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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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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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Vivo Energy Uganda commissions Mbale LPG plant to boost clean cooking access in Eastern region

Vivo Energy Uganda commissions Mbale LPG plant to boost clean cooking access in Eastern region

Mbale, Uganda | THE INDEPENDENT | Vivo Energy Uganda has commissioned a Liquefied Petroleum Gas (LPG) filling and storage plant in Mbale City as part of its strategy to expand access to clean, safe and reliable cooking energy in Eastern Uganda.The facility was commissioned by Mbale City De

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How a village teacher brought down the Government Chief Whip Obua

How a village teacher brought down the Government Chief Whip Obua

ALEBTONG, Uganda — Uganda Peoples Congress candidate Fred Jalameso pulled off a major political upset Tuesday, defeating Government Chief Whip Denis Hamson Obua in a repeat election for the Ajuri County parliamentary seat.Jalameso, a teacher making his first foray into elective politics,

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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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NUP’s Nubian Li Decries Arrests of Polling Agents in Nakawa

NUP’s Nubian Li Decries Arrests of Polling Agents in Nakawa

Musician-turned-politician Ali Bukeni, popularly known as Nubian Li, has decried the arrest of his polling agents in parts of Nakawa East during voting for the Nakawa Division mayoral race. Despite the challenges, Nubian Li said he remained confident of winning the race. The National Un

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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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Gen Muhoozi Warns of Reciprocal Sanctions as U.S. Lawmakers Question Uganda Polls

Gen Muhoozi Warns of Reciprocal Sanctions as U.S. Lawmakers Question Uganda Polls

Uganda’s Chief of Defence Forces Muhoozi Kainerugaba has warned that Uganda could retaliate against any U.S. sanctions imposed on him or the country, escalating diplomatic tensions after senior American lawmakers questioned the credibility of Uganda’s recent elections.In a series of po

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How parish-level economic programs helped NRM regain Buganda support

How parish-level economic programs helped NRM regain Buganda support

PDM beneficiary Damali Nakayenga (R) chats with President Museveni as she leads him to her piggery farm at her home in Kikoma, Wobulenzi town on Tuesday (PHOTO/ PPU)KAMPALA – In 2021, the National Resistance Movement faced a political crisis in Buganda. President Yoweri Museveni’s part

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OWEYEGHA AFUNADUULA: The Silent Disappearance: Land, Loans, and the Systemic Unmaking of Uganda’s Clan-Based Civilizations

OWEYEGHA AFUNADUULA: The Silent Disappearance: Land, Loans, and the Systemic Unmaking of Uganda’s Clan-Based Civilizations

Preamble: A Warning from the SourceWe issue this not as a lament, but as a diagnosis of a living crisis. We document not a natural passing, but a designed dismantling. The clan-based cultural groups of Uganda—ancient, sophisticated systems of ecological governance and social belonging—

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