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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: 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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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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Mufumbiro further remanded till January 6.

Mufumbiro further remanded till January 6.

Waiswa Mufumbiro has been further remandedNakawa Chief Magistrate’s court has further remanded opposition National Unity Platform (NUP) parliamentary candidate Waiswa Mufumbiro, who is facing charges of inciting party supporters to murder a security personnel.Mufumbiro appeared in

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Former Minister Nsaba Buturo’s Daughter Passes On

Former Minister Nsaba Buturo’s Daughter Passes On

The daughter of former minister Nsaba Buturo has passed on, drawing condolences from political, corporate and social circles across the country.Racheal Ainembabazi Buturo, a Marketing Assistant at Housing Finance Bank, died recently, according to an official statement released by the bankâ

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Minister Esther Anyakun, Locals Clash Over Late Karamoja Tycoon Kodet’s Land

Minister Esther Anyakun, Locals Clash Over Late Karamoja Tycoon Kodet’s Land

The Minister of State for Labour, Employment and Industrial Affairs, Esther Anyakun, has warned residents of Namalu Sub-county against encroaching on land belonging to the late Karamoja business tycoon Cornelius Lorika Kodet, urging them to respect his legacy and property.Speaking during K

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Kadaga not sick, but resting from fatigue, says campaign team

Kadaga not sick, but resting from fatigue, says campaign team

Former Speaker Rebecca Kadaga's official campaigner Felix Isabirye addresses journalists at her campaign offices in Kamuli Municipality.Kamuli, Uganda: The campaign team of Deputy Prime Minister and Minister for East African Community Affairs, Rt. Hon. Rebecca Alitwala Kadaga has dismissed

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High Court to Decide Walukaaga’s Fate on December 22

High Court to Decide Walukaaga’s Fate on December 22

The High Court of Uganda is set to determine the political fate of Mathias Walukaaga in a highly anticipated ruling scheduled for December 22.The court will hear and rule on Walukaaga’s petition challenging the decision of the Electoral Commission to disqualify him from contesting in the

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Social Media Celebrities Set to Spend Christmas Holiday in Prison

Social Media Celebrities Set to Spend Christmas Holiday in Prison

The Christmas season is traditionally a time for family, celebration, and reflection. However, for several well-known Ugandan social media personalities, politicians, and public figures, this year’s festivities will be spent behind the high walls of Luzira Prison.From opposition politici

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South African rand flat ahead of leading economic indicator, local inflation data

South African rand flat ahead of leading economic indicator, local inflation data

JOHANNESBURG, Dec 17 (Reuters) – The South African rand was flat in early trade on Tuesday, ahead of the release of local central bank data and inflation data that will shed light on the country’s economic outlook.At 0512 GMT, the rand traded at 16.75 against the dollar, little changed

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