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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

Karamoja Peace and Technology University Launch Opens a Bold New Chapter for the Region

Karamoja Peace and Technology University Launch Opens a Bold New Chapter for the Region

Losilang in Kotido Municipality was filled with excitement and emotion as thousands witnessed the official launch of the Karamoja Peace and Technology University (KAPATU). For many residents, the moment felt historic—a long-awaited step toward healing, learning, and building a stronger, more pe

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

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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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

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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

BIRDS OF THE SAME FEATHER! As Tycoon Ham Battles ‘Nakivubo Channel Demons’, Brother Haruna Ssentongo Cited in Shs 2.4bn Kisenyi Property Chaos

BIRDS OF THE SAME FEATHER! As Tycoon Ham Battles ‘Nakivubo Channel Demons’, Brother Haruna Ssentongo Cited in Shs 2.4bn Kisenyi Property Chaos

Just as Kampala is still buzzing over tycoon Hamis Kiggundu’s fierce showdown with the so-called “Nakivubo Channel demons”, his brother Haruna Ssentongo has been thrown back into the spotlight — this time over a controversial Shs 2.4 billion property deal that has refused to die since 201

Ultimate Uganda

India has the potential to reach $500 billion electronics output by 2030

India has the potential to reach $500 billion electronics output by 2030

New Delhi, Nov 20 India’s electronics sector could scale up to $500 billion in production and exports by ...India has the potential to reach $500 billion electronics output by 2030 | India has the potential to reach $500 billion electronics output by 2030India has the potential to

Ultimate Uganda

Granit Xhaka on the move already?! Sunderland star linked with shock January move to Serie A giants with midfielder open to transfer

Granit Xhaka on the move already?! Sunderland star linked with shock January move to Serie A giants with midfielder open to transfer

Granit Xhaka has been linked with a stunning January move to Juventus just six months after joining Sunderland, with Italian reports claiming the midfielder is “back in fashion” for the Serie A giants. His entourage is said to be open to offers, but it has been reported in England that Sunder

Ultimate Uganda

Nyege Nyege kicks off amid heightened security, expanded tourism offerings

Nyege Nyege kicks off amid heightened security, expanded tourism offerings

The four-day music and culture spectacle will run through to Sunday, 23rd November, promising thousands of attendees an elevated experience.The 10th edition of the Nyege Nyege Festival kicks off today, Thursday at Adrift Uganda, on Kalagala Falls.The four-day music and culture spect

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