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
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
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
President Yoweri Museveni’s campaign visit to Butebo district in Eastern Uganda last week was marred by a series of unfortunate translation failures, leaving both the president and the crowd struggling to communicate effectively.This was reminiscent of what happened in Mbale where a furi
Family members, friends, and online followers have been left in deep shock and sorrow after the sudden death of businesswoman Monica Karungi and her two young sons.Karungi, known on TikTok as Monie Wigs (Monie848), had built a steady following through her work in ladies’ hair and wigs. M
Mogadishu (HOL) — Uganda has stopped granting refugee status to asylum seekers from Somalia, Eritrea and Ethiopia, saying those countries are no longer considered to have active armed conflicts and that dwindling donor funding has made it difficult to support new arrivals.Uganda’s Mini
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
‘We must also recognise that the G20 may be reaching the end of a cycle.’Macron speaks during the opening plenary session at the G20 summit in South Africa. Image: BloombergEmmanuel Macron has a penchant for predicting the end of eras.Back in 2019, years before Russia’s
Granit Xhaka has been linked with a stunning January move to Juventus just six months after joining Sunderland, with Italian reports claiming the midfielder is “back in fashion” for the Serie A giants. His entourage is said to be open to offers, but it has been reported in England that Sunder
Public transport was banned in the country in the wake of a coronavirus outbreakOn most mornings in the city, before the sun has burned the mist off Kampala’s hills or the jam has begun to choke roads, you can already hear them, hundreds of boda bodas revving awake, a restless swarm prep
