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
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,
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
The Uganda Peoples’ Defence Forces (UPDF) has elected 10 military representatives to Parliament following a vote by the Defence Forces Council electoral college, ahead of the 2026–2031 parliamentary term. The election, conducted in accordance with the Constitution of Uganda and the Par
Ugandan municipal elections were hit by low voter turnout and claims of fraud, with officials in Masaka and Soroti reporting ballot stuffing and arrests during the mayoral polls.Polling stations across Uganda were hit by a combination of low turnout and reports of widespread malpractice on
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
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
Alebtong — Uganda People’s Congress (UPC) candidate Fred Jalameso has been officially declared the winner of the Ajuri County parliamentary race after securing 16,336 votes, narrowly defeating National Resistance Movement (NRM) flag bearer and Chief Government Whip Denis Obua, who polled 15,5
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
Ugandans will be asked to pay more than UGX 2.368 trillion in taxes over the next five years to cover the salaries of officers and staff of the Uganda Police Force (UPF). This revelation came from Aggrey Wunyi, the Undersecretary of the Uganda Police Force, when he appeared before Parliament’s
