US Paves Way For Talks On Lukoil’s Assets Sale In Nigeria, Other CountriesLukoil's international assets are estimated to be worth about $22 billion, based on 2024 filings.The Trump administration on Friday gave clearance to potential buyers to talk to Russia’s Lukoil about buyin
The Uganda Wildlife Authority (UWA) has revealed that Queen Elizabeth National Park in Western Uganda is currently is stuck with One Billion, Five Hundred Million Shillings (Shs 1.5Bn) due to local governments’ failure to account for funds allocated during the financial year 2023/2024.Ea
Kiev’s European backers are seeking guarantees that their financial aid would not be embezzledThe EU is seeking concrete commitments from Ukraine in the wake of the bombshell corruption scandal implicating Vladimir Zelensky’s close associate, Politico Europe reported on Friday, citing
CNB Governor Aleš Michl aims to explore Bitcoin’s role in reserve diversification through testing.Czech National Bank crypto betKey takeawaysWhy did the Czech National Bank invest in crypto assets? The CNB launched a $1 million pilot to gain hands-on experience with
The number of foreigners kidnapped by jihadists in Mali has reached a record high, with at least 22 taken hostage by the al-Qaeda affiliate group JNIM in the last six months, as part of its strategy to undermine the ruling junta.Between May and October the Group for the Support of Islam an
The deceased were identified as Ronald Muganzi, a secondhand shoe dealer, and Wilson Muhumuza, a tomato seller. The injured, whose identities are yet to be confirmed, are receiving treatment at Fort Portal Regional Referral Hospital.Mpanga market entranceTraders in Mpanga Market in
Uganda has joined Bangladesh, Somalia, Cameroon, Afghanistan, Sudan and other countries in the United Arab Emirates’ 2025 visa ban. The UAE has temporarily suspended the issuance of visit and work visas for citizens of nine countries due to security, immigration, and diplomatic concerns.
Botswana has unveiled its first-ever Citizenship by Investment program, offering foreign investors the opportunity to acquire citizenship for $75,000 (approximately Shs288 million). The initiative, known as the Impact Investment Program is expected to officially begin in early 2026 as part
Burial arrangements for Augustine, a Primary Six pupil from Greenhill School who died on November 12, 2025, have been delayed after TMR International Hospital in Naalya, Kampala, declined to release his body due to an outstanding medical bill estimated at Shs 150 million.Augustine died thr
JUBA — South Sudan’s powerful Vice President, Dr. Benjamin Bol Mel, has been dismissed from all his government, military, and party positions following damning United Nations findings accusing him of orchestrating the large-scale plunder of the country’s oil wealth.A series of presid
