Uganda’s banking sector recorded strong growth in 2025, with total industry assets rising to Shs61.59 trillion from Shs53.12 trillion in 2024, according to an analysis of audited financial results by Business Focus.The results show that a handful of banks continue to dominate the industr
The Commercial Division of the High Court has launched an intensive two-week mediation exercise targeting more than 320 banking and credit-related disputes, in a move aimed at reducing case backlog and unlocking billions of shillings tied up in prolonged litigation.The initiative, conducte
The Ministry of Transport has announced that the Instant Management Fines System has gone live effective immediately.A public statement issued on Monday, March 9, 2026 by the National Transport and Safety Authority, (NTSA) says the new system will now issue traffic violation notifications
The appeal comes after Kenya Commercial Bank (KCB) Uganda threatened to sell the prime condominium unit at Plot 1, Fumu Lane unless $182,709 (about Shs 655 million) is cleared within 21 days. Friends of the late former PLU Vice President Cedric Ndilima Babu are considering launching a camp
KAMPALA, Uganda — The Rotary Club of Uptown Kampala hosted District Governor Geoffrey Kitakule on Feb. 14 to launch a community library aimed at empowering women and girls through increased access to education.The Mkazi Community Library was established in partnership with KCB Bank Ugand
The President of Kenya and Chairperson of the East African Community (EAC) William Samoei RutoKenya’s President William Ruto has called for an emergency summit of Heads of State of the East African Community (EAC) to attempt to deal with mounting financial crisis at the regional bloc.
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
KCB Bank Uganda has reaffirmed its commitment to environmental sustainability by leading two impactful Corporate Social Responsibility (CSR) initiatives in observance of World Environment Day,held under the theme “Ending Global Plastic Pollution.”To support this year’s th
After 14 years at the heart of Uganda’s sports and entertainment scene, Legends Rugby Grounds, popularly known as Legends, has officially shut its doors.The closure was confirmed in a public notice issued by management, citing the expiration of the venue’s lease on Plot 1 & 3 Sport
Several students have been arrested by police as they marched to KCB bank to protest against it's decision to debt fund the East African C
