Search Results

LIBYA TURMOIL! Gaddafi son Saif al-Islam gunned down

LIBYA TURMOIL! Gaddafi son Saif al-Islam gunned down

Saif al-Islam Gaddafi, the son of the longtime former Libyan leader Muammar Gaddafi, has been killed in Libya.Ahmed Khalifa, an Al Jazeera Arabic correspondent in the North African country, said on Tuesday that Gaddafi is believed to have been shot and killed in the western Libyan city of

Ultimate Uganda

Sarah Bateta Okwi Appointed Acting MTN Mobile Money CEO as Richard Yego Steps Down

Sarah Bateta Okwi Appointed Acting MTN Mobile Money CEO as Richard Yego Steps Down

MTN Mobile Money Uganda has announced a major leadership transition, with Chief Finance Officer Sarah Bateta Okwi appointed Acting Managing Director and CEO, following the decision by Richard Yego to step down from his role.According to official communication from the company, Yego will ex

Ultimate Uganda

Umeme Issues Profit Warning, Cites Losses from Concession Exit

Umeme Issues Profit Warning, Cites Losses from Concession Exit

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

Ultimate Uganda

REVEALED! How Nigeria’s Access Bank ‘Lies’, Strategic Errors Sunk Finance Trust Bank

REVEALED! How Nigeria’s Access Bank ‘Lies’, Strategic Errors Sunk Finance Trust Bank

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

Ultimate Uganda

Finance Trust Bank to surrender commercial license for Tier II status

Finance Trust Bank to surrender commercial license for Tier II status

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

Ultimate Uganda

Ugandan Government Downplays Besigye’s Health Concerns Amid Family Dispute

Ugandan Government Downplays Besigye’s Health Concerns Amid Family Dispute

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

Ultimate Uganda

BREAKING! Makerere Guild President Churchill Sentamu Heavily Defeated in Central Region Youth MP Race

BREAKING! Makerere Guild President Churchill Sentamu Heavily Defeated in Central Region Youth MP Race

Churchill James Sentamu, the current Makerere University Guild President and nephew to opposition leader Robert Kyagulanyi (Bobi Wine), has suffered a crushing defeat in the Central Region Youth Representative to Parliament race.Official results released by the Electoral Commission show th

Ultimate Uganda

WHO’S EATING UGANDA’S GOLD MONEY? Foreign Firms Cash in as Ugandans remain poor

WHO’S EATING UGANDA’S GOLD MONEY? Foreign Firms Cash in as Ugandans remain poor

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

Ultimate Uganda

Self-Styled NUP “EU Ambassador” Dr Nico Arrested in The Hague Over Unauthorized ICC Protest

Self-Styled NUP “EU Ambassador” Dr Nico Arrested in The Hague Over Unauthorized ICC Protest

The Hague, Netherlands — A self-styled “European Union Ambassador” of Uganda’s National Unity Platform (NUP), Dr Nico, who operates online under the alias @klup, was arrested on Thursday, January 22, 2026, in The Hague after attempting to stage an unauthorised protest near the premises of

Ultimate Uganda

Gen Muhoozi Warns of Reciprocal Sanctions as U.S. Lawmakers Question Uganda Polls

Gen Muhoozi Warns of Reciprocal Sanctions as U.S. Lawmakers Question Uganda Polls

Uganda’s Chief of Defence Forces Muhoozi Kainerugaba has warned that Uganda could retaliate against any U.S. sanctions imposed on him or the country, escalating diplomatic tensions after senior American lawmakers questioned the credibility of Uganda’s recent elections.In a series of po

Ultimate Uganda