Friday, June 12, 2026

Business

UAE to Exit OPEC in Major Shift to Energy Policy

By Nasir Lubwama The United Arab Emirates will leave the Organization of the Petroleum Exporting Countries (OPEC and OPEC+) on May 1, 2026, ending...

IEA flags risk of misdirected fuel subsidies as energy crisis deepens

By Lydia Kyomukama The International Energy Agency (IEA) has warned that government responses to the global energy shock risk missing the people most in...

World largest Condom manufacturer Karex to raise prices as US–Iran war strains supply chain

Karex Bhd, the world’s largest condom manufacturer, plans to raise prices by between 20 and 30 percent as supply chain disruptions linked to the...

70.5m litres of petrol in stock as government assures steady supply

By Nasir Lubwama. The Government has assured the country of stable fuel supply, saying current stocks and incoming deliveries are sufficient to meet national...

Ethiopian Airlines Firms Up Order for Six Boeing 787-9 Jets

By Samuel Ssenono Ethiopian Airlines has firmed up options for six Boeing 787-9 Dreamliners, converting commitments from its 2023 order into confirmed aircraft. The additional...

Popular

spot_imgspot_img