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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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Arsenal star Gabriel mocks Tottenham with social media post after 4-1 win

Arsenal star Gabriel mocks Tottenham with social media post after 4-1 win

On a night when Mikel Arteta’s side delivered a commanding performance, the celebrations extended beyond the pitch.Arsenal completely dominated SpursArsenal produced a clinical display to overpower Tottenham.Braces from Eberechi Eze and Viktor Gyökeres ensured the Gunners

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Lira Blood Bank construction nears completion

Lira Blood Bank construction nears completion

The Lira Regional Blood Bank under construction.Lira, Uganda | THE INDEPENDENT | The construction of the Regional Blood Bank at Lira Regional Referral Hospital (LRRH) is nearing completion, with phase one standing at 98 percent.Started in March 2025 on a piece of land donated by Lir

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Open Letter to President Alleges Misconduct, Infighting Among Senior KCCA Directors

Open Letter to President Alleges Misconduct, Infighting Among Senior KCCA Directors

Kampala | Uganda — An open letter addressed to the President has raised serious concerns about alleged misconduct and internal conflict involving two senior directors at the Kampala Capital City Authority (KCCA).The letter, written by a self-described “concerned city citizen” from Ka

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Andrew Mwenda’s Candid Admission: “When Sudhir Owned a Bank, I Also Owned the Bank”

Andrew Mwenda’s Candid Admission: “When Sudhir Owned a Bank, I Also Owned the Bank”

Sudhir and Mwenda share a light moment at the billionaire's home in Kololo.Kampala, Uganda | — A resurfaced video clip of veteran journalist Andrew Mwenda has ignited fresh debate on social media after he openly acknowledged his close personal and financial ties to businessman Sudhir Ru

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Uganda Development Bank Appoints Peter Mukuru as Director of Business Technology

Uganda Development Bank Appoints Peter Mukuru as Director of Business Technology

Peter MukuruKAMPALA, Uganda — The Uganda Development Bank (UDB) has announced the appointment of Peter Mukuru as Director of Business Technology and Member of the Executive Committee, strengthening the Bank’s leadership as it accelerates its digital transformation agenda.Mukuru

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Rotary District 9213 launches $500,000 Mama Toto programme to support maternal, child health in Uganda

Rotary District 9213 launches $500,000 Mama Toto programme to support maternal, child health in Uganda

Rotary International President Francesco Arezzo, accompanied by his wife Anna Maria, is on a three-day visit focused on service projects and fellowship engagements. Right is Governor Geoffrey Kitakule of Rotary District 9213 and Health Minister, Ruth Acen.Kampala-Rotary District 9213 has l

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Gov’t hands over Shs3.8Bn roads in Nakaseke

Gov’t hands over Shs3.8Bn roads in Nakaseke

Government has commissioned Shs3.8Bn community access roads in Nakaseke under the LEGS project, boosting dairy farming, trade and local revenue growth.Ministry of Local Government Permanent Secretary Ben Kumumanya cuts the ribbon to commission the Gayaza–Kalungu–Mityomere Road in Nakas

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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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Court Appoints Administrator General to Manage Shs 1 Trillion Garuga Estate

Court Appoints Administrator General to Manage Shs 1 Trillion Garuga Estate

KAMPALA | The High Court’s Family Division has appointed the Administrator General to temporarily manage the estate of the late businessman James Garuga Musinguzi, valued at more than Shs 1 trillion, after ruling that warring family members are incapable of jointly administering the vast fortun

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