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
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
In a surprising development in Uganda’s security and government leadership, General Muhoozi Kainerugaba, the Chief of Defence Forces (CDF), has recalled General Gowa and Brigadier Johnson Namanya Abaho back to Mbuya Defence Headquarters after their recent posting at the Ministry of Internal Aff
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
The Bank of Uganda recently kept the Central Bank Rate (CBR) unchanged at 9.75 per cent, signalling its confidence in the price stability experienced in the economy today.The Monetary Policy Committee (MPC) assessed that the current policy stance remains appropriate to support economic act
LONDON, UK | Xinhua | Manchester City closed Arsenal’s lead at the top of the Premier League to just two points ahead of Sunday’s North-London derby with a hard-fought 2-1 win at home to Newcastle United.Nico O’Reilly put Manchester City ahead in the 14th minute with a fizzing low sh
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
Former Supreme Court Justice Esther Kisaakye has insisted that she is no longer a serving judge and rejects the jurisdiction of a judicial tribunal appointed to investigate her alleged misconduct. “I’m a retired judge. The tribunal has no jurisdiction over me,” said Kisaakye, who says she i
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
