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
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
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
Queen Charlotte Komugisha (48) loses 2nd court case in One week as judge rules that their 12-year-old son leaves home & goes to boarding to avoid exposure to parental quarrels.Robert Magara the Grade 1 Magistrate at the Makindye court in Kampala has ruled that the embattled Kampala tik
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
KAMPALA — Uganda’s Petroleum Fund declined to Shs131.27 billion as of June 30, 2025, down from Shs145.98 billion the previous financial year, following statutory transfers to the national budget and the state oil company.State Minister for Finance (General Duties) Henry Musasizi made t
President Museveni has signed into law three key pieces of legislation aimed at strengthening regulatory oversight in Uganda's construction, housing finance, and valuation sectors.The reforms are expected to enhance safety standards, expand mortgage financing, and boost investor confidence
President Museveni has strongly defended the use of Biometric Voter Verification (BVV) machines in the recently concluded elections, arguing that the technology curtailed electoral fraud and strengthened transparency, while framing the broader vote within the National Resistance Movement's histor
Former Speaker of Parliament, 1st Deputy Prime Minister, Minister for East African affairs and Kamuli women member of parliament Rebecca Alitwala Kadaga has destroyed fellow Minister Babirye Milly Babalanda in an explosive interview broadcasted across all radio stations in Busoga.It all st
KAMPALA, Uganda — The managing director of the National Water and Sewerage Corporation has ordered officials to leave their offices and head into the field to address service delivery gaps across the country.Dr. Eng. Silver Mugisha issued the directive as he launched an extensive tour of
