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
Bitcoin's price 'fails' twice, but here's why a crypto-winter is still unlikelyBitcoin’s [BTC] recovery efforts haven’t been totally successful lately. In the last 8 days, Bitcoin has tested the $94k local resistance twice.Both times, it failed to break through. As things stand,
Cotton farmers in Kasese District have raised fresh concerns over climate change and falling market prices, warning that the twin challenges are threatening the survival of one of the region's once most reliable cash crops.Farmers say prolonged dry spells
The late Kawempe South MP Muhammad Ssegirinya’s case is the most complicated.The Uganda Parliamentary Savings and Credit Cooperative Organisation (SACCO) is withholding savings belonging to at least 34 deceased legislators due to bitter disputes among i
Musician Daxx Kartel has revealed why he has shifted focus to producing children’s music, saying the genre is more profitable than many others.He explained that children’s content worldwide is among the highest-earning entertainment franchises—and Uganda is no exception.“No
Uganda’s notorious gold fraud syndicates have struck again—this time roping in high-profile foreign operatives, including a former FBI Special Agent, a former U.S. Army Ranger, and a U.S. Embassy employee in Sierra Leone, in what is shaping up to be one of the most dramatic cross-border scams
Anne Juuko, a seasoned banking executive and former CEO of Stanbic Bank Uganda, has stepped down from her role as Standard Bank Group’s Regional Head of East Africa for Global Markets.Juuko resigned this month, bringing to a close her 18-month tenure in the regional position. She had bee
Former Post Bank Uganda managing director Stephen Mukweli (L) is finally a free manFormer Post Bank Uganda managing director Stephen Mukweli is finally a free man after the Anti-Corruption Court tore apart the state’s entire case and acquitted him of all criminal charges.Mukweli h
Uganda Parliamentary SACCO has registered growth in its assets base in the last financial Year 2024-2025.The SACCO current assets stands at 86.3 billion from 75.8 billion in the FY 2023/2024 representing a 14% growth.The CEO of the sacco Mureebe Methods Muhakuna revealed this during
Russia's economy is facing a "time bomb", as sanctions escalate and interest rates remain high. Businesses around the country are struggling to pay back loans and are fighting to stave off bankruptcy.Firms have watched on helplessly as interest rates were hiked to 21% towards the end of 20
