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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

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Police rescue 10 girls from traffickers in Bushenyi, arrest two suspects

Police rescue 10 girls from traffickers in Bushenyi, arrest two suspects

Bushenyi, Uganda | THE INDEPENDENT | Police in Bushenyi are holding two suspects in connection with alleged human trafficking.Apollo Tayebwa, the Greater Bushenyi Police spokesperson, said ten girls aged between 18 and 22 — most of them Senior Four leavers — were rescued on Friday nigh

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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

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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

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NRM MP Loser in Kalungu Calls on Gen. Muhoozi to Intervene Over Minister Sekindi’s Alleged Support for Opposition

NRM MP Loser in Kalungu Calls on Gen. Muhoozi to Intervene Over Minister Sekindi’s Alleged Support for Opposition

The National Resistance Movement (NRM) flag bearer for Kalungu District Woman Member of Parliament, Hon. Helen Nakeeya, has appealed to Chief of Defence Forces Muhoozi Kainerugaba to intervene in escalating political tensions in the district following the recently concluded elections.Addre

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Andrew Mwenda’s Candid Admission: “When Sudhir Owned a Bank, I Also Owned the Bank”

Andrew Mwenda’s Candid Admission: “When Sudhir Owned a Bank, I Also Owned the Bank”

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

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Muhoozi Kainerugaba Endorses Adonia Ayebare for State Minister Role, Mentions Possible Positions for PLU Members

Muhoozi Kainerugaba Endorses Adonia Ayebare for State Minister Role, Mentions Possible Positions for PLU Members

Kampala, Uganda — Uganda’s Chief of Defence Forces, Gen. Muhoozi Kainerugaba, has publicly expressed support for Ambassador Adonia Ayebare for the position of Minister of State for Foreign Affairs.In a series of posts published on his official X account on Sunday, Gen. Muhoozi stated:

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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

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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

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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

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