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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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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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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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Mpuuga, Sseggona and Basalirwa Show Solidarity with Detained MP

Mpuuga, Sseggona and Basalirwa Show Solidarity with Detained MP

Hon. Mathias Mpuuga, Hon. Medard Lubega Sseggona and Hon. Asuman Basalirwa visited Butambala County MP, Mohammed Muwanga Kivumbi, at Kitalya Prison today, where he is being held on charges of terrorism. The visit was confirmed by the Democrat Front Party, which shared the update along with a phot

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Bobi Wine’s Home Is Not a Prison – Government

Bobi Wine’s Home Is Not a Prison – Government

The government has rejected claims by the opposition National Unity Platform (NUP) that security forces have turned the home of party leader Robert Kyagulanyi Ssentamu, popularly known as Bobi Wine, into a prison.Speaking in Parliament on Thursday, Minister of Internal Affairs Gen. David M

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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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Lord Elektra apologizes to Christine Nampeera after public fallout

Lord Elektra apologizes to Christine Nampeera after public fallout

Content creator Lord Elektra, real name Kyomuhangi Betnah, has publicly apologized to Christine Nampeera Tendo following a dramatic fallout that recently saw her spend a night in jail.The two, who had long presented themselves online as close “besties,” took to their respective Instagr

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UCC Orders TV Stations to Stop Split-Screen Ads in News Shows

UCC Orders TV Stations to Stop Split-Screen Ads in News Shows

Kampala — Uganda’s communications regulator has ordered television broadcasters to immediately stop running split-screen advertisements during news and current affairs programmes, ruling that the practice violates national advertising and broadcasting standards.The directive follows a

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Muhammad Muwanga Kivumbi

Muhammad Muwanga Kivumbi

Fears for the life of outgoing Butambala County MP Muhammad Muwanga Kivumbi have intensified after he was charged with terrorism and remanded to Kitalya Prison, a move that has unsettled opposition leaders and sharpened political anxiety across the country.Kivumbi, who also serves as the N

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Standard Chartered boss throws in the towel as bank struggles deepen in Uganda and Kenya

Standard Chartered boss throws in the towel as bank struggles deepen in Uganda and Kenya

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

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