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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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Tugume Says Coffee City Will Turn Uganda into a Global Coffee Destination

Tugume Says Coffee City Will Turn Uganda into a Global Coffee Destination

Inspire Africa Group CEO Nelson Tugume says Uganda is positioning itself to become a global coffee destination through the development of the Smart Coffee City, building on the progress already made at the Africa Coffee Park in Ntungamo District.Speaking on NBS Morning Breeze, Tugume said

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EC orders for Opening of Sealed Black Boxes in Kawempe Mayoral Race Vote Recount

EC orders for Opening of Sealed Black Boxes in Kawempe Mayoral Race Vote Recount

Kampala District Returning Officer, Jennifer Kyobutungi has ordered the opening of sealed black boxes containing election materials from Kawempe Division after failing to declare a winner in the division’s mayoral race, following competing victory claims by the leading candidates.The dec

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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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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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Vivo Energy Uganda commissions Mbale LPG plant to boost clean cooking access in Eastern region

Vivo Energy Uganda commissions Mbale LPG plant to boost clean cooking access in Eastern region

Mbale, Uganda | THE INDEPENDENT | Vivo Energy Uganda has commissioned a Liquefied Petroleum Gas (LPG) filling and storage plant in Mbale City as part of its strategy to expand access to clean, safe and reliable cooking energy in Eastern Uganda.The facility was commissioned by Mbale City De

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UNEB to release 2025 PLE results this Friday

UNEB to release 2025 PLE results this Friday

The Uganda National Examinations Board will release the 2025 PLE results this Friday, Jan. 30. Get details on candidate performance and the revised 2026 school calendarKAMPALA — The Uganda National Examinations Board will release the 2025 Primary Leaving Examination results this Friday,

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Uganda: UPDF Denies Witch-Hunt of Bobi Wine

Uganda: UPDF Denies Witch-Hunt of Bobi Wine

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

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Mr. President, if you Genuinely Won, Then… 10 Things Exiled Ex-Supreme Court Judge is Asking Museveni to Do

Mr. President, if you Genuinely Won, Then… 10 Things Exiled Ex-Supreme Court Judge is Asking Museveni to Do

In a hard-hitting message to President Yoweri Museveni, Justice Dr. Esther Kitimbo Kisaakye, Former Justice of the Supreme Court of Uganda, has told the 81-year-old president that if he genuinely won the January 15 general election, then he should do 10 things to put his house in order. Before we

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Uganda Airlines faces international ban over gross mismanagement, warns Mwenda

Uganda Airlines faces international ban over gross mismanagement, warns Mwenda

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

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