Red Pepper
BoU Slash Rate To Help Small Businesses
Bank Of Uganda further cut its benchmark lending rate to its lowest level ever on Tuesday in a move experts say is intended to encourage lending to small businesses.
The Central Bank noted that commercial bank lending rates for small businesses remained very costly despite recent...
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Red Pepper
American Gunman At Nalufenya, Faces Terror Charges
The Police could prefer terrorism charges against American citizen found with an assortment of military hardware at his home over the weekend.
Police spokesperson, Emilian Kayima, says Mr Paul Rodgers Mathias, who was apprehended over domestic violence charges was being detained...
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Red Pepper
7 Things You Didn’t Know About Cristiano
He Was Once Expelled From School: Now one of the most successful men on the planet, but when he was 14, Ronaldo was expelled from school in Portugal after launching a chair at a teacher. The teacher was apparently making fun of his Madeiran accent, and the wealth of his family. ...
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Red Pepper
Sex Doll Brothel Shut Down, Gives Out Free Rubber Lovers
SEX TOOLS: Sex Dolls are hired out and then sold to those who want at the equivalent of Ugx9million
A sex doll brothel in the UK has been forced out of its building after complaints from neighbors.
Lovedoll UK says with nowhere to store the used silicone prostitutes, it is now gi...
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Red Pepper
Sanctions on South Sudan War Lords To Affect Kampala
Ugandan banks are in a spot of bother as the international community moves to tighten sanctions against the warring factions in South Sudan.
Any move against the warring parties in South Sudan seen as the stumbling blocks to peace moves, are likely to affect commercial banks in U...
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Red Pepper
Tsvangirai Very Ill In South Africa
Supporters of Morgan Tsvangirai, Zimbabwe’s opposition leader, are “bracing for the worst”, Reuters news agency has been told.
Mr Tsvangirai, 65, has been in South Africa receiving treatment for colon cancer since January.
However, a source close to the politician has told Reuter...
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Red Pepper
Under Pressure, Zuma Summons Cabinet
South African President Jacob Zuma summoned cabinet ministers to a meeting in Cape Town on Tuesday, eNCA television reported, as pressure builds on the embattled 75-year-old leader to quit.
Zuma normally holds cabinet meetings on Wednesdays. It was not immediately clear why Zuma...
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