Abitex, Bajjo Face Jail Over Misused SACCO Funds
Abitex and Bajjo face possible jail after being accused of misusing over UGX 3 billion in government SACCO funds meant to support Ugandan promoters.Abitex, Bajjo Face Jai...
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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 appro...
Tugume Says Coffee City Will Turn Uganda into a Global Coffee Destination
Inspire Africa Group CEO Nelson Tugume says Uganda is positioning itself to become a global coffee destination through the development of the Smart Coffee City, building...
Parliament Approves Budget Framework Paper as MPs Return to Complete Appropriation
Parliament Approves Budget Framework Paper as MPs Return to Complete AppropriationParliament on Thursday approved the National Budget Framework Paper (NBFP) for FY 2026/2...
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 le...
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 affair...
Gaming Board, police dismantle illegal machine factory in Soroti, arrest Chinese national
Arrested China national known as Lin Haiyun and the illegal equipment he has been operating.Authorities have dismantled an illegal gaming machine manufacturing facility i...
Uganda Airlines faces international ban over gross mismanagement, warns Mwenda
Mwenda says unless radical changes are implemented within the next three months, the Uganda Civil Aviation Authority (UCAA) will be forced to ground the fleet or face glo...
Standard Chartered boss throws in the towel as bank struggles deepen in Uganda and Kenya
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 exe...
Samsung to offer treasury shares worth $120 million as bonuses
Seoul, Jan 26 Samsung Electronics said on Monday it plans to provide treasury shares worth 175.2 billion won ...Samsung to offer treasury shares worth $120 million as bon...