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
In a candid revelation that has set tongues wagging across Lango, Uganda People’s Congress (UPC) President Jimmy Akena has pulled back the curtain on the fierce battle that dethroned Government Chief Whip Denis Hamson Obua in Ajuri County. Speaking on QFM Lira, Akena declared he harbors no grud
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
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
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
Mbale, Uganda | THE INDEPENDENT | Vivo Energy Uganda has commissioned a Liquefied Petroleum Gas (LPG) filling and storage plant in Mbale City as part of its strategy to expand access to clean, safe and reliable cooking energy in Eastern Uganda.The facility was commissioned by Mbale City De
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
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
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
Chris Baryomunsi, the Minister of ICT and National Guidance, has issued a stern warning against groups attempting to destabilize Uganda following the 2026 general elections, characterizing certain opposition activities as the work of “criminal gangs” hiding behind political activism.In
