CNB Governor Aleš Michl aims to explore Bitcoin’s role in reserve diversification through testing.Czech National Bank crypto betKey takeawaysWhy did the Czech National Bank invest in crypto assets? The CNB launched a $1 million pilot to gain hands-on experience with
Uganda has joined Bangladesh, Somalia, Cameroon, Afghanistan, Sudan and other countries in the United Arab Emirates’ 2025 visa ban. The UAE has temporarily suspended the issuance of visit and work visas for citizens of nine countries due to security, immigration, and diplomatic concerns.
One hundred forty-one graduates trained in mechanical, electrical, production, instrumentation, leadership, and health, safety and environment (HSE) have graduated from the EACOP Academy at Uganda Petroleum Institute Kigumba (UPIK).The training, a result of a partnership between the East A
South Sudan’s President Salva Kiir has dismissed the undersecretary at the Ministry of Petroleum just a week after appointing him, in the latest shake-up in the country’s sensitive oil sector.The undersecretary is the highest-ranking official managing the ministry since Petroleum Minis
Since Russia’s invasion of Ukraine in 2022, a growing number of Eastern Europeans - particularly Poles - have been buying homes on the Spanish mainland and the Balearic Islands, according to new property data. Figures from Spain’s College of Registrars show that Poles are increasingly favouri
High uric acid can occur from diabetes, hypertension, obesity, or kidney disease. Be ahead with checkups and a balanced diet to prevent its painful symptoms.Hyperuricemia refers to an increase in uric acid levels in the body, a condition that can silently progress into painful gout or kidn
Nile Trade Link Services, the company managing Nile Star Buses, has suspended all passenger transport operations following a spate of fatal accidents involving its fleet within just one month.In a public notice issued on Thursday, the company said the sus
The East African Crude Oil Pipeline (EACOP) Ltd, the company leading the development of Uganda’s crude oil export pipeline, in partnership with Hoima City, has commenced the construction of the Nyamasoga – Katooke Road under its Socio-Economic Investment (SEI) programme.This initiative
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
Leading pension funds across Africa today gather in Kampala to commit to a “Fund for Africa” at the “$700b in 1 Room” All Africa Pensions Summit.The Summit 5th – 7th November at the Munyonyo Convention Centre in Kampala, Uganda, will be hosted by NSSF Uganda, under the theme “P
