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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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Vivo Energy Uganda commissions Mbale LPG plant to boost clean cooking access in Eastern region

Vivo Energy Uganda commissions Mbale LPG plant to boost clean cooking access in Eastern region

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

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Congo-Kinshasa: Conflicting Reports On the Assassination of Former President Kabila in Uvira

Congo-Kinshasa: Conflicting Reports On the Assassination of Former President Kabila in Uvira

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

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UCC POINTS AT BoU, TELCOS POINT AT UCC! Inside the Mobile Money shutdown mystery no one wants to own

UCC POINTS AT BoU, TELCOS POINT AT UCC! Inside the Mobile Money shutdown mystery no one wants to own

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

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Uganda Airlines faces international ban over gross mismanagement, warns Mwenda

Uganda Airlines faces international ban over gross mismanagement, warns Mwenda

Mwenda says unless radical changes are implemented within the next three months, the Uganda Civil Aviation Authority (UCAA) will be forced to ground the fleet or face global blacklisting by international regulators.Uganda Airlines is teetering on the brink of an international aviation ban

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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

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Ugandan Military Ordered To Capture Opposition Leader Bobi Wine ‘Dead Or Alive,’ President Museveni’s Son Says

Ugandan Military Ordered To Capture Opposition Leader Bobi Wine ‘Dead Or Alive,’ President Museveni’s Son Says

This was confirmed in a now-deleted X (formerly Twitter) post by President Museveni’s son Muhoozi Kainerugaba, who is Uganda’s Chief of Defence Forces (CDF).Ugandan President Yoweri Museveni has ordered the military to hunt and kill the country’s activist and National Unity Platform

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Uganda: Bobi's Brother Says Drones Spying On His Home

Uganda: Bobi's Brother Says Drones Spying On His Home

Singer Micheal Mukwaya, also known as Mikie Wine and younger brother of National Unity Platform (NUP) president Robert Kyagulanyi, has raised concerns about what he says are drones filming over his home.Mikie Wine, 43, has taken to social media to question why drones are "spying" on his pr

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Muyanja Ssenyonga Heads to Court over Contested Defeat

Muyanja Ssenyonga Heads to Court over Contested Defeat

Mukono Municipality MP Betty Nambooze Bakireke condemned what she described as interference by NRM officials in the electoral process, accusing them of coercing the returning officer into abandoning established procedures.CourtJohnson Muyanja Ssenyonga, a former Mukono District LC V

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