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
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
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
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
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
Several senior NRM figures opposed the endorsement of Speaker Anita Among and Deputy Speaker Thomas Tayebwa during a closed-door party meeting, but President Museveni overruled the dissent and rallied the party behind the duo’s second-term bid.Influential figures within the ruling Nation
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
The Apac Municipality mayoral race tightened on Tuesday after police arrested the incumbent over alleged incitement, as rivals took an early lead in provisional results.Apac Municpality Incumbent Mayor, Patrick Ongom Eyul (UPC) left and Andrew Awany (Independent). Photo/Courtesy)Apa
In a hard-hitting message to President Yoweri Museveni, Justice Dr. Esther Kitimbo Kisaakye, Former Justice of the Supreme Court of Uganda, has told the 81-year-old president that if he genuinely won the January 15 general election, then he should do 10 things to put his house in order. Before we
The number of people feared dead following a tragic accident at Karuma Bridge in Nwoya District is expected to rise to seven after a truck plunged into the River Nile on Tuesday morning. The incident involved a Fuso truck, registration number UAY 284Q, which was transporting maize from Lelabaro T
