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
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
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
Mukono, Uganda | THE INDEPENDENT | Mukono Municipal Council has agreed to cover open drainage channels along sections of the Nasuti–Nakabago–Ntawo and Bajo–Seeta roads, following sustained safety concerns from residents, traders, and road users.Town Clerk Francis Byabagambi said the
General Court Martial has resumed operations at Makindye in Kampala after more than a year of inactivity, following a Supreme Court decision barring the trial of civilians in military courts.The military court, which had halted proceedings in compliance with the landmark judgement, is now
Uganda’s CAA collects an aviation security fee of about $65 (roughly Shs240,000–Shs245,000) from the cost of each departing international passenger’s ticketEntebbe International Airport runwayUgandan aviation police are investigating how an unidentified man ended up dead on th
MTN Uganda shares have staged a strong rally on the Uganda Securities Exchange (USE), delivering massive gains to its largest local investors in just eight weeks as the stock surged by Shs116 per share.By November 25, 2025, MTN Uganda shares were trading at Shs312. By February 6, 2026, the
While digital tax collections from giants like Apple and Meta have hit 29.5 billion shillings, the Auditor General warns that a lack of independent verification is causing significant revenue leakage.Uganda has successfully collected 29.5 billion shillings from global tech firms, but the c
Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi has said Uganda’s export earnings have climbed to a record $14.4 billion (Shs 54 Trillion) by the end of September, driven largely by strong growth in gold, coffee and manufactured goods, reflecting the impact of long-term govern
Uganda’s Chief of Defence Forces, Gen. Muhoozi Kainerugaba, has said Uganda People’s Defence Forces (UPDF) could withdraw completely from Somalia by the end of 2026 unless urgent and serious discussions address the persistent funding shortfalls for the African Union mission combating Al-Shaba
