Reports had circulated claiming that Tycoon Lwasa was facing financial difficulties, relying on the support of friends and older children.
However, Lwasa has refuted these allegations, asserting that he has not gone bankrupt but has instead adopted a new approach to managing his finances.
Lwasa explained that he no longer spends extravagantly on indulgences like alcohol and women, which has led some to mistakenly perceive him as financially struggling.
In an interview with a local television station, he expressed that he now handles money differently due to the lack of appreciation he had previously encountered.
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