Kampala — The Uganda shilling strengthened strongly in 2025, becoming one of the best-performing currencies in the region, helped by higher export earnings, increased foreign investment and reforms in the foreign exchange market, the Bank of Uganda has said.In its November Monetary Polic
The Minister of State for Labour, Employment and Industrial Affairs, Esther Anyakun, has warned residents of Namalu Sub-county against encroaching on land belonging to the late Karamoja business tycoon Cornelius Lorika Kodet, urging them to respect his legacy and property.Speaking during K
“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
President Yoweri Kaguta Museveni yesterday held his first campaign rally in the Buganda region, addressing a massive crowd at Kasambya Town Council in Mubende District.The President who presented the National Resistance Movement (NRM) Manifesto for 2026-2031, reaffirmed that peace remains
A former Uganda Prisons Service custody health officer, James Turyatunga, has accused the institution of corruption and denying him justice after he was declared a deserter under contentious circumstances.Turyatunga, who once served at the height of the C
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
The devastated singer turned to social media and broke the news to her followers, who have commiserated with her over the loss of her property.The devastated singer turned to social media and broke the news to her followers, who have commiserated with her over the loss of her property.
An inquiry into the cost of electricity from the 250MW Bujagali Hydropower Dam has revealed that government has over the past seven years paid USD 213.1 million (about UGX 775 billion) in deemed energy, money paid to Bujagali Energy Limited (BEL) for power generated but not taken by the national
Is the MSCI risk overstated as Strategy doubles down on BTC?Michael Saylor’s Strategy buys $962M Bitcoin despite MSCI pressure - Why?Michael Saylor’s Strategy made a massive and surprising Bitcoin purchase in the last 24 hours, despite the overhang of the MSCI index exclusion re
Investing in public companies holding bitcoin and other digital tokens was a major trend earlier this year, but the market has turned …Bitcoin itself is down only 6%. Around 70% of digital asset treasuries are expected to finish the year lower than their starting value. Image: Angel Garc
