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Finance Trust Bank to surrender commercial license for Tier II status

Finance Trust Bank to surrender commercial license for Tier II status

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

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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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Ugandan Military Ordered To Capture Opposition Leader Bobi Wine ‘Dead Or Alive,’ President Museveni’s Son Says

Ugandan Military Ordered To Capture Opposition Leader Bobi Wine ‘Dead Or Alive,’ President Museveni’s Son Says

This was confirmed in a now-deleted X (formerly Twitter) post by President Museveni’s son Muhoozi Kainerugaba, who is Uganda’s Chief of Defence Forces (CDF).Ugandan President Yoweri Museveni has ordered the military to hunt and kill the country’s activist and National Unity Platform

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Come Out of Hiding & Lead People in Demanding NUP’s Vote Victory as You Promised: Yusuf Nsibambi Dares Bobi Wine

Come Out of Hiding & Lead People in Demanding NUP’s Vote Victory as You Promised: Yusuf Nsibambi Dares Bobi Wine

Come Out of Hiding & Lead People in Demanding NUP’s Vote Victory as You Promised: Yusuf Nsibambi Dares Bobi WineSaying they are not morally as clean as they claim, defeated Mawokota South MP Yusuf Nsibambi has castigated the Greater Mpigi top Catholic Church leaders, insisting that i

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Gen Muhoozi Warns of Reciprocal Sanctions as U.S. Lawmakers Question Uganda Polls

Gen Muhoozi Warns of Reciprocal Sanctions as U.S. Lawmakers Question Uganda Polls

Uganda’s Chief of Defence Forces Muhoozi Kainerugaba has warned that Uganda could retaliate against any U.S. sanctions imposed on him or the country, escalating diplomatic tensions after senior American lawmakers questioned the credibility of Uganda’s recent elections.In a series of po

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YouTuber IShowSpeed Hits 50m Subscribers In Nigeria On Africa Tour

YouTuber IShowSpeed Hits 50m Subscribers In Nigeria On Africa Tour

US YouTuber IShowSpeed visited Nigeria’s cultural and economic capital Lagos as part of his African tour on Wednesday, where he celebrated his 21st birthday by hitting 50 million subscribers.The YouTube and Twitch star’s tour kicked off on December 29, travelling through some 15 countr

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OWEYEGHA AFUNADUULA: The Silent Disappearance: Land, Loans, and the Systemic Unmaking of Uganda’s Clan-Based Civilizations

OWEYEGHA AFUNADUULA: The Silent Disappearance: Land, Loans, and the Systemic Unmaking of Uganda’s Clan-Based Civilizations

Preamble: A Warning from the SourceWe issue this not as a lament, but as a diagnosis of a living crisis. We document not a natural passing, but a designed dismantling. The clan-based cultural groups of Uganda—ancient, sophisticated systems of ecological governance and social belonging—

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From Ballot Box to Terror Docket: Inside the Case Against Muwanga Kivumbi

From Ballot Box to Terror Docket: Inside the Case Against Muwanga Kivumbi

KAMPALA — What began as a fiercely contested parliamentary race in rural Butambala has now hardened into one of the most consequential legal battles of Uganda’s post-election moment.Muwanga Kivumbi, a veteran opposition legislator and vice president for Buganda of the National Unity Pl

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Uganda: Accidents - Pressure Mounts for Uganda to Roll Out Road Camera System

Uganda: Accidents - Pressure Mounts for Uganda to Roll Out Road Camera System

Ugandans are cautiously welcoming the return of a smart road enforcement initiative that will be reintroduced on a pilot basis in high-risk locations before a phased national rollout begins in 2026. This all as pressure mounts to curb persistent road carnage.The Electronic Penalty System (

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Police Hunt SPC Othieno for Abusing President and IGP Online

Police Hunt SPC Othieno for Abusing President and IGP Online

Police in Tororo District are actively searching for a police officer accused of misusing social media to insult the President of Uganda and the Inspector General of Police. The incident involves SPC Othieno Isaac, a Japadhola man attached to Osukuru Police Station and resident of Kayoro Sub-Coun

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