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
Former Attorney General Justin Muturi has issued a stern warning to President William Ruto, saying the opposition will pursue legal action and mass protests if the Head of State targets opposition leaders or supporters.Muturi spoke on Sunday, February 1, 2026, during a political rally held
Reader modeMuhoozi deletes controversial posts blaming Bobi Wine’s escape on US Embassypulse.ug23hIn the now-deleted posts, Gen Muhoozi claimed that Uganda’s security cooperation with the United States had been undermined for nearly a decade by what he described as
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
Dr Zedriga reportedly went missing on January 18, 2026, three days after the general elections, in which NUP leader, musician-turned-politician Robert Kyagulanyi Ssentamu, popularly known as Bobi Wine, challenged long-time president Yoweri Museveni.NUP's Lina Zedriga (courtesy)The U
The directive was issued by Justice Joyce Kavuma on Friday while hearing an application filed by Tukamushaba’s lawyers, who want the court to compel authorities to produce her or explain her whereabouts.The High Court in Kampala has ordered the Inspector General of Police (IGP) to clarif
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
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
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
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
