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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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Biden to bid farewell at APEC and G20 under Trump's shadow

Biden to bid farewell at APEC and G20 under Trump's shadow

President Joe Biden heads to South America this week for a curtain call with global leaders after over 50 years in U.S. politics, but the man he tried and failed to keep from returning to power is likely to be the focus of many meetings: incoming President Donald Trump. Biden will hold

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Ugandan film lands global fellowship

Ugandan film lands global fellowship

A Ugandan movie is promising to make film lovers turn their eyes and attention to the Pearl of Africa if its potential cast is confirmed. Mr Otim, a movie by filmmaker Isaac Oboth, lists Winston Duke, Brian Ogola, Daniel Kaluya, Melvin Alusa, Forest Whitaker, Ntare Guma, Esteri Tebandeke, Pa

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Justin Welby resigns as Archbishop of Canterbury

Justin Welby resigns as Archbishop of Canterbury

Archbishop of Canterbury Justin Welby resigned "in sorrow" on Tuesday, saying he had failed to ensure there was a proper investigation into allegations of abuse by a volunteer at Christian summer camps decades ago. Welby, the senior bishop of the Church of England and spiritual leader of

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Trump’s Day One: Deportations and scrapping Biden humanitarian programs

Trump’s Day One: Deportations and scrapping Biden humanitarian programs

Donald Trump is expected to take a slew of executive actions on his first day as president to ramp up immigration enforcement and roll back signature Biden legal entry programs, a sweeping effort that will be led by incoming "border czar" Tom Homan and other Republican immigration hardliners

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What does Trump’s win mean for Africa?

What does Trump’s win mean for Africa?

 As it became clear that Donald Trump had landed the US presidency for the second time, leaders from across Africa began tweeti

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Absa in push to ease access to electric motorcycles

Absa in push to ease access to electric motorcycles

Financial technology company, Mogo, has said it has obtained a loan facility from Absa to ease access to electric motorbikes. The company, which indicated that it had previously benefited from Absa’s financing at the group level, said the first tranche of Shs5b had been disbursed.

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Two years later: Did dead pupil foresee Salama fire?

Two years later: Did dead pupil foresee Salama fire?

Rebecca Namulondo, 9, had a chilling premonition of impending doom. In an emotional revelation, Godfrey Wamunyokoli, a Mathematics and Science teacher at the Salama School of the Blind, 40km east of Kampala in Luga Village, Kisoga Sub-county, Mukono District, shared a chilling detail abo

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Govt urges NGOs against foreign donor funding

Govt urges NGOs against foreign donor funding

The Ministry of Internal Affairs has warned Non-Governmental Organizations (NGOs) to desist from taking up foreign donor funds with stringent conditions ahead of the 2026 general elections. According to the ministry, several NGOs ceased operations in Uganda after the heated 2021 election

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Trump in phone call advises Putin not to escalate in Ukraine

Trump in phone call advises Putin not to escalate in Ukraine

U.S. President-elect Donald Trump spoke with Russian President Vladimir Putin and advised him not to escalate the Ukraine war, a source familiar with the conversation told Reuters on Sunday, as President Joe Biden plans to urge Trump not to abandon Kyiv. Trump and Putin spoke in recent d

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