As Uganda continues to battle persistent gold fraud scandals that have left foreign investors counting heavy losses, EuroGold Refinery has taken a bold leap onto the global stage, officially opening its main offices in Dubai—the world’s gold capital. The move, announced with fanfare, comes at a time when Uganda’s gold sector remains under scrutiny for fake gold deals, vanished consignments, …

The political ground is shaking in northern Uganda as leaked Declaration of Results (DR) forms from 18 disputed polling stations deliver a crushing blow to National Resistance Movement (NRM) Chief Whip Denis Hamson Obua. Despite the Electoral Commission (EC) ordering a fresh election in the contested polling stations of Ajuri County, Alebtong District, the leaked results still paint a grim …

Uganda’s long-awaited national oil refinery has entered its most decisive phase yet, as the government moves closer to sealing a $4 billion partnership with a United Arab Emirates-backed investor, a step that could significantly alter fuel supply dynamics across East Africa. After more than a decade of delays, the project is now advancing towards a Final Investment Decision, expected by …

Coca-Cola transferred another 4.4 billion euros ($5.17 billion) from its operation in Ireland to an entity based in the Cayman Islands. What’s happening? According to Business Post, the beverage giant’s Irish arm, European Refreshments Unlimited Company, transferred 2.3 billion euros ($2.7 billion) in 2024 and 2.1 billion euros ($2.5 billion) more this year to Atlantic Industries, an entity registered in the …

MTN should cut its losses and exit Iran, as it faces either reputational or financial harm if it fails to act following the outbreak of widespread protests against the country’s authoritarian theocratic regime. That is the view of Iraj Abedian, economist and chief executive of Pan-African Capital Holdings, who said he was incredibly disappointed in the MTN board and its …

Node Group and the U.S. Exchange Alumni Network Uganda (USEA) have officially signed a high-impact public relations partnership aimed at promoting leadership, civic engagement, entrepreneurship, and educational excellence across Uganda. USEA is a national network of over 6,000 alumni of U.S. government-funded exchange programs, driving innovation, leadership, and community transformation across the country. This partnership is grounded in a shared …

Equity Bank’s Juba Main Branch is facing imminent litigation after law firms representing two clients accused the bank of failing to provide cash despite repeated requests, causing what they call a “fundamental breach” of banking obligations. In a formal demand notice seen by Radio Tamazuj, Pan African Law Chambers LLP and Alliance Law Chambers state they are prepared to file …

Chinese companies including Huawei Technologies Co. and ZTE Corp. are staring at expulsion from European Union critical infrastructure, as the bloc moves to force the phase out of Chinese made equipment from its telecom networks and solar energy systems, as per a Financial Times report citing official sources. The European Commission, China’s commerce ministry, Huawei and ZTE have not commented …

Several Ugandans are among more than 14,600 illegal residents deported from Saudi Arabia since the year 2026 started as authorities intensify a nationwide crackdown on residency, labour and border violations, the Saudi Ministry of Interior has revealed. According to the ministry, 14,621 undocumented foreigners have been deported since the beginning of 2026, following coordinated inspection operations by security agencies and …

Kampala erupted in celebration as world leaders lined up to congratulate President Yoweri Kaguta Museveni following his emphatic landslide victory in Uganda’s presidential elections, officially announced on January 17, 2025. According to the Electoral Commission Chairperson, Museveni cruised to a historic seventh term after scooping a staggering 7,946,772 votes, translating into 71.65 percent of the valid ballots cast — miles …