Category: Business

BoU Pushes New Credit Rules to Unlock Loans for Every Ugandan

BoU Pushes New Credit Rules to Unlock Loans for Every Ugandan

David Kalyango, the Executive Director of Supervision at the Bank of Uganda, explained the vision: ensuring that every Ugandan, no matter their type of work, can access credit to grow businesses, boost investments, and drive development.The Bank of Uganda has been locked in a heated debate

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Ham Kiggundu Defends Nakivubo Project

Ham Kiggundu Defends Nakivubo Project

A deaf and dumb father of 12 children who has been held at Luzira prison for over a year on allegations of using his three-year-old child to beg, is appealing for justice and release as he awaits trial in the High Court.Thirty-six-year-old&

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Gold dips as dollar firms, investors weigh U.S. rate cut bets

Gold dips as dollar firms, investors weigh U.S. rate cut bets

Gold dips as dollar firms, investors weigh U.S. rate cut betscnbc.com25minNOVOSIBIRSK, RUSSIA - SEPTEMBER 15: A worker shows granules of gold at Novosibirsk Refining Plant, Russia's leading gold refining and bar manufacturing plant, in Novosibirsk, Russia on September 15, 202

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Bitcoin Price Today, November 24, 2025: BTC Price Slightly up USD 87,000 After Falling to USD 86,000 Recently, Significantly Down From Its Previous Highs

Bitcoin Price Today, November 24, 2025: BTC Price Slightly up USD 87,000 After Falling to USD 86,000 Recently, Significantly Down From Its Previous Highs

Bitcoin has seen a slight rebound after dropping to USD 86,000, rising to USD 87,540 as of November 24, 2025. The cryptocurrency remains far below its earlier peak of USD 126,000, having plunged under USD 100,000 and declined for several days. Market conditions remain weak, and any meaningful rec

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Putin in panic as Russia faces economic meltdown with banks facing £100bn 'time bomb'

Putin in panic as Russia faces economic meltdown with banks facing £100bn 'time bomb'

Russia's economy is facing a "time bomb", as sanctions escalate and interest rates remain high. Businesses around the country are struggling to pay back loans and are fighting to stave off bankruptcy.Firms have watched on helplessly as interest rates were hiked to 21% towards the end of 20

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Russia, China readying 80 joint projects to the tune of $200 billion — envoy

Russia, China readying 80 joint projects to the tune of $200 billion — envoy

According to Boris Titov, so far in 2005, Chinese entrepreneurs have officially registered 13,000 firms in RussiaXI’AN /China/, November 24. /TASS/. Russia and China are preparing an estimated $200 billion of joint investment projects, Boris Titov, co-chairman of the Russian-Chinese Comm

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Wall Street finally is giving altcoins a seat at the table – But can they keep it?

Wall Street finally is giving altcoins a seat at the table – But can they keep it?

Solid inflows clash with a weak altseason index, so all’s not what it seems.Wall Street finally is giving altcoins a seat at the table - But can they keep it?Key TakeawaysAre altcoin ETFs enough to trigger an altseason?Early inflows are strong for some assets, but th

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Treasury bills auction attracts Shs567b as investor demand surges.

Treasury bills auction attracts Shs567b as investor demand surges.

Uganda’s domestic debt market continues to heat up, with the latest Treasury Bills auction attracting overwhelming investor interest and confirming growing confidence in government securities as a safe and lucrative investment option.In Auction No. 1218 held on November 19, 2025, the Ban

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Bitcoin Price Today, November 23, 2025: BTC Price Shows Slight Upward Trend, Trading Above USD 86,000 Mark

Bitcoin Price Today, November 23, 2025: BTC Price Shows Slight Upward Trend, Trading Above USD 86,000 Mark

Bitcoin price rose to USD 86,084.62 on November 23, 2025, showing a slight upward trend from its previous levels of USD 84,187.74 and USD 83,849.64. The shifts highlight its volatility. If the upward movement continues, Bitcoin could gain momentum, though it is unclear whether this trend will hol

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Sudhir’s Paradise Resort: A Rajiv-Inspired Masterpiece on Lake Victoria Now Winning Hearts of Weekend Travellers.

Sudhir’s Paradise Resort: A Rajiv-Inspired Masterpiece on Lake Victoria Now Winning Hearts of Weekend Travellers.

Sudhir’s Paradise Resort: A Rajiv-Inspired Masterpiece on Lake Victoria Now Winning Hearts of Weekend TravellersBy Spy UgandaTycoon Sudhir’s Paradise Resort, the Ruparelia Group’s newest jewel on Lake Victoria, has quickly risen from a bold dream into one of Uganda’s most ca

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