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Musk says H-1B visas being 'gamed' by outsourcing firms

Musk says H-1B visas being 'gamed' by outsourcing firms

 Tesla boss Elon Musk has said H-1B visas were being "gamed" by "some outsourcing companies", but the solution was stopping the abuse and not dismantling the system.Roughly 70% of these visas - that allow US companies to hire skilled foreign workers - are used by Indi

Ultimate Uganda

State House Anti-Corruption Unit Launches Probe Into SACCO, Electricity Issues At Mbarara Market

State House Anti-Corruption Unit Launches Probe Into SACCO, Electricity Issues At Mbarara Market

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

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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, 20

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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 we

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Africa’s petrol shock map: Shs 100 in Libya, Shs 5,000 in Uganda

Africa’s petrol shock map: Shs 100 in Libya, Shs 5,000 in Uganda

Fuel prices, especially petrol, have shot upFuel prices in Uganda are highAcross Africa, the price of a single litre of petrol can determine whether families eat, whether markets open, or whether a taxi driver makes it home with a decent earning. In Libya, that litre costs less than

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Former UCDA executive director is dead

Former UCDA executive director is dead

Dr Emmanuel Lyamulemye, the former executive director of the Uganda Coffee Development Authority (UCDA), is dead.Frank Tumwebaze, the Minister of Agriculture, Animal Industry and Fisheries, announced his death on X.“I learnt this morning with deep sorrow abou

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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

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World's healthiest vegetable' named — scientists say it's packed with nutrients

World's healthiest vegetable' named — scientists say it's packed with nutrients

It's not the one you might expect but you can find it in any supermarketFresh homegrown vegetables and fruits, summer colofrul harvest still life, local farmer produce, organic food, taken from directly aboveThe 'healthiest vegetable on Earth' scientists say is packed with nutrients

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$300M in crypto longs liquidated in the past hour as Bitcoin falls to $97K

$300M in crypto longs liquidated in the past hour as Bitcoin falls to $97K

Rapid selloffs and high leverage expose traders to sudden losses as digital asset markets remain highly sensitive to volatility.$300 million in leveraged long crypto positions were liquidated in the last 60 minutes due to sudden market selloffs.Bitcoin’s price pulled ba

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Oil Climbs for a second day on risk-on tone in wider markets

Oil Climbs for a second day on risk-on tone in wider markets

Prices are being lifted as the US Senate takes a major step toward reopening the government.Oil pumping jacks at an oilfield near Sokolovka village, in the Udmurt Republic, Russia. Image: BloombergOil rose as wider markets were lifted by a push to end the US government sh

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