News

Umeme Limited, a key player in the electricity distribution sector, has officially raised concerns with the government regarding the discrepancy in the buyout amount owed at the conclusion of its 20-year electricity distribution concession. The company is at odds with the Auditor General’s valuation, leading to a formal dispute being declared. In a public announcement released on April 14, Umeme ...

A devastating Russian missile attack on the Ukrainian city of Sumy has left a trail of destruction, claiming the lives of 34 individuals, including two innocent children, and injuring 117 others. The heart-wrenching incident, which occurred mid-morning on Sunday, saw two ballistic missiles hitting the city center, causing chaos and leaving bloodied bodies strewn across the streets. Kyiv’s Western allies ...

In a rare diplomatic engagement, US envoy Steve Witkoff embarked on a significant meeting with Russian President Vladimir Putin in the historic city of St. Petersburg. Against the backdrop of escalating tensions, Donald Trump’s urgent plea for Putin to catalyze a ceasefire in Ukraine added gravity to the high-stakes discussions. The Kremlin disclosed that the meeting, spanning more than four ...

In a significant development, KCCA FC has formally appointed Jackson Magera Kaddu as their interim head coach. The club made this announcement via an official statement released on Friday, April 11, 2025, signaling a fresh chapter in the team’s leadership. The statement issued by the club highlighted the immediate appointment of assistant coach Jackson Magera Kaddu as the interim head ...

A wave of uncertainty has swept through Asian markets, casting a shadow of doubt as the trade war between Washington and Beijing escalates. The reverberations of this tension are palpable among investors and stakeholders in the region, signaling a period of unease and volatility. In a mirror image of the turmoil in Asian markets, US stocks witnessed a whirlwind of ...