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
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
Kampala — Uganda’s communications regulator has ordered television broadcasters to immediately stop running split-screen advertisements during news and current affairs programmes, ruling that the practice violates national advertising and broadcasting standards.The directive follows a
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
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
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
National Unity Platform (NUP) leader Robert Kyagulanyi alias Bobi Wine, says he remains in hiding, claiming that he is still being pursued and threatened by the Chief of Defence Forces, General Muhoozi Kainerugaba.Kyagulanyi’s claims come amid a public war of words between the two on soc
Fears for the life of outgoing Butambala County MP Muhammad Muwanga Kivumbi have intensified after he was charged with terrorism and remanded to Kitalya Prison, a move that has unsettled opposition leaders and sharpened political anxiety across the country.Kivumbi, who also serves as the N
Security agencies have arrested five suspects in connection with a series of aggravated robberies within the Kampala Metropolitan Policing area including the killing of Afande ASP Emmanuel Bagenda.According to a statement issued by KMP Police spokesperson SP Rachael Kawala today Tuesday, 2
