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
Mogadishu (HOL) — Uganda has stopped granting refugee status to asylum seekers from Somalia, Eritrea and Ethiopia, saying those countries are no longer considered to have active armed conflicts and that dwindling donor funding has made it difficult to support new arrivals.Ugan
The State House Anti-Corruption Unit (SH-ACU) on Wednesday convened a baraza with Mbarara City leaders, market vendors and their representatives in a bid to resolve longstanding concerns affecting operations at Mbarara Central Market.The engagement brought together the Mbarara C
Speaking at the launch of the book, “The Journey to Remember,” authored by Maj. Gen (Rtd) Elly Kayanja at Hotel Africana, Gen. Otafiire said he felt a sense of betrayal and perplexity regarding Buganda's current relationship with the NRM.Gen. Kahinda Otafiire, one of the fou
That we expected this election to be violent from the very beginning – and are shocked nothing outstanding has yet happened – is telling enough: Our so-called democracy is simply regimes of violence and poorly-choreographed pretensions.Indeed, the entire country understands
China has announced the discovery of the largest gold deposit ever found in the country since 1949, with estimated reserves of 1,444 tonnes in Liaoning province. The discovery comes at a time when global gold prices are hitting record highs.The Chinese Ministry of Natural Resour
The mood in Kabale has been noticeably shifting in recent weeks, and much of that change is tied to the growing presence of Senior Presidential Advisor on Agriculture, Peace Rugambwa. Her visits have been drawing crowds, not just because she arrives with support, but because she arrives with a me
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 co
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 he
Russia's economy is facing a "time bomb", as sanctions escalate and interest rates remain high. Businesses around the country are struggling to pay back loans and are fighting to stave off bankruptcy.Firms have watched on helplessly as interest rates were hiked to 21% towards th
