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
Senegalese football — and indeed the wider African game — has been thrown into mourning following the tragic death of a promising strikerYoussou Diouf, who featured in Senegal's Ligue 2, reportedly passed away after collapsing during a match in ThièsTributes have since flooded
Johannesburg, South Africa – Bellarmine Chatunga Mugabe, the youngest son of the late Zimbabwean President Robert Mugabe, finds himself embroiled in a serious legal battle following his arrest on Thursday, 19 February 2026, for attempted murder. The incident, a shooting at his opulent Hyde Park
For an institution created to sniff out dirty money and choke financial crime at its roots, the spotlight is now uncomfortably fixed on the watchdog itself.A damning Value for Money audit in the December 2025 report by the Auditor General has exposed glaring weaknesses at the Financial Int
Joseph Nsubuga, chief executive officer of Mirai Insurance Uganda, said the company is focused on simplifying this change for all motorists, regardless of their technical proficiency.KAMPALA, Uganda — Mirai Insurance has launched an extensive educational campaign to assist motorists as t
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
KAMPALA, Uganda — Secondary school arts teachers on the government payroll will receive a 25 percent salary increase starting in July, officials said this week.The pay raise, which covers the 2026-2027 financial year, is part of a phased plan to address long-standing wage gaps between sc
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
Uganda’s political climate has become even more heated after a senior army officer made very strong comments about opposition leader Bobi Wine. General Muhoozi Kainerugaba, who is the son of President Yoweri Museveni and a powerful figure in the country, spoke sharply about Bobi Wine’s appear
A scathing report from Uganda’s auditor general has uncovered deep financial and operational dysfunction at the National Drug Authority. From idle billions in unclaimed deposits to vacant floors in its headquarters, the agency faces growing questions about its ability to regulate the nation’s
