Diamond Trust Bank (DTB) Uganda has been recognized as a standout performer in the financial sector, earning the first runner-up award for best in client service at the 8th Bi-annual Uganda Revenue Authority (URA) Bankers appreciation conference ..The ceremony, hosted at the Mestil Hotel i
IRAN’S Supreme Leader is so severely disfigured he requires plastic surgery and a prosthetic, new reports on his condition have revealed.Ayatollah Mojtaba Khamenei was critically wounded during Donald Trump‘s February 28 strike, which eliminated his father and ex-regime ruler Ali Khame
Iran's Supreme Leader has taken aim at Donald Trump and US forces in a fiery new statement.Mojtaba Khamenei praised his forces for standing up to American and Israeli "arrogance" before threatening to bring about "new defeats". He also said his opponents have had their "weakness and humili
Uganda’s banking industry has mounted a formal and detailed opposition to the proposed Protection of Sovereignty Bill, 2026, warning that its provisions could disrupt financial intermediation, deter foreign investment, and undermine the country’s broader economic growth strategy.In a l
On Wednesday morning, President Donald Trump declared on Truth Social that the Strait of Hormuz is now “permanently” open — crediting US military superiority and a new understanding with China under which Beijing agreed not to ship weapons to Iran. He added that President Xi Jinping would g
fuel truck travelling to Gulu lost control at Karuma bridge on Wednesday, April 8, 2026, plunging into the River Nile. The Albertine North Region's marine experts have launched a search & recovery operation for the fuel tanker and victims.Solomon Mugisha, Acting Police PRO for A
A high-value residential property along the Entebbe–Kampala Bypass has drawn public attention following reports linking it to the Speaker of Parliament, Rt. Hon. Anita Anet Among. However, ownership of the property has not been independently verified.The residence, described as a five-st
The Bahrain-based subsidiary of Vitol, the world’s largest independent oil trading firm, has faced major disruptions after Iran restricted access through the Strait of Hormuz in response to joint US-Israel attacks about two months ago.KAMPALA: Senior executives of Vitol Bahrain E.C, Ugan
At the heart of Uganda’s Commercial Court sits a quiet crisis with far-reaching economic consequences: 623 unresolved banking cases locking up an estimated UGX 2 trillion in disputed value. For banks, this means capital tied down in provisioning and delayed recovery; for borrowers, businesses f
This is the first official confirmation from the government that India is buying Iranian crude, following the sanctions waiver for Iranian oil on water announced by the US last month. (File Photo)Indian refiners are buying crude from Iran as part of their efforts to secure oil supplies ami
