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
There is growing consensus among strategists at Kavule-based NUP headquarters that the political relationship between them on one hand and Shamim Malende on the other is irretrievably broken. And that the Kampala Woman MP won’t be returning to the principal to kneel for the party’s flag and e
The Government of Uganda has signed financing agreements worth UGX 2.747 trillion to fund three major infrastructure projects aimed at strengthening power transmission, expanding water and sanitation services, and upgrading a key road corridor. The projects will be financed through externa
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
Inspire Africa Group CEO Nelson Tugume says Uganda is positioning itself to become a global coffee destination through the development of the Smart Coffee City, building on the progress already made at the Africa Coffee Park in Ntungamo District.Speaking on NBS Morning Breeze, Tugume said
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
Hon. Mathias Mpuuga, Hon. Medard Lubega Sseggona and Hon. Asuman Basalirwa visited Butambala County MP, Mohammed Muwanga Kivumbi, at Kitalya Prison today, where he is being held on charges of terrorism. The visit was confirmed by the Democrat Front Party, which shared the update along with a phot
Human Resource managers across government ministries have been ordered to take strict action against officers who arrive late or skip work, as concerns grow over absenteeism and poor service delivery in public offices.Public Service Cabinet Secretary Geoffrey Ruku expressed frustration ove
Parliament Approves Budget Framework Paper as MPs Return to Complete AppropriationParliament on Thursday approved the National Budget Framework Paper (NBFP) for FY 2026/27–2030/31, clearing the way for preparation of detailed budget estimates.The framework sets the fiscal andmonet
