Category: Business

South Africa Bond Rally Builds Ahead of February 25 Budget

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 reinforce fiscal consolidation and further compress the risk premium on sovereign debt. The bank described the upcoming fiscal up

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Why Uganda must become a permanent member of BRICS

Why Uganda must become a permanent member of BRICS

If we become permanent members of BRICS, the most obvious benefit shall be economic. Our economy relies heavily on agriculture, raw materials, and a growing services sector. We need big markets like those of China and India for our agricultural produce.Uganda has a young population, with a

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Insurance players tipped to leverage booming Ugandan economy

Insurance players tipped to leverage booming Ugandan economy

With oil production expected to start soon, Dr Julius Kipng’etich projected even stronger growth over the next two to three decades, potentially transforming Uganda into one of the continent’s largest economies.Insurers in Uganda and across the East African region have been called to

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Uganda Airlines Long-Haul Crisis Deepens As Tycoon Sudhir Falls Victim To London Flight Cancellations

Uganda Airlines Long-Haul Crisis Deepens As Tycoon Sudhir Falls Victim To London Flight Cancellations

Uganda’s national carrier, Uganda Airlines, is grappling with escalating operational turbulence after grounding both of its long-haul aircraft, triggering a wave of flight cancellations that has now ensnared city tycoon Dr. Sudhir Ruparelia among affected passengers.“My Sunday flight w

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Uganda’s economy improves in January as inflation rises to 3.2% and exports surge 83.5%

Uganda’s economy improves in January as inflation rises to 3.2% and exports surge 83.5%

Uganda’s economy registered an improvement in January 2026, supported by better business conditions, rising consumer demand and increased employment levels, according to the latest Performance of the Economy Report.The report indicates that economic activity continued on an upward trajec

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Soroti Fruit Factory posts Shs5.3Bn loss despite management overhaul – Audit

Soroti Fruit Factory posts Shs5.3Bn loss despite management overhaul – Audit

Soroti, Uganda: The Soroti Fruit Factory operates at a loss of Shs5.371 billion for the 2024/2025 Financial Year, deepening its financial troubles despite a recent management overhaul, the latest Auditor General’s report reveals.The audit report released on December 31, 2025 by Auditor G

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UGANDA: China’s zero-tariff policy to boost Africa’s industrialization

UGANDA: China’s zero-tariff policy to boost Africa’s industrialization

39th African Union summitKAMPALA, UGANDA | Xinhua | A senior Ugandan official on Tuesday welcomed China’s decision to fully implement zero-tariff treatment for 53 African countries with diplomatic relations, starting from May 1, saying the move will accelerate industrialization and econo

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Gaming stakes to hit Shs14.1 trillion as regulator revenue rises from Shs17.4 billion to Shs391 billion in 10 years

Gaming stakes to hit Shs14.1 trillion as regulator revenue rises from Shs17.4 billion to Shs391 billion in 10 years

Finance Minister, Matia Kasaija congralating Mr Kenneth Kitariho (right) upon his inauguration as Chairperson of the NLGRB. Looking on is outgoing board chairperson Aloysius Mugasa (2nd left) and CEO Denis Mudene Ngabirano.Ten years after it was created, the National Lotteries and Gaming R

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Kenyan President calls for emergency EAC summit as $89 million gap threatens to paralyze the bloc

Kenyan President calls for emergency EAC summit as $89 million gap threatens to paralyze the bloc

The President of Kenya and Chairperson of the East African Community (EAC) William Samoei RutoKenya’s President William Ruto has called for an emergency summit of Heads of State of the East African Community (EAC) to attempt to deal with mounting financial crisis at the regional bloc.

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Excitement in Kisoro as Lake Chahafi is Restocked with 876,400 Tilapia

Excitement in Kisoro as Lake Chahafi is Restocked with 876,400 Tilapia

Reader modeExcitement in Kisoro as Lake Chahafi is Restocked with 876,400 Tilapiaugandaradionetwork.com12minThere is excitement in Chahafi Town Council in Kisoro District following the restocking of Lake Chahafi. Residents have welcomed the introduction of 876,400 tila

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