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
Uganda and Kenya agree on SGR standards to link their conflicting rail systems, advancing the massive regional infrastructure project.KAMPALA, Uganda — The Ministry of Works and Transport is requesting 8.3 trillion shillings for the 2026/27 fiscal year, a 40% increase intended to moderni
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
Activists show support to raising PAYE threshold but call for even a higher level of UGX 600,000.Kampala, Uganda | URN | The business community, economists and civil society have hailed Government on the proposed tax measures for 2026/2027, but say some are detrimental.According to
The Uganda National Bureau of Standards (UNBS) is set to begin nationwide inspection and calibration of sugarcane weighbridges following the government’s decision to regulate rather than ban the devices.The exercise comes after weeks of protests by farmers and consultations between the g
KAMPALA, Uganda – A senior government liaison official has called for urgent reforms in Uganda’s regulatory and procurement systems, warning that persistent weaknesses in enforcement and oversight are threatening public health, food security, and the nation’s economic stability.In a
Former Masaka Resident City Commissioner (RCC) Hussein Hudu has condemned the government following a deadly attack at a Kampala daycare centre that claimed the lives of four young children.Hudu criticized the state for allegedly failing to support early childhood institutions, saying, “T
Pakistan agrees to repay $3.5 billion to UAE after Abu Dhabi demands immediate return of debtNew Delhi/Islamabad, April 4 Facing mounting pressure, Pakistan has agreed to fully repay approximately “USD 3.5 billion” in deposits and loans to the United Arab Emirates (UAE) by the end of A
The President of the Republic of Kenya has caused the arrest of three managers of primary duty bearers in charge of administering the Petrol Supply Chain for manipulating data on in-country stocks to create false impression of an impending fuel shortfall.According to a press release dated
