Tag Archives: Lies

By Ben Musanje Minister for Water and Environment Maj Gen (Rtd) Kahinda Otafiire has directed the Uganda National Meteorological Authority (UNMA) to prepare and submit a comprehensive budget aimed at equipping the agency with modern weather forecasting tools, saying government is ready to support efforts to strengthen forecasting services across the country. Speaking during his inaugural address at the Ministry …

× By A. Lubowa Kampala I appreciate the concern by a section of some people following the naming of Dr Lawrence Muganga as state minister for internal affairs where some sort of hateful misinformation against him is in over drive. While the haters may hide behind the allegation of dual citizenship, the reality could be that all negative propaganda is …

Africa’s so-called banking powerhouse, Nigeria’s Access Bank, is once again under the spotlight after another high-profile merger deal spectacularly collapsed—this time in South Africa. Barely months after Uganda’s Finance Trust Bank (FTB) was left gasping for air following a failed takeover promise, Access Bank has now walked away from a Sh625.4 billion agreement to acquire 100% of Bidvest Bank Holdings …

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 …

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 …