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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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PALLISA: Man Commits Suicide by Poisoning Over Nagging Wife

PALLISA: Man Commits Suicide by Poisoning Over Nagging Wife

Residents of Dudi Cell, Murukokume Ward, Agule Town Council in Pallisa District have accused a woman of nagging her husband into taking his own life by poisoning.It is reported that Odeke Moses had an evening within Agule Town Center on Wednesday, 5th November and at midnight we

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Russian Foreign Minister Sergey Lavrov’s absence sets off alarm bells in Moscow

Russian Foreign Minister Sergey Lavrov’s absence sets off alarm bells in Moscow

Sergey Lavrov has been the face of Russian diplomacy for over two decades and previously served as Russia’s ambassador to the UN.The news out of Moscow is a bit of non-news: Russia’s top diplomat is still in his job.On Friday, Kremlin spokesman Dmitry Peskov moved to

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Another accident leaves scores injured as Nile Star Bus overturns in Kiryandongo

Another accident leaves scores injured as Nile Star Bus overturns in Kiryandongo

Nile Star Bus (UBG 0196C) overturned in Alengo Village, Mutunda Sub-county, Kiryandongo District on Wednesday evening. Several passengers are said to have sustained injuries and were rushed to nearby clinics for treatment.Kiryandongo, Uganda: Several passengers were rushed to ne

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Museveni promises To ‘correct Ham Kiggundu mistake’.

Museveni promises To ‘correct Ham Kiggundu mistake’.

Museveni assured in a message that any mistakes linked to construction over Nakivubo Channel would be “correctedPresident Yoweri Museveni last night pledged government support for traders whose goods were destroyed in last week’s floods in downtown Kamp

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DENIS TUKAHIKAHO PhD: Uganda’s $31M carbon deal is just the beginning—now let’s plant more trees.

DENIS TUKAHIKAHO PhD: Uganda’s $31M carbon deal is just the beginning—now let’s plant more trees.

Denis Tukahikaho Ph.D. is an expert on Cooperatives, Financial Inclusion and Renewable Energy InvestmentKAMPALA – The Green Climate Fund (GFF) has approved a USD 31 million (UGX 107.7 bn) as a result-based payment for Uganda in recognition of measurable success in reducing deforestation

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U.S. readies attacks on Venezuelan bases, ports, and airstrips, reports say.

U.S. readies attacks on Venezuelan bases, ports, and airstrips, reports say.

New reporting in the Wall Street Journal and the Miami Herald says the Trump administration “has identified targets in Venezuela that include military facilities used to smuggle drugs,” and that Washington “has made the decision to attack military installations inside Venezuela” — strik

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Intelligence-Led Police Raids in Kampala Net Over 50 Suspects, Community Urged to Stay Vigilant.

Intelligence-Led Police Raids in Kampala Net Over 50 Suspects, Community Urged to Stay Vigilant.

The Kampala Metropolitan Police have intensified intelligence-led operations across the city to tackle criminal activities and restore public safety. These operations target areas notorious for narcotic abuse, robberies, and other unlawful activities, as part of ongoing efforts to dismantle crimi

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Cross-Border Investment Strategies

Cross-Border Investment Strategies

Investors are increasingly looking abroad to diversify their portfolios, tap into emerging markets and hedge against local economic shifts. Cross-border investing offers access to industries, currencies and growth stories that aren’t always available at home. However, it also requires a clear u

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YES IT’S TRUE: State House Finally Reveals Why M7 Banned Daily Monitor And NTV From His Events.

YES IT’S TRUE: State House Finally Reveals Why M7 Banned Daily Monitor And NTV From His Events.

On Tuesday, parliament of Uganda resumed sessions with top on the order paper approving loans totaling to Shs8 trillions which government is borrowing from different financial institutions including banks in Uganda and abroad.Journalists working for National Media group, the mot

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