Lukoil said Thursday it had accepted an offer from global commodity trader Gunvor to buy its foreign assets, which Russia’s second-largest oil company is seeking to sell after Washington imposed sanctions on it last week.The planned asset sale is the most consequential action so far by a
Denis Tukahikaho Ph.D. is an expert on Cooperatives, Financial Inclusion and Renewable Energy InvestmentKAMPALA – The Green Climate Fund (GFF) has approved a USD 31 million (UGX 107.7 bn) as a result-based payment for Uganda in recognition of measurable success in reducing deforestation
The 5th Regional Transitional Justice working group in Northern Uganda met on Wednesday in Gulu City.The Minister for Justice and Constitutional Affairs, Hon. Norbert Mao, has urged the government to transfer the National Transitional Justice Bill (NTJB) from the Ministry of Internal Affai
Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts.Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts, although bullion was still on track for its third straight monthly gain.Spot
Dear Parents, Students, Stakeholders and the entire public, Kampala International University has noted with concern the ongoing media engagements relating to the state of affairs in the university. The major issues of contention include students’ tuition payment policy, academic issues and welf
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
Arsenal will face Crystal Palace in a London derby in the quarter-finals of the Carabao Cup, while Chelsea travel to Cardiff.Manchester City have been drawn against Brentford, while holders Newcastle are at home to Fulham.Last-eight ties will be played before Christmas in the week b
Arsenal welcome Brighton to the EmiratesThe Premier League leaders host the EFL Cup history-makers in Wednesday’s fourth-round showdown, which pits Arsenal against Brighton & Hove Albion at the Emirates.The Gunners avoided a giant killing at the hands of Port Vale first up, wh
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
Overview:The first leg matches will be played on the weekend of October 17-19 and the return legs on October 24-26, 2025.Following conclusion to the first preliminary round, the round of 32 TotalEnergies Caf Champions League fixtures are now conf
