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
The High Court has dismissed a suit against the Patriotic League of Uganda with costs, a ruling political observers say further cements the growing legal and political strength of Muhoozi Kainerugaba’s camp ahead of 2026.Kampala, Uganda: The High Court in Kampala has delivered a sweeping
As Uganda heads into the January 15, 2026 general elections, a worrying trend has taken shape across the political landscape: a growing number of opposition and independent candidates are withdrawing from races at both parliamentary and local government levels. While the spotlight has largely bee
Kampala — The Uganda shilling strengthened strongly in 2025, becoming one of the best-performing currencies in the region, helped by higher export earnings, increased foreign investment and reforms in the foreign exchange market, the Bank of Uganda has said.In its November Monetary Polic
A host of Premier League sides are keeping tabs on rising RB Leipzig star Yan Diomande, according to Caught Offside.The 19-year-old has established himself as one of the most exciting young talents on the continent having made a blistering start to life in Ge
Neymar is set to have knee surgery after playing in pain to help boyhood club Santos avoid relegation from Brazil’s Serie A.The 33-year-old played the full 90 minutes as Santos claimed a 3-0 win over Cruzeiro on Sunday to avoid an immediate return to the second tier after promotion last
Congo’s army has accused Rwanda and M23/AFC rebels of intensifying cross-border artillery bombardments on populated areas of South Kivu, just two days after Kinshasa and Kigali signed a landmark peace accord in Washington aimed at ending decades of conflict in the region.In a sharply wor
David Kalyango, the Executive Director of Supervision at the Bank of Uganda, explained the vision: ensuring that every Ugandan, no matter their type of work, can access credit to grow businesses, boost investments, and drive development.The Bank of Uganda has been locked in a heated debate
Reigning Artist of the Year, Ava Peace has sparked a major murmur after boldly announcing that she’s ready to face Sheebah or Vinka in a full-blown music battle.
Moyale, a key border town linking Kenya and Ethiopia, was thrown into panic on Saturday after Ethiopian military personnel reportedly crossed nearly one kilometre into Kenyan territory while firing, triggering a tense two-hour confrontation with Kenyan security forces.According to official
