Business •
03 Feb '26
Political and business strategist Ronald Egesa says Uganda's democratic institutions have steadily lost their authority, with Parliament reduced to a ceremonial body operating under overwhelming executive control.Egesa argues that the prolonged consolidation of power in the presidency has
Business •
03 Feb '26
Kampala — President Museveni has moved to remove Jenifer Bamuturaki as Chief Executive Officer (CEO) of Uganda Airlines, following a State House meeting held in September 2025 that reviewed mounting governance failures, disputed aircraft procurement decisions and growing financial losses at the
Business •
02 Feb '26
Kampala — Uganda’s Auditor General has raised concerns over the effectiveness of the country’s tax register, revealing that only about 20% of registered taxpayers are active, despite a sharp expansion in registrations in the financial year ended June 30, 2025.According to the Auditor
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02 Feb '26
Masaka– Newly elected Bukoto East Member of Parliament Hon. Sarah Babirye Kityo has advised President Yoweri Kaguta Museveni to strengthen the National Resistance Movement’s (NRM) foothold in the Central Region by fostering closer ties with communities through regular consultations and engage
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31 Jan '26
It is now established that the building is the abandoned IK Musaazi International Medical Research Centre, a project whose construction stalled over 20 years agoFresh information has emerged about the location where opposition leader Bobi Wine recorded one of his most talked-about videos s
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31 Jan '26
President Museveni claimed that one million fake ballots were printed locally in Kampala, while 1.7 million were printed in Dubai and smuggled into Uganda, allegations he said were uncovered after the previous election cycle.Kampala, Uganda: President Yoweri Kaguta Museveni has alleged tha
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31 Jan '26
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
Business •
29 Jan '26
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
Business •
29 Jan '26
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
Business •
27 Jan '26
The cracks inside Standard Chartered Bank are no longer whispers — they are now headline news.As the British banking giant retreats from struggling markets, its top executives are heading for the exit and its once-proud retail empire in Uganda has collapsed into a fire sale.In the