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Government Sets Stage for Transparent Mineral Trade at Ntungamo New Market Centre

Government Sets Stage for Transparent Mineral Trade at Ntungamo New Market Centre

Ntungamo—On Friday 19th, the Ministry of Energy and Mineral Development under the Government of Uganda hosted a high-profile Mineral Markets Sensitization Workshop at the newly established Ntungamo Mineral Market Facility, marking a critical step in formalizing the country’s mineral value cha

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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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Uganda signs $2bn deal to boost oil infrastructure

Uganda signs $2bn deal to boost oil infrastructure

Uganda National Oil Co. signs a $2 billion loan with Vitol Bahrain to fund major infrastructure, including a new fuel pipeline and storage terminals.KAMPALA — Uganda’s state-owned oil company has signed a $2bn (£1.5bn) deal to fund major infrastructure projects designed to turn the co

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Arsenal and Man United enter into transfer duel for €25 million midfielder.

Arsenal and Man United enter into transfer duel for €25 million midfielder.

Manchester United and Arsenal are interested in signing the Olympiacos midfielder Christos Mouzakitis.According to a report from Italian publication Area Napoli, the two clubs are in the mix to sign the 18-year-old midfielder, and they will face competition from several clubs, including Na

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Museveni Warns Security Againsy Election Violence; ‘Torture, Beatings are Unnecessary’

Museveni Warns Security Againsy Election Violence; ‘Torture, Beatings are Unnecessary’

President Museveni on Wednesday warned security personnel against using excessive force during elections, saying beatings and torture were unnecessary and avoidable, remarks that come amid long-standing accusations by the opposition that security agencies routinely abuse political supporters.

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Uganda: Just 41 MPs Approve Shs9tn Loan Blitz

Uganda: Just 41 MPs Approve Shs9tn Loan Blitz

In a Tuesday session that has sparked outrage among fiscal watchdogs, a mere fraction of the 11th Parliament authorized the government to proceed with massive loan requests totalling nearly Shs9 trillion.By suspending key safeguards, the House bypassed the standard oversight procedures des

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South African rand flat ahead of leading economic indicator, local inflation data

South African rand flat ahead of leading economic indicator, local inflation data

JOHANNESBURG, Dec 17 (Reuters) – The South African rand was flat in early trade on Tuesday, ahead of the release of local central bank data and inflation data that will shed light on the country’s economic outlook.At 0512 GMT, the rand traded at 16.75 against the dollar, little changed

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Runner Sarah Nambogo, Daughter released without charge after reported abduction

Runner Sarah Nambogo, Daughter released without charge after reported abduction

KAMPALA – Ugandan runner and fitness enthusiast Sarah Nambogo and her daughter have been released without charge and are in good health, days after her reported abduction from Kampala Club sparked public concern, her running club said on Tuesday.In a statement, the Fast & Furious run

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Phone Thieves Murder Three in Jinja City, Residents Demand Action

Phone Thieves Murder Three in Jinja City, Residents Demand Action

Residents from Jinja North, in Jinja City, have demanded immediate police action, following persistent attacks by hooded killers whose only aim seems to be stealing phones, but has resulted into the death of three residents in a space of one week.Police investigation tapeResidents f

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Barron Trump’s Astonishing Wealth: How the President’s Son Racked Up a $150M Net Worth

Barron Trump’s Astonishing Wealth: How the President’s Son Racked Up a $150M Net Worth

It makes sense why President Donald Trump would have a 

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