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...
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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 E...
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...
UPDF picks 10 Military MPs in Bombo as Defence Forces Council votes
The Uganda Peoples’ Defence Forces (UPDF) has elected 10 military representatives to Parliament following a vote by the Defence Forces Council electoral college, ahead...
Mayoral polls plagued by ballot stuffing and voter apathy
Ugandan municipal elections were hit by low voter turnout and claims of fraud, with officials in Masaka and Soroti reporting ballot stuffing and arrests during the mayora...
Apac Mayor race tightens as incumbent Patick Ongom arrested, while rivals take early lead
The Apac Municipality mayoral race tightened on Tuesday after police arrested the incumbent over alleged incitement, as rivals took an early lead in provisional results.A...
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...
EPL: ‘They might end up in trouble’ – Jermaine Jenas predicts Arsenal vs Man United
Former Tottenham star, Jermaine Jenas, has predicted the Premier League game between Arsenal and Manchester United.He thinks Arsenal might be surprised by Manchester Unit...