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All about Czech National Bank’s first $1M crypto purchase

All about Czech National Bank’s first $1M crypto purchase

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

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IGP Byakagaba Assures Rwenzori Residents of Security After Recent Attacks

IGP Byakagaba Assures Rwenzori Residents of Security After Recent Attacks

The Inspector General of Police (IGP), Abbas Byakagaba, has assured residents of the Rwenzori region of continued security and stability following a string of recent coordinated attacks on police and army installations.Speaking during a visit to Kasese District on Wednesday, Bya

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Gold rally runs out steam amid firmer dollar

Gold rally runs out steam amid firmer dollar

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.

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Report Blames Illegal Construction for Kampala Floods

Report Blames Illegal Construction for Kampala Floods

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

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Museveni promises To ‘correct Ham Kiggundu mistake’.

Museveni promises To ‘correct Ham Kiggundu mistake’.

Museveni assured in a message that any mistakes linked to construction over Nakivubo Channel would be “correctedPresident Yoweri Museveni last night pledged government support for traders whose goods were destroyed in last week’s floods in downtown Kamp

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Crushed by punishing US sanctions, Russia’s Lukoil sells its international business.

Crushed by punishing US sanctions, Russia’s Lukoil sells its international business.

Lukoil said Thursday it had accepted an offer from global commodity trader Gunvor to buy its foreign assets, which Russia’s second-largest oil company is seeking to sell after Washington imposed sanctions on it last week.The planned asset sale is the most consequential action

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DENIS TUKAHIKAHO PhD: Uganda’s $31M carbon deal is just the beginning—now let’s plant more trees.

DENIS TUKAHIKAHO PhD: Uganda’s $31M carbon deal is just the beginning—now let’s plant more trees.

Denis Tukahikaho Ph.D. is an expert on Cooperatives, Financial Inclusion and Renewable Energy InvestmentKAMPALA – The Green Climate Fund (GFF) has approved a USD 31 million (UGX 107.7 bn) as a result-based payment for Uganda in recognition of measurable success in reducing deforestation

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Minister Mao Calls for Transfer of National Transitional Justice Bill to Ministry of Justice.

Minister Mao Calls for Transfer of National Transitional Justice Bill to Ministry of Justice.

The 5th Regional Transitional Justice working group in Northern Uganda met on Wednesday in Gulu City.The Minister for Justice and Constitutional Affairs, Hon. Norbert Mao, has urged the government to transfer the National Transitional Justice Bill (NTJB) from the Ministry of Internal Affai

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Gold slips as Fed rate caution boosts dollar, set for third monthly rise.

Gold slips as Fed rate caution boosts dollar, set for third monthly rise.

Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts.Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts, although bullion was still on track for its third straight monthly gain.

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KIU Statement On The State Of Affairs In The University.

KIU Statement On The State Of Affairs In The University.

Dear Parents, Students, Stakeholders and the entire public, Kampala International University has noted with concern the ongoing media engagements relating to the state of affairs in the university. The major issues of contention include students’ tuition payment policy, academic issues and welf

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