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Russian stock market meltdown as shares crash in wake of Trump sanctions - 'dead end'

Russian stock market meltdown as shares crash in wake of Trump sanctions - 'dead end'

Russian stocks continued to plunge on Monday, fuelling fears of a major financial crisis following Donald Trump's swingeing new sanctions. The Kremlin has been rocked by the White House's decision last week to target its two largest oil companies in the latest sanctions package.Rosneft and

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The price of gold is skyrocketing

The price of gold is skyrocketing

Why speed of the upswing has been much faster than analysts predicted and why the rally is likely to continue?COMMENT | LUKE HARTIGAN | The price of gold surged above US$4,100 (Approx. Shs14 million) an ounce (Approx.28g) on Oct.15 for the first time, taking this year’s extraordinary ral

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Why Uganda’s oil refinery remains behind schedule

Why Uganda’s oil refinery remains behind schedule

An artistic impression of an oil refinery. Uganda hopes to complete construction of a 60,000 barrels/day refinery by 2030. COURTESY IMAGE/PETROLEUM AUTHORITY OF UGANDA.Delayed construction heightens importance of missing piece in

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Bobi Wine lonely in opposition

Bobi Wine lonely in opposition

Bobi Wine at a rally on nomination day NUP faces its biggest test yet as other parties fizzle outCOVER STORY | IAN KATUSIIME | Shortly after 11am on a day filled with a

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Eddy Kenzo Reveals DNA Test Disproved His Stepfather

Eddy Kenzo Reveals DNA Test Disproved His Stepfather

Kenzo at the launch of Museveni's campaign songs in Munyonyo this past weekendSinger Eddy Kenzo has opened up about his troubled childhood and paternity, revealing that a DNA test proved the man he grew up calling father was not his biological parent.

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Gen. Chefe Ali: The Silent Storm Behind Uganda’s Liberation and Kenzo’s Legacy

Gen. Chefe Ali: The Silent Storm Behind Uganda’s Liberation and Kenzo’s Legacy

The Unsung Hero of Uganda’s Liberation: Brigadier Chefe Ali’s Enduring LegacyEddy Kenzo with President Museveni and First Lady Janet Kataha at Yoweri Album Lunch at Speke Resort MunyonyoBrigadier Chefe Ali, born Eriya Mwine in 1960 in Namutam

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Confusion and Hope as Tororo Awaits Implementation of New Administrative Units

Confusion and Hope as Tororo Awaits Implementation of New Administrative Units

High expectations have given way to frustration and uncertainty in Tororo District after the much-celebrated announcement of new administrative units failed to materialize within the anticipated timeframe.In April this year, jubilation swept across the greater Tororo area following Preside

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NRM tribunal nullifies Collins Tanga’s election as Youth League Chairperson

NRM tribunal nullifies Collins Tanga’s election as Youth League Chairperson

KAMPALA — The National Resistance Movement (NRM) Election Disputes Tribunal has nullified the declaration of Collins Tanga as Chairperson of the NRM Youth League and ordered a fresh election.In its ruling, the Tribunal cited irregularities that “subst

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Museveni Proposes Select Committee to Resolve Cattle Compensation in Lango

Museveni Proposes Select Committee to Resolve Cattle Compensation in Lango

Museveni addressing the people of Lango over the weekend.President Yoweri Kaguta Museveni has proposed the formation of a select committee of trusted representatives from the Lango subregion to directly engage the government on the long-standing issue of

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Arsenal To Reportedly Make One Big Signing On One Condition

Arsenal To Reportedly Make One Big Signing On One Condition

As Arsenal continue to fine-tune their squad for the 2025/26 season, it has become increasingly clear that any major first-team addition is likely to come in the left-wing position. The club has already reinforced other key areas this summer, but attention is no

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