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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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President Museveni Wants UBC to Compete With BBC, CNN, Al Jazeera – Minister Baryomunsi

President Museveni Wants UBC to Compete With BBC, CNN, Al Jazeera – Minister Baryomunsi

Minister Chris Baryomunsi reveals President Museveni’s plan to fund UBC with UGX 30 billion annually so it can compete with global broadcasters like CNN, BBC and Al Jazeera.President Museveni Wants UBC to Compete With BBC, CNN, Al Jazeera – Minister BaryomunsiThe Minister of Inf

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BREAKING! Makerere Guild President Churchill Sentamu Heavily Defeated in Central Region Youth MP Race

BREAKING! Makerere Guild President Churchill Sentamu Heavily Defeated in Central Region Youth MP Race

Churchill James Sentamu, the current Makerere University Guild President and nephew to opposition leader Robert Kyagulanyi (Bobi Wine), has suffered a crushing defeat in the Central Region Youth Representative to Parliament race.Official results released by the Electoral Commission show th

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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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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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Why Bobi Wine might have risked an outdoor video

Why Bobi Wine might have risked an outdoor video

For a high-profile fugitive wanted by senior military commanders, releasing a public video from outdoors seemed counter-intuitive to many. Opposition leader Bobi Wine has been on the run since security forces surrounded his home in Magere on 16 January 2026 following the presidential elect

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Uganda: Inside Ssemujju's Bruising Defeat in Kira Municipality Race

Uganda: Inside Ssemujju's Bruising Defeat in Kira Municipality Race

Municipality parliamentary elections has sent shockwaves through Uganda's political circles, particularly given his long-standing status as one of the opposition's most vocal and recognisable figures.His loss to National Unity Platform (NUP) candidate George Musisi, a seasoned Kampala-base

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Kayunga District Report on the 2026 Elections and Post-Election Period Implicates Moses Karangwa

Kayunga District Report on the 2026 Elections and Post-Election Period Implicates Moses Karangwa

The 2026 general elections in Kayunga District have unveiled a shocking narrative involving allegations of electoral malpractice, intimidation, and political manipulation, with Moses Karangwa at the center of the storm. The election results have brought a considerable shift in political allegianc

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Polling Delays Across the Country As Voters Stay Away

Polling Delays Across the Country As Voters Stay Away

In Kasese, the polling exercise was delayed at most stations due to the absence of the required ten voters needed to witness the opening of the ballot boxes. By 10:00 a.m., fewer than 20 voters had turned up at most polling stations, while many others went about their daily activities, seemingly

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From Ssemujju, Mpuuga to Katuntu: Big names you’ll miss in Uganda’s 12th Parliament

From Ssemujju, Mpuuga to Katuntu: Big names you’ll miss in Uganda’s 12th Parliament

Uganda’s 2026 election has ousted many prominent MPs; including Mathias Mpuuga, Ibrahim Ssemujju, Abed Bwanika and Asuman Basalirwa, ushering in a new 12th Parliament and marking the exit of seasoned legislators from national politics.Kampala, Uganda: The 2026 parliamentary elections del

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