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Why The EU Dropped Frozen Russian Assets Plan And Opted For $105 Billion Loan To Fund Ukraine

Why The EU Dropped Frozen Russian Assets Plan And Opted For $105 Billion Loan To Fund Ukraine

Belgium’s objections, Russian legal threats and unresolved liability questions forced the EU to drop the reparations-loan proposal and approve fresh borrowing for Ukraine.Denmark's Prime Minister Mette Frederiksen, European Council President Antonio Costa and European Commission Presiden

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Anthony Joshua defeats Jake Paul in sixth round of Miami fight.

Anthony Joshua defeats Jake Paul in sixth round of Miami fight.

Joshua was made to work far harder than he would have liked to extinguish the challenge of a brave but limited opponent. Picture: GettyBritish heavyweight Anthony Joshua only needed six rounds to stop boxing novice Jake Paul, who failed to deliver on his promises in one of the most strikin

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Kiryandongo targets 100% safe water coverage with Shs480m projects

Kiryandongo targets 100% safe water coverage with Shs480m projects

Anselm Kyaligonza joined by the community during the launch of the deep borehole at Kiruli-Kibura in Kigumba sub countyKiryandongo, Uganda: Kiryandongo District authorities have launched the drilling of deep boreholes and construction of production wells worth Shs477.5 million as part of a

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Uganda–UAE ties deepen as investment and exports surge, Metro Cement pre-launches new products

Uganda–UAE ties deepen as investment and exports surge, Metro Cement pre-launches new products

Officials launch the new Metro Cement products at Serena Hotel on December 18, marking the expansion of the company’s production capacity and product rangeUganda’s economic partnership with the United Arab Emirates (UAE) is entering a new phase, with rapidly growing foreign direct inve

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President Museveni Hails Minister Kasolo and Kisekulo’s Game-Changing Alliance to Reclaim Kyotera for NRM in 2026

President Museveni Hails Minister Kasolo and Kisekulo’s Game-Changing Alliance to Reclaim Kyotera for NRM in 2026

In an unprecedented turn of events that has left Kyotera buzzing, President Yoweri Museveni has lavished praise on two of the National Resistance Movement’s (NRM) most powerful figures—Haruna Kasolo and Patrick Kintu Kisekulo—who, despite their bitter rivalry, have united in a groundbreakin

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Uganda signs $2bn deal to boost oil infrastructure

Uganda signs $2bn deal to boost oil infrastructure

Uganda National Oil Co. signs a $2 billion loan with Vitol Bahrain to fund major infrastructure, including a new fuel pipeline and storage terminals.KAMPALA — Uganda’s state-owned oil company has signed a $2bn (£1.5bn) deal to fund major infrastructure projects designed to turn the co

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Uganda Strengthens Mobile Money Lending Rules to Combat Loan Defaults

Uganda Strengthens Mobile Money Lending Rules to Combat Loan Defaults

Uganda's mobile money sector is taking major steps to prevent loan defaults and restore trust in digital lending. For years, some borrowers who defaulted on digital loans exploited loopholes by switching networks or SIM cards, making it difficult for lenders to recover funds. Under the previous s

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Nigerian actress to sue pastor Chris for refusing to marry her after wedding another woman

Nigerian actress to sue pastor Chris for refusing to marry her after wedding another woman

Nollywood actress Doris Ogala has issued a pre-action notice against Grace Nation Ministry founder Chris Okafor, accusing him of breaching a promise of marriage after marrying another woman.The notice follows the circulation of videos showing Okafor’s engagement and subsequent wedding ce

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Arsenal and Man United enter into transfer duel for €25 million midfielder.

Arsenal and Man United enter into transfer duel for €25 million midfielder.

Manchester United and Arsenal are interested in signing the Olympiacos midfielder Christos Mouzakitis.According to a report from Italian publication Area Napoli, the two clubs are in the mix to sign the 18-year-old midfielder, and they will face competition from several clubs, including Na

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Be vigilant during festive season - Aids commission

Be vigilant during festive season - Aids commission

As Ugandans prepare to celebrate Christmas and usher in the New Year, the Uganda Aids Commission (UAC) has issued a warning against reckless behaviours, saying it could reverse gains made in the fight against HIV/Aids.The UAC Director General, Dr Nelson Musoba, cautioned that while the fes

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