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
Rushebeya Market that is under contentionVendors at Rushebeya Market in Rukiga District are gripped by uncertainty following the move by outgoing Woman Member of Parliament Caroline Kamusiime Muhwezi and her husband, Andrew Muhwezi, to fence off the disputed market land.Traders oper
Rwanda Utilities Regulatory Authority has raised retail fuel prices, citing global market trends and cost pressures, in a move expected to ripple through transport and consumer prices in the East African economy.In a statement issued late Friday, the regulator said petrol prices will rise
Manchester United loanee Marcus Rashford is reportedly willing to make important sacrifices to extend his time at Barcelona.The 28-year-old was cast aside by former MUFC head coach Ruben Amorim, which prompted a loan move to Aston Villa in January 2025, followed by a ‘dream’ transfer t
Police in Soroti City have arrested four key suspects in connection with the aggravated robbery and fatal shooting of Kokunda Patricia, a mobile money operator.According to the Uganda Police Force (UPF), the incident occurred on April 3, 2026, at حوالي 4:40am at Teso Coach Park along
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
RUKIGA, Uganda — President Yoweri Museveni called on coffee farmers to support the government’s push to stop the export of unprocessed raw materials, saying the move would accelerate Uganda’s industrialization agenda and create more jobs and income.“We must continue to add value to
MANCHESTER CITY 4-0 LIVERPOOL: Erling Haaland plunders a hat-trick and Mohamed Salah misses a penalty as Pep Guardiola's side ease into the semi finals of the FA CupErling Haaland of Manchester City celebratesErling Haaland bagged a hat-trick for Manchester City(Image: Carl Recine/G
There is a silent pattern that plays out every single day, especially in our part of the world. The moment someone is perceived to have money—whether they are actually rich or just slightly better off—their phone changes purpose. It stops being a communication tool and becomes a request cente
