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 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
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
KAMPALA — Kampala Capital City Authority (KCCA) enforcement teams, backed by police, demolished dozens of illegal roadside kiosks and structures overnight into Friday, escalating a citywide crackdown aimed at restoring order in the capital’s central business district.The operation foll
Kampala city after street vendors being evicted.Overview:KCCA spokesperson Daniel Nuwabine said this time it will be different. He said eviction of street vendors in the Central Business District (CBD) is part of a broader effort to organize trade in the city and the entire Greater
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
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
The matter came up before Chief Magistrate Ritah Neumbe Kidasa on Wednesday. Through his lawyers, Anthony Asiimwe and Yasin Ssentumbwe Munagomba, Mabirizi applied for bail, stating that he has a fixed place of residence in Kiwomu Zone, Mulago.City lawyer Hassan Male Mabirizi will spend mor
Aged 48-years, Charlotte Komugisha, a tik tok queen in Kampala has had her cohabitation relationship with Jim with whom she has three children (aged 19, 14 & 12 years) irretrievably become broken. One of her close friends says that the two lived together since 2007 in Kabowa from where they l
For those that cannot find space in neighboring municipalities, the KCCA boss urged them to move further out to 10 cities in, including Mbarara, Jinja, Mbale and Gulu, where government-constructed markets have available stalls.As the deadline for street vendors to vacate downtown Kampala d
