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
Kampala — Uganda’s communications regulator has ordered television broadcasters to immediately stop running split-screen advertisements during news and current affairs programmes, ruling that the practice violates national advertising and broadcasting standards.The directive follows a
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
Fears for the life of outgoing Butambala County MP Muhammad Muwanga Kivumbi have intensified after he was charged with terrorism and remanded to Kitalya Prison, a move that has unsettled opposition leaders and sharpened political anxiety across the country.Kivumbi, who also serves as the N
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
Seoul, Jan 26 Samsung Electronics said on Monday it plans to provide treasury shares worth 175.2 billion won ...Samsung to offer treasury shares worth $120 million as bonuses | Samsung to offer treasury shares worth $120 million as bonusesSamsung to offer treasury shares worth $120
The human rights organisation, Chapter Four Uganda has suspended its operations and closed its offices following an indefinite suspension of its NGO permit by the National Bureau for Non-Governmental Organisations (NGO Bureau).The organisation revealed that the suspension is based on vague
The technology is particularly useful for rural communities, islands, border areas and for providing backup connectivity when ground networks are disruptedKampala — Airtel Uganda will this Friday unveil a partnership with Elon Musk’s Starlink, aimed at improving mobile network coverage
Opposition leader Robert Kyagulanyi, widely known as Bobi Wine, has called on tech entrepreneur Elon Musk to reinstate Starlink internet services in Uganda, saying the shutdown is part of a wider effort to limit communication as the country heads toward the January 15 general election.Writ
Kampala — Uganda has approved Lenacapavir, a twice-yearly injectable HIV prevention medicine developed by Gilead Sciences, in a move health officials say could accelerate the country’s drive to sharply cut new infections and meet global targets to end AIDS as a public health threat by the end
