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
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
President William Ruto has appointed Canon Dr. Ida Betty Odinga, widow of the late former Prime Minister Raila Amolo Odinga, as Kenya’s Ambassador and Permanent Representative to the United Nations Environment Programme (UNEP). The announcement, issued on Friday, by Chief of Staff and Head of t
In Kampala and Wakiso, politics has narrowed to something brutally simple.Voters are no longer weighing ideology or history. They are measuring clinics without drugs, schools without teachers, roads that flood, and services that exist on paper but not in life.For President Museveni,
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
Apac, Uganda: As Christians across the country marked Christmas with prayer and family gatherings, Hon Jimmy Akena, the President of the Uganda People’s Congress (UPC), spent the festive day fishing on the calm waters of Akokoro Sub-county before delivering a pointed political message that sign
The United States Ambassador to Uganda, H.E. William Popp, is among nearly 30 ambassadors and senior overseas diplomats quietly recalled by the Trump administration as part of a wide-ranging reshuffle at the State Department, according to a report by The Guardian. The recalls, which were c
With funding (Shs850bn) from World Bank, the GoU is continuing to use the PSFU-implemented GROW project to avail low-cost loans (at just 10% interest per annum) to hundreds of female entrepreneurs to enable them sustain, grow, expand and diversify their businesses while breaking into areas that h
Beneath the glossy billboards bragging about 5G speeds and “Digital Uganda Vision 2040,” a far darker story is unfolding in the dust and heat of Uganda’s network extension sites. While Huawei basks in praise for powering Uganda’s next-generation networks
