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BoU Reaffirms Regulatory Control Over Large SACCOs, Moves To Quell Sector Misconceptions

BoU Reaffirms Regulatory Control Over Large SACCOs, Moves To Quell Sector Misconceptions

The Bank of Uganda (BoU) has reiterated that it remains the lawful supervisory authority over large Savings and Credit Cooperative Organisations (SACCOs), dispelling growing public misconceptions about changes in sector regulation.Mr. David Kalyango, the Executive Director for S

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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

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Court Set to Hear Nakivubo Drainage Channel Case against Museveni, NEMA, KCCA, Hamis

Court Set to Hear Nakivubo Drainage Channel Case against Museveni, NEMA, KCCA, Hamis

The High Court Civil Division has set 19th November, 2025 as the date to begin hearing a public interest case filed against President Yoweri Kaguta Museveni, the Attorney General, businessman Hamis Kiggundu, and several government agencies over the controversial development works on the Nakivubo

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6 Benefits Of Drinking Lemon Water Every Day

6 Benefits Of Drinking Lemon Water Every Day

Lemon water is becoming increasingly popular. In fact, if you search "lemon water" on TikTok, you'll be met with video upon video of content creators touting the benefits of starting their day with the simple drink. Some claim it helps you burn fat, although it's important to note that there isn'

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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 staggeri

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In Kasanje, taxes are rising but service delivery, roads, all in ruins

In Kasanje, taxes are rising but service delivery, roads, all in ruins

A Sinotruk carrying sand gets stuck on a muddy road, one of the feeder roads in a deplorable state in Kasanje, Wakiso District. Despite collecting over UGX 460 million in taxes, the community says service delivery remains poor.Kasanje, Wakiso District: Kasanje, a mid-size place

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JINJA: Primary School Teacher Arrested for Sodomizing own Pupil

JINJA: Primary School Teacher Arrested for Sodomizing own Pupil

A 22 year old teacher at Hamry Nursery and Primary School located in Wanyange Hill, Jinja district has been arrested for allegedly sodomizing a minor aged 11.Emmanuel Gaga who is a teacher of English was arrested on Monday, 10th November, 2025 having committed the offence on 8th

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Russian cryptocurrency fraudster and wife kidnapped and killed in UAE

Russian cryptocurrency fraudster and wife kidnapped and killed in UAE

A Russian crypto Roman Novak went missing with his wife but the pair were later killed - he had been known for defrauded partners out of thousandsRoman Novak and his wife Anna were killed in the UAE A Russian cryptocurrency fraudster and his wife have been kidnapped and k

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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

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Standard Chartered Uganda Confirms Agreement to Sell Wealth & Retail Business to Absa

Standard Chartered Uganda Confirms Agreement to Sell Wealth & Retail Business to Absa

Standard Chartered Bank Uganda has formally communicated to clients that it has entered into an agreement with Absa Bank Uganda for the sale of its Wealth & Retail Banking (WRB) business. The deal — which covers personal banking, wealth advisory and related retail products — remains subje

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