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
Winnie Byanyima speaking to reporters at her home in Kasangati on Saturday.The Executive Director of UNAIDS and wife to jailed veteran opposition politician Dr Kizza Besigye, Winnie Byanyima, has warned that her husband’s life is in danger as his health continues to deteriorate in detent
The debate over Uganda Wildlife Authority’s (UWA) UGX10 billion request to purchase a helicopter recently intensified, with Members of Parliament questioning the cost and sustainability of the proposal.But according to UWA Executive Director James Musinguzi, the helicopter is not a luxur
February is typically characterised by hot, dry and sunny conditions, marking the tail end of Uganda’s December–February dry season.However, several parts of the country — particularly the Central region, areas around the Lake Victoria Basin, and southwestern Uganda — are currently
The appeal comes after Kenya Commercial Bank (KCB) Uganda threatened to sell the prime condominium unit at Plot 1, Fumu Lane unless $182,709 (about Shs 655 million) is cleared within 21 days. Friends of the late former PLU Vice President Cedric Ndilima Babu are considering launching a camp
The High Court in Kampala has found Hajji Moses Kigongo liable to pay Shillings 80.7million for breaching a contract he signed with a supplier of doors and windows to his construction sites. The court also found Kigongo culpable for illegally retaining properties that don’t belong to him.
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
Blaak will address a delegation meeting in Brussels on Monday next week, along with officials from the opposition National Unity PlatformThe European Parliament has summoned Uganda’s Ambassador to the European Union, H.E. Mirjam Blaak, to address a deepening diplomatic crisis triggered b
Salon Owners at the Equity Bank Salon Owners Seminar at Pope Paul Memorial Centre LubagaKAMPALA, Uganda — Two years ago, Jessica Muteteri’s salon was failing. Rent was overdue, utility bills were mounting and staff wages felt like a chokehold on her enterprise.The struggle chang
Mrs. Dorothy KabandaKAMPALA — The Parents and Teachers Association (PTA) of Old Kampala Senior Secondary School has expressed deep dissatisfaction with the Ministry of Education, accusing it of protecting the school’s head teacher despite alleged financial mismanagement and punishing w
