Gold prices surged beyond $5,000 per ounce for the first time, as investors rushed to the safe-haven asset as concern spread that US President Donald Trump is upending relations with key allies from Europe to Canada.In this year’s first 26 days, the price of gold has jumped 15%, building
The State House Anti-Corruption Unit (SH-ACU) has arraigned and secured the remand of Godfrey Ssekidde Lubowa, a notorious fraudster who for years impersonated a senior Uganda People’s Defence Forces (UPDF) officer under the alias “Maj Gen Sam Kiwanuka,” after he defrauded a Kenyan investor
Uganda faces a multibillion-dollar deadlock as charcoal remains the primary fuel for 82 percent of Kampala households.KAMPALA, Uganda — Behind the heavy scent of woodsmoke that hangs over Kampala every evening lies a multibillion-dollar economic deadlock. Despite a flurry of executive or
Winnie Byanyima Warns ‘AIDS is Not Over’, Cautions Against InactionUNAIDS Executive Director Winnie ByanyimaBrasilia, Brazil — UNAIDS Executive Director Winnie Byanyima has issued a stark warning that the global fight against HIV/AIDS is at a critical juncture, cautioning that
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
Uganda National Oil Co. signs a $2 billion loan with Vitol Bahrain to fund major infrastructure, including a new fuel pipeline and storage terminals.KAMPALA — Uganda’s state-owned oil company has signed a $2bn (£1.5bn) deal to fund major infrastructure projects designed to turn the co
Uganda projects 10.4% economic growth in FY2026/27independent.co.ug44minKAMPALA, UGANDA | Xinhua | Uganda’s economy is forecast to expand by 10.4 percent by the end of the 2026/2027 financial year, up from an estimated 6.6 percent at the end of the 2025/2026 financial year.
JOHANNESBURG, Dec 17 (Reuters) – The South African rand was flat in early trade on Tuesday, ahead of the release of local central bank data and inflation data that will shed light on the country’s economic outlook.At 0512 GMT, the rand traded at 16.75 against the dollar, little changed
It makes sense why President Donald Trump would have a
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
