President Yoweri Museveni has directed the Bank of Uganda (BoU) to halt threats and directives aimed at forcing Savings and Credit Cooperative Organisations (Saccos) to apply for licences, arguing that the Central Bank should limit its role to oversight rather than direct control.The direc
Kampala — Uganda’s flagship hydropower projects are operating far below their available generation capacity, raising concerns over revenue shortfalls and the country’s ability to service billions of dollars in Chinese loans used to build the plants, the Auditor General has warned.In
Speaking at the official release of the 2025 PLE results, UNEB Board Chair Celestine Obua said the board was determined to reintroduce proposals first tabled in 2021 to reform how PLE results are graded and reported.The Uganda National Examinations Board (UNEB) has renewed plans to abolish
Speaking at the official release of the 2025 PLE results, UNEB Board Chair Celestine Obua said the board was determined to reintroduce proposals first tabled in 2021 to reform how PLE results are graded and reported.The Uganda National Examinations Board (UNEB) has renewed plans to abolish
The Government of Uganda has signed financing agreements worth UGX 2.747 trillion to fund three major infrastructure projects aimed at strengthening power transmission, expanding water and sanitation services, and upgrading a key road corridor. The projects will be financed through externa
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
Inspire Africa Group CEO Nelson Tugume says Uganda is positioning itself to become a global coffee destination through the development of the Smart Coffee City, building on the progress already made at the Africa Coffee Park in Ntungamo District.Speaking on NBS Morning Breeze, Tugume said
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
Hannington Ashaba, Acting Director of Budget at Uganda’s Ministry of Finance, has told NTV Business reporter Malcolm Musiime that the government plans to end decades of renting office space for the Uganda Tourism Board, moving to owned facilities to cut costs and boost sector efficiency. Speaki
Several senior NRM figures opposed the endorsement of Speaker Anita Among and Deputy Speaker Thomas Tayebwa during a closed-door party meeting, but President Museveni overruled the dissent and rallied the party behind the duo’s second-term bid.Influential figures within the ruling Nation
