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Big story: Uganda to Borrow $2bn (Shs7.6 tn) from Oil Trading Giant Vitol for Oil, Roads Projects

Big story: Uganda to Borrow $2bn (Shs7.6 tn) from Oil Trading Giant Vitol for Oil, Roads Projects

“UNOC will be able to generate revenues of up to USD 5.6 billion” (about Shs21.3 trillion) from the projects when implemented," the ministry said, adding that the loan would reduce pressure on the consolidated fund and enable quicker realisation of revenues from the oil and gas sectorS

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Son 'beat mum to death as husband watched and then they burnt body

Son 'beat mum to death as husband watched and then they burnt body

Gabriel Vilchez, 18, and his 64-year-old stepfather David Gardiner have been charged in relation to the death of Silvia Vilchez, whose charred remains were later discovered on the family's propertyGabriel Vilchez and David GardinerGabriel Vilchez and David Gardiner (Image: Sequatchi

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Poor legacy assets drag down PIC unlisted investment impairments

Poor legacy assets drag down PIC unlisted investment impairments

Public Investment Corporation chair says investments ‘not entirely prudent’PIC chair David Masondo. Picture: FREDDY MAVUNDA/BUSINESS DAYThe high level of impairments in the Public Investment Corporation’s (PIC) unlisted investment portfolio was overwhelmingly due to legacy inv

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Japanese 'One Piece' singer stopped mid-show after China-Japan feud

Japanese 'One Piece' singer stopped mid-show after China-Japan feud

BBC | The abrupt cancellations of several Japanese music events in Shanghai - one of them midway through a song - have sparked criticism among fans, with some calling the moves "rude" and "extreme".Maki Otsuki was halfway through the theme of hit anime One Piece on Friday

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Things women really find unattractive in men

Things women really find unattractive in men

Attraction is complicated, but there are some habits and traits that women notice immediately and often find unattractive. It is not about looks alone.How a man behaves, treats others, and takes care of himself can make a big difference. Here are some common things that can turn women off.

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Popular Nollywood Actor Odira Nwobu Dies

Popular Nollywood Actor Odira Nwobu Dies

Popular Nigerian actor and content creator, Odira Nwobu, is dead.His passing was first announced on Monday in a Facebook post by blogger and content creator, Awuzie Frankline, who shared a video showing Nwobu lying lifeless.While Frankline did not provide details about the circumsta

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Uganda’s recoverable oil reserves rise to 1.65 billion barrels.

Uganda’s recoverable oil reserves rise to 1.65 billion barrels.

Uganda’s petroleum sector has reported an increase in the country’s estimated oil and gas reserves, according to Ernest Rubondo, Executive Director of the Petroleum Authority of Uganda (PAU), a government agency that regulates the sector.According to Rubondo, the latest assessments ind

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I saw a woman I didn't know in our wedding pictures

I saw a woman I didn't know in our wedding pictures

A bride has been left stunned after discovering a stranger mingling in her wedding photos, months after her big day.Sharing her ordeal to 

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PAU’s decade of growth powers Uganda’s $15 billion oil projects

PAU’s decade of growth powers Uganda’s $15 billion oil projects

ENTEBBE – The Petroleum Authority of Uganda (PAU) is marking ten years of regulating the country’s oil and gas sector, a milestone that Executive Director Earnest Rubondo describes as a decade of steady growth, institutional strengthening and careful stewardship of Uganda’s petroleum resour

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Africa’s petrol shock map: Shs 100 in Libya, Shs 5,000 in Uganda

Africa’s petrol shock map: Shs 100 in Libya, Shs 5,000 in Uganda

Fuel prices, especially petrol, have shot upFuel prices in Uganda are highAcross Africa, the price of a single litre of petrol can determine whether families eat, whether markets open, or whether a taxi driver makes it home with a decent earning. In Libya, that litre costs less than

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