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 approved FTB’s transition from a Tier I commercial bank to a Tier II credit institution effective April 1, 2026, and went on to announce the decision publically in a notice issued Thursday, Jan. 29, it …
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BIG HEART! M7 Forgives Swiss-Indian Tycoon Oswal Who Tarnished Uganda Image With Daughter ‘Torture’ Lies
Big-hearted President Yoweri Museveni has forgiven Swiss-Indian billionaire Pankaj Oswal, whose family in 2024 launched an international smear campaign accusing Uganda of abducting and torturing their daughter. Oswal and his kin – wife Radhika Oswal, daughter Riddhi Oswal ran to every media house—local and international—plus the United Nations Working Group on Arbitrary Detention (WGAD), painting Uganda as a rogue state …
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