The Government of Uganda has signed financing agreements worth UGX 2.747 trillion to fund three major infrastructure projects aimed at strengthening power transmission, expanding water and sanitation services, and upgrading a key road corridor. The projects will be financed through externa
KAMPALA — Uganda’s Chief of Defence Forces, Muhoozi Kainerugaba, has apologised to the United States and formally walked back earlier social media remarks that had cast doubt on ongoing military cooperation between Kampala and Washington.In a statement posted on X on Friday morning, Ge
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
Gold prices surged beyond $5,000 per ounce for the first time, as investors rushed to the safe-haven asset as concern spread that US President Donald Trump is upending relations with key allies from Europe to Canada.In this year’s first 26 days, the price of gold has jumped 15%, building
An offer made 16 years ago to sell 500 Bitcoin (CRYPTO: BTC) for just $1 is trending online.The world’s largest cryptocurrency exchange, Binance, celebrated Bitcoin’s valuation surge by sharing a 2010 Bitcointalk post on X. In the post, a user offered a digital image for 500 BTC, which
The opposition Forum for Democratic Change (FDC) president, Patrick Amuriat has suffered a humiliating defeat in the recently concluded general elections.Amuriat who in 2021 contested for president, was this time contesting to represent Kanyum county, Kumi district in parliament.The
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
Unlike previous general elections where the opposition National Unity Platform (NUP) swept all the Members of Parliament seats in the capital Kampala, the 2026 polls turned out different.The ruling National Resistance Movement (NRM) pulled off a significant performance that few anticipated
Before wrapping up his re-election campaigns at Kololo tomorrow, Jan 13, President Yoweri Museveni made a calculated move: he returned to regions he had already visited. From Arua in West Nile, to Iganga in Busoga, and finally Kasese in the Rwenzori sub-region, the message was clear—these were
KAMPALA, Uganda — Presidential candidates in Uganda are returning to the capital this week for a final push ahead of Thursday’s election, setting the stage for a high-stakes showdown between President Yoweri Museveni and his primary challenger, Robert Kyagulanyi.The two front-runners a
