Search Results

Uganda set for showdown talks with Vitol as global oil disruptions bite

Uganda set for showdown talks with Vitol as global oil disruptions bite

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

Ultimate Uganda

OPINION: 623 Cases, UGX 2 Trillion at Stake: Why Uganda Must Rethink How Banking Disputes Are Resolved:

OPINION: 623 Cases, UGX 2 Trillion at Stake: Why Uganda Must Rethink How Banking Disputes Are Resolved:

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

Ultimate Uganda

The good and bad 2026/27 govt tax plans

The good and bad 2026/27 govt tax plans

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

Ultimate Uganda

DJ Etania Mutoni shuts down Lugogo with sold-out ‘Becoming Life of the Party’ concert

DJ Etania Mutoni shuts down Lugogo with sold-out ‘Becoming Life of the Party’ concert

KAMPALA — Kampala’s party scene hit a new high Saturday night as Etania Mutoni—better known as Life of the Party—pulled off a fully sold-out debut concert at Lugogo Hockey Grounds, cementing her arrival as a serious force in Uganda’s entertainment industry.This wasn’t just anot

Ultimate Uganda

Indian buying Iranian crude without any payment hurdle, tanker diversion to China not due to ‘payment issues’: Govt

Indian buying Iranian crude without any payment hurdle, tanker diversion to China not due to ‘payment issues’: Govt

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

Ultimate Uganda

Museveni Urges Coffee Farmers To Support Zero Export Of Unprocessed Raw Materials

Museveni Urges Coffee Farmers To Support Zero Export Of Unprocessed Raw Materials

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

Ultimate Uganda

Mesach Semakula finally opens up on photo with Usher Raymond

Mesach Semakula finally opens up on photo with Usher Raymond

Mesach Semakula says his meeting with Usher in the US was planned and reflects his long-standing position in the music industry.Legendary singer Mesach Semakula has explained how he met and took a photo with Usher Raymond IV, saying the encounter was planned.Speaking on Cruz Xclusiv

Ultimate Uganda

Double Jeorpady: Karamoja Lacks Tractors, yet Ploughing Oxen were Stolen by Warriors

Double Jeorpady: Karamoja Lacks Tractors, yet Ploughing Oxen were Stolen by Warriors

Farmers in the Karamoja sub-region are facing significant challenges in tilling their lands due to limited access to tractor services, to they rely on manual labor.Farmers in the Karamoja sub-region are facing significant challenges in tilling their lands due to limited access to tractor s

Ultimate Uganda

Farmers Urged to Pay Shs8,000 FMD Vaccine Fee to Unlock Export Markets

Farmers Urged to Pay Shs8,000 FMD Vaccine Fee to Unlock Export Markets

Rose AdemunFarmers across Uganda have been urged to contribute Shs8,000 per animal towards Foot and Mouth Disease (FMD) vaccination, as government intensifies efforts to access lucrative international markets for livestock products.Dr. Rose Ademun, Commissioner for Animal Production

Ultimate Uganda

Uganda gets $540 million funding for cities, municipalities

Uganda gets $540 million funding for cities, municipalities

World Bank officials led by Qimiao Fan World Bank Division Director for Kenya, Rwanda, Somalia, and Uganda met President Museveni and Ministry of Finance officials at Nakasero State Lodge TuesdayKampala, Uganda | URN | Uganda has secured over 2.1 trillion Shillings (USD 540 million ) fundi

Ultimate Uganda