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Central Bank of Russia eases restrictions, opens mutual funds to crypto investments

Central Bank of Russia eases restrictions, opens mutual funds to crypto investments

Russia’s relationship with crypto has swung between crackdowns and cautious acceptance, and its latest moves show that this balancing act is far from over.After first pushing in 2022 to block all crypto issuance, trading, and mining over concerns about financial stability and monetary so

Ultimate Uganda

Exclusive: Club Guvnor finally Sold Off to City tycoon Jackson

Exclusive: Club Guvnor finally Sold Off to City tycoon Jackson

Club Guvnor, once Kampala’s undisputed symbol of elegance and disciplined nightlife, has continued to write new chapters in Uganda’s entertainment history. While many bars struggled to regain footing following the global shock of Covid-19, the shifting dynamics of Kampala’s nightlif

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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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US Paves Way For Talks On Lukoil’s Assets Sale In Nigeria, Other Countries.

US Paves Way For Talks On Lukoil’s Assets Sale In Nigeria, Other Countries.

US Paves Way For Talks On Lukoil’s Assets Sale In Nigeria, Other CountriesLukoil's international assets are estimated to be worth about $22 billion, based on 2024 filings.The Trump administration on Friday gave clearance to potential buyers to talk to Russia’s Lukoil about buyin

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Oil rises after Ukrainian attack on Russian depot.

Oil rises after Ukrainian attack on Russian depot.

Drone attack in export hub Novorossiysk fuels supply worriesBeijing/Singapore — Oil prices jumped about 2% on Friday on supply fears after a Ukrainian drone attack hit an oil depot in the Russian Black Sea port of Novorossiysk, a major export hub.Brent crude futures rose $1.24, or

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Think you can be friends with your ex? Science says you might want to rethink that

Think you can be friends with your ex? Science says you might want to rethink that

The emotional logistics of staying friends post-breakup can get messy.Let’s be honest: the “we can still be friends” line after a breakup is as suspicious as it is optimistic.Some people genuinely mean it; they want peace, closure, and the occasional catch-up coffee. Others? T

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Latest Report: HIV Now a Women’s Disease in Uganda, 7 Out of 10 New Victims Are Girls

Latest Report: HIV Now a Women’s Disease in Uganda, 7 Out of 10 New Victims Are Girls

Despite years of progress in the fight against HIV, the epidemic in Uganda continues to wear skirts and dresses. National data shows that out of an estimated 1.5 million Ugandans living with HIV today, nearly two-thirds are women and girls.Among young people aged 15 to 24, about seven in e

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Court directs URA to pay UGX 51 million to ex-manager over flawed dismissal process

Court directs URA to pay UGX 51 million to ex-manager over flawed dismissal process

The Industrial Court of Uganda has ordered the Uganda Revenue Authority (URA) to pay a total of UGX 51 million to its former manager of compliance, David Kalemera, after concluding that the URA failed to grant him a fair hearing during his termination process.In the award delivered Nov. 4,

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Standard Chartered Uganda Confirms Agreement to Sell Wealth & Retail Business to Absa

Standard Chartered Uganda Confirms Agreement to Sell Wealth & Retail Business to Absa

Standard Chartered Bank Uganda has formally communicated to clients that it has entered into an agreement with Absa Bank Uganda for the sale of its Wealth & Retail Banking (WRB) business. The deal — which covers personal banking, wealth advisory and related retail products — remains subje

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Faisol Nyanzi second to be arrested as crackdown intensifies in Shs700m Bunga property scam

Faisol Nyanzi second to be arrested as crackdown intensifies in Shs700m Bunga property scam

Faisol Nyanzi has been remanded to prison until November 4, 2025, as investigations continue.Kampala, Uganda: The State House Anti-Corruption Unit (SH-ACU), in collaboration with the Criminal Investigations Directorate (CID) and the Office of the Director of Public Prosecutions (ODPP), has

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