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Uganda Launches Okusevinga: First Government-Owned Unit Trust Scheme

Uganda Launches Okusevinga: First Government-Owned Unit Trust Scheme

Uganda Launches Okusevinga: First Government-Owned Unit Trust SchemeThe Bank of Uganda (BoU), in collaboration with the Ministry of Finance, Planning and Economic Development (MoFPED), has launched the pilot phase of Project Okusevinga, Africa’s first government-owned unit trust scheme.

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Museveni Rallies Ugandans to Vote Wisely

Museveni Rallies Ugandans to Vote Wisely

Museveni Rallies Ugandans to Vote WiselyKyotera — President Yoweri Kaguta Museveni, the National Resistance Movement (NRM) presidential flag bearer for the 2026 general elections, has called on Ugandans to vote wisely, urging them to support leaders and policies that deliver tangible res

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North Korean hackers steal $2 billion in crypto in 2025, remain top global threat

North Korean hackers steal $2 billion in crypto in 2025, remain top global threat

New Delhi, Dec 21 North Korea has emerged as the biggest threat to cryptocurrency security in 2025, even ...North Korean hackers steal $2 billion in crypto in 2025, remain top global threat | North Korean hackers steal $2 billion in crypto in 2025, remain top global threatNew Delhi,

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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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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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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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Kalifah AgaNaga Accuses Alien Skin Of Theft

Kalifah AgaNaga Accuses Alien Skin Of Theft

Kalifah AgaNaga has dropped a bombshell, accusing controversial singer Alien Skin of taking money from the Forum for Democratic Change (FDC) and disappearing without performing.Musician and former parliamentary aspirant Kalifah AgaNaga has dropped a bombshell, accusing controversial singer

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How Ministry of Water and Agriculture blew Shs 1.4b on a Ghost Serere dam

How Ministry of Water and Agriculture blew Shs 1.4b on a Ghost Serere dam

Residents of Aminit Village, Ojama Parish in Kyere Sub-county have raised a protest voice to President Museveni over the unfulfilled construction of a dam in Ojama Parish.According to the locals, during the 2021 campaign, President Museveni, while at Sapir Primary School, assured the local

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Uganda: Just 41 MPs Approve Shs9tn Loan Blitz

Uganda: Just 41 MPs Approve Shs9tn Loan Blitz

In a Tuesday session that has sparked outrage among fiscal watchdogs, a mere fraction of the 11th Parliament authorized the government to proceed with massive loan requests totalling nearly Shs9 trillion.By suspending key safeguards, the House bypassed the standard oversight procedures des

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Wife of Guinea-Bissau’s ousted president arrested after co-passenger found with $5.9m in cash

Wife of Guinea-Bissau’s ousted president arrested after co-passenger found with $5.9m in cash

Portuguese authorities charged the wife of Guinea-Bissau's ousted president as part of an investigation into suspected smuggling and money laundering, judicial police said on Tuesday.Dinisia Reis Embalo was arrested by Portuguese authorities on December 16, 2025.Dinisia Reis Embalo,

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