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
In a candid revelation that has set tongues wagging across Lango, Uganda People’s Congress (UPC) President Jimmy Akena has pulled back the curtain on the fierce battle that dethroned Government Chief Whip Denis Hamson Obua in Ajuri County. Speaking on QFM Lira, Akena declared he harbors no grud
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
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
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
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
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
As Uganda reflects on another hard-fought election cycle, one question continues to animate political debate at home and abroad: how has President Museveni, after nearly four decades in power, continued to win the confidence of a critical mass of Ugandans?Why, despite generational change,
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
For a high-profile fugitive wanted by senior military commanders, releasing a public video from outdoors seemed counter-intuitive to many. Opposition leader Bobi Wine has been on the run since security forces surrounded his home in Magere on 16 January 2026 following the presidential elect
