Tag Archives: Top

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 …

A storm is brewing in Uganda’s diplomatic circles after a senior official deployed by the Ministry of Foreign Affairs to an Africa nation allegedly ran off with another man’s wife. RedPepper has learnt that the diplomat (names withheld for now) is accused by sources of volatile behaviour and a dark violence past, claims that have circulated for years in Kampala …

Drama unfolded in Kampala as a self-styled “State House insider” was remanded to prison after allegedly pocketing Shs20 million in a brazen scam involving a forged presidential appointment letter to the Uganda Railways Corporation. Nicholas Arinda was arraigned Wednesday before the Buganda Road Chief Magistrate’s Court and charged with forgery, uttering a false document, and obtaining money by false pretence. …

When President Yoweri Museveni summoned officials from the Ministry of Water and Environment and the National Environmental Management Authority (NEMA) to his Kisozi farm in Gomba recently, the mood was anything but routine. According to sources familiar with the meeting, the President was deeply dissatisfied with what he described as a failed war against wetland encroachment, despite years of policies, …

In the heart of Kampala, a unique creative force is blurring the lines between structural design and melodic rhythm. Brian Matsiko, known to the music world as Faymous, is proving that you don’t have to choose between a professional career and a passion for the arts. A Foundation of Excellence Faymous’ journey began in Mbarara City, where his discipline was …

A report has detailed that Coca-Cola used nearly 8 billion pounds of plastic in 2024, a marked increase from the 1.4 billion pounds it used in 2019. What’s happening? According to Oceana, citing figures from the Ellen MacArthur Foundation’s 2025 progress report, the company’s plastic use increased by nearly 5% in just one year, right after it scaled back its …

Kampala – Uganda’s science and innovation sector is reeling from mounting allegations of institutional decay, political interference and shadowy management of multi-billion-shilling projects, as fresh details emerge linking recruitment chaos at the Uganda National Council for Science and Technology (UNCST) to a wider governance crisis at the Ministry of Science, Technology and Innovation (STI). At the centre of the storm …

The ruling National Resistance Movement (NRM) party officials in Kampala are intensifying preparations for the 2026 general elections with a strong appeal for reconciliation and unity among members. Citing past electoral losses in the capital, party leaders acknowledge that internal divisions have consistently undermined the NRM’s extensive organizational structure. During a mobilization meeting, Salim Uhuru Nsubuga, the NRM Vice Chairperson …

Finance Trust Monthly Awards: Kamiyat Naigaga Shines Bright as October’s Best, Belyse Named Top Coach | Voice of Bugerere Home Sports Women Football Finance Trust Monthly Awards: Kamiyat Naigaga Shines Bright as October’s Best, Belyse Named Top Coach

KAMPALA — A storm has engulfed Uganda’s pharmaceutical sector following the revelation that the deadly anaesthetic drug Bupitroy Heavy (Bupivacaine 0.5%), recently recalled by the National Drug Authority (NDA), was manufactured in India and distributed locally by one of East Africa’s largest pharmaceutical giants — Abacus Pharma (A) Limited. The NDA’s “Class A” recall, the highest possible level signaling life-threatening …