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Finance Secures UGX 2.75 Trillion Financing Deals for Power, Water, and Roads

Finance Secures UGX 2.75 Trillion Financing Deals for Power, Water, and Roads

The Government of Uganda has signed financing agreements worth UGX 2.747 trillion to fund three major infrastructure projects aimed at strengthening power transmission, expanding water and sanitation services, and upgrading a key road corridor. The projects will be financed through externa

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Gen Muhoozi Apologises to U.S. Over Uganda–US Military Cooperation Remarks

Gen Muhoozi Apologises to U.S. Over Uganda–US Military Cooperation Remarks

KAMPALA — Uganda’s Chief of Defence Forces, Muhoozi Kainerugaba, has apologised to the United States and formally walked back earlier social media remarks that had cast doubt on ongoing military cooperation between Kampala and Washington.In a statement posted on X on Friday morning, Ge

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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

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Mpuuga, Sseggona and Basalirwa Show Solidarity with Detained MP

Mpuuga, Sseggona and Basalirwa Show Solidarity with Detained MP

Hon. Mathias Mpuuga, Hon. Medard Lubega Sseggona and Hon. Asuman Basalirwa visited Butambala County MP, Mohammed Muwanga Kivumbi, at Kitalya Prison today, where he is being held on charges of terrorism. The visit was confirmed by the Democrat Front Party, which shared the update along with a phot

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Parliament Approves Budget Framework Paper as MPs Return to Complete Appropriation

Parliament Approves Budget Framework Paper as MPs Return to Complete Appropriation

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

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Youth MP Elections 2026: Arrests Over Forged Delegate Cards, Noise over Facilitation Money, Massive Voter Bribery

Youth MP Elections 2026: Arrests Over Forged Delegate Cards, Noise over Facilitation Money, Massive Voter Bribery

Youth delegates are voting for youth MPs across the country. The youth MP elections 2026 are being held at different regional locations. The Pearl Times is following up on the elections.For Eastern Uganda, over 2,000 delegates are voting for their MP at the Islamic University in Uganda (IU

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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

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Museveni remains key to peace in Uganda and the region

Museveni remains key to peace in Uganda and the region

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

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UNEB to release 2025 PLE results this Friday

UNEB to release 2025 PLE results this Friday

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,

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Uganda: UPDF Denies Witch-Hunt of Bobi Wine

Uganda: UPDF Denies Witch-Hunt of Bobi Wine

The Uganda People's Defence Forces (UPDF) has dismissed allegations that the army is hunting for National Unity Platform (NUP) president and former presidential candidate Robert Kyagulanyi Ssentamu.The denial was issued by the Acting Spokesperson of the Chief of Defence Forces, Col. Chris

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