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
Félix Tshisekedi gifts players of the DR Congo national football team brand-new cars after their historic qualification for the 2026 FIFA World Cup, their first appearance in 52 years.DR Congo President, Félix Tshisekedi has rewarded players of the DR Congo national team with brand-new c
Manchester United loanee Marcus Rashford is reportedly willing to make important sacrifices to extend his time at Barcelona.The 28-year-old was cast aside by former MUFC head coach Ruben Amorim, which prompted a loan move to Aston Villa in January 2025, followed by a ‘dream’ transfer t
If landing an internship at the Bank of Uganda has been on your radar, mark your calendar for Monday, April 27, 2026 — that is the date applications officially open for one of the most competitive and prestigious student internship programmes in the country.The Bank of Uganda announced o
Jowy Landa has opened up about her struggles with local management, revealing the personal reasons behind her decision to move away from Ugandan-based managers.Speaking in a recent interview on Radio 4 UG, she explained that her experiences with different managers have often ended badly.
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
There is a silent pattern that plays out every single day, especially in our part of the world. The moment someone is perceived to have money—whether they are actually rich or just slightly better off—their phone changes purpose. It stops being a communication tool and becomes a request cente
As digital banking adoption accelerates across East Africa, concerns over cybercrime continue to grow, with fraudsters increasingly targeting unsuspecting users through sophisticated digital attacks.According to the Uganda Police Annual Crime Report 2024, cybercrime-related losses in Ugand
The Court of Appeal in Kampala has acquitted William Jjuko, who had been sentenced to 27 years and 11 days in prison for aggravated defilement of a four-year-old girl in Nakawa Division, Kampala.The Court of Appeal in Kampala has acquitted William Jjuko, who had been sentenced to 27 years
