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 number of people feared dead following a tragic accident at Karuma Bridge in Nwoya District is expected to rise to seven after a truck plunged into the River Nile on Tuesday morning. The incident involved a Fuso truck, registration number UAY 284Q, which was transporting maize from Lelabaro T
The Tororo Chief Magistrate’s Court has dismissed an application by incumbent National Resistance Movement (NRM) MP Sarah Achieng Opendi seeking a recount of votes in 11 contested polling stations from the January 15, 2026, Tororo District Woman MP election.Chief Magistrate Irene Nanteby
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
Ugandans are cautiously welcoming the return of a smart road enforcement initiative that will be reintroduced on a pilot basis in high-risk locations before a phased national rollout begins in 2026. This all as pressure mounts to curb persistent road carnage.The Electronic Penalty System (
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
Bitcoin is trading around USD 89,100 on January 25, 2026, following a recent decline from its USD 95,000 peak on January 15. Despite short-term dips, experts remain optimistic about potential gains in 2026. Over the past month, Bitcoin has recorded 1.51 per cent growth, reflecting steady market r
The 2026 general elections in Kayunga District have unveiled a shocking narrative involving allegations of electoral malpractice, intimidation, and political manipulation, with Moses Karangwa at the center of the storm. The election results have brought a considerable shift in political allegianc
In Kasese, the polling exercise was delayed at most stations due to the absence of the required ten voters needed to witness the opening of the ballot boxes. By 10:00 a.m., fewer than 20 voters had turned up at most polling stations, while many others went about their daily activities, seemingly
Mukono, Uganda: President Museveni’s Senior Political Advisor and head of the Office of the National Chairman (ONC), Hadijah Namyalo Uzeiye, has assured voters in Mukono District of a new central market and an upgrade of health services in the next NRM term, urging residents to abandon the oppo
