Kampala — Uganda’s Auditor General has raised concerns over the effectiveness of the country’s tax register, revealing that only about 20% of registered taxpayers are active, despite a sharp expansion in registrations in the financial year ended June 30, 2025.According to the Auditor
KAMPALA | Umeme Limited has warned shareholders and investors to expect another year of financial losses, marking the second consecutive year the company will close its books in the red, following the termination of its electricity distribution concession in Uganda.In a public notice issue
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
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
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,
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
Ugandans will be asked to pay more than UGX 2.368 trillion in taxes over the next five years to cover the salaries of officers and staff of the Uganda Police Force (UPF). This revelation came from Aggrey Wunyi, the Undersecretary of the Uganda Police Force, when he appeared before Parliament’s
US YouTuber IShowSpeed visited Nigeria’s cultural and economic capital Lagos as part of his African tour on Wednesday, where he celebrated his 21st birthday by hitting 50 million subscribers.The YouTube and Twitch star’s tour kicked off on December 29, travelling through some 15 countr
