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Why Russia is Uganda and Africa’s key ally in trade, security

Why Russia is Uganda and Africa’s key ally in trade, security

Over the past six decades, Uganda and Russia have nurtured a burgeoning trade relationship characterized by mutual benefits. In recent years, the trade volume between the two nations has shown a significant upward trajectory.In the global arena, strateg

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Vision named among top 'kiosks' bleeding the taxpayer

Vision named among top 'kiosks' bleeding the taxpayer

President Museveni authorised a late Shs14 trillion tax increment that Minister Kasaija added to the Budget Estimates, leaving Ibrahim Ssemujju Nganda in a tiffFrom the standard gauge railway to Lubowa hospital and Kiira Motors to the Preside

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Equity Group registers strong recovery

Equity Group registers strong recovery

Equity Group Chief Finance Officer Moses Nyabanda, Managing Director and CEO, Dr. James Mwangi and Chief Internal Auditor Beth Kithinji during the Q1 2024 Investor Briefing eve

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Bangladesh raises gold prices again

Bangladesh raises gold prices again

Jewellers have hiked gold prices by Tk 1,831 to Tk 117,281 a bhori (11.664 grammes).One gram of 22-carat gold will be priced at Tk 10,055 effective from today, the Bangladesh Jewellers Samity (Bajus) said in a statement. The c

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Kigen Moi: Little Known Gideon Moi’s Son At The Helm Of Multi-billion Power Plant Sosian Energy

Kigen Moi: Little Known Gideon Moi’s Son At The Helm Of Multi-billion Power Plant Sosian Energy

Last month, Energy Minister Davis Chirchir announced that three companies, including Sosian Energy, will generate 105 megawatts of electricity from steam produced by the Menengai geothermal field.Sosian Energy, a local independent power company (IPP), expects to produce 22 megawatts of electricit

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China-Russia relations: Xi Jinping and Vladimir Putin will have ‘several’ meetings, including visit to China this year, says ambassador

China-Russia relations: Xi Jinping and Vladimir Putin will have ‘several’ meetings, including visit to China this year, says ambassador

Chinese President Xi Jinping and Russian President Vladimir Putin pictured togeher in 2019. Photo: ReutersRussian President Vladimir Putin is expected to visit China this year, according to China’s ambassador to Moscow, as the two cou

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Should America strike back at Iran?

Should America strike back at Iran?

There’s no denying Iran’s proxy forces are great value for money. The regime’s support for its allied militias, including the Lebanese Hizbollah, Hamas and the Houthis, probably doesn’t exceed a few billion dollars per annum — perhaps even less, given that many have their own sources of

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Coffee Scandal: How Nelson Tugume Tricked Museveni; Diverted Shs 21bn to Own Factory in Ntungamo

Coffee Scandal: How Nelson Tugume Tricked Museveni; Diverted Shs 21bn to Own Factory in Ntungamo

The funds taken by Tugume for his private coffee enterprise is almost higher than the 2023/2024 financial year budget (Shs 22bn) which the government allocated to cater for the allowances of medical interns and senior house officers across UgandaMuseveni in a group photo with

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Uganda Blood Transfusion Services endorse I&M Bank as blood donation drive partners

Uganda Blood Transfusion Services endorse I&M Bank as blood donation drive partners

Health centers around the country continue to struggle due to lack of adequate blood transfusion services, this calls for volunteer donors to come in and fill the void. It’s a noble cause I&M Bank have accustomed themselves to, thanks to a reputable partnership with the Uganda Blood Transfusion

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