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Dollar unfazed even as Fed cut comes back into view

Dollar unfazed even as Fed cut comes back into view

The U.S. dollar was steady on Tuesday as investors deliberated the chances of the Federal Reserve cutting interest rates next month.The U.S. dollar was steady on Tuesday as investors deliberated the chances of the Federal Reserve cutting interest rates next month after dovish comments from

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Court issues criminal summons for ex-Trade PS Ssali in Shs3.8bn fraud case

Court issues criminal summons for ex-Trade PS Ssali in Shs3.8bn fraud case

The Anti-Corruption Court has issued a criminal summons for former Trade Ministry Permanent Secretary Geraldine Ssali after she failed to appear for the mention of a Shs3.8 billion fraud case in which she is jointly charged with three Members of Parliament and other officials.During Monday

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BoU Pushes New Credit Rules to Unlock Loans for Every Ugandan

BoU Pushes New Credit Rules to Unlock Loans for Every Ugandan

David Kalyango, the Executive Director of Supervision at the Bank of Uganda, explained the vision: ensuring that every Ugandan, no matter their type of work, can access credit to grow businesses, boost investments, and drive development.The Bank of Uganda has been locked in a heated debate

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Kenya’s Ruto assures Museveni on Indian Ocean access at factory launch in Tororo

Kenya’s Ruto assures Museveni on Indian Ocean access at factory launch in Tororo

President Ruto dismissed the notion of any existing rift between the neighbouring East African states, suggesting that media reporting had inflated the severity of the issue. President William Ruto of Kenya today sought to address recent tensions sparked by his Ugandan counterpart Yoweri M

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Gold dips as dollar firms, investors weigh U.S. rate cut bets

Gold dips as dollar firms, investors weigh U.S. rate cut bets

Gold dips as dollar firms, investors weigh U.S. rate cut betscnbc.com25minNOVOSIBIRSK, RUSSIA - SEPTEMBER 15: A worker shows granules of gold at Novosibirsk Refining Plant, Russia's leading gold refining and bar manufacturing plant, in Novosibirsk, Russia on September 15, 202

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India has the potential to reach $500 billion electronics output by 2030

India has the potential to reach $500 billion electronics output by 2030

New Delhi, Nov 20 India’s electronics sector could scale up to $500 billion in production and exports by ...India has the potential to reach $500 billion electronics output by 2030 | India has the potential to reach $500 billion electronics output by 2030India has the potential to

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Inflation’s silent threat: Is crypto creeping in on traditional diversifiers’ turf?

Inflation’s silent threat: Is crypto creeping in on traditional diversifiers’ turf?

Inflation’s silent threat: Is crypto creeping in on traditional diversifiers’ turf?In today’s markets, uncertainty has become the new normal, putting pressure on traders and investors alike.Changing tariffs, shifting monetary policies, and persistent tensions are weighing on s

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Bitcoin price crash indicates free fall to $80,000 amid AI bubble fears

Bitcoin price crash indicates free fall to $80,000 amid AI bubble fears

The bitcoin price has crashed below $91,500, deepening a selloff that’s erased all of its gains for the year. Traders are now positioning for more pain.Bitcoin is in free fall—and traders are positioning for more pain.The Fed and AI bubble talk are two major headwinds for crypto

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Bitcoin ETFs bleed $1.1B as analysts warn of ‘mini’ bear market at pivotal moment

Bitcoin ETFs bleed $1.1B as analysts warn of ‘mini’ bear market at pivotal moment

Bitcoin’s price is now at a “pivotal juncture” as the fate of the market cycle depends on incoming macro signals and maintaining key technical price levels.US spot Bitcoin exchange-traded funds (ETFs) closed a third straight week in the red, deepening concerns that one of Bitcoin’s

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Transport ministry orders immediate diversion as Karuma–Kamdini road section collapses

Transport ministry orders immediate diversion as Karuma–Kamdini road section collapses

The Ministry of Works and Transport has ordered an urgent diversion of all traffic following the collapse of a major section of the Karuma–Kamdini road on the Gulu Highway, severely disrupting movement between northern Uganda and Kampala.In a statement dated November 16, officials confir

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