The Bank of Uganda’s decision to reclassify Finance Trust Bank (FTB) from a Tier I commercial bank to a Tier II credit institution has drawn a firm line under years of regulatory pressure, capital shortfalls, and strategic miscalculations that steadily eroded the lender’s standing...

Kampala:– In a historic ceremony at Kololo Ceremonial Grounds, His Excellency President Yoweri Kaguta Museveni conferred the Distinguished Order of the Crested Crane (Grand Officer) upon Mr. Barot Harshad Maganbhai, the Chairman of Tirupati Development (U) Limited, recognising his exceptional contribution to Uganda’s national...