Business •
05 Feb '26
First son and chief of defence forces (CDF) Gen Muhoozi Kainerugaba has hinted on a plan for his uncle Caleb Akandwanaho aka Gen Salim Saleh to succeed Museveni. As Muhoozi hints on Salim Saleh succeeding Museveni, Uganda’s transition puzzle seems to get a bit more complicated.Gen Salim
Business •
05 Feb '26
President Yoweri Museveni has inaugurated PRO Industries, the largest ethanol plant in East Africa, highlighting the $100-million investment as a significant advancement for Uganda’s agro-industrialization, clean energy production, and job creation.Located in Luwero District in central U
Business •
03 Feb '26
President Yoweri Museveni has urged judicial officers to prioritise Alternative Dispute Resolution (ADR) mechanisms as a way of addressing Uganda’s long-standing case backlog. Museveni said judges must actively manage cases and guide litigants towards appropriate resolution mechanisms, noting t
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03 Feb '26
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
Business •
03 Feb '26
Popular Ugandan digital media personality Bernard Ewalu Olupot, widely known as Beewol or “The Talkative Rocker,” has officially joined 933 KFM as the new co-host of the station’s flagship morning program, D’Mighty Breakfast.Beewol made his debut on the show this week, teaming up w
Business •
02 Feb '26
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
Business •
31 Jan '26
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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30 Jan '26
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
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29 Jan '26
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
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29 Jan '26
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