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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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“There is no opposition in Uganda,” Museveni says

“There is no opposition in Uganda,” Museveni says

Ugandan President Yoweri Museveni has alleged that the National Unity Platform (NUP), led by his two-time challenger Robert Kyagulanyi, popularly known as Bobi Wine, manipulated the 2021 General Election by introducing 2.7 million fake votes, one million locally and 1.7 million imported from Duba

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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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IT’S FAKE! State House disowns circulating Museveni letter approving Shs2.5 bn grant to “investor”

IT’S FAKE! State House disowns circulating Museveni letter approving Shs2.5 bn grant to “investor”

The State House of Uganda has said the letter making rounds on social media purportedly authored by President Yoweri Kaguta Museveni approving a Shs2.5 billion grant to an “investor” is fake.According to the Special Presidential Assistant- Press and Mobilization also Deputy Presidentia

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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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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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SHOCKER: Akena Reveals How Obua was Fought

SHOCKER: Akena Reveals How Obua was Fought

In a candid revelation that has set tongues wagging across Lango, Uganda People’s Congress (UPC) President Jimmy Akena has pulled back the curtain on the fierce battle that dethroned Government Chief Whip Denis Hamson Obua in Ajuri County. Speaking on QFM Lira, Akena declared he harbors no grud

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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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President Museveni Wants UBC to Compete With BBC, CNN, Al Jazeera – Minister Baryomunsi

President Museveni Wants UBC to Compete With BBC, CNN, Al Jazeera – Minister Baryomunsi

Minister Chris Baryomunsi reveals President Museveni’s plan to fund UBC with UGX 30 billion annually so it can compete with global broadcasters like CNN, BBC and Al Jazeera.President Museveni Wants UBC to Compete With BBC, CNN, Al Jazeera – Minister BaryomunsiThe Minister of Inf

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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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