Category: Business

South African rand flat ahead of leading economic indicator, local inflation data

South African rand flat ahead of leading economic indicator, local inflation data

JOHANNESBURG, Dec 17 (Reuters) – The South African rand was flat in early trade on Tuesday, ahead of the release of local central bank data and inflation data that will shed light on the country’s economic outlook.At 0512 GMT, the rand traded at 16.75 against the dollar, little changed

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Bitcoin’s price ‘fails’ twice, but here’s why a crypto-winter is still unlikely

Bitcoin’s price ‘fails’ twice, but here’s why a crypto-winter is still unlikely

Bitcoin's price 'fails' twice, but here's why a crypto-winter is still unlikelyBitcoin’s [BTC] recovery efforts haven’t been totally successful lately. In the last 8 days, Bitcoin has tested the $94k local resistance twice.Both times, it failed to break through. As things stand,

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Big story: Uganda to Borrow $2bn (Shs7.6 tn) from Oil Trading Giant Vitol for Oil, Roads Projects

Big story: Uganda to Borrow $2bn (Shs7.6 tn) from Oil Trading Giant Vitol for Oil, Roads Projects

“UNOC will be able to generate revenues of up to USD 5.6 billion” (about Shs21.3 trillion) from the projects when implemented," the ministry said, adding that the loan would reduce pressure on the consolidated fund and enable quicker realisation of revenues from the oil and gas sectorS

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Adam Back shuts down Quantum FUD that could ‘likely crash Bitcoin’s market’

Adam Back shuts down Quantum FUD that could ‘likely crash Bitcoin’s market’

Some holders have migrated to a relatively secure address format called Segwit.Bitcoin quantumQuantum computing has made some progress, but not to the extent that it could pose a threat to the Bitcoin network and related wallets.According to Adam Back, CEO of Blockstream and

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Bitcoin Price Today, December 16, 2025: BTC Price Falls Below USD 86,000 Amid Selling Pressure.

Bitcoin Price Today, December 16, 2025: BTC Price Falls Below USD 86,000 Amid Selling Pressure.

Bitcoin prices have fallen sharply compared to yesterday, slipping to USD 85,550. The cryptocurrency was trading close to the USD 90,000 level on December 15 before a clear downward trend emerged. Increased selling pressure, weaker market sentiment and thin liquidity have weighed on prices, makin

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Uganda: Kasese Cotton Farmers Decry Climate Change, Low Prices, Call for Government Intervention

Uganda: Kasese Cotton Farmers Decry Climate Change, Low Prices, Call for Government Intervention

Cotton farmers in Kasese District have raised fresh concerns over climate change and falling market prices, warning that the twin challenges are threatening the survival of one of the region's once most reliable cash crops.Farmers say prolonged dry spells

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MTN Uganda, Entebbe Club Celebrate the Official Opening of the Refurbished Entebbe Clubhouse

MTN Uganda, Entebbe Club Celebrate the Official Opening of the Refurbished Entebbe Clubhouse

MTN Uganda and the Entebbe Club have officially opened the newly refurbished Entebbe Clubhouse in a ceremony held this evening at the historic club grounds. The event was graced by the Attorney General of Uganda as Guest of Honour, alongside MTN Uganda Chief Exe

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Uganda Coffee Exports Hit 8.4m Bags Worth Shs8.2Trillion in 12 Months

Uganda Coffee Exports Hit 8.4m Bags Worth Shs8.2Trillion in 12 Months

Uganda’s coffee industry is on a record-breaking trajectory, with exports reaching 8.4 million 60-kilogram bags, valued at UGX 8.2 trillion (US$ 2.4 billion) over the 12 months from November 2024 to October 2025, the Ministry of Agriculture, Animal Industry an

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HUAWEI HORROR! Migrant workers executing Ugandan projects decry harsh conditions…workers say Huawei seizes Passports, silences complaints

HUAWEI HORROR! Migrant workers executing Ugandan projects decry harsh conditions…workers say Huawei seizes Passports, silences complaints

Beneath the glossy billboards bragging about 5G speeds and “Digital Uganda Vision 2040,” a far darker story is unfolding in the dust and heat of Uganda’s network extension sites. While Huawei basks in praise for powering Uganda’s next-generation networks

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Bitcoin firm Twenty One Capital drops 20% on first day of trading

Bitcoin firm Twenty One Capital drops 20% on first day of trading

Twenty One Capital came to market with over $4 billion in Bitcoin, but its lack of publicly shared business plans appears to have led some investors to the exit.Shares in Twenty One Capital (XXI), the newest crypto treasury company in the US, slid 20% on its trading debut after merging wit

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I’m Happy for Chosen Becky, Even If It Ends in Tears – Cindy Sanyu

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High Court to Decide Walukaaga’s Fate on December 22

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I Spotted Jose Chameleone’s Talent in Kawempe – Omulangira Ndausi

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Social Media Celebrities Set to Spend Christmas Holiday in Prison

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Uganda Moves to Buy Stake in Kenya Oil Pipeline

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