Search Results

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 staggering 21% last

Ultimate Uganda

UAE slaps ban on visas as Ugandan immigrants are stranded.

UAE slaps ban on visas as Ugandan immigrants are stranded.

Uganda has joined Bangladesh, Somalia, Cameroon, Afghanistan, Sudan and other countries in the United Arab Emirates’ 2025 visa ban. The UAE has temporarily suspended the issuance of visit and work visas for citizens of nine countries due to security, immigration, and diplomatic concerns.

Ultimate Uganda

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 series of presid

Ultimate Uganda

Vladimir Putin’s Swollen Hand And Bulging Veins Sparks Health Rumours After Leaked Chat With Xi Jinping

Vladimir Putin’s Swollen Hand And Bulging Veins Sparks Health Rumours After Leaked Chat With Xi Jinping

Recent video showing Vladimir Putin's swollen hand and bulging veins during a meeting with Xi Jinping has fueled new health rumors about the Russian president.Russian President Vladimir Putin's recent public appearance created a buzz on social media. The viral videos and pictures showcasin

Ultimate Uganda

Uganda’s rising debt, shrinking lives

Uganda’s rising debt, shrinking lives

How government’s borrowing spree is leaving citizens bearing the country.At dawn, the roar of engines rises above the quiet streets of Entebbe as David Tumusiime, 47, prepares for his daily commute to Kampala. Like thousands of other motorists, he joins the line snaking toward the Enteb

Ultimate Uganda

No electricity until 80% of residents start paying.

No electricity until 80% of residents start paying.

City Power says it won’t turn the lights back on for some Alexandra residents on 9th and 10th avenues until 80% of customers start paying for electricity.After an outage caused by burnt jumpers and breakers at City Power’s mini substation left some residents on 9th and 10th avenues alo

Ultimate Uganda

Uganda’s Oil Reserves Rise to 6.65 Bn Barrels, says Nankabirwa.

Uganda’s Oil Reserves Rise to 6.65 Bn Barrels, says Nankabirwa.

The oil sector’s development — including two central processing facilities at Kingfisher and Tilenga — is expected to unlock billions in ancillary investment and generate thousands of jobsKampala: Uganda’s proven oil reserves have risen to 6.65 billion barrels, up from 6.4 billion,

Ultimate Uganda

Uganda-Qatar Business Forum Kicks Off in Doha.

Uganda-Qatar Business Forum Kicks Off in Doha.

Vincent Waiswa Bagiire, Permanent Secretary, Ministry of Foreign Affairs of the Republic of UgandaDoha — The Embassy of the Republic of Uganda in the State of Qatar successfully hosted the Second Edition of the Uganda–Qatar Business Forum at Rotana City Centre, Doha, under the theme: â

Ultimate Uganda

I Will Fight Whoever Attacks Chameleone - King Saha

I Will Fight Whoever Attacks Chameleone - King Saha

King Saha has now issued a stern warning to Alien Skin to stop attacking Chameleone, stating that he will fight anyone who attacks his mentor.Musician King Saha is among the many artists mentored by Jose Chameleone. He started his music career with

Ultimate Uganda

Court of Appeal Clears Vantage Fund to Enforce $10m Loan Against Bitature’s Simba Companies

Court of Appeal Clears Vantage Fund to Enforce $10m Loan Against Bitature’s Simba Companies

“The mere act of lending money without a physical address in Uganda does not create an obligation for the appellant as a foreign lender to register. The appellant has a right to implement the terms of the agreement in Uganda, including instituting proceedings

Ultimate Uganda