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
AKAMPA TanbullWell, following closely the things, engagements he holds and the deliberate words H:E Yoweri Kaguta Museveni Tibuhaburwa says or writes, you truly realize that he is indeed not only a Charismatic leader but a patriot, a real statesman and a Pan African.In these past tw
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
Johannesburg, South Africa – Bellarmine Chatunga Mugabe, the youngest son of the late Zimbabwean President Robert Mugabe, finds himself embroiled in a serious legal battle following his arrest on Thursday, 19 February 2026, for attempted murder. The incident, a shooting at his opulent Hyde Park
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
Thomas MukoyaKAMPALA, Feb 20 (Reuters) – Uganda raised its projected public spending for the 2026/2027 financial year by 12.7% to 78.2 trillion shillings ($21.78 billion), up from an earlier estimate of 69.4 trillion shillings, the finance ministry announced on Friday.In a post on
With oil production expected to start soon, Dr Julius Kipng’etich projected even stronger growth over the next two to three decades, potentially transforming Uganda into one of the continent’s largest economies.Insurers in Uganda and across the East African region have been called to
Gen. Salim Saleh Rallies Kampala Residents to Embrace Sanitation Under “Operation Dark Matters”The Chief Coordinator of Operation Wealth Creation (OWC), Salim Saleh, has called on residents of Kampala to prioritise sanitation and proper hygiene as part of a new initiative dubbed Operat
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
Eyewitnesses at the scene of the accident.At least one person has been confirmed dead after a trailer travelling from Kampala to Jinja collapsed at the Oilcom petrol station in Upper Kauga, Mukono.According to eyewitnesses, the trailer was attempting to give way to another vehicle t
