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Why The EU Dropped Frozen Russian Assets Plan And Opted For $105 Billion Loan To Fund Ukraine

Why The EU Dropped Frozen Russian Assets Plan And Opted For $105 Billion Loan To Fund Ukraine

Belgium’s objections, Russian legal threats and unresolved liability questions forced the EU to drop the reparations-loan proposal and approve fresh borrowing for Ukraine.Denmark's Prime Minister Mette Frederiksen, European Council President Antonio Costa and European Commission Presiden

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Brazil court rejects new Bolsonaro appeal against coup conviction

Brazil court rejects new Bolsonaro appeal against coup conviction

A Brazilian Supreme Court judge on Friday rejected a fresh appeal by jailed former president Jair Bolsonaro against his coup conviction, declaring it inadmissible, according to a court document Brazil's Bolsonaro begins 27-year jail term for coup bidBolsonaro, 70, began serving a 27

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Most attacking keeper in league' - why Raya is key for Arsenal

Most attacking keeper in league' - why Raya is key for Arsenal

Mikel Arteta, Manager of Arsenal, and David Raya of Arsenal embrace at full-time after victory in the penalty shoot out following the UEFA Champions League 2023/24 round of 16 second leg match between Arsenal FC and FC Porto at Emirates Stadium on March 12, 2024Image source, Getty Images

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Uganda–UAE ties deepen as investment and exports surge, Metro Cement pre-launches new products

Uganda–UAE ties deepen as investment and exports surge, Metro Cement pre-launches new products

Officials launch the new Metro Cement products at Serena Hotel on December 18, marking the expansion of the company’s production capacity and product rangeUganda’s economic partnership with the United Arab Emirates (UAE) is entering a new phase, with rapidly growing foreign direct inve

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Government intervenes in low sugarcane prices in Busoga, sugar millers agree on a minimum price of UGX 125,000 per tonne.

Government intervenes in low sugarcane prices in Busoga, sugar millers agree on a minimum price of UGX 125,000 per tonne.

Kampala– Government through the Ministry of Trade, Industry and Cooperatives together with the sugar millers in Busoga region have set UGX 125,000 as the minimum price of a ton of sugarcane in the region. This follows an outcry from some sugarcane out-growers in Busoga who have taking home as l

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Uganda Strengthens Mobile Money Lending Rules to Combat Loan Defaults

Uganda Strengthens Mobile Money Lending Rules to Combat Loan Defaults

Uganda's mobile money sector is taking major steps to prevent loan defaults and restore trust in digital lending. For years, some borrowers who defaulted on digital loans exploited loopholes by switching networks or SIM cards, making it difficult for lenders to recover funds. Under the previous s

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Activists speak out on Museveni “bullet” threats.

Activists speak out on Museveni “bullet” threats.

President Museveni’s caution to his rivals against provoking the army has drawn criticism from human rights activists, some calling it unconstitutional.While addressing journalists at his Kisozi farm on Wednesday evening, the National Resistance Movement (NRM) presidential candidate, Yow

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MC Kats announces retirement from TV after 23 years

MC Kats announces retirement from TV after 23 years

Popular media personality Edwin Katamba, better known as MC Kats has called it quits after 23 years as an emcee.Popular media personality Edwin Katamba, better known as MC Kats has called it quits after 23 years as an emcee. The NBS TV star made the announcement on a live televised

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Archbishop Wokorach Calls for Fear-Free Elections Guided by Spirit of Christmas

Archbishop Wokorach Calls for Fear-Free Elections Guided by Spirit of Christmas

Uganda is scheduled to hold presidential and parliamentary elections on January 15, 2026, with the contest widely seen as tight. Incumbent President Yoweri Museveni, who will mark 40 years in power next year, faces strong competition from Kyagulanyi, a two-time presidential contender and musician

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Morocco beat Jordan to clinch Arab Cup 2025.

Morocco beat Jordan to clinch Arab Cup 2025.

Morocco defeated Jordan 3-2 after extra time to claim the Arab Cup on Thursday thanks to two goals from Abderrazzaq Hamed Allah following a stunning long-range strike from Oussama Tannane.Morocco opened the scoring after four minutes when Tannane's audacious shot from the centre circle cau

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