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
Content creator Lord Elektra, real name Kyomuhangi Betnah, has publicly apologized to Christine Nampeera Tendo following a dramatic fallout that recently saw her spend a night in jail.The two, who had long presented themselves online as close “besties,” took to their respective Instagr
In a hard-hitting message to President Yoweri Museveni, Justice Dr. Esther Kitimbo Kisaakye, Former Justice of the Supreme Court of Uganda, has told the 81-year-old president that if he genuinely won the January 15 general election, then he should do 10 things to put his house in order. Before we
Uganda is sitting on a gold rush worth billions — but for most citizens, the shine stops at the headlines.Gold exports have exploded over the past decade, rebounding strongly after a brief slump in 2022/23 caused by a tax dispute that temporarily halted exports. By 2025, Uganda’s gold
Kampala — Ugandan authorities expelled three French journalists from the country in January amid heightened controls around coverage of the presidential election in which incumbent Yoweri Museveni secured a seventh consecutive term.Among those affected was Bastien Renouil, an East Africa
It’s been decades since I read a book as compelling as Prof Mahmood Mamdani’s extraordinary tour de force on Uganda. For most open-minded readers, this book will shake some deeply-entrenched mainstream myths and fallacies that have been inculcated and nurtured by powerful national and global
Businessman Hassan Basajjabalaba and Tugume Boniface are at the centre of controversy after chaos at the Bushenyi tally centre as Igara West was decided by just 880 votes.A photo combo of Businessman and Bushenyi NRM boss Hassan Bassajabala (L) and Igara County West parliamentary candidate
The human rights organisation, Chapter Four Uganda has suspended its operations and closed its offices following an indefinite suspension of its NGO permit by the National Bureau for Non-Governmental Organisations (NGO Bureau).The organisation revealed that the suspension is based on vague
Museveni receiving the presidential results from the NRM leadership on Sunday in RwakituraRWAKITURA, Uganda — President Museveni addressed the deadly Butambala incident on Sunday while receiving the official declaration of the presidential election results at his country home in Rwakitur
