Russian stocks continued to plunge on Monday, fuelling fears of a major financial crisis following Donald Trump's swingeing new sanctions. The Kremlin has been rocked by the White House's decision last week to target its two largest oil companies in the latest sanctions package.
Morocco plans to abandon coal power entirely by 2040 if it secures international climate finance, the Powering Past Coal Alliance (PPCA) said on Thursday.Morocco joined the international PPCA, a group of around 60 governments seeking to phase out coal power, in 2023, in a bid to progress n
Key PointsThere are now more than 145,000 Bitcoin millionaires in the world.Due to Bitcoin's impressive performance during the past five years, investors have been able to tap into the power of compounding returns.Spot Bitcoin ETFs create an easy, conven
Business executives must remember that customers are human beings navigating the same economic stormsCOMMENT | SIMON DDEMBE | The year 2025 has tested the resilience of many Ugandans. Business activity has remained sluggish, household incomes continue to shrink, and countless f
LILONGWE | Xinhua | Malawian President Peter Mutharika has issued an executive order banning the export of raw, unprocessed minerals as the country gears itself up to develop its wide range of mineral resources.The order was released on Saturday, reaffirming the government’s c
Bitcoin price has been stable for a few days, holding position at the USD 1,11,000 mark. The cryptocurrency was trading at a higher price before, but since its fall from the USD 1,26,000 all-time mark, the BTC price has also declined. Experts predict that the Bitcoin price may rise in the future,
Why speed of the upswing has been much faster than analysts predicted and why the rally is likely to continue?COMMENT | LUKE HARTIGAN | The price of gold surged above US$4,100 (Approx. Shs14 million) an ounce (Approx.28g) on Oct.15 for the first time, taking this year’s extrao
180 days after taking over from Umeme, Uganda Electricity Distribution Company Limited (UEDCL) has connected 230,000 clients and filled all staffing gaps. However, power cuts continue to be a major challenge that clients and the public have been complaining about. Sudhir Byaruhanga spoke to UEDCL
MTN Mobile Money (U) Ltd (MTN MoMo) and partners have launched a nationwide cybersecurity awareness campaign under the theme “Securing the Future: The Rise of AI” to educate customers on safe digital practices amid rising cyber threats.Speaking at a p
This article covers a developing story. Continue to check back with us as we will be adding more information as it becomes available.Amazon Web Services (AWS), a cloud computing platform, is currently down. And while the previous sentence might make it so
