Business •
02 Feb '26
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
Business •
02 Feb '26
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
Business •
02 Feb '26
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
Business •
31 Jan '26
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
Business •
31 Jan '26
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
Business •
30 Jan '26
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
Business •
29 Jan '26
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
Business •
29 Jan '26
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.
Business •
29 Jan '26
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
Business •
28 Jan '26
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