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
A drone is believed to have struck Vladimir Putin's lead frigate Admiral Grigorovich in the Black Sea port in a fresh blow to the Russian leader.The vessel, which has been used to pummel Ukraine with deadly Kalibr cruise missiles, was hit in Novorossiysk port, according to Kyiv's drone for
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
Executed at dawn: Iranian protesters who fought back against evil regime are hanged in prisonIran has hanged a teenage boy and a young man whose plight had been highlighted by the Daily Mail.Mohammadamin Biglari, 19, and Shahin Vahedparast Kalour, 30, were executed at Ghezel Hesar P
Activists show support to raising PAYE threshold but call for even a higher level of UGX 600,000.Kampala, Uganda | URN | The business community, economists and civil society have hailed Government on the proposed tax measures for 2026/2027, but say some are detrimental.According to
Obongi County Member of Parliament-elect, Hassan Kaps Fungaroo of the Forum for Democratic Change (FDC), has urged citizens to remain hopeful about the performance of the incoming Parliament as the country prepares to usher in its 12th August House next month.Speaking during NBS Morning Br
The Chief of Defence Forces and Senior Presidential Advisor for Special Operations Gen Muhoozi Kainerugaba has mourned the sudden and tragic passing of Peter Banura Araali Kyaligonza, who died in a road accident yesterday. The news has come as a shock to many across the country, leaving family, f
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
Zizo turned down all offers for the sake of a single positionThe countdown has begun for the return of Zinedine Zidane, the former Real Madrid manager, to the world of coaching via the French national team – a role Zizou has long dreamed of and for which he has turned down numerous offer
Traffic police officers at the sceneA road accident on Easter Sunday claimed the lives of a 56-year-old man and his granddaughter, leaving three other children critically injured in Kalungu District.The deceased have been identified as Hassan Kiweewa, a resident of Bisanje in Bukul
