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Bitcoin firm Twenty One Capital drops 20% on first day of trading

Bitcoin firm Twenty One Capital drops 20% on first day of trading

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

Ultimate Uganda

Shock as UETCL blows over Sh700bn on unused Bujagali Power.

Shock as UETCL blows over Sh700bn on unused Bujagali Power.

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

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Michael Saylor’s Strategy buys $962M Bitcoin despite MSCI pressure – Why?

Michael Saylor’s Strategy buys $962M Bitcoin despite MSCI pressure – Why?

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

Ultimate Uganda

Chinese woman marries soldier who rescued her from earthquake debris when she was 11.

Chinese woman marries soldier who rescued her from earthquake debris when she was 11.

Chinese woman marries soldier who rescued her from earthquake debris when she was 11A Chinese woman married the soldier who rescued her during the earthquake after the two unexpectedly reunited years later. A Chinese woman who was rescued as a child from the debris of the devastating Wenchuan ear

Ultimate Uganda

M23 Rebels Capture Kamanyola, Luvungi Towns in Advance to Uvira Near Burundi Border

M23 Rebels Capture Kamanyola, Luvungi Towns in Advance to Uvira Near Burundi Border

Congo’s army has accused Rwanda and M23/AFC rebels of intensifying cross-border artillery bombardments on populated areas of South Kivu, just two days after Kinshasa and Kigali signed a landmark peace accord in Washington aimed at ending decades of conflict in the region.In a sharply wor

Ultimate Uganda

Arsenal to bid €45m in shock January signing as Berta goes ‘all out’ for ‘Mbappe-like’ attacker

Arsenal to bid €45m in shock January signing as Berta goes ‘all out’ for ‘Mbappe-like’ attacker

Arsenal are preparing to bid roughly €45m in January for a player who might not help their title challenge one bit, while Andrea Berta is reportedly going ‘all out’ to sign a forward compared to Kylian Mbappe and a recent Arsenal signing has been branded ‘Raheem Sterling 2.0’.Ars

Ultimate Uganda

MTN MoMo, Letshego and dfcu Bank Launch Innovative Loans to Boost Agent Liquidity

MTN MoMo, Letshego and dfcu Bank Launch Innovative Loans to Boost Agent Liquidity

MTN Mobile Money Limited, in collaboration with Letshego Uganda and dfcu Bank, has unveiled two innovative loan products aimed at providing mobile money agents with instant working capital.The dfcu Bank Weekend Agent Loan and the Letshego Agent Float Loan expand the MoMo Agent Loans Market

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Four Students Perish in West Nile Road Crash

Four Students Perish in West Nile Road Crash

A nerve wrecking road traffic accident claimed the lives of four young students early Wednesday morning in Uganda’s North West Nile Region, highlighting ongoing concerns over reckless driving and road safety amid ongoing construction.The fatal crash occurred at approximately 07:10 hours

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Popular Nollywood Actor Odira Nwobu Dies

Popular Nollywood Actor Odira Nwobu Dies

Popular Nigerian actor and content creator, Odira Nwobu, is dead.His passing was first announced on Monday in a Facebook post by blogger and content creator, Awuzie Frankline, who shared a video showing Nwobu lying lifeless.While Frankline did not provide details about the circumsta

Ultimate Uganda

Dollar unfazed even as Fed cut comes back into view

Dollar unfazed even as Fed cut comes back into view

The U.S. dollar was steady on Tuesday as investors deliberated the chances of the Federal Reserve cutting interest rates next month.The U.S. dollar was steady on Tuesday as investors deliberated the chances of the Federal Reserve cutting interest rates next month after dovish comments from

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