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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

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The Nina Interiors Story: Alice Karugaba’s Journey of Grit, Resilience and a Family Legacy Passed to the Next Generation

The Nina Interiors Story: Alice Karugaba’s Journey of Grit, Resilience and a Family Legacy Passed to the Next Generation

Mrs Alice Karugaba, the founder, Nina Interiors. She received the CEO of the Year Award in 2016.Nina Interiors founder, Alice Karugaba, did not set out to build a furniture empire. She was a mother trying to make ends meet, learning to bake, selling buns to colleagues, and slowly finding h

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Equity Bank Uganda Ordered to Pay Millions to Indian Company Over Mukwano’s Documents Shipping Deal

Equity Bank Uganda Ordered to Pay Millions to Indian Company Over Mukwano’s Documents Shipping Deal

The Commercial Division of the High Court has ordered Equity Bank Uganda to pay millions to Indian Company over Mukwano’s documents shipping deal.On or around September 13th, 2016, Mukwano Industrial Suppliers Limited based in Uganda ordered 72 metric tonnes of Liquid Glucose Concentrate

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How Iran destroyed US base’s $500m battlefield nerve centre

How Iran destroyed US base’s $500m battlefield nerve centre

In a picture verified by AFP, the mangled airframe of the US air force jet stands on the runway of Prince Sultan air base in Saudi ArabiaThe mangled airframe of the four-engined US air force jet stands on the runway of Prince Sultan air base in Saudi Arabia.Amid the twisted metal,

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Heavy container trucks, fuel tankers must get off Ugandan roads - Museveni declares in Kenya

Heavy container trucks, fuel tankers must get off Ugandan roads - Museveni declares in Kenya

Museveni explained that Uganda’s roads currently carry passengers, light cargo, heavy goods and petroleum products at the same time, creating congestion and inefficiency.President Yoweri Museveni has said Uganda is moving toward a shift in its transport system, where heavy cargo and fuel

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All Android users placed on red alert and urged to follow three new rules

All Android users placed on red alert and urged to follow three new rules

Android users are being urged to exercise extreme caution when installing new apps after security researchers uncovered a vicious new malware campaign. The latest attack installs a dangerous banking trojan known as BeatBanker, which can steal financial information and even secretly monitor infect

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Bus Driver, Conductor Die In Luwero Accident

Bus Driver, Conductor Die In Luwero Accident

A Real Bus company vehicle lost control and rammed into the rear of an Isuzu Hino truck on Sunday morning at around 4:00am in Kiwumpa village, Luwero town, along the Kampala–Gulu highway, killing the bus driver and conductor.A Real Bus company vehicle lost control and rammed into the rea

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UCC trains 1,800 boda boda riders to drive Uganda’s digital economy

UCC trains 1,800 boda boda riders to drive Uganda’s digital economy

KAMPALA — The Uganda Communications Commission has trained 1,800 boda boda riders in an ambitious drive to transform the country’s informal transport sector into a digitally integrated workforce. Through its Beera Ku Digital initiative, the commission is executing a structural intervention de

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Former NSSF boss Byarugaba lands key State House role

Former NSSF boss Byarugaba lands key State House role

President Yoweri Museveni has appointed former NSSF managing director Richard Patrick Byarugaba as senior presidential advisor on exports and industrial development, alongside Moses Sabiti.President Yoweri Museveni has appointed former National Social Security Fund (NSSF) managing director

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Standard Chartered boss throws in the towel as bank struggles deepen in Uganda and Kenya

Standard Chartered boss throws in the towel as bank struggles deepen in Uganda and Kenya

The cracks inside Standard Chartered Bank are no longer whispers — they are now headline news.As the British banking giant retreats from struggling markets, its top executives are heading for the exit and its once-proud retail empire in Uganda has collapsed into a fire sale.In the

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