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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

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

Teso Progressive SS pays over UGX 10m for burial of student shot dead by runaway soldier

Teso Progressive SS pays over UGX 10m for burial of student shot dead by runaway soldier

Deputy Chief of Defence Forces (CDF), Gen. Sam Okiding, confirmed the army’s contribution of UGX 5m for burial expenses and UGX 2m for medical treatment of a teacher injured during the shooting.Ngora, Uganda: The management of Teso Progressive Secondary School has paid UGX 10.5 million t

Ultimate Uganda

Watoto Church Cantata moves to new venue to accommodate growing audiences

Watoto Church Cantata moves to new venue to accommodate growing audiences

Pastor Edward Mwesigye, Pastoral Team Leader at Watoto Church speaking to media during the press conference.KAMPALA, UGANDA — Watoto Church announced a major venue change for its annual Christmas Cantata, moving the 2025 production to Old Kampala Senior Secondary School to accommodate ra

Ultimate Uganda

Spice Diana’s former manager Roger Lubega, reportedly arrested amid ongoing fallout

Spice Diana’s former manager Roger Lubega, reportedly arrested amid ongoing fallout

Kampala – Music industry circles were abuzz over the weekend following reports that Roger Lubega, the longtime former manager of Ugandan singer Spice Diana, was allegedly arrested under unclear circumstances. The arrest comes months after the two reportedly ended their working relationship afte

Ultimate Uganda

BREAKING! Gov’t Lowers Social Assistance Grant for Empowerment, (SAGE) Eligibility Age

BREAKING! Gov’t Lowers Social Assistance Grant for Empowerment, (SAGE) Eligibility Age

The government has made a decision to lower the eligibility age for SAGE from the current 80 years to 65 years effective next financial year 2026/27. In addition government will increase the monthly stipend to Shs35,000 up from Shs25,000In this, government will provide an additional budget

Ultimate Uganda

Bodas gone wild: Kampala’s deadly traffic crisis

Bodas gone wild: Kampala’s deadly traffic crisis

Public transport was banned in the country in the wake of a coronavirus outbreakOn most mornings in the city, before the sun has burned the mist off Kampala’s hills or the jam has begun to choke roads, you can already hear them, hundreds of boda bodas revving awake, a restless swarm prep

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MBALE: Former Minister Withdraws from Bungokho Central MP Race

MBALE: Former Minister Withdraws from Bungokho Central MP Race

‎Former Minister Michael Welikhe Kafabusa has withdrawn from the Bungokho Central Parliamentary race as an Independent candidate following an engagement with President Yoweri Kaguta Museveni, who also serves as the NRM National Chairman, together with other senior party leaders.‎

Ultimate Uganda

Missing Naalya student found dead in Mukono in suspected murder

Missing Naalya student found dead in Mukono in suspected murder

The 15-year-old student, Merisa Aneza, disappeared on November 4 after leaving her mother’s home in Kikoni, Kampala, to return to school.Kyampisi, Uganda: A week-long search for a Senior Two student of Naalya Secondary School in Lugazi, Buikwe District, has ended tragically after her bod

Ultimate Uganda