Uganda’s flag carrier has this week made headlines for all the wrong reasons after it was revealed that Jenifer Bamuturaki, the Chief Executive Officer, will not serve in the position beyond July. The departure comes after the national carrier received a bad rap following a string of governance
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
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
Human rights lawyer and civic activist Dr. Sarah Bireete, the Executive Director of the Centre for Constitutional Governance (CCG), has been granted bail, weeks after her arrest and remand to Luzira Prison in a case that sparked widespread public debate and concern among civil society groups.
Arrested China national known as Lin Haiyun and the illegal equipment he has been operating.Authorities have dismantled an illegal gaming machine manufacturing facility in Soroti Town, arresting a Chinese national in an intensified crackdown on unlawful gambling activities.The opera
Works Minister Katumba Wamala says land compensation for the Nakawuka road project has hit 400 billion shillings, exceeding the 340 billion construction cost.Works Minister Katumba Wamala says land compensation for the Nakawuka road project has hit 400 billion shillings, exceeding the 340
There are moments in a nation’s life when an external decision, seemingly adverse, even unfair, forces an uncomfortable but necessary reckoning.The recent tightening of United States visa conditions for Ugandans, including the introduction of substantial visa bonds, is one such moment. I
The National Resistance Movement (NRM) has released the fourth and final tranche of facilitation funds for parish-based grassroots mobilisation, marking a key milestone in the party’s nationwide preparations ahead of the 2026 elections.In a formal communication dated January 6, 2026, the
2025 has been of both challenges and opportunities. We’ve continued to deepen access to our services and extend financial inclusion to the underserved. By the end of this year, we’re looking at over 14.5 million individual users, which is a significant jump from 13.8 million in 2024. Our targ
Whether you’re facing unexpected expenses, need to pay school fees, or want to grab a timely opportunity, Equity Bank Uganda’s salary loans are designed to support your financial goals quickly and conveniently.Here’s a complete guide on how to apply, what you’ll need, and how to ma
