Search Results

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

Ultimate Uganda

Education ministry issues revised new school calendar 2026

Education ministry issues revised new school calendar 2026

The Ministry of Education and Sports has released the official 2026 school calendar, setting the first term to begin Feb. 10 for pre-primary, primary and post-primary institutionsKAMPALA, Uganda — The government has ordered all educational institutions that opened for the 2026 academic y

Ultimate Uganda

Lord Elektra apologizes to Christine Nampeera after public fallout

Lord Elektra apologizes to Christine Nampeera after public fallout

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

Ultimate Uganda

UCC POINTS AT BoU, TELCOS POINT AT UCC! Inside the Mobile Money shutdown mystery no one wants to own

UCC POINTS AT BoU, TELCOS POINT AT UCC! Inside the Mobile Money shutdown mystery no one wants to own

As mobile money services finally flicker back to life, one thing remains completely offline: accountability.For nearly a week during the tense election period, millions of Ugandans were left stranded — unable to withdraw their own money, forced to beg agents, ration transactions, or in s

Ultimate Uganda

Standard Chartered boss throws in the towel as bank struggles deepen in Uganda and Kenya

Standard Chartered boss throws in the towel as bank struggles deepen in Uganda and Kenya

The cracks inside Standard Chartered Bank are no longer whispers — they are now headline news.As the British banking giant retreats from struggling markets, its top executives are heading for the exit and its once-proud retail empire in Uganda has collapsed into a fire sale.In the

Ultimate Uganda

Samsung to offer treasury shares worth $120 million as bonuses

Samsung to offer treasury shares worth $120 million as bonuses

Seoul, Jan 26 Samsung Electronics said on Monday it plans to provide treasury shares worth 175.2 billion won ...Samsung to offer treasury shares worth $120 million as bonuses | Samsung to offer treasury shares worth $120 million as bonusesSamsung to offer treasury shares worth $120

Ultimate Uganda

How parish-level economic programs helped NRM regain Buganda support

How parish-level economic programs helped NRM regain Buganda support

PDM beneficiary Damali Nakayenga (R) chats with President Museveni as she leads him to her piggery farm at her home in Kikoma, Wobulenzi town on Tuesday (PHOTO/ PPU)KAMPALA – In 2021, the National Resistance Movement faced a political crisis in Buganda. President Yoweri Museveni’s part

Ultimate Uganda

Greater Masaka Journalists Urge President Museveni to Release Promised GREMAJA SACCO Funds

Greater Masaka Journalists Urge President Museveni to Release Promised GREMAJA SACCO Funds

Journalists from the Greater Masaka region have appealed to President Yoweri Kaguta Museveni and State House Comptroller Jane Barekye to expedite the disbursement of promised funding to their savings and credit cooperative (SACCO), known as GREMAJA SACCO.The call comes from over 100 journa

Ultimate Uganda

FULL STATEMENT: Lukwago concedes defeat in Kampala City Lord Mayoral race

FULL STATEMENT: Lukwago concedes defeat in Kampala City Lord Mayoral race

Notwithstanding the flaws that have marred this process as an integral part of the entire 2026 General Elections, I do hereby accept the outcome of the Kampala Lord Mayorship polls.I would like to state at the outset that I owe a great debt of gratitude to the People of Kampala who accorde

Ultimate Uganda

Namirembe Bitamazire lived a fulfilling career in public service

Namirembe Bitamazire lived a fulfilling career in public service

Geraldine Namirembe Bitamazire, a towering figure in Uganda’s education sector, passed away on January 14 at the age of 84.A professional teacher, former head teacher, and member of parliament for Mpigi district, Bitamazire dedicated more than 50 years to shaping the nation’s learning

Ultimate Uganda