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
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
Wataka claims he was erroneously diagnosed with the virus back in 2016 and forced to commence Antiretroviral treatment for over 7 years, only to discover that he was negative.A man in Jinja district has sued The AIDS Support Organisation (TASO) over an alleged erroneous HIV diagnosis that
The National Resistance Movement (NRM) is heavily relying on the grand door-to-door mobilisation strategy—designed to deliver President Yoweri Kaguta Museveni at least 14 million votes in January 15 general election.At the heart of the strategy is the mobilisation of 63 leaders per villa
Ashraf Muyomba the Director Hongera Saana Uganda, Office of the PresidentA bitter scramble for billions from a United Nations agriculture fund has landed the national coordinator of Hongera Sana Uganda in serious trouble, exposing deep cracks within Uganda’s security establishment and ra
The Uganda Electricity Distribution Company Limited – UEDCL has released the approved retail electricity tariffs for the first quarter of 2026 (January-March), as sanctioned by the Electricity Regulatory Authority (ERA).These rates apply to all consumer categories, including domestic, co
Tension and confusion marked a political gathering in Mubende Municipality after members of the National Unity Platform who had earlier defected to the National Resistance Movement made an abrupt return to NUP, citing what they described as empty promises from government officials.The grou
“UNOC will be able to generate revenues of up to USD 5.6 billion” (about Shs21.3 trillion) from the projects when implemented," the ministry said, adding that the loan would reduce pressure on the consolidated fund and enable quicker realisation of revenues from the oil and gas sectorS
It makes sense why President Donald Trump would have a
A former Uganda Prisons Service custody health officer, James Turyatunga, has accused the institution of corruption and denying him justice after he was declared a deserter under contentious circumstances.Turyatunga, who once served at the height of the C
