CNB Governor Aleš Michl aims to explore Bitcoin’s role in reserve diversification through testing.Czech National Bank crypto betKey takeawaysWhy did the Czech National Bank invest in crypto assets? The CNB launched a $1 million pilot to gain hands-on experience with
Government has moved to raise salaries of Resident District Commissioners (RDCs) to Shs9million from the current 2.2 million shillings per month.Uganda currently has a total of 146 Residents District Commissioners, 163 Deputies and about 300 of their Assistants serving across th
Nearly two years after the World Bank Group suspended new funding to Uganda over the enactment of the Anti-Homosexuality Act, the international lender has lifted the ban.Deputy Speaker of Parliament Thomas Tayebwa was among the first to welcome the development, congratulating th
The decision to flag up the licensing rounds is in line with President Bola Tinubu’s plan to grow Nigeria to a $1 trillion economy.A graphic illustration of barrels of crude oilThe Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced its intention to
Rot In Health Ministry: Parliament Exposes 18yr Scandal In Donor-Funded ProjectsThe Ministry of Health has come under renewed fire in Parliament over a string of stalled, donor-funded projects some delayed for nearly two decades raising fears that the newly proposed cancer centres in Arua
Gen Muhoozi (R) welcoming President Museveni in Kaweweeta on FridayPresident Museveni has commissioned 498 officer cadets of the Uganda People’s Defence Forces (UPDF) and allied African nations, urging the newly minted officers to uphold the army’s founding principles as the
As Black Friday approaches, Victoria Beckham's eponymous beauty brand is offering an incredible deal for a limited time onlyVictoria Beckham's beauty brand has 20% off everything - but not for long (Image: Getty)While Black Friday officially star
The 2036 development strategy of Russia’s Rostec state corporation assumes that the country will remain the world’s second-largest arms exporter, Executive Director Oleg Yevtushenko said."This year, Rostec approved its new development strategy through 2036. The difficult sit
Jesus may have heard words of wisdom from his mother Mary, but she did not help him save the world from damnation, the Vatican has said. In a new decree approved by Pope Leo, the Vatican's top doctrinal office instructed the world's 1.4 billion Catholics not to refer to Mary as
How government’s borrowing spree is leaving citizens bearing the country.At dawn, the roar of engines rises above the quiet streets of Entebbe as David Tumusiime, 47, prepares for his daily commute to Kampala. Like thousands of other motorists, he joins the line sn
