Business •
04 Feb '26
Syria—Damascus was still asleep when horror struck the home of legendary Syrian actress Huda Shaarawi, the woman millions knew as Umm Zaki. At around 5:00 a.m. last week Thursday morning, January 29, 2026, the 88-year-old star was bludgeoned to death while lying in her bed, her life ending viol
Business •
04 Feb '26
Sacked CEO Uganda Airlines, Jenifer BamuturakiThe Auditor General has raised fresh concerns over cash management at Uganda Airlines after revealing that hundreds of millions of shillings collected at the airline’s Juba office were never banked, adding to a growing trail of financial weak
Business •
04 Feb '26
Nairobi — Uganda's Chief of Defence Forces, General Muhoozi Kainerugaba, fired back at U.S. Senate Foreign Relations Committee Chairman Jim Risch over remarks suggesting that Uganda had crossed a "red line" in its military cooperation with the United States.The controversy erupted after
Business •
02 Feb '26
The Patriotic League of Uganda (PLU) pressure group has sharply criticized the Minister of ICT and National Guidance, Dr. Chris Baryomunsi, following his public remarks distancing government from controversial social media posts by the Chief of Defence Forces (CDF), Gen. Muhoozi Kainerugaba.
Business •
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 •
30 Jan '26
The government, through the Ministry of Finance, Planning and Economic Development, has reduced the preliminary resource envelope for the 2026/27 financial year to Shs69.399 trillion, reflecting a tighter fiscal stance even as efforts intensify to boost domestic revenue and reduce reliance on bor
Business •
30 Jan '26
The government, through the Ministry of Finance, Planning and Economic Development, has reduced the preliminary resource envelope for the 2026/27 financial year to Shs69.399 trillion, reflecting a tighter fiscal stance even as efforts intensify to boost domestic revenue and reduce reliance on bor
Business •
30 Jan '26
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
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 •
28 Jan '26
In a hard-hitting message to President Yoweri Museveni, Justice Dr. Esther Kitimbo Kisaakye, Former Justice of the Supreme Court of Uganda, has told the 81-year-old president that if he genuinely won the January 15 general election, then he should do 10 things to put his house in order. Before we