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Government invests UGX1 trillion to expand loan capacity at UDB

Government invests UGX1 trillion to expand loan capacity at UDB

KYANKWANZI, Uganda — The government has allocated an additional 1 trillion shillings to the Uganda Development Bank this financial year, a move intended to lower the cost of credit and bolster the bank’s ability to fund large-scale private sector projects.Prime Minister Robinah Nabbanj

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Opposition should reconsider political approach against NRM’s long term rule

Opposition should reconsider political approach against NRM’s long term rule

With the 2026 general elections pretty much done and dusted, many Ugandans find themselves once again reflecting on a familiar outcome of an election cycle that promised change, ignited hope, and ultimately reinforced the same power structure.It is now important to examine not just the ele

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Uganda’s Malaria Cases Drop by 22% Despite Heavy Economic Toll

Uganda’s Malaria Cases Drop by 22% Despite Heavy Economic Toll

Malaria remains the leading cause of deaths in UgandaUganda has recorded a sharp decline in malaria incidence and mortality over the past year, driven by expanded vaccination, intensified vector control and faster treatment pathways, yet the disease continues to exact a heavy economic and

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Sarah Bateta Okwi Appointed Acting MTN Mobile Money CEO as Richard Yego Steps Down

Sarah Bateta Okwi Appointed Acting MTN Mobile Money CEO as Richard Yego Steps Down

MTN Mobile Money Uganda has announced a major leadership transition, with Chief Finance Officer Sarah Bateta Okwi appointed Acting Managing Director and CEO, following the decision by Richard Yego to step down from his role.According to official communication from the company, Yego will ex

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Salim Saleh Attends Key Presidential Meeting on Season A 2026

Salim Saleh Attends Key Presidential Meeting on Season A 2026

Kampala, Uganda – A high-level preparatory meeting chaired by Col. Dr. Francis Ongia was held in Kampala on Sunday, marking a significant step in the planning and coordination efforts for the upcoming Season A 2026.The meeting, convened under the Office of the President, included senior

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Hon Babirye Kityo, NRM’s Bulegeya tips President Museveni on factors that could increase NRM support in Central Region

Hon Babirye Kityo, NRM’s Bulegeya tips President Museveni on factors that could increase NRM support in Central Region

Masaka– Newly elected Bukoto East Member of Parliament Hon. Sarah Babirye Kityo has advised President Yoweri Kaguta Museveni to strengthen the National Resistance Movement’s (NRM) foothold in the Central Region by fostering closer ties with communities through regular consultations and engage

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Shs 5.3tn Karuma Dam Delivers Only 30% of Installed Power Capacity, Threatens Loan Repayments

Shs 5.3tn Karuma Dam Delivers Only 30% of Installed Power Capacity, Threatens Loan Repayments

Kampala — Uganda’s flagship hydropower projects are operating far below their available generation capacity, raising concerns over revenue shortfalls and the country’s ability to service billions of dollars in Chinese loans used to build the plants, the Auditor General has warned.In

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Finance Secures UGX 2.75 Trillion Financing Deals for Power, Water, and Roads

Finance Secures UGX 2.75 Trillion Financing Deals for Power, Water, and Roads

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

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REVEALED! How Nigeria’s Access Bank ‘Lies’, Strategic Errors Sunk Finance Trust Bank

REVEALED! How Nigeria’s Access Bank ‘Lies’, Strategic Errors Sunk Finance Trust Bank

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

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SHOCKER: Akena Reveals How Obua was Fought

SHOCKER: Akena Reveals How Obua was Fought

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

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