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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:

Ultimate Uganda

URA Arrests Two over US$24,000 Super Match Cigarette Export Scam

URA Arrests Two over US$24,000 Super Match Cigarette Export Scam

The Uganda Revenue Authority (URA) has arrested Frank Mugisha and Muhumuza George suspected of running a fraudulent “export” scheme involving Super match cigarettes. They are charged with obtaining money by false pretense and, manipulation of customs documentation and export entries to defrau

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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

Ultimate Uganda

Bobi Wine in Buganda is the most consequential schedule in this election

Bobi Wine in Buganda is the most consequential schedule in this election

That we expected this election to be violent from the very beginning – and are shocked nothing outstanding has yet happened – is telling enough: Our so-called democracy is simply regimes of violence and poorly-choreographed pretensions.Indeed, the entire country understands

Ultimate Uganda

Stop being beggers – Abraham Luzzi urges Ugandan artists.

Stop being beggers – Abraham Luzzi urges Ugandan artists.

Abraham Luzzi, the aspiring Kampala Central Member of Parliament, has taken aim at Uganda’s entertainment industry, accusing many artists of living beyond their means and failing to convert their fame into sustainable income.Luzzi argued that although Uganda is filled with tal

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India 'largely stopped' Russian oil purchase: Trump's fresh claim amid tariffs

India 'largely stopped' Russian oil purchase: Trump's fresh claim amid tariffs

Trump's latest claim on the future of the India-Russia energy ties comes in the backdrop of ongoing trade negotiations between New Delhi and Washington.Days after he claimed that India would soon pause its Russian oil trade, US President Donald Trump has intensified the claim, n

Ultimate Uganda

Faisol Nyanzi second to be arrested as crackdown intensifies in Shs700m Bunga property scam

Faisol Nyanzi second to be arrested as crackdown intensifies in Shs700m Bunga property scam

Faisol Nyanzi has been remanded to prison until November 4, 2025, as investigations continue.Kampala, Uganda: The State House Anti-Corruption Unit (SH-ACU), in collaboration with the Criminal Investigations Directorate (CID) and the Office of the Director of Public Prosecutions

Ultimate Uganda

UNEB writes to Sodo’s rival; “If you Want his Academic papers, Go to his School”

UNEB writes to Sodo’s rival; “If you Want his Academic papers, Go to his School”

UNEB writes to Sodo’s rival; “If you Want his Academic papers, Go to his School” A letter written by the Uganda National Examinations Board (UNEB) to Kampala Associated Advocates (KAA) has ignited fresh political tensions in Mawogola North, where Sodo Aine Kagut

Ultimate Uganda

I Asked ChatGPT What the Worst Things You Can Do With Your Money Are — Here’s What It Said

I Asked ChatGPT What the Worst Things You Can Do With Your Money Are — Here’s What It Said

ChatGPT, the popular artificial intelligence (AI) bot, sometimes takes criticism for providing erroneous calculations or generic information. But when it comes to outlining the worst things you can do with your money, the AI is spot-on.I asked ChatGPT this very question to see w

Ultimate Uganda

What is it that Uganda and United Arab Emirates investors want as they meet in Kampala?

What is it that Uganda and United Arab Emirates investors want as they meet in Kampala?

The UAE Ambassador to Uganda, HE Abdulla Salem Alshemeli, H.E Sheikh Sultan Jemai Al. Hindas, Director General of the Furjairah Chamber Commerce and Industry and the Prime Minister of Uganda Hon. Nabbanja Robinah and Hon. Dr Monica Musenero the Minister of Science Technology and Innovation Inform

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