Tag Archives: Hit

Hit Hard? Letshego To Exit Uganda & Four Other Countries In Strategic Sale To Axian

Hit Hard? Letshego To Exit Uganda & Four Other Countries In Strategic Sale To Axian

Viewers: 90,006 By Spy Uganda Letshego Africa Holdings Limited has signed binding agreements to sell its subsidiaries in Uganda, Ghana, Tanzania, Nigeria, and Rwanda to Dubai-based Axian Digital Venture Holdings and Management Limited, marking a major strategic shift in its African operations. The transaction, announced Monday, involves the sale of 100 percent of Letshego’s issued share capital in the …

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Former DR Congo President Joseph Kabila Hit With US Sanctions

Former DR Congo President Joseph Kabila Hit With US Sanctions

Viewers: 90,002 By Spy Uganda The former president of the Democratic Republic of Congo, Joseph Kabila, has been hit with sanctions by the United States on Thursday. Washington accused him of supporting the Rwanda-backed M23 rebels and its political-military arm, the Congo River Alliance (AFC). The US Treasury Department claims that, among other things, he has provided them with …

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Insurance Industry Expands as Premiums Hit Shs2 Trillion

Insurance Industry Expands as Premiums Hit Shs2 Trillion

Uganda’s insurance sector continues to register steady growth and resilience, driven by increased market activity, expanding coverage, and rising public awareness. In an interview, Antony George Mutyabule, Business Transformation Manager at Old Mutual, highlighted the industry’s progress, ongoing challenges, and the growing role of innovation in improving customer experience. He noted that while the sector is expanding, trust, customer education, …

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Mali Under Siege: Rebels Launch Deadly Attack Against Gov’t, Multiple Cities Hit & Airport Closed

Mali Under Siege: Rebels Launch Deadly Attack Against Gov’t, Multiple Cities Hit & Airport Closed

Viewers: 90,002 By Spy Uganda In Mali, West Africa, armed groups including Islamist militants have launched one of the largest coordinated attacks seen in recent years, targeting multiple cities across the country. Heavy gunfire and explosions have been reported around government buildings and major military installations, signaling a highly organized offensive. The attacks have affected the capital, Bamako, as …

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SHELL SHAKE-UP! With 600 Stations On Sale in S. Africa — Uganda Not Spared as Two Prime City Petrol Sites Hit Market

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A quiet but significant ripple from the global oil industry is now being felt in Uganda after Vivo Energy Uganda announced plans to sell two of the most strategically located Shell-branded petrol stations in the heart of Kampala. The move comes as the multinational energy giant Shell plc continues reshaping its global downstream fuel business — a strategy that includes …

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Lusuku Lwa Cement Hit Maker Cries Out for Second Chance

Lusuku Lwa Cement Hit Maker Cries Out for Second Chance

Kampala– Ronald Alimpa aka Lusuku lwa Cement seems to be living a miserable life ever since surviving the deadly accident which had claimed his life in 2022. Ronald Alimpa (Courtesy photo) The musician who had gained fame in the past few years says that ever since the accident, his life living conditions have been worsening until today. “Many of the people …

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BIG FALL, ROT EXPOSED! Embattled CIC Life Insurance Hit With Licence Suspension, Customers Panic

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In a dramatic regulatory shake-up that has sent shockwaves through Uganda’s insurance sector, the Insurance Regulatory Authority (IRA) has suspended the licence of CIC Africa Life Assurance Limited, stopping the company from signing up any new customers effective 7th November 2025. In a strongly worded public notice, the Authority warned Ugandans NOT to seek new life insurance products from the …

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PLU SHAKE UP! ‘Drugs & Weapons’ Scandal Hit Katungi quietly replaced in new reshuffle

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In a move that has sent shockwaves through the Patriotic League of Uganda (PLU), embattled External Relations boss Michael Katungi has been quietly kicked out and replaced—ending months of whispers, leaks, and behind-the-scenes panic within the Muhoozi-led pressure group. Katungi, once a polished diplomat strutting global corridors of power, has been sinking under the weight of explosive U.S. indictments linking …

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Kenyan LGBTQ+ safe houses ‘overwhelmed’ as cuts hit refugee camps

REFUGEE cadrrying food -kakuma Baz Ratner Reuters

Nairobi’s queer safe houses are pushed to the brink as LGBTQ+ refugees flee hunger in Kakuma camp hit by aid cuts. Food rations at refugee camps were cut after funding was slashed. LGBTQ+ refugees have fled Kakuma Camp because of hunger and abuse. Nairobi safe houses have been unable to cope with the number of arrivals NAIROBI – Terry Namalo, …

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