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From 2 600% gain to 86% wipeout, crypto’s hottest trade collapses

From 2 600% gain to 86% wipeout, crypto’s hottest trade collapses

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

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Government confirms plans to shut down internet ahead of January elections

Government confirms plans to shut down internet ahead of January elections

Mr Kamugisha stated that popular platforms such as TikTok, YouTube, Facebook, X (formerly Twitter), and Instagram are all under review ahead of the general elections set for mid January 2026.The Ugandan government is planning to impose restrictions on internet access, including the outrigh

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GOLD SHOCK! FBI Agent, US Army Ranger, Embassy Staff Lose Sh1.6bn in Kampala Gold Scam

GOLD SHOCK! FBI Agent, US Army Ranger, Embassy Staff Lose Sh1.6bn in Kampala Gold Scam

Uganda’s notorious gold fraud syndicates have struck again—this time roping in high-profile foreign operatives, including a former FBI Special Agent, a former U.S. Army Ranger, and a U.S. Embassy employee in Sierra Leone, in what is shaping up to be one of the most dramatic cross-border scams

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Musk says H-1B visas being 'gamed' by outsourcing firms

Musk says H-1B visas being 'gamed' by outsourcing firms

 Tesla boss Elon Musk has said H-1B visas were being "gamed" by "some outsourcing companies", but the solution was stopping the abuse and not dismantling the system.Roughly 70% of these visas - that allow US companies to hire skilled foreign workers - are used by Indi

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Uganda’s recoverable oil reserves rise to 1.65 billion barrels.

Uganda’s recoverable oil reserves rise to 1.65 billion barrels.

Uganda’s petroleum sector has reported an increase in the country’s estimated oil and gas reserves, according to Ernest Rubondo, Executive Director of the Petroleum Authority of Uganda (PAU), a government agency that regulates the sector.According to Rubondo, the latest assessments ind

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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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India has the potential to reach $500 billion electronics output by 2030

India has the potential to reach $500 billion electronics output by 2030

New Delhi, Nov 20 India’s electronics sector could scale up to $500 billion in production and exports by ...India has the potential to reach $500 billion electronics output by 2030 | India has the potential to reach $500 billion electronics output by 2030India has the potential to

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Bitcoin price crash indicates free fall to $80,000 amid AI bubble fears

Bitcoin price crash indicates free fall to $80,000 amid AI bubble fears

The bitcoin price has crashed below $91,500, deepening a selloff that’s erased all of its gains for the year. Traders are now positioning for more pain.Bitcoin is in free fall—and traders are positioning for more pain.The Fed and AI bubble talk are two major headwinds for crypto

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US Paves Way For Talks On Lukoil’s Assets Sale In Nigeria, Other Countries.

US Paves Way For Talks On Lukoil’s Assets Sale In Nigeria, Other Countries.

US Paves Way For Talks On Lukoil’s Assets Sale In Nigeria, Other CountriesLukoil's international assets are estimated to be worth about $22 billion, based on 2024 filings.The Trump administration on Friday gave clearance to potential buyers to talk to Russia’s Lukoil about buyin

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West Africa: Mali Faces Record Number of Kidnappings of Foreigners.

West Africa: Mali Faces Record Number of Kidnappings of Foreigners.

The number of foreigners kidnapped by jihadists in Mali has reached a record high, with at least 22 taken hostage by the al-Qaeda affiliate group JNIM in the last six months, as part of its strategy to undermine the ruling junta.Between May and October the Group for the Support of Islam an

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