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South Africa Bond Rally Builds Ahead of February 25 Budget

South Africa Bond Rally Builds Ahead of February 25 Budget

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

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Lira Blood Bank construction nears completion

Lira Blood Bank construction nears completion

The Lira Regional Blood Bank under construction.Lira, Uganda | THE INDEPENDENT | The construction of the Regional Blood Bank at Lira Regional Referral Hospital (LRRH) is nearing completion, with phase one standing at 98 percent.Started in March 2025 on a piece of land donated by Lir

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Rotary District 9213 launches $500,000 Mama Toto programme to support maternal, child health in Uganda

Rotary District 9213 launches $500,000 Mama Toto programme to support maternal, child health in Uganda

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

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Uganda: Museveni Enacts Major Housing and Construction Reforms

Uganda: Museveni Enacts Major Housing and Construction Reforms

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

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UGANDA: China’s zero-tariff policy to boost Africa’s industrialization

UGANDA: China’s zero-tariff policy to boost Africa’s industrialization

39th African Union summitKAMPALA, UGANDA | Xinhua | A senior Ugandan official on Tuesday welcomed China’s decision to fully implement zero-tariff treatment for 53 African countries with diplomatic relations, starting from May 1, saying the move will accelerate industrialization and econo

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HUGE SCANDAL! Investigation Lays Bare Rot at World Bank Funded CEDP Project, Finance Ministry, PSFU on the Spot

HUGE SCANDAL! Investigation Lays Bare Rot at World Bank Funded CEDP Project, Finance Ministry, PSFU on the Spot

After ten years, millions in financing and bold promises to transform Uganda’s business and tourism competitiveness, the Competitiveness and Enterprise Development Project (CEDP) is now under an unforgiving spotlight.The December 2025 Value for Money audit on CEDP has laid bare a troubli

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Finance Minister Kasaija Meets IFAD President Alvaro Lario in Rome

Finance Minister Kasaija Meets IFAD President Alvaro Lario in Rome

Rome, Italy — Uganda’s Minister of Finance, Planning and Economic Development, Matia Kasaija, has met the President of the International Fund for Agricultural Development (IFAD), Mr Alvaro Lario, in Rome, Italy, to discuss continued cooperation aimed at improving rural livelihoods and strengt

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Dr. Ayub Mukisa: Busoga Politicians: Why Can’t You Use the NRM to Develop Busoga Instead of Endless Wars?

Dr. Ayub Mukisa: Busoga Politicians: Why Can’t You Use the NRM to Develop Busoga Instead of Endless Wars?

Dr. Mukisa AyubBusoga Sub-Region has long been recognized as an area of immense potential. With its fertile soils, youthful population, strategic location along the Nile, and vibrant cultural heritage under the Busoga Kingdom, the sub-region should be among Uganda’s most economically dyn

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EACOP project sparks ongoing battle over land and justice

EACOP project sparks ongoing battle over land and justice

Kampala, Uganda | THE INDEPENDENT | In Arusha, Tanzania, Lubega John Nsamba represented her ailing father, John Mary Nsamba, whose land along the East African Crude Oil Pipeline (EACOP) had been acquired without what the family considered fair compensation.Over a month after his burial nea

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NWSC chief orders officials out of offices to address service delivery

NWSC chief orders officials out of offices to address service delivery

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

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