Museveni halts Central Bank directive on Sacco licensing
President Yoweri Museveni has directed the Bank of Uganda (BoU) to halt threats and directives aimed at forcing Savings and Credit Cooperative Organisations (Saccos) to a...
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IT’S FAKE! State House disowns circulating Museveni letter approving Shs2.5 bn grant to “investor”
The State House of Uganda has said the letter making rounds on social media purportedly authored by President Yoweri Kaguta Museveni approving a Shs2.5 billion grant to a...
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...
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...
Uganda investigates Almohen Trade Ltd over alleged election interference, gold smuggling
KAMPALA, Uganda — Security agencies have launched a massive investigation into a sophisticated gold-smuggling ring allegedly used to funnel untraceable international fu...
BREAKING! Kamuli District CAO, CFO Charged Over Embezzlement of Over Shs600M Road Fund
The Kamuli District Chief Administrative Officer (CAO) and Chief Finance Officer (CFO) have been arraigned and charged in court over alleged embezzlement of over Shs600M...
Sudhir Ruparelia Loses Shs 40bn Case Against dfcu Bank
Sudhir RupareliaKampala — The High Court has dismissed an application by Meera Investments Ltd, led by businessman Dr. Sudhir Ruparelia, seeking to have dfcu Bank cited...
Starlink, Airtel Uganda to Launch Partnership on Friday
The technology is particularly useful for rural communities, islands, border areas and for providing backup connectivity when ground networks are disruptedKampala — Air...
Museveni gives China-Uganda Mbale Industrial Park thumbs up, second park planned
A team from the China-Uganda Mbale Industrial Park briefs President Museveni and First Lady Janet Museveni. Far right is Luke Wang, Managing Director, Tian Tang Group, an...
Court Orders Mukesh To Pay UGX14billion For Illegally Occupying Part of Shumuk House
This follows a protracted legal battle between the late Kampala businessman Bonney Katatumba and Shukla Mukesh and his companies over the ownership of Shumuk Businessman...