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
The government, through the Ministry of Finance, Planning and Economic Development, has reduced the preliminary resource envelope for the 2026/27 financial year to Shs69.399 trillion, reflecting a tighter fiscal stance even as efforts intensify to boost domestic revenue and reduce reliance on bor
The government, through the Ministry of Finance, Planning and Economic Development, has reduced the preliminary resource envelope for the 2026/27 financial year to Shs69.399 trillion, reflecting a tighter fiscal stance even as efforts intensify to boost domestic revenue and reduce reliance on bor
Tororo Chief Magistrate's Court has dismissed an application challenging the declaration of Max Ochai as the winner of the January 15 polls for West Budama County North Parliamentary race.The application was filed by Richard Othieno Okoth, who contested as an independent candidate, request
Parliament Approves Budget Framework Paper as MPs Return to Complete AppropriationParliament on Thursday approved the National Budget Framework Paper (NBFP) for FY 2026/27–2030/31, clearing the way for preparation of detailed budget estimates.The framework sets the fiscal andmonet
The Advisory Committee on the Prerogative of Mercy has declined to advise the President on granting clemency to exiled president of the Uganda Law Society, Isaac Ssemakadde.The decision, conveyed in a letter signed on behalf of the Solicitor General by John Bosco Rujagaata Suuza, director
President Yoweri Museveni has directed the immediate appointment of Allan Kasujja as Executive Director of the Uganda Media Centre, a move aimed at addressing management concerns at the government communication agency.In a letter dated December 27, 2025, addressed to the Chief of Defence F
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
The Uganda National Examinations Board will release the 2025 PLE results this Friday, Jan. 30. Get details on candidate performance and the revised 2026 school calendarKAMPALA — The Uganda National Examinations Board will release the 2025 Primary Leaving Examination results this Friday,
Kinshasa — Rumors have been circulating in recent days about the alleged assassination of former Congolese President Joseph Kabila. According to information sent to Fides, former Congolese President Joseph Kabila was killed on January 25 in an explosion at the building where he was meeting with
