Lukoil said Thursday it had accepted an offer from global commodity trader Gunvor to buy its foreign assets, which Russia’s second-largest oil company is seeking to sell after Washington imposed sanctions on it last week.The planned asset sale is the most consequential action
Inhabitants of Douala have been protesting for a second day, following the announcement that president Paul Biya was re-elected for an eighth term. Armed forces have been deployed to several districts of the city.Barricades, fires, live bullets: in Douala, as in many other citie
Kampala – A yet-to-be-identified football fan collapsed at Sekazinga Arcade in Kampala on Sunday after losing Shs2 million in just 90 minutes. Reports indicate the man had staked the money — which belonged to his boss — on Liverpool winning the Community S
Nakawa West MP Ronald Balimwezo has reportedly been left emotionally shattered after learning that the National Unity Platform (NUP) will not support his long-anticipated bid for Kampala Lord Mayor.Insiders say party leader Robert Kyagulanyi, alias Bobi W
Uganda’s construction sector recorded a mild rise in inflation, with the annual rate edging up to 0.6% in the 12 months ending April 2025, up from 0.5% in March, according to the latest Construction Input Price Index (CIPI) released by the Uganda Bureau of Statistics (UBOS).The increase,
You probably remember the name—James Kazini. For years, he was one of the most feared men in Uganda. But behind the military uniform, medals, and headlines was a story far darker than most people ever knew.In the '90s, Kazini was untouchable.
President Museveni has met with the family of the late Francis 'Hitler' Eregu, a once-feared rebel commander who led the Uganda People’s Army (UPA) during the insurgency that rocked Eastern and Northern Uganda from 1986 to 1994.At State House Entebbe on Thursday, Museveni offered materia
Tesla shares fell almost 6% on Monday, a day ahead of the electric vehicle company's first-quarter earnings report, as analysts fret over "ongoing brand erosion."The stock closed at $227.50 leaving it less than $6 above its low for the year on April 8. The shares are now down 44% for the year af
Kampala, Uganda – President Museveni has announced a “criminal and electoral investigation” into the Kawempe North by-election, citing reports of ballot stuffing, destruction of ballot boxes, voter intimidation, and illegal campaigning at polling stations.
The Leader of Opposition in Parliament (LoP), Mr Joel Ssenyonyi, has tasked the government to conduct a comprehensive audit to establish how Shs553.71 billion that has been pumped into Atiak Sugar Factory was utilised, saying there is little to nothing on ground to show for the money. Fo
