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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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High Court Orders IGP to Clarify Whereabouts of Missing NUP Leader

High Court Orders IGP to Clarify Whereabouts of Missing NUP Leader

The directive was issued by Justice Joyce Kavuma on Friday while hearing an application filed by Tukamushaba’s lawyers, who want the court to compel authorities to produce her or explain her whereabouts.The High Court in Kampala has ordered the Inspector General of Police (IGP) to clarif

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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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Vehicle Knocks Train as 4 Perish in Separate Accidents in Mayuge, Namutumba Districts

Vehicle Knocks Train as 4 Perish in Separate Accidents in Mayuge, Namutumba Districts

Three people have been reported dead in a fatal accident that happened in Buwolya Town council Mayuge district on Wednesday 28th January 2026 at around 5.40pm.Busoga East Regional Police spokesperson, ASP Michael Kasadha said the accident involved a vehicle Mitsubishi Fuso Reg. No. UAR 142

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Tugume Says Coffee City Will Turn Uganda into a Global Coffee Destination

Tugume Says Coffee City Will Turn Uganda into a Global Coffee Destination

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

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Parliament Approves Budget Framework Paper as MPs Return to Complete Appropriation

Parliament Approves Budget Framework Paper as MPs Return to Complete Appropriation

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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Roberto De Zerbi hands in his resignation after Marseille’s European exit

Roberto De Zerbi hands in his resignation after Marseille’s European exit

Roberto De Zerbi has asked to leave Olympique de Marseille following the club’s elimination from the Champions League.The Italian head coach is understood to have requested his release after Wednesday night’s heavy defeat to Club Brugge.OneFootball VideosMarseille were be

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Uganda: Ssemakadde's Bid for Presidential Pardon Rejected

Uganda: Ssemakadde's Bid for Presidential Pardon Rejected

The Advisory Committee on the Prerogative of Mercy has declined to advise the President on granting clemency to exiled president of the Uganda Law Society, Isaac Ssemakadde.The decision, conveyed in a letter signed on behalf of the Solicitor General by John Bosco Rujagaata Suuza, director

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Finance Trust Bank to surrender commercial license for Tier II status

Finance Trust Bank to surrender commercial license for Tier II status

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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UNEB to release 2025 PLE results this Friday

UNEB to release 2025 PLE results this Friday

The Uganda National Examinations Board will release the 2025 PLE results this Friday, Jan. 30. Get details on candidate performance and the revised 2026 school calendarKAMPALA — The Uganda National Examinations Board will release the 2025 Primary Leaving Examination results this Friday,

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