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
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.
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
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
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
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
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
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
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
Kampala — Ugandan authorities expelled three French journalists from the country in January amid heightened controls around coverage of the presidential election in which incumbent Yoweri Museveni secured a seventh consecutive term.Among those affected was Bastien Renouil, an East Africa
