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Umeme Issues Profit Warning, Cites Losses from Concession Exit

Umeme Issues Profit Warning, Cites Losses from Concession Exit

KAMPALA | Umeme Limited has warned shareholders and investors to expect another year of financial losses, marking the second consecutive year the company will close its books in the red, following the termination of its electricity distribution concession in Uganda.In a public notice issue

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REVEALED! How Nigeria’s Access Bank ‘Lies’, Strategic Errors Sunk Finance Trust Bank

REVEALED! How Nigeria’s Access Bank ‘Lies’, Strategic Errors Sunk Finance Trust Bank

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

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Uganda: Ssemakadde's Bid for Presidential Pardon Rejected

Uganda: Ssemakadde's Bid for Presidential Pardon Rejected

The Advisory Committee on the Prerogative of Mercy has declined to advise the President on granting clemency to exiled president of the Uganda Law Society, Isaac Ssemakadde.The decision, conveyed in a letter signed on behalf of the Solicitor General by John Bosco Rujagaata Suuza, director

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Ugandan Government Downplays Besigye’s Health Concerns Amid Family Dispute

Ugandan Government Downplays Besigye’s Health Concerns Amid Family Dispute

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

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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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Chaos reigns at Wakiso elections tally centre as results disputed by candidates

Chaos reigns at Wakiso elections tally centre as results disputed by candidates

Candidates reviewing results. Opposition NUP candidates alleged rigging, as their DR forms seemed not to tally with the results being declared by the returning officer.Wakiso, Uganda | THE INDEPENDENT | The tallying of votes from Wakiso’s recently concluded municipal elections has descen

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NRM Gov’t Chief Whip Denis Obua Whipped by Teacher in Ajuri MP Race

NRM Gov’t Chief Whip Denis Obua Whipped by Teacher in Ajuri MP Race

Alebtong — Uganda People’s Congress (UPC) candidate Fred Jalameso has been officially declared the winner of the Ajuri County parliamentary race after securing 16,336 votes, narrowly defeating National Resistance Movement (NRM) flag bearer and Chief Government Whip Denis Obua, who polled 15,5

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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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Three French Journalists Expelled From Uganda During Election Period

Three French Journalists Expelled From Uganda During Election Period

Kampala — Ugandan authorities expelled three French journalists from the country in January amid heightened controls around coverage of the presidential election in which incumbent Yoweri Museveni secured a seventh consecutive term.Among those affected was Bastien Renouil, an East Africa

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How Mukono returning officer declared two LC5 Chairpersons in one day

How Mukono returning officer declared two LC5 Chairpersons in one day

Drama unfolded in Mukono on Friday after the district returning officer declared two LC5 chairpersons in one day, triggering allegations of coercion, ballot stuffing, and military intimidation.In the heated Mukono Poll Drama: Two Chairpersons; NRM's Francis Lukooya Mukoome (L) and NUP's Jo

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