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
Parliament Approves Budget Framework Paper as MPs Return to Complete AppropriationParliament on Thursday approved the National Budget Framework Paper (NBFP) for FY 2026/27–2030/31, clearing the way for preparation of detailed budget estimates.The framework sets the fiscal andmonet
Hannington Ashaba, Acting Director of Budget at Uganda’s Ministry of Finance, has told NTV Business reporter Malcolm Musiime that the government plans to end decades of renting office space for the Uganda Tourism Board, moving to owned facilities to cut costs and boost sector efficiency. Speaki
The Hague, Netherlands — A self-styled “European Union Ambassador” of Uganda’s National Unity Platform (NUP), Dr Nico, who operates online under the alias @klup, was arrested on Thursday, January 22, 2026, in The Hague after attempting to stage an unauthorised protest near the premises of
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
NRM’s Ian Kyeyune has been declared Wakiso District LC5 Chairperson after polling 177,710 votes, but NUP’s Najja Nasiif rejected the results and caused chaos at the tally centre.NRM’s Ian Kyeyune casting his vote on Thursday, January 22, for the Wakiso District LC5 Chairperson seat (
The Uganda Law Society has condemned the appointment of Flavian Zeija as Chief Justice, warning it threatens judicial independence and risks deepening political interference in Uganda’s courts.Uganda Law Society President, Isaac Ssemakadde (R) has vehemently criticised the appointment of
President William Ruto has appointed Canon Dr. Ida Betty Odinga, widow of the late former Prime Minister Raila Amolo Odinga, as Kenya’s Ambassador and Permanent Representative to the United Nations Environment Programme (UNEP). The announcement, issued on Friday, by Chief of Staff and Head of t
Municipality parliamentary elections has sent shockwaves through Uganda's political circles, particularly given his long-standing status as one of the opposition's most vocal and recognisable figures.His loss to National Unity Platform (NUP) candidate George Musisi, a seasoned Kampala-base
KAMPALA, Uganda — Winnie Byanyima, the wife of jailed opposition leader Kizza Besigye, accused President Yoweri Museveni and his son, Gen. Muhoozi Kainerugaba, of illegally detaining her husband to clear a path for a family succession.Speaking to reporters at her home in Kasangati on Tue
