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
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Russia's Federal Security Service (FSB) has accused the exiled opposition leader Mikhail Khodorkovsky and 22 members of the Russian Anti-War Committee of plotting a coup. The Russian Anti-War Committee, founded in 2022, describes itself as a platform supporting "anti-war Russians" and promoting "
The High court in Kampala has ordered the government to pay Shs 10 million in compensation to a man who was unlawfully detained by police for 10 days without being produced in court.Byansi was arrested on January 28, 2024, along Bulenga road and detained at the Special Investigations Unit
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
Musician Eddy Kenzo has threatened to resign from the Presidency of the Uganda National Musicians Federation (UNMF).He said he will consider resigning and leaving the position because of the Ministry of Finance’s plan to prevent
An artistic impression of an oil refinery. Uganda hopes to complete construction of a 60,000 barrels/day refinery by 2030. COURTESY IMAGE/PETROLEUM AUTHORITY OF UGANDA.Delayed construction heightens importance of missing piece in
A US billionaire’s £36 million former family home in west London must sold with the profits handed to his wife in their bitter divorce saga, a
Bobi Wine at a rally on nomination day NUP faces its biggest test yet as other parties fizzle outCOVER STORY | IAN KATUSIIME | Shortly after 11am on a day filled with a
Dancehall musician Ziza Bafana has officially crossed to the ruling National Resistance Movement (NRM), ending his long-standing ties with the opposition.For the last two years, Bafana openly supported Bobi Wine and the National Unity Platform (NUP), ofte
