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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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Museveni remains key to peace in Uganda and the region

Museveni remains key to peace in Uganda and the region

President Yoweri Museveni’s attempts to bring stability and lasting peace back to Uganda are a clear example of his legacy. After the country gained independence in 1962 and struggled to get going for the next two decades, he stepped in and played a key role in putting an end to the bloody wars

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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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Sarah Bireete granted Shs.1m cash Bail

Sarah Bireete granted Shs.1m cash Bail

Human rights lawyer and civic activist Dr. Sarah Bireete, the Executive Director of the Centre for Constitutional Governance (CCG), has been granted bail, weeks after her arrest and remand to Luzira Prison in a case that sparked widespread public debate and concern among civil society groups.

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UCC POINTS AT BoU, TELCOS POINT AT UCC! Inside the Mobile Money shutdown mystery no one wants to own

UCC POINTS AT BoU, TELCOS POINT AT UCC! Inside the Mobile Money shutdown mystery no one wants to own

As mobile money services finally flicker back to life, one thing remains completely offline: accountability.For nearly a week during the tense election period, millions of Ugandans were left stranded — unable to withdraw their own money, forced to beg agents, ration transactions, or in s

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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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WHO’S EATING UGANDA’S GOLD MONEY? Foreign Firms Cash in as Ugandans remain poor

WHO’S EATING UGANDA’S GOLD MONEY? Foreign Firms Cash in as Ugandans remain poor

Uganda is sitting on a gold rush worth billions — but for most citizens, the shine stops at the headlines.Gold exports have exploded over the past decade, rebounding strongly after a brief slump in 2022/23 caused by a tax dispute that temporarily halted exports. By 2025, Uganda’s gold

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Uganda: Museveni Mourns Mother of Former Rebel Leader Francis Eregu, Hails Her As Symbol of Reconciliation

Uganda: Museveni Mourns Mother of Former Rebel Leader Francis Eregu, Hails Her As Symbol of Reconciliation

President Museveni has mourned the passing of Ajelena Aero, mother of former rebel commander Francis Eregu--widely known by his nom de guerre "Hitler"--describing her as a beacon of forgiveness, resilience, and national unity for her role in bridging painful chapters of Uganda's past.Aero,

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Uganda: Museveni Outlines 5-Year Agenda Amid Deadly Crackdown On Opposition

Uganda: Museveni Outlines 5-Year Agenda Amid Deadly Crackdown On Opposition

Reader modeUganda: Museveni Outlines 5-Year Agenda Amid Deadly Crackdown On Oppositionallafrica.com19hNairobi — President Yoweri Museveni has set out his priorities for a new term in office, pledging to safeguard peace and security, eradicate household poverty, stren

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Police Allowed Opposition to Intimidate NRM Supporters – Museveni

Police Allowed Opposition to Intimidate NRM Supporters – Museveni

President Yoweri Museveni has accused the police of negligence, alleging that they allowed opposition supporters to intimidate members of the ruling National Resistance Movement (NRM), thereby preventing some from voting during the January 15 presidential and parliamentary elections.Museve

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