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
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
Biya Appoints Son Franck Emmanuel as Cameroon’s First Vice-President in Four DecadesCameroon’s President Paul Biya has appointed a vice-president for the first time in his more than four-decade rule following controversial constitutional amendments passed by parliament, in a move that
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
Executed at dawn: Iranian protesters who fought back against evil regime are hanged in prisonIran has hanged a teenage boy and a young man whose plight had been highlighted by the Daily Mail.Mohammadamin Biglari, 19, and Shahin Vahedparast Kalour, 30, were executed at Ghezel Hesar P
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
The Uganda National Bureau of Standards (UNBS) is set to begin nationwide inspection and calibration of sugarcane weighbridges following the government’s decision to regulate rather than ban the devices.The exercise comes after weeks of protests by farmers and consultations between the g
KAMPALA, Uganda – A senior government liaison official has called for urgent reforms in Uganda’s regulatory and procurement systems, warning that persistent weaknesses in enforcement and oversight are threatening public health, food security, and the nation’s economic stability.In a
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€
Rwanda Utilities Regulatory Authority has raised retail fuel prices, citing global market trends and cost pressures, in a move expected to ripple through transport and consumer prices in the East African economy.In a statement issued late Friday, the regulator said petrol prices will rise
