The Commercial Division of the High Court has ordered Jie County MP, Lokii Peter Abrahams, to pay businessman and money lender Amit Jain nearly 5 billion Shillings for failure to repay a loan taken in 2012.Justice Steven Mubiru ruled that Lokii defaulted on a 265 million Shillings loan, wh
A shocking bank scandal has erupted after Ugx 69 million mysteriously disappeared from a customer’s account in just five minutes, leaving behind a trail of fear, anger and serious questions about the safety of money in Uganda’s banking system.The man at the center of the storm is Chine
dfcu Bank has opened a new branch in Namanve Industrial Park, positioning itself at the heart of one of Uganda’s fastest-growing manufacturing hubs, as government renewed calls for commercial lenders to cut borrowing costs for industry.Speaking at the launch, David Bahati welcomed the ex
BUTAMBALA – The Butambala Chief Magistrate’s Court has adjourned proceedings in the terrorism case against Butambala County Member of Parliament Muhammad Muwanga Kivumbi and 24 others, granting the prosecution more time to conclude investigations.During the court session, the defence t
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
Shock and disbelief have engulfed the family of veteran UPC titan Dr. James William Rwanyarare after it emerged that a staggering Sh2.2 billion vanished from his bank account while he lay mentally ill and incapacitated at Nakasero Hospital.Family insiders
A Kenyan father has captured the internet’s attention after presenting his son with a blank cheque during his graduation celebration, telling him to write any amount he wished as his gift.The moment, recorded in a short video shared on TikTok, shows the young graduate standing in his gow
Januworry hits hard when December’s early payday meets festive overspending, but with a few simple habits, you can avoid the five-week squeeze.Holiday cheer fades fast, your expenses don't. Keep a weekly spending cap and resist the urge to spend more just because you earned more. Image:
The delicious and sumptuous dinner served aside, the president involved the different members of the Uganda Cranes CHAN 2024 squad to a heartily conversation before he announced the fulfillment of the Ug.Shs 2.4 billion.President Yoweri Kaguta Museveni
Manchester United have always been on the lookout to rebuild a midfield that makes a difference. The departure of players like Christian Eriks
