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Umeme Issues Profit Warning, Cites Losses from Concession Exit

Umeme Issues Profit Warning, Cites Losses from Concession Exit

KAMPALA | Umeme Limited has warned shareholders and investors to expect another year of financial losses, marking the second consecutive year the company will close its books in the red, following the termination of its electricity distribution concession in Uganda.In a public notice issue

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You’re an Opportunist”: PLU Fires Back at Minister Baryomunsi Over Remarks on Muhoozi

You’re an Opportunist”: PLU Fires Back at Minister Baryomunsi Over Remarks on Muhoozi

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.

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Muhoozi deletes controversial posts blaming Bobi Wine’s escape on US Embassy

Muhoozi deletes controversial posts blaming Bobi Wine’s escape on US Embassy

Reader modeMuhoozi deletes controversial posts blaming Bobi Wine’s escape on US Embassypulse.ug23hIn the now-deleted posts, Gen Muhoozi claimed that Uganda’s security cooperation with the United States had been undermined for nearly a decade by what he described as

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Finance Secures UGX 2.75 Trillion Financing Deals for Power, Water, and Roads

Finance Secures UGX 2.75 Trillion Financing Deals for Power, Water, and Roads

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

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High Court Orders IGP to Clarify Whereabouts of Missing NUP Leader

High Court Orders IGP to Clarify Whereabouts of Missing NUP Leader

The directive was issued by Justice Joyce Kavuma on Friday while hearing an application filed by Tukamushaba’s lawyers, who want the court to compel authorities to produce her or explain her whereabouts.The High Court in Kampala has ordered the Inspector General of Police (IGP) to clarif

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IT’S FAKE! State House disowns circulating Museveni letter approving Shs2.5 bn grant to “investor”

IT’S FAKE! State House disowns circulating Museveni letter approving Shs2.5 bn grant to “investor”

The State House of Uganda has said the letter making rounds on social media purportedly authored by President Yoweri Kaguta Museveni approving a Shs2.5 billion grant to an “investor” is fake.According to the Special Presidential Assistant- Press and Mobilization also Deputy Presidentia

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Gen Muhoozi Apologises to U.S. Over Uganda–US Military Cooperation Remarks

Gen Muhoozi Apologises to U.S. Over Uganda–US Military Cooperation Remarks

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

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REVEALED! How Nigeria’s Access Bank ‘Lies’, Strategic Errors Sunk Finance Trust Bank

REVEALED! How Nigeria’s Access Bank ‘Lies’, Strategic Errors Sunk Finance Trust Bank

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

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Parliament Approves Budget Framework Paper as MPs Return to Complete Appropriation

Parliament Approves Budget Framework Paper as MPs Return to Complete Appropriation

Parliament Approves Budget Framework Paper as MPs Return to Complete AppropriationParliament on Thursday approved the National Budget Framework Paper (NBFP) for FY 2026/27–2030/31, clearing the way for preparation of detailed budget estimates.The framework sets the fiscal andmonet

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Uganda: Ssemakadde's Bid for Presidential Pardon Rejected

Uganda: Ssemakadde's Bid for Presidential Pardon Rejected

The Advisory Committee on the Prerogative of Mercy has declined to advise the President on granting clemency to exiled president of the Uganda Law Society, Isaac Ssemakadde.The decision, conveyed in a letter signed on behalf of the Solicitor General by John Bosco Rujagaata Suuza, director

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