Police fired tear gas at traders.Four city traders have been remanded to Luzira Prison after being charged with causing common nuisance during Monday’s protests over high taxes and rent in Kampala.The accused — Sunday John Baptist, Nsamba Kenny
Rapid selloffs and high leverage expose traders to sudden losses as digital asset markets remain highly sensitive to volatility.$300 million in leveraged long crypto positions were liquidated in the last 60 minutes due to sudden market selloffs.Bitcoin’s price pulled back from nea
The deceased were identified as Ronald Muganzi, a secondhand shoe dealer, and Wilson Muhumuza, a tomato seller. The injured, whose identities are yet to be confirmed, are receiving treatment at Fort Portal Regional Referral Hospital.Mpanga market entranceTraders in Mpanga Market in
A Sinotruk carrying sand gets stuck on a muddy road, one of the feeder roads in a deplorable state in Kasanje, Wakiso District. Despite collecting over UGX 460 million in taxes, the community says service delivery remains poor.Kasanje, Wakiso District: Kasanje, a mid-size place located in
Profit-taking saps metal’s strengthBengaluru — Gold prices slipped on Wednesday, pulled down by a rebound in the dollar and profit-booking after bullion rose to a near three-week high in the previous session on the expectation of interest rate cuts by the Federal Reserve next month.
Prices are being lifted as the US Senate takes a major step toward reopening the government.Oil pumping jacks at an oilfield near Sokolovka village, in the Udmurt Republic, Russia. Image: BloombergOil rose as wider markets were lifted by a push to end the US government shutdown, wit
Ham Enterprises continue to erect structures near Nakivubo channel despite an order from KCCA to stop the worksKampala — A confidential Kampala Capital City Authority (KCCA) report seen by ChimpReports has blamed illegal construction and regulatory failures for the deadly floods that swe
Some of the destoryed property after Tuesday violent clashes erupted between Muslim youths and Christian traders over the sale of pork. Police say the situation is now calm but tense.Yumbe, Uganda: Tension gripped Yumbe Town in the West Nile Sub-region on Tuesday after a violent confrontat
Residents push a truck stuck in the mud along the Soroti–Abim–Kotido road. Local leaders have urged the government to prioritize tarmacking Karamoja’s key transport corridors to save lives and boost trade.Kotido, Uganda: President Museveni’s offhand remark during a campaign rally i
ChatGPT, the popular artificial intelligence (AI) bot, sometimes takes criticism for providing erroneous calculations or generic information. But when it comes to outlining the worst things you can do with your money, the AI is spot-on.I asked ChatGPT this very question to see what advice
