Trump Declares The Strait Is 'Permanently' Open – Tanker Traffic Says 'Not Yet'
On Wednesday morning, President Donald Trump declared on Truth Social that the Strait of Hormuz is now “permanently” open — crediting US military superiority and a...
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Uganda set for showdown talks with Vitol as global oil disruptions bite
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...
OPINION: 623 Cases, UGX 2 Trillion at Stake: Why Uganda Must Rethink How Banking Disputes Are Resolved:
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 trilli...
Gov’t Imposes New Taxes on Cement, Spirits
Alcohol consumers and the construction industry face fresh price hikes as the government tables the Excise Duty (Amendment) Bill, 2026, seeking to impose higher levies on...
Uganda Civil Aviation Authority Expands Electric Fleet with New Kayoola E-Coaches
Entebbe — Kiira Motors Corporation has delivered two additional 13-metre Kayoola Electric Coaches to the Civil Aviation Authority, expanding the national electric bus f...
Tycoon Sudhir’s luxury One Ten Apartment Tower in Kololo gains shape
Tycoon Sudhir Ruparelia’s ambitious luxury residential development, the One Ten Apartments, is steadily rising in Kololo as one of the most prominent high-end property...
South Africa Bond Rally Builds Ahead of February 25 Budget
South African bonds extended gains as investors positioned for Finance Minister Enoch Godongwana's budget presentation on Feb. 25. Morgan Stanley said the budget could re...
Friends move to raise Shs 650 million to save late Cedric Babu Kololo home
The appeal comes after Kenya Commercial Bank (KCB) Uganda threatened to sell the prime condominium unit at Plot 1, Fumu Lane unless $182,709 (about Shs 655 million) is cl...
NARO Courts Agro-Industrialists to Accelerate Value Addition and Boost Farmer Incomes
The National Agricultural Research Organisation (NARO) has intensified engagement with agro-industrial investors to fast-track agro-industrialisation, deepen value additi...
Uganda moves to own tourism offices, boosts airlines and promotion
Hannington Ashaba, Acting Director of Budget at Uganda’s Ministry of Finance, has told NTV Business reporter Malcolm Musiime that the government plans to end decades of...