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PFF demands audit of 2026 elections

PFF demands audit of 2026 elections

Kampala, Uganda | THE INDEPENDENT | The People’s Front for Freedom has called for an independent audit of Uganda’s 2026 general elections. They accuse the Electoral Commission (EC), the military and state security agencies of presiding over what it described as an “industrial-scale electora

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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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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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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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Finance Secures UGX 2.75 Trillion Financing Deals for Power, Water, and Roads

Finance Secures UGX 2.75 Trillion Financing Deals for Power, Water, and Roads

The Government of Uganda has signed financing agreements worth UGX 2.747 trillion to fund three major infrastructure projects aimed at strengthening power transmission, expanding water and sanitation services, and upgrading a key road corridor. The projects will be financed through externa

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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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Vehicle Knocks Train as 4 Perish in Separate Accidents in Mayuge, Namutumba Districts

Vehicle Knocks Train as 4 Perish in Separate Accidents in Mayuge, Namutumba Districts

Three people have been reported dead in a fatal accident that happened in Buwolya Town council Mayuge district on Wednesday 28th January 2026 at around 5.40pm.Busoga East Regional Police spokesperson, ASP Michael Kasadha said the accident involved a vehicle Mitsubishi Fuso Reg. No. UAR 142

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Tugume Says Coffee City Will Turn Uganda into a Global Coffee Destination

Tugume Says Coffee City Will Turn Uganda into a Global Coffee Destination

Inspire Africa Group CEO Nelson Tugume says Uganda is positioning itself to become a global coffee destination through the development of the Smart Coffee City, building on the progress already made at the Africa Coffee Park in Ntungamo District.Speaking on NBS Morning Breeze, Tugume said

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Gov’t to spend less in 2026/27 financial year– Finance Ministry

Gov’t to spend less in 2026/27 financial year– Finance Ministry

The government, through the Ministry of Finance, Planning and Economic Development, has reduced the preliminary resource envelope for the 2026/27 financial year to Shs69.399 trillion, reflecting a tighter fiscal stance even as efforts intensify to boost domestic revenue and reduce reliance on bor

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