Metaplanet, a Japanese public company, has recently decided to boost its Bitcoin holdings as part of its strategy to manage economic challenges. The company raised 4 billion yen (around $26.39 million) by issuing ordinary bonds to EVO Fund, a debt and financing
Julius Apeku from Arua in West Nile, has joined the People Power Front (PPF), moving away from his previous role in the National Unity Platform (NUP).Apeku has long been involved in Ugandan politics. He was a key
A massive scandal involving a Shs 1 trillion project has rocked the National Information Technology Authority of Uganda (NITA-U) as the World Bank uncovers significant corruption and mismanagement. The Uganda Digital Acceleration Project (UDAP), worth USD 200 million (about Shs 1 trillion), has b
In a major crackdown on financial malpractice within government institutions, Uganda’s Criminal Investigations Directorate (CID) has arrested nine senior officials from the Ministry of Finance over their alleged involvement in the fraudulent diversion of Shs 6
Singer Dax Vibez, real name Ivan Bugembe Sentamu is not certain about the government’s interest in having the copyright law amended.The singer who is enjoying massive airplay from his songs At My Door and Tabbu (feat. Ava Peace) says that if the gove
The Ministry of Works and Transport faces severe financial problems after taking over the Uganda National Roads Authority. Minister Gen Edward Katumba Wamala told Parliament that his ministry now has a debt of Shs 1.3 trillion from UNRA.According to the Works Minister, the debt grows by Shs
Uganda Law Society (ULS) President Isaac Ssemakadde has written to President Yoweri Museveni, urging him to take immediate action against Attorney General Kiwanuka Kiryowa. Ssemakadde accuses Kiryowa of using his office for personal gain and exposing the government to massive financial losse
Donald Trump, after being sworn in as the 47th President of the United States, delivered a 30-minute inaugural speech outlining his policy agenda. Key promises included a crackdown on immigration and a focus on dismantling diversity, equity, and inclusion initia
In other update, Mr. Update Mohammed Ssegirinya who is Kawempe North Legislator is has not yet been declared dead by the doctors at Rubaga Hospital but experts say only a miracle can bring him back to life depending on the condition he is in.
Migrants seeking asylum in the United States gather near the border wall with Mexico after crossing a razor wire fence, as a member of the Texas National Guard escorts them, on December 19, 2024.CNN — When Altagracia left Honduras to em
