Key PointsThere are now more than 145,000 Bitcoin millionaires in the world.Due to Bitcoin's impressive performance during the past five years, investors have been able to tap into the power of compounding returns.Spot Bitcoin ETFs create an easy, conven
Why speed of the upswing has been much faster than analysts predicted and why the rally is likely to continue?COMMENT | LUKE HARTIGAN | The price of gold surged above US$4,100 (Approx. Shs14 million) an ounce (Approx.28g) on Oct.15 for the first time, taking this year’s extrao
An artistic impression of an oil refinery. Uganda hopes to complete construction of a 60,000 barrels/day refinery by 2030. COURTESY IMAGE/PETROLEUM AUTHORITY OF UGANDA.Delayed construction heightens importance of missing piece in
President Museveni has cautioned young Ugandans against unsafe labor migration, particularly to Middle Eastern countries, urging them instead to embrace opportunities in Uganda’s domestic economy.He highlighted commercial agriculture, manufacturing, ICT, and services as key sectors for j
(L-R) Benson Turamye, Executive Director of Public Procurement and Disposal of Public Assets Authority (PPDA), Patrick Birungi, Executive Director Uganda Development Corporation (UDC) and Paul Mwesigwa, Managing Director Uganda Electricity Distribution Company L
Alex, a Ugandan Taxi driver from Gulu in
Tech billionaire Larry Ellison (pictured right) has claimed the title of the world's richest person for the first time, surpassing Elon Musk. Ellison's wealth jumped by $101 billion to $393 billion after Oracle's blockbuster earnings report Tuesday. Musk's is wo
President Donald Trump has said he will immediately remove Federal Reserve official Lisa Cook from her position, a major escalation in his battle against the US central bank.In an announcement made on his social media platform Truth Social, Trump posted a letter addressed
With a combined prize pool worth over shs30 million, and a national spotlight shining brighter than ever, eight student teams from across Uganda are preparing to face off in the Stanbic National Schools Championship (NSC) 2025 Grand Finale on August 29 at Mestil Hotel, Kampala.This year’
President Museveni engages with fishing communities at Jinja State Lodge recently.KAMPALA — President Museveni has admitted that corruption has deeply penetrated State House and the broader government system, with some of his own officials accused of ex
