Business •
22 Jun '26
Iran has abandoned peace negotiations in Switzerland, with the delegation from the Middle Eastern nation refusing to return to peace talks until US President Donald Trump apologises for threatening to assassinate Iran's team of negotiators on Sunday (June 21).According to Fox News, Trump s
Business •
02 Jun '26
Axios’s account of an expletive-laden phone call between President Trump and Prime Minister Netanyahu has landed at a fraught moment. According to a U.S. official’s summary cited by Axios, Trump told Netanyahu: “You’re fucking crazy. You’d be in prison if it weren’t for me. I’m savi
Business •
25 May '26
Kampala, Uganda | URN | The government reduced its net borrowing or fiscal deficit in the month of April, amidst the global supply disruptions and lower revenue collections.According to the Ministry of Finance, net borrowing (the extra money the government had to borrow after accounting fo
Business •
15 May '26
Iran is advancing proposals to establish regulatory control over all seven undersea fibre-optic internet cables passing through the Strait of Hormuz, a critical global data corridor linking Asia, the Gulf region, and Europe. The initiative forms part of broader efforts to assert greater authority
Business •
06 May '26
Uganda National Oil Company (Unoc) said on Wednesday it had begun discharging nearly 100 million litres of fuel at the port of Mombasa, with the first consignments expected to reach Uganda within days amid rising pump prices.The shipment, offloaded on May 5, comprises 47.5 million litres o
Business •
03 May '26
In a post on X, the monitoring firm identified the vessel as "HUGE" and noted that it was last spotted off the coast of Sri Lanka more than a week ago. The tanker is currently reported to be traversing the Lombok Strait of Indonesia, heading towards the Riau Archipelago.https://x.com/Tanke
Business •
02 May '26
Iran released a statement on Saturday, saying it will enforce “new rules” over waters along its coastline in the Arabian Sea and the Strait of Hormuz, making the waters “a source of security and prosperity for the region”.The announcement came as US Treasury Secretary Scott Bessant
Business •
27 Apr '26
U.S Military ACCEPTS Defeat? $5.6 Billion Damage Reported After Iran Strikes U.S. Bases In GulfReports suggest that U.S. military bases across the Persian Gulf and wider Middle East have sustained significant damage following a series of Iranian strikes.According to officials and so
Business •
25 Apr '26
IRAN’S Supreme Leader is so severely disfigured he requires plastic surgery and a prosthetic, new reports on his condition have revealed.Ayatollah Mojtaba Khamenei was critically wounded during Donald Trump‘s February 28 strike, which eliminated his father and ex-regime ruler Ali Khame
Business •
23 Apr '26
Produce dealers in Nebbi are counting losses as rising fuel prices have forced them to hike the cost of food.Since rising fuel prices have a significant impact on food prices, customers are being forced to move long distances in search for cheaper prices.Some of the traders who ar