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Museveni halts Central Bank directive on Sacco licensing

Museveni halts Central Bank directive on Sacco licensing

President Yoweri Museveni has directed the Bank of Uganda (BoU) to halt threats and directives aimed at forcing Savings and Credit Cooperative Organisations (Saccos) to apply for licences, arguing that the Central Bank should limit its role to oversight rather than direct control.The direc

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Man Utd transfer news: Cole Palmer details emerge as double swoop prepared

Man Utd transfer news: Cole Palmer details emerge as double swoop prepared

Transfer deadline day has arrived and Manchester United have just hours remaining to complete any deals. The Red Devils must finalise any last-minute business by 7pm this evening. Michael Carrick has enjoyed a flawless beginning to life as manager at Old Trafford, with United securing a thrilling

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NUP Mobilization Head Habib Buwembo’s Silence After Returning from Prison Discomforts, Worries Kavule

NUP Mobilization Head Habib Buwembo’s Silence After Returning from Prison Discomforts, Worries Kavule

NUP’s head of political mobilisation Habib Buwembo, who a newspaper sometime back profiled as a Ugandan activist who calls prison his second home, has all of a sudden fallen silent.Over the years, he has been jailed countless times over his relentless activism and street protests and was

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Shs 5.3tn Karuma Dam Delivers Only 30% of Installed Power Capacity, Threatens Loan Repayments

Shs 5.3tn Karuma Dam Delivers Only 30% of Installed Power Capacity, Threatens Loan Repayments

Kampala — Uganda’s flagship hydropower projects are operating far below their available generation capacity, raising concerns over revenue shortfalls and the country’s ability to service billions of dollars in Chinese loans used to build the plants, the Auditor General has warned.In

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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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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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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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Baryomunsi attributes Post-Election Violence to “Criminal Gangs” hiding Behind Opposition actors

Baryomunsi attributes Post-Election Violence to “Criminal Gangs” hiding Behind Opposition actors

Chris Baryomunsi, the Minister of ICT and National Guidance, has issued a stern warning against groups attempting to destabilize Uganda following the 2026 general elections, characterizing certain opposition activities as the work of “criminal gangs” hiding behind political activism.In

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