to Pay Shs 60 Billion to Fraudsters, Recovers US$ 8 Million
	Why MTN is at loggerheads with URA in Shs 1.5 trillion tax stalemate

Why MTN is at loggerheads with URA in Shs 1.5 trillion tax stalemate

For the past five months or so, Uganda Revenue Authority (URA) has been at loggerheads with Uganda’s biggest telecommunications company, MTN.This follows an audit carried out by SafariTech - a Kenyan company tha

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Uganda Investment Authority and British High Commission Mired In Namanve Project Scandal

Uganda Investment Authority and British High Commission Mired In Namanve Project Scandal

The Uganda Investment Authority (UIA), under the leadership of Robert Mukiza, in collaboration with Louis Arinaitwe, the Country Director for Trade at the British High Commission (BHC), has become embroiled in a significant scandal.

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Excessive govt local borrowing starves private sector of credit 

Excessive govt local borrowing starves private sector of credit 

A report by the European Investment Bank indicates that excessive government domestic borrowing has severely impacted the private sector, with many borrowers left with no sources of credit. The report, titled: Finance in Africa, Unlocking Investment in an Era of Digital Transformation an

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To cap or not to cap interest rates

To cap or not to cap interest rates

The Parliament has passed a law mandating the Minister of Finance to prescribe a maximum interest rate that money lenders may charge their borrowers. Not surprisingly, the moneylenders’ association has “rejected” the new law, arguing that the government has no right to control what doe

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Tycoon Rajni Tailor faces jail over Shs148m rent arrears

Tycoon Rajni Tailor faces jail over Shs148m rent arrears

Rajini Tailor, a renowned businessman and former Buganda Kingdom minister, has been embroiled in a debt dispute with the Muljibhai Madhvani Foundation, resulting in his recent detention at Luzira Prison. The dispute centres on unpaid rent arrears amounting to approximately Shs148 million

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