Russia's economic crisis is intensifying with thousands of companies reportedly facing bankruptcy. Businesses have been hit by a double whammy of sanctions and high interest rates, since the outbreak of the full-scale war in February 2022.The key interest rate rose to a staggering 21% last
One hundred forty-one graduates trained in mechanical, electrical, production, instrumentation, leadership, and health, safety and environment (HSE) have graduated from the EACOP Academy at Uganda Petroleum Institute Kigumba (UPIK).The training, a result of a partnership between the East A
It is a sombre moment for family, friends, and colleagues following the untimely passing of Eng. Charles Ruhweza, a seasoned electrical engineer who once worked with Ntinda Industrial area based Britania Allied Industries Ltd, popularly known for its Splash juice brand.According to reliabl
The East African Crude Oil Pipeline (EACOP) Ltd, the company leading the development of Uganda’s crude oil export pipeline, in partnership with Hoima City, has commenced the construction of the Nyamasoga – Katooke Road under its Socio-Economic Investment (SEI) programme.This initiative
Hajjat Hadijah Namyalo, Head of the Office of the National Chairman, in a group photo with Mr Kaka Kasim, Executive Director at Ahmed Raza Foods Industries Ltd and his staff at the factory headquarters in Matugga, Wakiso District on Wednesday, November 05, 2025Wakiso, Uganda: Ugandan local
Fame often comes with wealth, admiration, and influence, but it doesn’t erase human imperfection. Time and again, some of the world’s most celebrated figures have found themselves entangled in legal scandals, reminding the public that celebrity does not place one above the law.One of t
Ham Enterprises continue to erect structures near Nakivubo channel despite an order from KCCA to stop the worksKampala — A confidential Kampala Capital City Authority (KCCA) report seen by ChimpReports has blamed illegal construction and regulatory failures for the deadly floods that swe
Museveni assured in a message that any mistakes linked to construction over Nakivubo Channel would be “correctedPresident Yoweri Museveni last night pledged government support for traders whose goods were destroyed in last week’s floods in downtown Kampala.Museveni assured in a
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
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
