Business •
08 Feb '26
The race for the Speakership in the 12th Parliament moved up a gear this week, with the two leading candidates ripping along at a cracking pace. Following Mr Norbert Mao’s opening gambit, in which the president-general of Uganda’s oldest party—the Democratic Party (DP)—made clear that “
Business •
06 Feb '26
Steven Tendo, a Ugandan minister and nursing assistant who moved to Vermont in 2021 while seeking asylum, was detained in Shelburne on Wednesday morning by federal immigration agents, according to the union he’s a part of and the advocacy group Migrant Justice.Tendo was detained by U.S.
Business •
05 Feb '26
Patrick Turyamureeba Payi has been re-elected as the Chairperson of Kitagwenda Town Council for a second term, securing a decisive victory in the just-concluded polls.Turyamureeba, the National Resistance Movement (NRM) flag bearer, was officially declared winner by the District Returning
Business •
04 Feb '26
Fear and whispered panic have gripped Next Media Services headquarters in Naguru after an internal memo hinted at a fresh round of restructuring that could leave dozens jobless.The memo, dated January 10, has sent shockwaves through the multi-media giant after management announced it was e
Business •
03 Feb '26
Political and business strategist Ronald Egesa says Uganda's democratic institutions have steadily lost their authority, with Parliament reduced to a ceremonial body operating under overwhelming executive control.Egesa argues that the prolonged consolidation of power in the presidency has
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 •
30 Jan '26
Hannington Ashaba, Acting Director of Budget at Uganda’s Ministry of Finance, has told NTV Business reporter Malcolm Musiime that the government plans to end decades of renting office space for the Uganda Tourism Board, moving to owned facilities to cut costs and boost sector efficiency. Speaki
Business •
27 Jan '26
The Hague, Netherlands — A self-styled “European Union Ambassador” of Uganda’s National Unity Platform (NUP), Dr Nico, who operates online under the alias @klup, was arrested on Thursday, January 22, 2026, in The Hague after attempting to stage an unauthorised protest near the premises of
Business •
27 Jan '26
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