Details have emerged of the property row between city tycoon Peter Kamya and Equity Bank with the latter accusing the former of failure to service a Shs29.83b loan. On Friday August 7, 2020, there were reports that Equity Bank through its agents advertised the sale of Simbamanyo House. However, when
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Money is the number one source of stress in 1 out of 3 people according to the Financial Psychology Institute. Research further shows that financial issues and mental health are often inter-linked. According to the World Health Organization, mental health is defined as a state of wellbeing in which every
Read MorePresident Yoweri Kaguta Museveni also the National Chairman of the NRM party has launched the NRM Manifesto 2021 Elections Committee and urged them to draft a pro-people Manifesto. The launch of the Manifesto Committee took place at State House Entebbe and was attended among others by the Rt. Hon. Prime
Read MoreWorld’s Most Profitable Company Sees Profits Slump By 73% As Pandemic Chokes Oil Sales
Saudi Arabia’s state-controlled oil giant reported a 73% drop in second-quarter profit and maintained plans to pay $75 billion in annual dividends, a vital source of cash for a government saddled with a swelling deficit. Saudi Aramco, which Apple Inc. recently dethroned as the world’s most valuable listed company, said
Read MoreGen Moses Ali said that Parliament should not reject the requests on the premise of non-utilisation of past loans Parliament has deferred the passing of two loan requests worth Shs991.5bn by government citing inadequacies in supporting information and absence of sector ministers. The legislators deferred the passing of a request
Read MoreUmeme workers in the field disconnecting power thieves Two Umeme workers were electrocuted to death while repairing UMEME line at WANTONI, Mukono District, today, Police have confirmed. The deceased are Moses Kasita, a stores assistant at UMEME Uganda, and Jacob Mutalaga, 28, also a UMEME official.The incident happened at around
Read MoreChristopher Krafft, Charge d’Affaires, U.S. Embassy Kampala The United States Embassy in Uganda has issued a warning to all its citizens, telling them not to be hoodwinked into thinking that there is no COVID-19 in Uganda. The Embassy says the Ministry of Health isn’t carrying out enough tests within communities.
Read MoreEconomists and leading international Tobacco Harm Reduction experts, drawn from Africa and Europe, have stated that snus and tobacco-free nicotine pouches are “at least 90% safer than smoking.” “This figure is “most likely closer to 99 per cent when you account for the food grade standard to which some
Read MorePresident Yoweri Museveni has mentioned state minister for lands, Persis Namuganza among the group of young solid group in government. Museveni made the remarks in a letter to Ugandans saying the government is a mixture of both the young and old who form a formidable working alliance. "I am in
Read MoreUganda's Electoral Commission has issued a number of Standard Operating Procedures (SOPs) as it prepares for a long road ahead in organising the 2021 general elections. In a press statement issued by the EC Boss Justice Simon Byabakama, "The aspiring candidate, appearing in person, shall be allowed into the nomination
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