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Bitcoin’s silent exodus hits crypto as long-time buyers cash out

Bitcoin’s silent exodus hits crypto as long-time buyers cash out

More than two months after the token hit a record high above $12 000, Bitcoin has fallen nearly 30% and is struggling to find support.Bitcoin’s most entrenched investors are still cashing out — and the pressure is starting to show.More than two months after the token hit a recor

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Uganda projects 10.4% economic growth in FY2026/27

Uganda projects 10.4% economic growth in FY2026/27

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.

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Museveni: Opposition Printed 2.7 Million Fake Ballot Papers in 2021 Election

Museveni: Opposition Printed 2.7 Million Fake Ballot Papers in 2021 Election

Kampala: President Museveni has accused opposition parties, mainly the National Unity Platform (NUP), of orchestrating long-running election fraud in Kampala, alleging ballot stuffing and the printing of fake ballot papers during the country’s recent polls.Speaking late on Wednesday, Mus

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Uganda: Museveni Blames Kassanda's Poor Services On Opposition Voting, Asks Residents to Reverse Trend

Uganda: Museveni Blames Kassanda's Poor Services On Opposition Voting, Asks Residents to Reverse Trend

President Yoweri Museveni has faulted the people of Kassanda District for voting opposition politicians, saying the decision is partly responsible for the poor service delivery in the area.Addressing a rally at Bukuya Town Council grounds on Wednesday, Museveni said that although some prog

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Uganda says to trim debt issuance by 21% in 2026/27 FY

Uganda says to trim debt issuance by 21% in 2026/27 FY

The Bank of Uganda, Uganda’s central bank, in Kampala, Uganda, on Wednesday, May 17, 2023. Uganda estimates that it will need $28.1 billion to adapt to the effects of climate change and cut emissions until the end of the decade. Photographer: Katumba Badru Sultan/Bloomberg via Getty Images

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Museveni to Meet Downtown Traders Over Nakivubo Flood Compensation as Buganda Campains Heat Up.

Museveni to Meet Downtown Traders Over Nakivubo Flood Compensation as Buganda Campains Heat Up.

President Yoweri Museveni is expected to meet a section of downtown Kampala traders later this week at his Kisozi country home, following renewed appeals over compensation for losses caused by the Nakivubo drainage channel floods.According to sources, the President directed his aides to or

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Wife of Guinea-Bissau’s ousted president arrested after co-passenger found with $5.9m in cash

Wife of Guinea-Bissau’s ousted president arrested after co-passenger found with $5.9m in cash

Portuguese authorities charged the wife of Guinea-Bissau's ousted president as part of an investigation into suspected smuggling and money laundering, judicial police said on Tuesday.Dinisia Reis Embalo was arrested by Portuguese authorities on December 16, 2025.Dinisia Reis Embalo,

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Uganda Moves to Buy Stake in Kenya Oil Pipeline

Uganda Moves to Buy Stake in Kenya Oil Pipeline

KPC operates more than 1,700 km (1,056 miles) of petroleum pipelines linking the port of Mombasa to Nairobi, western Kenya and onward to Uganda. The system currently handles about 90% of Uganda’s fuel imports, making it critical to the country’s energy securityKenya plans to list the

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Anthony Geary, General Hospital legend, dies at 78

Anthony Geary, General Hospital legend, dies at 78

MTragic news has struck the world of daytime television as a true icon has left us. Anthony Geary, beloved for his unforgettable portrayal of Luke Spencer on “General Hospital,” passed away at 78, leaving behind a legacy that shaped soap opera history. His passing reminds us of a time when st

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Big story: Uganda to Borrow $2bn (Shs7.6 tn) from Oil Trading Giant Vitol for Oil, Roads Projects

Big story: Uganda to Borrow $2bn (Shs7.6 tn) from Oil Trading Giant Vitol for Oil, Roads Projects

“UNOC will be able to generate revenues of up to USD 5.6 billion” (about Shs21.3 trillion) from the projects when implemented," the ministry said, adding that the loan would reduce pressure on the consolidated fund and enable quicker realisation of revenues from the oil and gas sectorS

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