BoU Grants Finance Trust Bank Tier II Credit Institution Licence
The Bank of Uganda (BoU) has granted a licence to Finance Trust Bank Limited to operate as a Tier II Credit Institution. The licence follows a decision by Finance Trust Bank’s Board of Directors to adopt a strategic shift aimed at repositioning the institution to better serve its core customer
Auditor General Flags BoU Fraud, Excess UMEME Payout and Uganda Airlines Challenges
The Auditor General is scheduled to present the 2025 audit report to the Speaker of Parliament, Anita Among, with special audits into the operations of Uganda Airlines, the Shs 60 billion Bank of Uganda (BoU) money heist, and the verification of the UMEME buyout payout dominating the report. The development
List: Who are the elected army representatives to Parliament
The Army Council has elected 10 representatives to Parliament ahead of the 2026–2031 term. The election exercise was presided over by Justice Simon Mugenyi Byabakama, the Chairperson of the Electoral Commission (EC), at the Land Forces Headquarters in Bombo, Luweero District. Chaired by President Yoweri Museveni, the Commander-in-Chief of the
Beyond the Numbers: Tackling Teacher Absenteeism Through Smart Support, Not Blame in 2026
By Sserunjogi Ivan In 2025, reports emerged that Namutumba District faced high teacher absenteeism and alleged recruitment of incompetent teachers. Such reports alarm the public, suggesting a collapse in teacher accountability as the 2026 academic year begins. Yet, as with many education debates in Uganda, the reality is far more
Sarah Bireete Freed After One Month in Jail
The Buganda Road Chief Magistrate’s Court has released human rights activist Sarah Bireete after she spent one month in jail. Bireete was granted bail on cash of Shs 1 million, with her sureties bonded Shs 10 million non-cash. Magistrate Winnie Nankya is barred from leaving the country without the court’s
Inside UWA’s Shs 10 Billion request to purchase Helicopter
The Uganda Wildlife Authority (UWA) is seeking Shs 10 billion to purchase a helicopter for monitoring national parks, rescuing animals, and transporting veterinary doctors quickly to treat injured wildlife. The request raised questions from Members of Parliament (MPs) processing the matter, who asked whether the proposed amount includes funds for
Bireete returns as Bail Verdict Looms
The Buganda Road Chief Magistrate’s Court is set to rule on the bail application filed by jailed human rights activist Sarah Bireete. Through her lawyers, led by Anthony Asiimwe, Vice President of the Uganda Law Society (ULS), Bireete applied for bail, arguing that she is a law-abiding citizen with a
Formula 1, Standard Chartered Partner to Promote Inclusion in Motorsport
Standard Chartered has been named Formula 1’s Official Wealth Management Partner and Official Corporate and Investment Banking Partner in a multi-year deal starting in 2026. The partnership unites two organisations defined by a relentless pursuit of performance and distinctive global connectivity. Formula 1 is one of the fastest-growing sports in
NRM CEC Endorses Among, Tayebwa for Speaker and Deputy Speaker
The Central Executive Committee (CEC) of the National Resistance Movement (NRM), chaired by its chairman, President Yoweri Museveni, has endorsed Anita Among and Thomas Tayebwa for the positions of Speaker and Deputy Speaker of Parliament, respectively. The two legislators were endorsed during a top CEC meeting held last evening at
Five Arrested over Shooting of Ntawo Police Post Commander
Security agencies have arrested five suspects implicated in the shooting death of the Officer-in-Charge of Ntawo Police Post and a series of aggravated robberies within the Kampala Metropolitan Policing Area. Three firearms were recovered during the operations. The arrests were made during intelligence-led operations conducted between January 24 and 27,
