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Russian economic meltdown as 7,000 companies face bankruptcy.

Russian economic meltdown as 7,000 companies face bankruptcy.

Russia's economic crisis is intensifying with thousands of companies reportedly facing bankruptcy. Businesses have been hit by a double whammy of sanctions and high interest rates, since the outbreak of the full-scale war in February 2022.The key interest rate rose to a staggeri

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Sacked VP Bol Mel Accused of Plundering South Sudan’s Oil Wealth – UN

Sacked VP Bol Mel Accused of Plundering South Sudan’s Oil Wealth – UN

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 serie

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World Bank lifts funding ban as Deputy Speaker Tayebwa celebrates shs9.6t boost for Uganda.

World Bank lifts funding ban as Deputy Speaker Tayebwa celebrates shs9.6t boost for Uganda.

Nearly two years after the World Bank Group suspended new funding to Uganda over the enactment of the Anti-Homosexuality Act, the international lender has lifted the ban.Deputy Speaker of Parliament Thomas Tayebwa was among the first to welcome the development, congratulating th

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Director Trevor Reveals What His Wife Inquired About Betty Bayo Just A Day Before Her Passing.

Director Trevor Reveals What His Wife Inquired About Betty Bayo Just A Day Before Her Passing.

The sudden death of celebrated gospel musician Beatrice Wairimu Mbugua, popularly known as Betty Bayo, has sent shockwaves through the entertainment industry, hitting especially hard for those who had recently planned to work with her.Director Trevor was among those who expresse

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Oil Climbs for a second day on risk-on tone in wider markets

Oil Climbs for a second day on risk-on tone in wider markets

Prices are being lifted as the US Senate takes a major step toward reopening the government.Oil pumping jacks at an oilfield near Sokolovka village, in the Udmurt Republic, Russia. Image: BloombergOil rose as wider markets were lifted by a push to end the US government sh

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Russia Says It’s Considering Venezuela’s Requests for Assistance Amid US Military Buildup in the Caribbean

Russia Says It’s Considering Venezuela’s Requests for Assistance Amid US Military Buildup in the Caribbean

A Russian lawmaker has said Moscow recently delivered air defenses to VenezuelaRussian Foreign Ministry spokeswoman Maria Zakharova said on Friday that Moscow was prepared to “respond appropriately” to Venezuela’s request for military assistance amid a US military buildup

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Davido’s X hint fuels rumors of his performance at the Hoima Cioty Stadium grand opening

Davido’s X hint fuels rumors of his performance at the Hoima Cioty Stadium grand opening

Nigerian singer Davido, real name David Adedeji Adeleke, is rumoured to be set for a return to Uganda for a mega performance.Davido is one of the names on people’s lips as part of the star-studded cast set to perform at the opening of the Hoima City Stadium.A

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Obama daughter sparks concerns

Obama daughter sparks concerns

Malia Ann Obama’s friends are urging her to roll back her partying and focus on her ambitions if she wants a successful career in the entertainment industry, we can report.Time to buckle down“Malia’s been working in Hollywood since she

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Kampala Set to Host Nasty C’s Ivyson Tour at Motiv Bugolobi This Friday

Kampala Set to Host Nasty C’s Ivyson Tour at Motiv Bugolobi This Friday

Kampala Set to Host Nasty C’s Ivyson Tour at Motiv Bugolobi This FridayKampala is set to host the highly anticipated Ivyson Tour featuring South African rap sensation Nasty C this Friday at Motiv Bugolobi.This exciting event marks a significant highlight of the 2nd edit

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Museveni’s “Do You Sleep on the Road?” comment sparks fury over Kotido’s impassable roads

Museveni’s “Do You Sleep on the Road?” comment sparks fury over Kotido’s impassable roads

Residents push a truck stuck in the mud along the Soroti–Abim–Kotido road. Local leaders have urged the government to prioritize tarmacking Karamoja’s key transport corridors to save lives and boost trade.Kotido, Uganda: President Museveni’s offhand remark during a campa

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