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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

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Museveni remains key to peace in Uganda and the region

Museveni remains key to peace in Uganda and the region

President Yoweri Museveni’s attempts to bring stability and lasting peace back to Uganda are a clear example of his legacy. After the country gained independence in 1962 and struggled to get going for the next two decades, he stepped in and played a key role in putting an end to the bloody wars

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Vivo Energy Uganda commissions Mbale LPG plant to boost clean cooking access in Eastern region

Vivo Energy Uganda commissions Mbale LPG plant to boost clean cooking access in Eastern region

Mbale, Uganda | THE INDEPENDENT | Vivo Energy Uganda has commissioned a Liquefied Petroleum Gas (LPG) filling and storage plant in Mbale City as part of its strategy to expand access to clean, safe and reliable cooking energy in Eastern Uganda.The facility was commissioned by Mbale City De

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Eddy Kenzo to Skip Grammy Awards Ceremony Despite Nomination

Eddy Kenzo to Skip Grammy Awards Ceremony Despite Nomination

Music star Eddy Kenzo has confirmed that he will not be attending this year’s Grammy Awards ceremony, despite earning a nomination.The award-winning singer, real name Edirisa Musuuza, revealed that he has too many duties and responsibilities to handle back home, making it impossible for

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Uganda: UPDF Denies Witch-Hunt of Bobi Wine

Uganda: UPDF Denies Witch-Hunt of Bobi Wine

The Uganda People's Defence Forces (UPDF) has dismissed allegations that the army is hunting for National Unity Platform (NUP) president and former presidential candidate Robert Kyagulanyi Ssentamu.The denial was issued by the Acting Spokesperson of the Chief of Defence Forces, Col. Chris

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UCC Orders TV Stations to Stop Split-Screen Ads in News Shows

UCC Orders TV Stations to Stop Split-Screen Ads in News Shows

Kampala — Uganda’s communications regulator has ordered television broadcasters to immediately stop running split-screen advertisements during news and current affairs programmes, ruling that the practice violates national advertising and broadcasting standards.The directive follows a

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Sarah Bireete granted Shs.1m cash Bail

Sarah Bireete granted Shs.1m cash Bail

Human rights lawyer and civic activist Dr. Sarah Bireete, the Executive Director of the Centre for Constitutional Governance (CCG), has been granted bail, weeks after her arrest and remand to Luzira Prison in a case that sparked widespread public debate and concern among civil society groups.

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Congo-Kinshasa: Conflicting Reports On the Assassination of Former President Kabila in Uvira

Congo-Kinshasa: Conflicting Reports On the Assassination of Former President Kabila in Uvira

Kinshasa — Rumors have been circulating in recent days about the alleged assassination of former Congolese President Joseph Kabila. According to information sent to Fides, former Congolese President Joseph Kabila was killed on January 25 in an explosion at the building where he was meeting with

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NAMED: Top NRM leaders who pushed back against Among, Tayebwa 2nd term

NAMED: Top NRM leaders who pushed back against Among, Tayebwa 2nd term

Several senior NRM figures opposed the endorsement of Speaker Anita Among and Deputy Speaker Thomas Tayebwa during a closed-door party meeting, but President Museveni overruled the dissent and rallied the party behind the duo’s second-term bid.Influential figures within the ruling Nation

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Chaos reigns at Wakiso elections tally centre as results disputed by candidates

Chaos reigns at Wakiso elections tally centre as results disputed by candidates

Candidates reviewing results. Opposition NUP candidates alleged rigging, as their DR forms seemed not to tally with the results being declared by the returning officer.Wakiso, Uganda | THE INDEPENDENT | The tallying of votes from Wakiso’s recently concluded municipal elections has descen

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