For the next nine months, activities in Uganda’s oil fields will be ramped up as the country targets to get its first barrel of oil to the market through a 1,443km pipeline to the Tanzanian coast of Tanga by July 2026, more than 20 years after the first commercial discovery was made in western
R&B singer Chris Brown will be allowed to return to the United States as he awaits trial for an alleged bottle attack at a London nightclub in 2023.Judge Tony Baumgartner granted the change to the American musician’s bail conditions at Southwark Crown Court on Tuesday.Heidi St
Parliament is today set to authorize a staggering Shs8.2 trillion in new borrowing, a move that signals the nation’s spiralling public debt already at Shs116.2 trillion (51.3% of GDP) and its economic implications.According to the house order of today’s business (Order Paper), out of t
Russian stocks continued to plunge on Monday, fuelling fears of a major financial crisis following Donald Trump's swingeing new sanctions. The Kremlin has been rocked by the White House's decision last week to target its two largest oil companies in the latest sanctions package.Rosneft and
Business executives must remember that customers are human beings navigating the same economic stormsCOMMENT | SIMON DDEMBE | The year 2025 has tested the resilience of many Ugandans. Business activity has remained sluggish, household incomes continue to shrink, and countless families are
Nairobi: Kenyan authorities have seized a record narcotics consignment valued at KES 8 billion ($52 million) and arrested six Iranian nationals aboard a stateless vessel intercepted in the Indian Ocean, the Interior Ministry said Sunday.The 1,024-kilogram methamphetamine shipment, with a c
Why speed of the upswing has been much faster than analysts predicted and why the rally is likely to continue?COMMENT | LUKE HARTIGAN | The price of gold surged above US$4,100 (Approx. Shs14 million) an ounce (Approx.28g) on Oct.15 for the first time, taking this year’s extraordinary ral
Madagascar’s former president Andry Rajoelina has been stripped of his nationality after fleeing the country earlier this month amid widespread youth-led protests.The news came as his former advisor, businessman Maminiaina Ravatomanga was arrested in Mauritius, on suspicion laundering mo
MTN Mobile Money (U) Ltd (MTN MoMo) and partners have launched a nationwide cybersecurity awareness campaign under the theme “Securing the Future: The Rise of AI” to educate customers on safe digital practices amid rising cyber threats.Speaking at a p
Counsel Joshua Tumukunde, the National Unity Platform (NUP) flag bearer for Igara East Constituency, has withdrawn from the 2026 parliamentary race, citing financial limitations.In a letter dated October 16, 2025, addressed to NUP President Robert Kyagula
