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
If we become permanent members of BRICS, the most obvious benefit shall be economic. Our economy relies heavily on agriculture, raw materials, and a growing services sector. We need big markets like those of China and India for our agricultural produce.Uganda has a young population, with a
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
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
Lira, Uganda: Lira Regional Referral Hospital has received Neonatal Intensive Care Unit (NICU) equipment worth Shs350 million, a major boost expected to strengthen care for premature and critically ill babies across Northern Uganda.The equipment was donated by Pathfinder International with
The debate over Uganda Wildlife Authority’s (UWA) UGX10 billion request to purchase a helicopter recently intensified, with Members of Parliament questioning the cost and sustainability of the proposal.But according to UWA Executive Director James Musinguzi, the helicopter is not a luxur
The Uganda Peoples’ Defence Forces (UPDF) has officially flagged-off the United Nations Guard Unit (UNGU) XII, which is set to deploy to Somalia for peace support operations. The ceremony took place at the International Peace and Support Training Center (IPSO-TC) in Ssingo.Addressing the
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
Rev Fr Deogratius Kiibi KatereggaI attended a burial in Gombe last week, and had never encountered such a quarrelsome priest!Before the requiem mass started, he warned mourners to stand when he says stand, sit when they were supposed to, and save the gossip for later like “grownup
KAMPALA, Uganda — Secondary school arts teachers on the government payroll will receive a 25 percent salary increase starting in July, officials said this week.The pay raise, which covers the 2026-2027 financial year, is part of a phased plan to address long-standing wage gaps between sc
