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
Sudhir and Mwenda share a light moment at the billionaire's home in Kololo.Kampala, Uganda | — A resurfaced video clip of veteran journalist Andrew Mwenda has ignited fresh debate on social media after he openly acknowledged his close personal and financial ties to businessman Sudhir Ru
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
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.
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
Kitgum, Uganda: At least 60 students have been expelled from Kitgum High School over persistent indiscipline and poor academic performance, school authorities have confirmed.The head teacher, Christopher Opoka, told DailyExpress on Monday that the decision followed a comprehensive review o
This morning, I was driving from Mbale enroute Kampala. On reaching Jinja, a group of young boys at a public transport stage flagged me down. Curious, I stopped to establish why they had stopped me and after exchanging pleasantries, I allowed them in for a free ride so as to save their money for
Mukono, Uganda | THE INDEPENDENT | Mukono Municipal Council has agreed to cover open drainage channels along sections of the Nasuti–Nakabago–Ntawo and Bajo–Seeta roads, following sustained safety concerns from residents, traders, and road users.Town Clerk Francis Byabagambi said the
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
The Uganda Civil Aviation Authority (UCAA) Board of Directors and Management Team has confirmed that works at Kabalega International Airport in Hoima District have reached 97% completion, following an on-site inspection conducted on Friday, February 12.The inspection team was led by Dr. St
