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Voters blast MP Aza for ‘abandoning’ Moyo while building multi-billion projects in Arua

Voters blast MP Aza for ‘abandoning’ Moyo while building multi-billion projects in Arua

AZA Plaza, a multi-billion four-storey commercial complex owned by West Moyo MP, Hon Alero Tom Aza in Arua CityAdjumani, Uganda: A section of voters in West Moyo County have accused their MP, Hon. Tom Aza, of self-greed and betrayal, allegin

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BREAKING! Entebbe Aero Beach Tycoon, Kodet Lorika Dies at 84

BREAKING! Entebbe Aero Beach Tycoon, Kodet Lorika Dies at 84

Departed tycoon Cornelius Kodet with his children a few years agoThe proprietor of Entebbe Aero Beach, Cornelius Kodet Lorika has died after being bedridden for close to three years. The tycoon who passed on at about 8:00PM, Sunday night, 7th December, 2025 had undergone treatment in sever

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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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GOLD SHOCK! FBI Agent, US Army Ranger, Embassy Staff Lose Sh1.6bn in Kampala Gold Scam

GOLD SHOCK! FBI Agent, US Army Ranger, Embassy Staff Lose Sh1.6bn in Kampala Gold Scam

Uganda’s notorious gold fraud syndicates have struck again—this time roping in high-profile foreign operatives, including a former FBI Special Agent, a former U.S. Army Ranger, and a U.S. Embassy employee in Sierra Leone, in what is shaping up to be one of the most dramatic cross-border scams

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Parliamentary Sacco Assets Rise 14% to Shs 86.3bn

Parliamentary Sacco Assets Rise 14% to Shs 86.3bn

Uganda Parliamentary SACCO has registered growth in its assets base in the last financial Year 2024-2025.The SACCO current assets stands at 86.3 billion from 75.8 billion in the FY 2023/2024 representing a 14% growth.The CEO of the sacco Mureebe Methods Muhakuna revealed this during

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Central Bank of Russia eases restrictions, opens mutual funds to crypto investments

Central Bank of Russia eases restrictions, opens mutual funds to crypto investments

Russia’s relationship with crypto has swung between crackdowns and cautious acceptance, and its latest moves show that this balancing act is far from over.After first pushing in 2022 to block all crypto issuance, trading, and mining over concerns about financial stability and

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FULL LIST: Ministry of Transport Releases Latest List of Licensed Driving Schools in Eastern Uganda

FULL LIST: Ministry of Transport Releases Latest List of Licensed Driving Schools in Eastern Uganda

HARUS DRIVING SCHOOL is among the 20 Licensed in Eastern regionMBALEThe Ministry of Works and Transport has released the latest list of Driving Schools licensed to enroll driving students.The List released on Tuesday, November 25, 2025 by Uganda Driver L

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Islam Makhachev Returns Home to Russia to Celebrate UFC 322 Victory With Family

Islam Makhachev Returns Home to Russia to Celebrate UFC 322 Victory With Family

After grueling fight camps spanning three continents, two-division champion Islam Makhachev has finally returned home. Earlier this month at UFC 322, in front of 20,664 fans, the Dagestani star made history by extending his win streak to the promotional record of sixteen. With his triu

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BoU Pushes New Credit Rules to Unlock Loans for Every Ugandan

BoU Pushes New Credit Rules to Unlock Loans for Every Ugandan

David Kalyango, the Executive Director of Supervision at the Bank of Uganda, explained the vision: ensuring that every Ugandan, no matter their type of work, can access credit to grow businesses, boost investments, and drive development.The Bank of Uganda has been locked in a he

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India has the potential to reach $500 billion electronics output by 2030

India has the potential to reach $500 billion electronics output by 2030

New Delhi, Nov 20 India’s electronics sector could scale up to $500 billion in production and exports by ...India has the potential to reach $500 billion electronics output by 2030 | India has the potential to reach $500 billion electronics output by 2030India has the potential to

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