On Wednesday morning, President Donald Trump declared on Truth Social that the Strait of Hormuz is now “permanently” open — crediting US military superiority and a new understanding with China under which Beijing agreed not to ship weapons to Iran. He added that President Xi Jinping would g
Parliament is pushing for an additional Shs5 billion in the next financial year to expand medical insurance for older lawmakers, a move that has sparked debate both inside and outside the House.The proposal targets Members of Parliament aged above 75, a group that is currently not fully co
All isn’t well at the Matuga-based DEI Pharma, a multi-billion pharmaceutical manufacturing enterprise based at Matugga along Kampala-Bombo Road.The company, which is meant to manufacture pharmaceutical products for both the local market and for export purposes, has about 100 employees.
Ugandan students have a rare and time-sensitive opportunity to study at Indian universities on a fully funded government scholarship — but the window is closing fast. Applications for the Indian Government Scholarship for the 2026/2027 Academic Year close on Wednesday, April 15, 2026.A t
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
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
The Kampala Capital City Authority (KCCA) has intensified efforts to restore order in the city’s transport sector, with councilors scrutinising a proposed law aimed at strengthening regulation and improving mobility in the capital.During a working retreat held at Imperial Golf View Hotel
Security minister Maj Gen (Rtd) Jim Muhwezi’s wife Susan Muhwezi Kabonero has landed a new juicy job. Susan Muhwezi has been appointed a Board Member of the Private Sector Foundation (PSFU) representing the tourism and hospitality sector.Uganda’s apex body for the private sector, the P
State Minister for Finance in charge of General Duties, Henry Musasizi, during the presentation for the 2026/27 Ministerial Policy Statement before Parliament’s Committee on Finance.Uganda is set to make history in the 2026/27 financial year with expected oil revenues surpassing Shs2.2 t
In October 2014, Arben Pajaziti, a Kampala businessman, agreed with Be Forward Ltd, a vehicle importation firm, to buy a car worth Shs 31 million.The vehicle was to be shipped to Kampala under cost, insurance, and freight (CIF) terms.Under the arrangement, Pajaziti paid the full pur
