Uganda’s flag carrier has this week made headlines for all the wrong reasons after it was revealed that Jenifer Bamuturaki, the Chief Executive Officer, will not serve in the position beyond July. The departure comes after the national carrier received a bad rap following a string of governance
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
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
KAMPALA — What began as a fiercely contested parliamentary race in rural Butambala has now hardened into one of the most consequential legal battles of Uganda’s post-election moment.Muwanga Kivumbi, a veteran opposition legislator and vice president for Buganda of the National Unity Pl
Sudhir RupareliaKampala — The High Court has dismissed an application by Meera Investments Ltd, led by businessman Dr. Sudhir Ruparelia, seeking to have dfcu Bank cited for contempt of court over failure to restore dozens of properties, ruling that the bank was protected by a valid court
This past week, a number of candidates taking part in the Nakawa Division West parliamentary race heaved a sigh of relief after the High Court in Kampala dismissed an appeal by Mr Ivan Bwowe of the People’s Front for Freedom (PFF). Widely seen as a dispute over nomenclature, that is Nakawa West
Court Denies Mandatory Bail to Mufumbiro and Co-accusedThe Kawempe Chief Magistrates Court sitting in Kanyanya has dismissed an application for mandatory bail by ten National Unity Platform (NUP) supporters who have been on remand for more than sixty days without the commencement of their
When Gen. Caleb Akandwanaho (Rtd) Salim Saleh presented his long, detailed analysis of Uganda’s economy and structured recommendations for improvement in the form of the Third National Development Plan (NDPIII) to President Museveni, he laid out the kinds of problems that many Ugandans feel eve
The Electoral Commission (EC) has defended its decision to cancel the candidature of Mathias Walukagga, insisting that he did not meet the minimum academic qualifications required to contest for the Busiro East parliamentary seat.In an affidavit in reply filed before the Civil Division of
