Category: Business

Four Traders Remanded to Luzira Over Kampala Protests

Four Traders Remanded to Luzira Over Kampala Protests

Police fired tear gas at traders.Four city traders have been remanded to Luzira Prison after being charged with causing common nuisance during Monday’s protests over high taxes and rent in Kampala.The accused — Sunday John Baptist, Nsamba Kenny

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UWA’s Revenue Sharing Standoff: Local Governments’ Accountability Issues Halt Funds for Communities

UWA’s Revenue Sharing Standoff: Local Governments’ Accountability Issues Halt Funds for Communities

The Uganda Wildlife Authority (UWA) has revealed that Queen Elizabeth National Park in Western Uganda is currently is stuck with One Billion, Five Hundred Million Shillings (Shs 1.5Bn) due to local governments’ failure to account for funds allocated during the financial year 2023/2024.Ea

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In Iritty, herd of wild elephants destroys 600 plantain trees in a single night

In Iritty, herd of wild elephants destroys 600 plantain trees in a single night

Three elephants that crossed the Paalappuzha river from the Aralam Farm completely ravaged the farmIn Iritty, herd of wild elephants destroys 600 plantain trees in a single nightFarmer Babu Joseph at the plantain farm in Palappuzha Koodaladu that was destroyed by a herd of wild elep

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New roadmap to drive growth and transformation in agriculture

New roadmap to drive growth and transformation in agriculture

A Science, Technology and Innovation Roadmap for Agriculture, being developed by the Department of Science, Technology and Innovation in partnership with the Food and Agriculture Organization of the United Nations, is expected to be completed by end-September 2026.New roadmap to drive grow

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All about Czech National Bank’s first $1M crypto purchase

All about Czech National Bank’s first $1M crypto purchase

CNB Governor Aleš Michl aims to explore Bitcoin’s role in reserve diversification through testing.Czech National Bank crypto betKey takeawaysWhy did the Czech National Bank invest in crypto assets? The CNB launched a $1 million pilot to gain hands-on experience with

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NATO state accuses China of ‘massively’ financing Russia

NATO state accuses China of ‘massively’ financing Russia

Finland has said that the two countries’ cooperation is a growing challenge for the US-led military blocFinland has accused China of supporting Russia in the Ukraine conflict and described the two countries’ deepening cooperation as a growing challenge for NATO. Beijing has repeatedly

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Romania’s GDP up 1.2% y/y in Q3 despite 0.2% q/q decline.

Romania’s GDP up 1.2% y/y in Q3 despite 0.2% q/q decline.

Romania’s GDP increased by 1.6% y/y under the national methodology and 1.2% y/y under the methodology used by Eurostat, according to the flash estimate published by the statistics office INS. This resulted in a Eurostat methodology growth rate of around 1.4% for the first three quarters of the

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$300M in crypto longs liquidated in the past hour as Bitcoin falls to $97K

$300M in crypto longs liquidated in the past hour as Bitcoin falls to $97K

Rapid selloffs and high leverage expose traders to sudden losses as digital asset markets remain highly sensitive to volatility.$300 million in leveraged long crypto positions were liquidated in the last 60 minutes due to sudden market selloffs.Bitcoin’s price pulled back from nea

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Russia to demonstrate new Supercam high-speed recon drone at Dubai Airshow

Russia to demonstrate new Supercam high-speed recon drone at Dubai Airshow

Russia’s integrated exposition at the Dubai Airshow 2025 will feature the Supercam S350 dual-purpose UAV, the Supercam SX350 vertical takeoff and landing drone and the Supercam X4 rotary-wing drone, the Unmanned Systems Group of Companies saidMOSCOW, November 13. /TASS/. Russia will for

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Russian economic meltdown as 7,000 companies face bankruptcy.

Russian economic meltdown as 7,000 companies face bankruptcy.

Russia's economic crisis is intensifying with thousands of companies reportedly facing bankruptcy. Businesses have been hit by a double whammy of sanctions and high interest rates, since the outbreak of the full-scale war in February 2022.The key interest rate rose to a staggering 21% last

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