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
Music star Eddy Kenzo has confirmed that he will not be attending this year’s Grammy Awards ceremony, despite earning a nomination.The award-winning singer, real name Edirisa Musuuza, revealed that he has too many duties and responsibilities to handle back home, making it impossible for
The Uganda People's Defence Forces (UPDF) has dismissed allegations that the army is hunting for National Unity Platform (NUP) president and former presidential candidate Robert Kyagulanyi Ssentamu.The denial was issued by the Acting Spokesperson of the Chief of Defence Forces, Col. Chris
The Uganda Peoples’ Defence Forces (UPDF) has elected 10 military representatives to Parliament following a vote by the Defence Forces Council electoral college, ahead of the 2026–2031 parliamentary term. The election, conducted in accordance with the Constitution of Uganda and the Par
Ugandan municipal elections were hit by low voter turnout and claims of fraud, with officials in Masaka and Soroti reporting ballot stuffing and arrests during the mayoral polls.Polling stations across Uganda were hit by a combination of low turnout and reports of widespread malpractice on
The Apac Municipality mayoral race tightened on Tuesday after police arrested the incumbent over alleged incitement, as rivals took an early lead in provisional results.Apac Municpality Incumbent Mayor, Patrick Ongom Eyul (UPC) left and Andrew Awany (Independent). Photo/Courtesy)Apa
Mwenda says unless radical changes are implemented within the next three months, the Uganda Civil Aviation Authority (UCAA) will be forced to ground the fleet or face global blacklisting by international regulators.Uganda Airlines is teetering on the brink of an international aviation ban
The cracks inside Standard Chartered Bank are no longer whispers — they are now headline news.As the British banking giant retreats from struggling markets, its top executives are heading for the exit and its once-proud retail empire in Uganda has collapsed into a fire sale.In the
Seoul, Jan 26 Samsung Electronics said on Monday it plans to provide treasury shares worth 175.2 billion won ...Samsung to offer treasury shares worth $120 million as bonuses | Samsung to offer treasury shares worth $120 million as bonusesSamsung to offer treasury shares worth $120
Former Tottenham star, Jermaine Jenas, has predicted the Premier League game between Arsenal and Manchester United.He thinks Arsenal might be surprised by Manchester United in their important Premier League game on Sunday.Mikel Arteta’s team are in a good position at the top of th
