Search Results

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

Ultimate Uganda

Youssou Diouf: Senegalese Striker Dies After Collapsing During Ligue 2 Match

Youssou Diouf: Senegalese Striker Dies After Collapsing During Ligue 2 Match

Senegalese football — and indeed the wider African game — has been thrown into mourning following the tragic death of a promising strikerYoussou Diouf, who featured in Senegal's Ligue 2, reportedly passed away after collapsing during a match in ThièsTributes have since flooded

Ultimate Uganda

PLU Entebbe Media Coordinator Dies in Road Crash

PLU Entebbe Media Coordinator Dies in Road Crash

The Patriotic League of Uganda (PLU) has announced the death of its Entebbe Media Coordinator, Mr. Ndyaguma Justinian, who was killed in a road crash in Garuga, Entebbe.The fatal incident occurred on Tuesday night when Justinian was knocked down by a Nissan vehicle, registration number UAU

Ultimate Uganda

Man Loading Shopping Items Collapses, Dies in Public

Man Loading Shopping Items Collapses, Dies in Public

KAMPALA — A routine shopping trip ended in tragedy on Saturday when a man collapsed and died while loading groceries into his vehicle near a busy market, shocking onlookers and sparking widespread public concern.The incident, which was captured on video and later circulated widely on soc

Ultimate Uganda

URA finally bows to pressure, removes downtown tax office kiosk

URA finally bows to pressure, removes downtown tax office kiosk

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

Ultimate Uganda

Why Uganda must become a permanent member of BRICS

Why Uganda must become a permanent member of BRICS

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

Ultimate Uganda

Ex-minister’s widow allowed to challenge ownership of Sh17bn Muthaiga land

Ex-minister’s widow allowed to challenge ownership of Sh17bn Muthaiga land

The widow of former minister Arthur Kinyanjui Magugu has been allowed to pursue a case challenging the ownership of a parcel of land in Nairobi worth Sh17 billion.The Environment and Land Court ruled that Ms Margaret Wairimu Magugu should be allowed to argue her case, especially after argu

Ultimate Uganda

Bank of Uganda maintains the central bank rate

Bank of Uganda maintains the central bank rate

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

Ultimate Uganda

Twenty students to benefit from Shs 3.85bn Africa STEM scholarships

Twenty students to benefit from Shs 3.85bn Africa STEM scholarships

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

Ultimate Uganda

Shs350m NICU equipment boosts Lira Hospital’s newborn care capacity

Shs350m NICU equipment boosts Lira Hospital’s newborn care capacity

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

Ultimate Uganda