Author: Nyanzi Live

Finance Trust Bank Limited has taken the unusual step of voluntarily downgrading its operating licence from a Tier I commercial bank to a Tier II credit institution, a move approved by the Bank of Uganda and scheduled to take effect on April 1, 2026. The decision places the bank among a growing number of financial institutions that have opted to scale down operations in response to Uganda’s tightened capital requirements for commercial banks, raising fresh questions about what the change means for customers and whether confidence in the institution should be affected. Why the Bank Chose to Downgrade In recent…

Deputy Speaker of Parliament Hon. Thomas Tayebwa has firmly ruled out the possibility of former Democratic Party (DP) president and Justice Minister Norbert Mao becoming Speaker of the 12th Parliament, saying the ruling National Resistance Movement (NRM) will retain the top parliamentary leadership positions within its ranks. Tayebwa made the remarks on Saturday during the burial of the late Noreda Bangirana, mother of State Minister for Health (General Duties) Anifa Kawooya, held at All Saints Church grounds in Nyaruziba, Rukiga District. “I am 100 percent sure that the NRM government and the NRM party will bring the Speaker and Deputy…

In a pulsating Premier League clash at Anfield on Sunday, February 8, 2026, Manchester City snatched a dramatic 2–1 victory over Liverpool, thanks to a 90+3rd-minute penalty converted by Erling Haaland that capped a furious late comeback. Liverpool had taken the lead through Dominik Szoboszlai’s sublime free-kick in the 74th minute, only for Bernardo Silva to equalize in the 84th before Haaland’s winner plunged the home side into fresh uncertainty. The result is a bitter blow for Liverpool, whose title defence continues to unravel. The Reds now sit well behind Premier League leaders Arsenal and Manchester City, eroding their chances…

Rising majestically over the gently rolling plains of Seeta-Namuganga in Mukono District, Namuganga Hill is a landmark that captures the eye from several kilometres away. Villagers from as far as Kituula and Gimbi can see its rocky silhouette, making it one of the most recognisable features in the area. Despite its prominence and natural beauty, Namuganga Hill remains largely neglected by Uganda’s Tourism Board, and few visitors make the journey to appreciate its scale and cultural significance. Locals, however, have long known the hill as a natural landmark that not only dominates the horizon but also serves as a point…

President Museveni and his Tanzanian counterpart, Ms Samia Suluhu Hassan, yesterday held bilateral talks in Dar es Salaam, reaffirming the two countries’ commitment to strengthening cooperation in energy, trade and regional security. President Museveni, who was on a one-day working visit to Tanzania at the invitation of President Samia, was received at State House, where the two leaders reviewed progress on key joint infrastructure projects and discussed ways to deepen economic integration. A major focus of the meeting was the East African Crude Oil Pipeline (EACOP), a flagship project linking Uganda’s oil fields in Hoima to the Tanzanian port of…

National Unity Platform (NUP) president Robert Kyagulanyi, popularly known as Bobi Wine, has spoken candidly about the threats he faces, the arrest of opposition leaders, and what he describes as gross human rights violations in Uganda, saying his foremost wish is simply “to be alive.” Speaking to Jaira Reports, Kyagulanyi recounted traumatic experiences following the disputed elections, including the alleged humiliation of his wife by security forces. He said she was stripped naked by the army, an incident he cited as emblematic of what he called a campaign of repression against dissenting voices. Kyagulanyi maintained that the opposition defeated President…

The Uganda People’s Defence Forces (UPDF) has been plunged into mourning following the death of Major General Francis Takirwa, the Deputy Commander of Land Forces. Gen. Takirwa passed away on Saturday, February 7, 2026, after a period of illness, according to security sources familiar with the matter. The UPDF is expected to release further details regarding the circumstances and official cause of death later in the day. Born on 7 November 1965 in Mbarara District, Gen. Takirwa had a longstanding and distinguished military career spanning over three decades. He joined the Uganda Military in the late 1980s and steadily rose…

Sanyuka Television has suspended “The Barometer” host, Mr Adam Kungu, for two episodes following what management described as serious violations of editorial and broadcasting standards. In a letter dated February 4, 2026, the management of Next Media Services informed Mr Kungu of his immediate suspension and the launch of a formal investigation into the programme aired on February 2, 2026. The letter, seen by Mukono News, states that a preliminary review found the show to be in breach of the company’s editorial guidelines and the Uganda Communications Commission (UCC) minimum broadcasting standards. “The show degenerated into an unacceptable exchange of…

Renowned Ugandan media personality Isaac Daniel Katende, popularly known as Kasuku, is mourning the loss of his grandmother after she passed away on Friday night, according to posts shared by the influencer on social media and widely circulated reports from local news outlets. In a heartfelt announcement on his WhatsApp status and social media, Kasuku described the death of his grandmother as a deeply personal blow, saying he feels as if “his entire life is shattered” and that he does not know how he will “navigate life without her”. Family members and friends confirmed that the elderly woman had been…

Kalungu East Member of Parliament-elect Yusuf Kiruuta Nkeretanyi on Friday appeared before Buganda Road Chief Magistrate’s Court in Kampala to answer charges related to a multi-billion-shilling theft case, court documents and prosecution submissions reveal. Mr Nkeretanyi, 32, who was declared winner of the Kalungu East parliamentary seat in the recently concluded January 2026 elections, was charged alongside three other suspects over the alleged theft and handling of stolen curtain materials valued at Shs3,776,802,650. Prosecution led by Senior State Attorney Allan Muchuguzi told Chief Magistrate Ritah Neube Kidasa that Mr Nkeretanyi was the main recipient of assorted curtain materials stolen from…