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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

Ultimate Uganda

‘I am a monster’: Man hid in estranged wife’s apartment, stabbed her to death and buried her in the desert

‘I am a monster’: Man hid in estranged wife’s apartment, stabbed her to death and buried her in the desert

A California man will spend the rest of his life in prison after a jury convicted him of murdering his estranged wife while he hid in her apartment and waited for her to come out of her bedroom before he pounced and stabbed her to death.Zarbab Ali, 28, was found guilty Friday of first-degr

Ultimate Uganda

Brazilian Pilots in SA for the G20 Summit Learn the Hard Way After Failing to Pay Prostitutes

Brazilian Pilots in SA for the G20 Summit Learn the Hard Way After Failing to Pay Prostitutes

Brazilian Pilots in Sandton Bust-Up After Alleged Dispute With Two Women Over Unpaid ServicesTwo Brazilian pilots who had apparently arrived in South Africa for the G20 Leadership Summit found themselves caught up in a bizarre altercation in the early hours of yesterday morning, after two

Ultimate Uganda

Soon-to-retire Court of Appeal judge voices frustration with Uganda’s judiciary

Soon-to-retire Court of Appeal judge voices frustration with Uganda’s judiciary

Justice Egonda-Ntende said he is often disturbed by reports from magistrates’ courts, especially in cases involving bail applications. Justice Martin Stephen Egonda-Ntende, a Justice of the Court of Appeal and one of Uganda’s most respected jurists, has expressed frustration with what

Ultimate Uganda

Treasury bills auction attracts Shs567b as investor demand surges.

Treasury bills auction attracts Shs567b as investor demand surges.

Uganda’s domestic debt market continues to heat up, with the latest Treasury Bills auction attracting overwhelming investor interest and confirming growing confidence in government securities as a safe and lucrative investment option.In Auction No. 1218 held on November 19, 2025, the Ban

Ultimate Uganda

Assailants raid Masindi police post, steal NIRA equipment

Assailants raid Masindi police post, steal NIRA equipment

Unknown assailants raided Karujubu police post in Masindi Municipality and made off with equipment belonging to the National Identification and Registration Authority (NIRA).The thieves reportedly broke into the post at around 3 a.m., stealing three laptops and a bag containing NIRA docume

Ultimate Uganda

Man Utd hit with Matheus Cunha 'training accident' blow as statement issued on injury

Man Utd hit with Matheus Cunha 'training accident' blow as statement issued on injury

Matheus Cunha has suffered an accident while training with Manchester United, just two days before the Red Devils face Everton at Old Trafford.Matheus Cunha looks onMatheus Cunha has reportedly suffered a training ground accident Matheus Cunha has sustained an injury during t

Ultimate Uganda

Works Ministry Launches Probe into Illegal Number Plates

Works Ministry Launches Probe into Illegal Number Plates

The Ministry of Works and Transport has initiated investigations into allegations of illegal fees and delays in the issuance of digital number plates, following a surge in public complaints over the new registration system.Permanent Secretary Bageya Waiswa, in a statement issued Friday, ap

Ultimate Uganda

Man United set to officially open exciting new stadium development

Man United set to officially open exciting new stadium development

Manchester United desperately struggled for home form last season.Poor home formThe club unbelievably won only seven home league games and lost nine.This year they have started significantly better, winning four of their first five matches at Old Trafford.Efforts to im

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Ziza Bafana Mocks Lwasa Amid Financial Collapse, Says “This Is Just the Beginning”

Ziza Bafana Mocks Lwasa Amid Financial Collapse, Says “This Is Just the Beginning”

Dancehall star Ziza Bafana has taken a sharp jab at Masaka businessman Emmanuel ‘Acram’ Lwasa, saying the financial turmoil he is currently facing is only the start of his suffering. According to Bafana, nothing Lwasa is going through should come as a surprise.“The trouble he is faci

Ultimate Uganda