Search Results

Uganda Launches Okusevinga: First Government-Owned Unit Trust Scheme

Uganda Launches Okusevinga: First Government-Owned Unit Trust Scheme

Uganda Launches Okusevinga: First Government-Owned Unit Trust SchemeThe Bank of Uganda (BoU), in collaboration with the Ministry of Finance, Planning and Economic Development (MoFPED), has launched the pilot phase of Project Okusevinga, Africa’s first government-owned unit trust scheme.

Ultimate Uganda

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

Ultimate Uganda

Uganda says to trim debt issuance by 21% in 2026/27 FY

Uganda says to trim debt issuance by 21% in 2026/27 FY

The Bank of Uganda, Uganda’s central bank, in Kampala, Uganda, on Wednesday, May 17, 2023. Uganda estimates that it will need $28.1 billion to adapt to the effects of climate change and cut emissions until the end of the decade. Photographer: Katumba Badru Sultan/Bloomberg via Getty Images

Ultimate Uganda

Bitcoin firm Twenty One Capital drops 20% on first day of trading

Bitcoin firm Twenty One Capital drops 20% on first day of trading

Twenty One Capital came to market with over $4 billion in Bitcoin, but its lack of publicly shared business plans appears to have led some investors to the exit.Shares in Twenty One Capital (XXI), the newest crypto treasury company in the US, slid 20% on its trading debut after merging wit

Ultimate Uganda

From 2 600% gain to 86% wipeout, crypto’s hottest trade collapses

From 2 600% gain to 86% wipeout, crypto’s hottest trade collapses

Investing in public companies holding bitcoin and other digital tokens was a major trend earlier this year, but the market has turned …Bitcoin itself is down only 6%. Around 70% of digital asset treasuries are expected to finish the year lower than their starting value. Image: Angel Garc

Ultimate Uganda

Dr Ggoobi Visits NARO Anti-Tick Vaccine Facility Ahead of Commercial Production

Dr Ggoobi Visits NARO Anti-Tick Vaccine Facility Ahead of Commercial Production

The Permanent Secretary and Secretary to the Treasury (PSST), Dr Ramathan Ggoobi, has visited the National Agricultural Research Organisation (NARO) Anti-Tick Vaccine facility at Nakyesasa to assess readiness and requirements ahead of its upcoming commercial production.Dr Ggoobi was guided

Ultimate Uganda

Tulip Siddiq MP given jail sentence in Bangladesh after trial in her absence

Tulip Siddiq MP given jail sentence in Bangladesh after trial in her absence

Labour MP and former minister Tulip Siddiq has been sentenced to two years in prison in Bangladesh after being put on trial in her absence alongside 16 other people over corruption allegations.She was found guilty of influencing her aunt, Bangladesh's ousted prime minister

Ultimate Uganda

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

Ultimate Uganda

Treasury bills auction attracts Shs567b as investor demand surges.

Treasury bills auction attracts Shs567b as investor demand surges.

Uganda’s domestic debt market continues to heat up, with the latest Treasury Bills auction attracting overwhelming investor interest and confirming growing confidence in government securities as a safe and lucrative investment option.In Auction No. 1218 held on November 19, 2025, the Ban

Ultimate Uganda

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

Ultimate Uganda