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
Inspire Africa Group CEO Nelson Tugume says Uganda is positioning itself to become a global coffee destination through the development of the Smart Coffee City, building on the progress already made at the Africa Coffee Park in Ntungamo District.Speaking on NBS Morning Breeze, Tugume said
President Yoweri Museveni’s attempts to bring stability and lasting peace back to Uganda are a clear example of his legacy. After the country gained independence in 1962 and struggled to get going for the next two decades, he stepped in and played a key role in putting an end to the bloody wars
The Ugandan government has dismissed growing concerns over the health of prominent opposition leader Dr. Kizza Besigye, insisting he is only suffering from “minor diarrhoea” and is receiving adequate care while in detention – a claim strongly disputed by his wife, renowned activist Winnie B
As mobile money services finally flicker back to life, one thing remains completely offline: accountability.For nearly a week during the tense election period, millions of Ugandans were left stranded — unable to withdraw their own money, forced to beg agents, ration transactions, or in s
Arrested China national known as Lin Haiyun and the illegal equipment he has been operating.Authorities have dismantled an illegal gaming machine manufacturing facility in Soroti Town, arresting a Chinese national in an intensified crackdown on unlawful gambling activities.The opera
Uganda is sitting on a gold rush worth billions — but for most citizens, the shine stops at the headlines.Gold exports have exploded over the past decade, rebounding strongly after a brief slump in 2022/23 caused by a tax dispute that temporarily halted exports. By 2025, Uganda’s gold
Kampala — Ugandan authorities expelled three French journalists from the country in January amid heightened controls around coverage of the presidential election in which incumbent Yoweri Museveni secured a seventh consecutive term.Among those affected was Bastien Renouil, an East Africa
The cracks inside Standard Chartered Bank are no longer whispers — they are now headline news.As the British banking giant retreats from struggling markets, its top executives are heading for the exit and its once-proud retail empire in Uganda has collapsed into a fire sale.In the
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
