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
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
ALEBTONG, Uganda — Uganda Peoples Congress candidate Fred Jalameso pulled off a major political upset Tuesday, defeating Government Chief Whip Denis Hamson Obua in a repeat election for the Ajuri County parliamentary seat.Jalameso, a teacher making his first foray into elective politics,
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
The Apac Municipality mayoral race tightened on Tuesday after police arrested the incumbent over alleged incitement, as rivals took an early lead in provisional results.Apac Municpality Incumbent Mayor, Patrick Ongom Eyul (UPC) left and Andrew Awany (Independent). Photo/Courtesy)Apa
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
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
Reader modeUganda: Museveni Outlines 5-Year Agenda Amid Deadly Crackdown On Oppositionallafrica.com19hNairobi — President Yoweri Museveni has set out his priorities for a new term in office, pledging to safeguard peace and security, eradicate household poverty, stren
PDM beneficiary Damali Nakayenga (R) chats with President Museveni as she leads him to her piggery farm at her home in Kikoma, Wobulenzi town on Tuesday (PHOTO/ PPU)KAMPALA – In 2021, the National Resistance Movement faced a political crisis in Buganda. President Yoweri Museveni’s part
It’s been decades since I read a book as compelling as Prof Mahmood Mamdani’s extraordinary tour de force on Uganda. For most open-minded readers, this book will shake some deeply-entrenched mainstream myths and fallacies that have been inculcated and nurtured by powerful national and global
