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29 Dec '25
Uganda faces a multibillion-dollar deadlock as charcoal remains the primary fuel for 82 percent of Kampala households.KAMPALA, Uganda — Behind the heavy scent of woodsmoke that hangs over Kampala every evening lies a multibillion-dollar economic deadlock. Despite a flurry of executive or
Business •
27 Dec '25
Supporters of Uganda's opposition leader Kizza Besigye participate in the 'walk to work' campaign that protests higher food and fuel prices in Kalerwe suburb on Thursday, April 21, 2011 (Photo/Ronald Kabuubi/AP)By Oweyegha-AfunaduulaI do not usually argue with my children, whose age
Business •
26 Dec '25
Bitcoin remained stable near the USD 88,000 mark on December 26, 2025, as ongoing market fluctuations continued to weigh on the broader cryptocurrency sector. Despite brief upward momentum earlier, volatility has persisted in recent weeks, keeping investor sentiment cautious and limiting any stro
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23 Dec '25
Bitcoin failed to break above $90K again, while its gold correlation slipped deeper into negative territory.Bitcoin rejected at $90K again as gold correlation turns negativeBitcoin slipped back from the $90,000 mark on 22 December, marking another rejection at a level that has repea
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23 Dec '25
A Taxpayer Identification Number (TIN) is a unique identifier issued to individuals and businesses for tax purposes. It is a cornerstone of effective tax administration, enabling the Uganda Revenue Authority (URA) to monitor taxpayers and enforce compliance.However, the misuse of TINs by s
Business •
22 Dec '25
When Gen. Caleb Akandwanaho (Rtd) Salim Saleh presented his long, detailed analysis of Uganda’s economy and structured recommendations for improvement in the form of the Third National Development Plan (NDPIII) to President Museveni, he laid out the kinds of problems that many Ugandans feel eve
Business •
22 Dec '25
Bitcoin price today is trading around the USD 88,000 level after recent gains, following weeks of volatility. Despite upward momentum, BTC continues to face resistance near the USD 90,000 mark as sell-off pressure and cautious investor sentiment influence short-term market movements.Bitcoi
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21 Dec '25
Ntungamo—On Friday 19th, the Ministry of Energy and Mineral Development under the Government of Uganda hosted a high-profile Mineral Markets Sensitization Workshop at the newly established Ntungamo Mineral Market Facility, marking a critical step in formalizing the country’s mineral value cha
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20 Dec '25
Kampala — The Uganda shilling strengthened strongly in 2025, becoming one of the best-performing currencies in the region, helped by higher export earnings, increased foreign investment and reforms in the foreign exchange market, the Bank of Uganda has said.In its November Monetary Polic
Business •
20 Dec '25
Kampala– Government through the Ministry of Trade, Industry and Cooperatives together with the sugar millers in Busoga region have set UGX 125,000 as the minimum price of a ton of sugarcane in the region. This follows an outcry from some sugarcane out-growers in Busoga who have taking home as l