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Finance Trust Bank to surrender commercial license for Tier II status

Finance Trust Bank to surrender commercial license for Tier II status

Finance Trust Bank has applied to surrender its Tier I commercial license in favor of Tier II status effective April 1. The move follows a Bank of Uganda notice as the lender shifts its strategy to meet revised capital requirements while maintaining core credit and deposit services.KAMPALA

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Ugandan Government Downplays Besigye’s Health Concerns Amid Family Dispute

Ugandan Government Downplays Besigye’s Health Concerns Amid Family Dispute

The Ugandan government has dismissed growing concerns over the health of prominent opposition leader Dr. Kizza Besigye, insisting he is only suffering from “minor diarrhoea” and is receiving adequate care while in detention – a claim strongly disputed by his wife, renowned activist Winnie B

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Chaos reigns at Wakiso elections tally centre as results disputed by candidates

Chaos reigns at Wakiso elections tally centre as results disputed by candidates

Candidates reviewing results. Opposition NUP candidates alleged rigging, as their DR forms seemed not to tally with the results being declared by the returning officer.Wakiso, Uganda | THE INDEPENDENT | The tallying of votes from Wakiso’s recently concluded municipal elections has descen

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Mr. President, if you Genuinely Won, Then… 10 Things Exiled Ex-Supreme Court Judge is Asking Museveni to Do

Mr. President, if you Genuinely Won, Then… 10 Things Exiled Ex-Supreme Court Judge is Asking Museveni to Do

In a hard-hitting message to President Yoweri Museveni, Justice Dr. Esther Kitimbo Kisaakye, Former Justice of the Supreme Court of Uganda, has told the 81-year-old president that if he genuinely won the January 15 general election, then he should do 10 things to put his house in order. Before we

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Gaming Board, police dismantle illegal machine factory in Soroti, arrest Chinese national

Gaming Board, police dismantle illegal machine factory in Soroti, arrest Chinese national

Arrested China national known as Lin Haiyun and the illegal equipment he has been operating.Authorities have dismantled an illegal gaming machine manufacturing facility in Soroti Town, arresting a Chinese national in an intensified crackdown on unlawful gambling activities.The opera

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Karuma Bridge Truck Accident: Death Toll Feared to Rise to Seven After Vehicle Plunges Into River Nile

Karuma Bridge Truck Accident: Death Toll Feared to Rise to Seven After Vehicle Plunges Into River Nile

The number of people feared dead following a tragic accident at Karuma Bridge in Nwoya District is expected to rise to seven after a truck plunged into the River Nile on Tuesday morning. The incident involved a Fuso truck, registration number UAY 284Q, which was transporting maize from Lelabaro T

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Uganda Airlines faces international ban over gross mismanagement, warns Mwenda

Uganda Airlines faces international ban over gross mismanagement, warns Mwenda

Mwenda says unless radical changes are implemented within the next three months, the Uganda Civil Aviation Authority (UCAA) will be forced to ground the fleet or face global blacklisting by international regulators.Uganda Airlines is teetering on the brink of an international aviation ban

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Court Dismisses All Cases Against 7 Nup Supporters Charged In Mbarara

Court Dismisses All Cases Against 7 Nup Supporters Charged In Mbarara

Court in Mbarara has dismissed cases against several supporters of the National Unity Platform (NUP) who were arrested last year.According to the magistrate, the cases were dismissed because the prosecution failed to provide sufficient evidence against the accused.So far, only 7 out

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WHO’S EATING UGANDA’S GOLD MONEY? Foreign Firms Cash in as Ugandans remain poor

WHO’S EATING UGANDA’S GOLD MONEY? Foreign Firms Cash in as Ugandans remain poor

Uganda is sitting on a gold rush worth billions — but for most citizens, the shine stops at the headlines.Gold exports have exploded over the past decade, rebounding strongly after a brief slump in 2022/23 caused by a tax dispute that temporarily halted exports. By 2025, Uganda’s gold

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Three French Journalists Expelled From Uganda During Election Period

Three French Journalists Expelled From Uganda During Election Period

Kampala — Ugandan authorities expelled three French journalists from the country in January amid heightened controls around coverage of the presidential election in which incumbent Yoweri Museveni secured a seventh consecutive term.Among those affected was Bastien Renouil, an East Africa

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