Kyadondo East Lawmker, Robert Sentamu Kyagulanyi aka Bobi Wine and his family are living in fear after grenades exploded at his residence. The singer turned politician made the revelation in a post on Tuesdaty morning saying it was the second time in two days that his residence in Magere, Wakiso
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Bank of Uganda (BoU) Governor Prof. Emmanuel Tumusiime-Mutebile will today release the Monetary Policy Statement for the month of October. According to analysts, BoU is likely to keep the Central Bank Rate (CBR), a benchmark lending rate for commercial banks, unchanged at 10% considering the realities on the ground. “The
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A top Kenyan based milling company has ceased operations in Uganda where it made losses three years in a row, a development that will leave many Ugandans jobless Unga Group Uganda operation lost KSh118.9 million in the year ended June, contributing to the parent company’s slip into a net loss
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The Rwandan government has auctioned a prestigious shopping mall in Kigali belonging to Tobacco tycoon Tribert Rujigiro Ayabatwa. According to a report by Xinhua News Agency, the popular Union Trade Center (UTC) which is located in Kigali’s Central Business District, was auctioned off last week to a local real estate
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Nakumatt Supermarket has closed its Junction branch in Nairobi, even as the retailer banks on cash injection from a new strategic investor to address its frequent stock outs at its outlets, reports the Daily Nation. In a public notice released Sunday, the cash-strapped retailer said it had relinquished its rights
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James Kakooza, the Kabula County Member of Parliament in Lyantonde district has survived lynching for supporting the scrapping of the presidential age limit. Kakooza is one of the mourners who turned up at Nakawanga village in Kisekka Sub County in Lwengo district for the burial of 76-year- old Vincent Nsamba,
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Social Media is awash with speculation about the likely cause of death of Kampala Capital City Authority (KCCA) official, David Ntege with many claiming he could have succumbed to a broken heart. According to a statement issued by KCCA, Ntege died at Nsambya Hospital in the capital, Kampala although the
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Google announced on Sunday that subscription news websites would no longer have to provide users three free articles per day or face less prominence in search results, relaxing its rules following complaints from media giants like News Corp that their sales were suffering. For the last decade, Google's "first click free" policy
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At least 20 people have been killed and more than 100 injured in a mass shooting at an open-air country music festival in Las Vegas. The city's famous strip was on lockdown after prolonged automatic gunfire, which reportedly came from a top floor of the Mandalay Bay Hotel and Casino. Thousands of people
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The U.N. refugee agency warns that funds for humanitarian assistance for hundreds of thousands of Burundian refugees have dried up, leaving only enough cash for the most essential needs. More than 420,000 Burundians, who have sought refuge in the neighboring Democratic Republic of Congo, Rwanda, Uganda and Tanzania, are in
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