PEANUTS PAY, POWER WARS, PROFITS GREED…The real story behind MTN MoMo boss Yego shock exit

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Shockwaves are still rippling through Uganda’s telecom corridors after Richard Yego, the Managing Director of MTN Mobile Money Uganda Ltd (MTN MoMo), stepped down, setting the stage for a dramatic February 2026 handover. Officially, it is a diplomatic transition. Unofficially, insiders are whispering about peanuts salary, boardroom jealousy, profit obsession and a silent corporate war that made his position untenable. …

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FINANCIAL FACE-OFF! Experts Weigh in on Afreximbank Ratings War with Credit Giant Fitch

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A storm is brewing in global finance after the African Export-Import Bank, popularly known as Afreximbank, terminated its credit rating relationship with Fitch Ratings in a move that has sent shockwaves through African financial markets. In a sharply worded public statement, Afreximbank said the credit rating exercise “no longer reflects a good understanding of the Bank’s Establishment Agreement, its mission, …

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STORM BREWS AT NDA!  Decision Inertia, Revenue Missed, Bills Unpaid, Plans Stalled, Eight Floors Idle… Is It Time to Crack the Whip on Namanya?

NDA Tower

The latest Auditor General’s report as of December 2025 has torn the lid off troubling financial and operational gaps at the National Drug Authority (NDA), raising uncomfortable questions about whether the regulator charged with protecting Ugandans from dangerous medicines is itself suffering from regulatory paralysis. At the heart of the bombshell findings are unclaimed deposits totaling a staggering UGX 4.532 …

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BUNYORO SUGARCANE UNION SUE GOVERNMENT OVER CLOSURE OF WEIGHBRIDGES

BUNYORO SUGARCANE UNION SUE GOVERNMENT OVER CLOSURE OF WEIGHBRIDGES

Post Views: 12 By Andama MosesIn Bunyorowww.mknewslink.com—–The High Court in Masindi has fixed February 26, 2026, to begin hearing a case in which the Bunyoro Sugarcane Cooperative Union is seeking to restore roadside weighbridges that government shut down over allegations that they were fueling widespread sugarcane theft. The union filed Civil Suit No. 0002 of 2026 challenging the closure …

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Dead or alive! Army Chief Muhoozi renews search for Bobi Wine » The Hoima Post –

Dead or alive Army Chief Muhoozi renews search for Bobi

The search for Uganda’s opposition leader Robert Kyagulanyi, popularly known as Bobi Wine, has resumed after a brief suspension, Uganda People’s Defence Forces (UPDF) General Muhoozi Kainerugaba has said. He said the hunt for Wine was temporarily halted for 24 hours on the instructions of President Yoweri Museveni but later resumed following fresh orders issued to the military. “Our troops …

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Uganda’s Leading Opposition Leader’s Family Flees Abroad for Safety » The Hoima Post –

Ugandas Leading Opposition Leaders Family Flees Abroad for Safety

Opposition leader and National Unity Platform (NUP) presidential candidate Robert Kyagulanyi Ssentamu, popularly known as Bobi Wine, has said that security forces deployed at his home in Magere are guarding an empty house after his wife and children fled the country for safety. Speaking at the Geneva Human Rights Conference, Bobi Wine said the heavy security presence at his residence …

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UPDF CHIEF threatens to “crush” journalists » The Hoima Post –

UPDF CHIEF threatens to crush journalists The Hoima Post.webp

son of President Yoweri Museveni has drawn sharp criticism from press freedom advocates after posting a series of inflammatory messages on social media targeting independent journalists. General Muhoozi Kainerugaba, commander of Uganda’s People’s Defence Forces, used his now-deleted Twitter account to issue warnings against reporters from the Daily Monitor, one of Uganda’s most prominent independent newspapers. In the posts, he …

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We are not Moved by Nsibambi’s Actions- FDC

We are not Moved by Nsibambis Actions FDC

Najjanankumbi– The Forum for Democratic Change (FDC) has acknowledged the defection of its former Chief Whip in Parliament, Yusuf Nsibambi, to the National Resistance Movement (NRM), describing the move as disappointing but not unexpected. A Photo montage of Yusuf Nsibambi and Patrick Oboi Amuriat. In a statement dated February 18, 2026, Signed by Hon. Patrick Amuriat Oboi, the Party President,the party …

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OVO x McDonald’s Afters Meal Launches In Canada

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