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BIG STORM: Power Struggles At ERA Risk Uganda’s Electricity Stabilization Efforts

BIG STORM: Power Struggles At ERA Risk Uganda’s Electricity Stabilization Efforts

A power sector storm is brewing in Uganda as internal conflicts at the Electricity Regulatory Authority (ERA) intersect with national energy supply challenges, threatening to further destabilize an already fragile economic lifeline.According to insiders, senior staff at ERA allege that Chi

Ultimate Uganda

Tax net tightens: Why EFRIS, DTS, rental tax are closing in on every business

Tax net tightens: Why EFRIS, DTS, rental tax are closing in on every business

EFRIS was first legally introduced through the Tax Procedures Code (E-Invoicing and E-Receipting) Regulations in 2020, with mandatory use by VAT-registered taxpayers beginning on 1 July 2020.In today’s rapidly digitizing economy, tax compliance in Uganda is no longer a back-office obliga

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REVEALED! How Nigeria’s Access Bank ‘Lies’, Strategic Errors Sunk Finance Trust Bank

REVEALED! How Nigeria’s Access Bank ‘Lies’, Strategic Errors Sunk Finance Trust Bank

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

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Mayhem at DFCU as Junior Staff beat up 2 top Bosses over Harassment

Mayhem at DFCU as Junior Staff beat up 2 top Bosses over Harassment

Kiconco and Maryann, the DFCU senior officials who were allegedly assaultedFresh turmoil has erupted inside DFCU Bank after junior staff allegedly turned against 2 senior executives, with incidents of harassment, physical confrontations, and internal disc

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Equity Group posts Shs 433.2bn profit

Equity Group posts Shs 433.2bn profit

L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the Quarter One 2025 Investor Briefing event.The lender

Ultimate Uganda

Housing Finance Bank Scoops Awards for Backing Farmers and Small Businesses

Housing Finance Bank Scoops Awards for Backing Farmers and Small Businesses

Housing Finance Bank has won two national awards for its outstanding efforts in boosting agricultural productivity and supporting Uganda’s small businesses to recover from recent economic shocks.The accolades — the Agricultural Credit Facility (ACF) Award and the Small

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Museveni Warns Rwenzori Leaders Against Repeating Mistakes as He Champions PDM

Museveni Warns Rwenzori Leaders Against Repeating Mistakes as He Champions PDM

President Museveni has called on leaders and citizens of the Rwenzori sub-region to take full responsibility for ensuring the success of the Parish Development Model (PDM), warning them against the complacency that undermined earlier government poverty eradication efforts such as Entandikwa, NAAD

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Colin Asiimwe Returns as Head of Marketing at MultiChoice Uganda

Colin Asiimwe Returns as Head of Marketing at MultiChoice Uganda

Colin Asiimwe is back at MultiChoice Uganda as the Head of Marketing, overseeing the DStv, GOtv, Showmax, and Pearl Magic brands.Asiimwe previously worked with MultiChoice before leaving the business.He began his career in the advertising industry before transitioning to a focus on

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Govt to donate coffee processing machine to Bugisu Cooperative Union

Govt to donate coffee processing machine to Bugisu Cooperative Union

Government is set to bolster the operations of Bugisu Cooperative Union (BCU) with coffee value addition equipment to enhance the profitability of farmers and revive the cooperative movement in Eastern Uganda.While speaking at the union’s 64th Annual General Meeting in Mbale on Friday, S

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Museveni praises Omusinga’s role in rebranding Rwenzururu Kingdom

Museveni praises Omusinga’s role in rebranding Rwenzururu Kingdom

President Museveni commended King Omusinga Charles Wesley Mumbere of the Rwenzururu Kingdom for his efforts in promoting peace since his return from nearly seven years of incarceration following his arrest in November 2016. His arrest occurred after a UPDF raid on his royal palace in Kas

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