As the storm rages inside the Electricity Regulatory Authority, a fresh and potentially explosive allegation has emerged — one that strikes at the heart of national economic policy. Sources now claim that the CEO, Eng. Ziria Tibalwa Waako, has allegedly misguided the Head of State into believing that industrial customers can immediately be charged as low as 5 US cents …
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PEANUTS PAY, POWER WARS, PROFITS GREED…The real story behind MTN MoMo boss Yego shock exit
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. …
Read More »StanChart in Chaos! Top Boss Jumps Ship, Joins Rival, Shares Plunge
Standard Chartered’s shares tumbled last week following sudden exit of Chief Financial Officer Diego De Giorgi. The bank’s London shares fell 4.1% at the market open while its Hong Kong-listed stock dropped as much as 6.4% before paring losses to stand 1.7% lower, underperforming the benchmark Hang Seng index which was up nearly 0.6%. De Giorgi stepped down from the role …
Read More »No New Boss Yet! State House Rubbishes Minister Balaam Claims on Uganda Airlines CEO Appointment
President Yoweri Kaguta Museveni (M7) on February 4, 2026, held talks with former Ethiopian Airlines Chief Executive Officer Girma Wake and veteran pilot Robert Kateera at State House, Entebbe, a meeting that sparked intense speculation over the future leadership of Uganda Airlines. However, State House has clarified that no appointment was made. The meeting triggered a wave of social media …
Read More »Ugandan Workers Abroad Face Scrutiny After Kadaama Maid Allegedly Kills Boss in Syria
Syria—Damascus was still asleep when horror struck the home of legendary Syrian actress Huda Shaarawi, the woman millions knew as Umm Zaki. At around 5:00 a.m. last week Thursday morning, January 29, 2026, the 88-year-old star was bludgeoned to death while lying in her bed, her life ending violently after more than five decades of shaping Syrian drama. According to …
Read More »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 executives are heading for the exit and its once-proud retail empire in Uganda has collapsed into a fire sale. In the latest bombshell, Standard Chartered Bank Kenya CEO Kariuki Ngari has announced he …
Read More »SECRETS EXPOSED! How fight over UN Agriculture Fund’s Sh30bn landed Hongera Sana boss in trouble
A bitter scramble for billions from a United Nations agriculture fund has landed the national coordinator of Hongera Sana Uganda in serious trouble, exposing deep cracks within Uganda’s security establishment and raising troubling questions about the use of intelligence agencies in civilian programmes. Hongera Sana — a Swahili phrase meaning “big congratulations” — was unveiled as a national initiative under …
Read More »M7 Directive Leaves UPDF Fisheries Unit Boss Lt. Col. Mercy Tukahirwa Job Hanging in Balance
President Yoweri Kaguta Museveni’s latest directives on fisheries management have thrown the future of the Uganda People’s Defence Forces (UPDF) Fisheries Protection Unit (FPU) commander, Lt. Col. Mercy Tukahirwa, into fresh uncertainty, as pressure mounts over alleged excesses by the unit she leads. While campaigning in Buliisa and Kikuube districts this month, the President openly acknowledged widespread complaints from fishing …
Read More »Jolly Katerega Trashes Allegations Linking Her to CID Boss Magambo
Jolly S. Katerega, the wife to embattled Kampala University Prof. Badru Kateregga, has issued a strong rebuttal to what she describes as false and malicious allegations circulating on social media and in sections of the media, linking her to an alleged affair with the Director of the Criminal Investigations Directorate (CID), AIGP Tom Magambo. In an official statement released Tuesday …
Read More »CID Boss Magambo Dismisses Smear Campaign Over Prof Kateregga’s Marital Woes
The Director of Criminal Investigations (CID), AIGP Tom Magambo, has dismissed what he described as a recurring smear campaign attempting to link him and the CID directorate to the ongoing marital and property dispute involving Kampala International University founder Prof. Badru Kateregga and his wife, Jolly Shubaiha Kateregga. Speaking to RedPepper after a message circulated widely on WhatsApp and social …
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