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
Bushenyi, Uganda | THE INDEPENDENT | Police in Bushenyi are holding two suspects in connection with alleged human trafficking.Apollo Tayebwa, the Greater Bushenyi Police spokesperson, said ten girls aged between 18 and 22 — most of them Senior Four leavers — were rescued on Friday nigh
KAMPALA — A routine shopping trip ended in tragedy on Saturday when a man collapsed and died while loading groceries into his vehicle near a busy market, shocking onlookers and sparking widespread public concern.The incident, which was captured on video and later circulated widely on soc
The decision followed hours of intense debate online where some social media users accused the tax body and KCCA of double standards, having removed similar structures owned by traders and vendors in the city center.The Uganda Revenue Authority (URA) has announced it will remove its contro
Former Bukedia County MPWhat pressures or incentives influenced Yusuf Nsibambi’s decision to switch sides? And what price will he pay? For years, Nsibambi was regarded as one of the opposition’s most reliable minds on law and governance—articulate, grounded, and often a pillar on mat
At least 20 students from underprivileged backgrounds are set to benefit from scholarships worth Shs 3.85 billion to pursue science and technology degree programmes at leading universities in Uganda.The scholarships are being offered under the Airtel Africa Foundation Tech Fellowship, a ne
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
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
Kampala city after street vendors being evicted.Overview:KCCA spokesperson Daniel Nuwabine said this time it will be different. He said eviction of street vendors in the Central Business District (CBD) is part of a broader effort to organize trade in the city and the entire Greater
Kampala, Uganda: The High Court (Commercial Division) has ordered M/S Muwema & Co. Advocates to pay a total of USD 372,300 (approx. Shs1.34bn) in rent arrears and mesne profits, and to immediately vacate prime premises in Kololo following a protracted lease dispute with Downtown Investments L
