Opec to stick or cut output amid plan to cap Russian oil price
<p class="align--justify">Major oil producers are expected to stick to their current output strategy or even slash production further when they meet on Sunday in the face of falling prices, a potential Russian oil price cap and an embargo on Russian crude shipments.</p>
Centum writes off $16.3m invested in Lamu coal project
The carrying value of the investment has dropped to zero in the books in the 2019/2020 financial year, casting doubts on the possibility of recovery.
Kenya’s tea ‘chokes’ under unclear policy, clashing roles
The East African Tea Trade Association (EATTA) wants some of the policies addressed through a law that will clarify roles and relationships between management agencies, growers, and factory boards, to enhance accountability.
500 SMEs trained in agricultural value addition, financial literacy
500 SMEs trained in agricultural value addition, financial literacy Minister Evelyn Anite (M) accompanied by Mr. Julius Kakeeto, the Managing Director, PostBank Uganda inspecting stalls of Uganda-made products (PHOTO/Nelson Mandela). KAMPALA – A total of 500 Small and Medium Enterprises have been equipped with skills...
Gole rides bike through eight African countries and back to the Pearl of Africa
Even with near-perfect preparation and planning, and more than Shs 10m in sponsorship secured, Andrew Gole’s bike ride to Lusaka, Zambia started to fall apart on day one, September 19, 2022. Gole, a digital rights activist, thought he had even over-prepared and thought nothing could be...
When Kawooya’s Villa routed Fufa on different occasions
Patrick Kawooya (R) on the Villa bench The current standoff between record league champions SC Villa and the local governing football body Fufa is worsening every single day. Last week, Fufa’s Competition Disciplinary Committee found SC Villa guilty of their fans’ violence and docked them...
Uganda resurrects COVID-19 restrictions
President Yoweri Museveni has resurrected COVID-19 restrictions ordering that those who have not been vaccinated stay away from public gatherings. In a televised address, about the health situation in the country, Museveni said the National Task Force on COVID-19 had reviewed the current situation in...
DR Congo accuses M23 rebels of civilian massacre, breaching truce
The Democratic Republic of Congo's army on Thursday accused M23 insurgents of killing 50 civilians and breaching a five-day-old truce in the country's restive east.
M23 urged to stop targeting civilians as 50 killed in east DRC
According to the Congolese army, 50 civilians were killed by the M23 rebels with the massacre being condemned by various agencies.
URSB, UMRA skill money lenders and financial institutions on use of movable property as collateral
URSB, UMRA skill money lenders and financial institutions on use of movable property as collateral URSB Deputy Registrar General, Alex Anganya (2nd L) in a group picture with Tier IV Non Deposit Taking Institutions Representatives at Hotel Africana in Kampala (PHOTO/Courtesy). KAMPALA – Uganda’s business...
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