From women’s banking dream to Tier II downgrade, today, RedPepper reveals the slow, painful unravelling of Finance Trust Bank.When the Bank of Uganda (BoU)quietly approved FTB’s transition from a Tier I commercial bank to a Tier II credit institution effective April 1, 2026, and went o
Finance Trust Bank has applied to surrender its Tier I commercial license in favor of Tier II status effective April 1. The move follows a Bank of Uganda notice as the lender shifts its strategy to meet revised capital requirements while maintaining core credit and deposit services.KAMPALA
Kampala — Uganda’s communications regulator has ordered television broadcasters to immediately stop running split-screen advertisements during news and current affairs programmes, ruling that the practice violates national advertising and broadcasting standards.The directive follows a
ALEBTONG, Uganda — Uganda Peoples Congress candidate Fred Jalameso pulled off a major political upset Tuesday, defeating Government Chief Whip Denis Hamson Obua in a repeat election for the Ajuri County parliamentary seat.Jalameso, a teacher making his first foray into elective politics,
Fears for the life of outgoing Butambala County MP Muhammad Muwanga Kivumbi have intensified after he was charged with terrorism and remanded to Kitalya Prison, a move that has unsettled opposition leaders and sharpened political anxiety across the country.Kivumbi, who also serves as the N
Reader modeUganda: Museveni Outlines 5-Year Agenda Amid Deadly Crackdown On Oppositionallafrica.com19hNairobi — President Yoweri Museveni has set out his priorities for a new term in office, pledging to safeguard peace and security, eradicate household poverty, stren
This was confirmed in a now-deleted X (formerly Twitter) post by President Museveni’s son Muhoozi Kainerugaba, who is Uganda’s Chief of Defence Forces (CDF).Ugandan President Yoweri Museveni has ordered the military to hunt and kill the country’s activist and National Unity Platform
Preamble: A Warning from the SourceWe issue this not as a lament, but as a diagnosis of a living crisis. We document not a natural passing, but a designed dismantling. The clan-based cultural groups of Uganda—ancient, sophisticated systems of ecological governance and social belonging—
An offer made 16 years ago to sell 500 Bitcoin (CRYPTO: BTC) for just $1 is trending online.The world’s largest cryptocurrency exchange, Binance, celebrated Bitcoin’s valuation surge by sharing a 2010 Bitcointalk post on X. In the post, a user offered a digital image for 500 BTC, which
President Yoweri Kaguta Museveni has commended the growing collaboration within Uganda’s Judiciary, saying it has played a key role in ensuring stability and improving service delivery in the country. The President made the remarks on Saturday while presiding over the swearing-in ceremony of Dr
