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
Months after the January 2026 parliamentary elections, National Resistance Movement (NRM) flagbearer for Northern Division in Mbale City, Hudu Hussein, has rejected the official outcome, citing alleged electoral irregularities, but announced he will not challenge the results in court.In a
Knowledgeable sources have insisted that Gen Ronnie Balya, currently an Ambassador, is going to be hard to ignore as Gen Museveni’s 9th term cabinet construction takes shape. In other words, he is destined to eat big come July.With the swearing-in ceremony being slated for next month, th
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
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
Led by his son Justice Allan Nshimye, members of the fallen retired Supreme Court Justice Augustine Ssebutulo Nshimye used the Easter Sunday vigil to thank President Museveni for financially standing with them.Allan narrated to the mourners, who on Eastern Sunday gathered at the deceasedâ€
Obongi County Member of Parliament-elect, Hassan Kaps Fungaroo of the Forum for Democratic Change (FDC), has urged citizens to remain hopeful about the performance of the incoming Parliament as the country prepares to usher in its 12th August House next month.Speaking during NBS Morning Br
Zizo turned down all offers for the sake of a single positionThe countdown has begun for the return of Zinedine Zidane, the former Real Madrid manager, to the world of coaching via the French national team – a role Zizou has long dreamed of and for which he has turned down numerous offer
If landing an internship at the Bank of Uganda has been on your radar, mark your calendar for Monday, April 27, 2026 — that is the date applications officially open for one of the most competitive and prestigious student internship programmes in the country.The Bank of Uganda announced o
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
