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Rwanda Approves Airline-Style Bus Reform in Kigali

Rwanda Approves Airline-Style Bus Reform in Kigali

Kigali is preparing to roll out one of East Africa’s most ambitious public transport reforms, a service-led model that places efficiency, reliability and strict timekeeping at the centre of urban mobility.The reform, approved by the Rwandan Cabinet on November 28, will require public bus

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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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Court issues criminal summons for ex-Trade PS Ssali in Shs3.8bn fraud case

Court issues criminal summons for ex-Trade PS Ssali in Shs3.8bn fraud case

The Anti-Corruption Court has issued a criminal summons for former Trade Ministry Permanent Secretary Geraldine Ssali after she failed to appear for the mention of a Shs3.8 billion fraud case in which she is jointly charged with three Members of Parliament and other officials.During Monday

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Putin in panic as Russia faces economic meltdown with banks facing £100bn 'time bomb'

Putin in panic as Russia faces economic meltdown with banks facing £100bn 'time bomb'

Russia's economy is facing a "time bomb", as sanctions escalate and interest rates remain high. Businesses around the country are struggling to pay back loans and are fighting to stave off bankruptcy.Firms have watched on helplessly as interest rates were hiked to 21% towards the end of 20

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Wall Street finally is giving altcoins a seat at the table – But can they keep it?

Wall Street finally is giving altcoins a seat at the table – But can they keep it?

Solid inflows clash with a weak altseason index, so all’s not what it seems.Wall Street finally is giving altcoins a seat at the table - But can they keep it?Key TakeawaysAre altcoin ETFs enough to trigger an altseason?Early inflows are strong for some assets, but th

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TORORO: 15 Teso Youths Rescued From Fake Job Recruiters, Perpetrators Arrested

TORORO: 15 Teso Youths Rescued From Fake Job Recruiters, Perpetrators Arrested

Police Spokesperson, South Bukedi, Johnson Moses Mugwe confirmed the arrestsTORORO15 youths from several Teso districts have been rescued in Tororo Municipality after having been duped to pay for jobs that do not exist.The victims were rescued on Wednesday, 19th November, 202

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TotalEnergies Sued in Uganda Over Failure to Pay Contractor Who Cleaned Up ‘Heavily Contaminated’ Fuel Depot in Kampala

TotalEnergies Sued in Uganda Over Failure to Pay Contractor Who Cleaned Up ‘Heavily Contaminated’ Fuel Depot in Kampala

Because Kampala’s aquifer system lies directly beneath the industrial area, the suit suggests the contaminants may have seeped further, potentially threatening the water table that serves millions of Kampala’s residentsFrench firm, TotalEnergies Marketing Uganda Ltd., is being sued in

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NATO state accuses China of ‘massively’ financing Russia

NATO state accuses China of ‘massively’ financing Russia

Finland has said that the two countries’ cooperation is a growing challenge for the US-led military blocFinland has accused China of supporting Russia in the Ukraine conflict and described the two countries’ deepening cooperation as a growing challenge for NATO. Beijing has repeatedly

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Russian cryptocurrency fraudster and wife kidnapped and killed in UAE

Russian cryptocurrency fraudster and wife kidnapped and killed in UAE

A Russian crypto Roman Novak went missing with his wife but the pair were later killed - he had been known for defrauded partners out of thousandsRoman Novak and his wife Anna were killed in the UAE A Russian cryptocurrency fraudster and his wife have been kidnapped and killed abroa

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Standard Chartered Uganda Confirms Agreement to Sell Wealth & Retail Business to Absa

Standard Chartered Uganda Confirms Agreement to Sell Wealth & Retail Business to Absa

Standard Chartered Bank Uganda has formally communicated to clients that it has entered into an agreement with Absa Bank Uganda for the sale of its Wealth & Retail Banking (WRB) business. The deal — which covers personal banking, wealth advisory and related retail products — remains subje

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