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Indian buying Iranian crude without any payment hurdle, tanker diversion to China not due to ‘payment issues’: Govt

Indian buying Iranian crude without any payment hurdle, tanker diversion to China not due to ‘payment issues’: Govt

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

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M7’s Son-In-Law Claims Stake in Thriving Spiro Boda Boda Business

M7’s Son-In-Law Claims Stake in Thriving Spiro Boda Boda Business

When rows of young Ugandans report for work on the assembly line of electric boda boda motorcycles, Presdeitn Yoweri Museveni’s son-in-law Odrek Rwabwogo says he sees more than machines and tools. He sees a future where Uganda builds more of what it uses.Odrek Rwabwogo, the husband of Pa

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PANIC! Insiders warn billions threshold could lock out hundreds of agents

PANIC! Insiders warn billions threshold could lock out hundreds of agents

KAMPALA: A storm is brewing inside the Uganda Revenue Authority (URA) after a controversial proposal to overhaul licensing requirements for clearing and forwarding agents sparked fears of a massive industry shake-up that could push smaller players out of business.According to an internal c

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Middle East War: Uganda Fuel Prices Stay Below Europe

Middle East War: Uganda Fuel Prices Stay Below Europe

Kampala — Uganda’s fuel prices remain significantly lower than those in Europe despite rising geopolitical tensions affecting global oil markets, with officials attributing the stability to diversified supply arrangements through the Uganda National Oil Company (UNOC) and its international su

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Uganda has minerals the US needs – so why is there no trade deal?

Uganda has minerals the US needs – so why is there no trade deal?

Unlike its approach to Rwanda, Kenya, DR Congo, and Tanzania, the United States has not been intentional in pursuing commercial engagement with Uganda.Different from its neighbours, Uganda is not a direct party to any binding trade agreements with the U.S. and relies on regional arrangemen

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What the Kenya Pipeline deal means for Uganda

What the Kenya Pipeline deal means for Uganda

Energy and Mineral Development Minister, Ruth Nankabirwa sign deal with Kenya to participate in the upcoming Initial Public Offering (IPO) of the Kenya Pipeline Company (KPC)Kampala, Uganda | THE INDEPENDENT | New details have emerged about Uganda’s participation in the Kenya Pipeline Co

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Uganda’s Export Earnings Hit Record Shs54 Trillion -Ggoobi

Uganda’s Export Earnings Hit Record Shs54 Trillion -Ggoobi

Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi has said Uganda’s export earnings have climbed to a record $14.4 billion (Shs 54 Trillion) by the end of September, driven largely by strong growth in gold, coffee and manufactured goods, reflecting the impact of long-term govern

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Museveni commissions East Africa’s largest ethanol plant

Museveni commissions East Africa’s largest ethanol plant

President Yoweri Museveni has inaugurated PRO Industries, the largest ethanol plant in East Africa, highlighting the $100-million investment as a significant advancement for Uganda’s agro-industrialization, clean energy production, and job creation.Located in Luwero District in central U

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WHO’S EATING UGANDA’S GOLD MONEY? Foreign Firms Cash in as Ugandans remain poor

WHO’S EATING UGANDA’S GOLD MONEY? Foreign Firms Cash in as Ugandans remain poor

Uganda is sitting on a gold rush worth billions — but for most citizens, the shine stops at the headlines.Gold exports have exploded over the past decade, rebounding strongly after a brief slump in 2022/23 caused by a tax dispute that temporarily halted exports. By 2025, Uganda’s gold

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Ugandan opposition faces 'brutal repression' before election: Amnesty

Ugandan opposition faces 'brutal repression' before election: Amnesty

Amnesty International said Monday that Ugandan security forces have used torture and arbitrary arrests to intimidate the opposition ahead of elections on January 15.President Yoweri Museveni, 81, is seeking to extend his 40-year rule, but is accused of increasing repression to maintain pow

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