MTN Uganda shares have staged a strong rally on the Uganda Securities Exchange (USE), delivering massive gains to its largest local investors in just eight weeks as the stock surged by Shs116 per share.By November 25, 2025, MTN Uganda shares were trading at Shs312. By February 6, 2026, the
The Kampala Capital City Authority (KCCA) Mortuary witnessed a disturbing trend in 2025, receiving hundreds of unclaimed bodies, according to the Directorate of Police Health Services’ annual report.Out of 723 unknown bodies admitted to the mortuary over the year, only 214 were claimed b
President Yoweri Museveni has inaugurated PRO Industries, the largest ethanol plant in East Africa, highlighting the $100-million investment as a significant advancement for Uganda’s agro-industrialization, clean energy production, and job creation.Located in Luwero District in central U
The Government of Uganda has signed financing agreements worth UGX 2.747 trillion to fund three major infrastructure projects aimed at strengthening power transmission, expanding water and sanitation services, and upgrading a key road corridor. The projects will be financed through externa
KAMPALA — Uganda’s Chief of Defence Forces, Muhoozi Kainerugaba, has apologised to the United States and formally walked back earlier social media remarks that had cast doubt on ongoing military cooperation between Kampala and Washington.In a statement posted on X on Friday morning, Ge
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
Gold prices surged beyond $5,000 per ounce for the first time, as investors rushed to the safe-haven asset as concern spread that US President Donald Trump is upending relations with key allies from Europe to Canada.In this year’s first 26 days, the price of gold has jumped 15%, building
An offer made 16 years ago to sell 500 Bitcoin (CRYPTO: BTC) for just $1 is trending online.The world’s largest cryptocurrency exchange, Binance, celebrated Bitcoin’s valuation surge by sharing a 2010 Bitcointalk post on X. In the post, a user offered a digital image for 500 BTC, which
The opposition Forum for Democratic Change (FDC) president, Patrick Amuriat has suffered a humiliating defeat in the recently concluded general elections.Amuriat who in 2021 contested for president, was this time contesting to represent Kanyum county, Kumi district in parliament.The
Wataka claims he was erroneously diagnosed with the virus back in 2016 and forced to commence Antiretroviral treatment for over 7 years, only to discover that he was negative.A man in Jinja district has sued The AIDS Support Organisation (TASO) over an alleged erroneous HIV diagnosis that
