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09 Dec '25
An inquiry into the cost of electricity from the 250MW Bujagali Hydropower Dam has revealed that government has over the past seven years paid USD 213.1 million (about UGX 775 billion) in deemed energy, money paid to Bujagali Energy Limited (BEL) for power generated but not taken by the national
Business •
08 Dec '25
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
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06 Dec '25
Uganda’s notorious gold fraud syndicates have struck again—this time roping in high-profile foreign operatives, including a former FBI Special Agent, a former U.S. Army Ranger, and a U.S. Embassy employee in Sierra Leone, in what is shaping up to be one of the most dramatic cross-border scams
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24 Nov '25
Bitcoin has seen a slight rebound after dropping to USD 86,000, rising to USD 87,540 as of November 24, 2025. The cryptocurrency remains far below its earlier peak of USD 126,000, having plunged under USD 100,000 and declined for several days. Market conditions remain weak, and any meaningful rec
Business •
23 Nov '25
Bitcoin price rose to USD 86,084.62 on November 23, 2025, showing a slight upward trend from its previous levels of USD 84,187.74 and USD 83,849.64. The shifts highlight its volatility. If the upward movement continues, Bitcoin could gain momentum, though it is unclear whether this trend will hol
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18 Nov '25
The Ministry of Ministry of Finance, Planning and Economic Development (MoFPED) has released data indicating a positive economic outlook for the month of October, 2025 as compared to the previous month.The Ministry says that in October 2025, the Shilling appreciated by 1.3 perce
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17 Nov '25
Bitcoin’s price is now at a “pivotal juncture” as the fate of the market cycle depends on incoming macro signals and maintaining key technical price levels.US spot Bitcoin exchange-traded funds (ETFs) closed a third straight week in the red, deepening concerns that one of
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17 Nov '25
Customs officials at the Jomo Kenyatta International Airport (JKIA) on Thursday arrested six female suspects attempting to smuggle USD$857,300 (Sh103.6 million) from India.The six women of Somali origin arrived at the airport from India aboard Ethiopian airline flight Number ET3
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14 Nov '25
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
Business •
12 Nov '25
Bitcoin price today, on November 12, 2025, stood at USD 1,03,254.25 at 9:49 AM IST, showing slight movement through the day. The cryptocurrency has continued to hover around the USD 1,03,000 mark. Earlier in the day, BTC price was trading at USD 1,02,722.42 at 4:11 AM IST, while on the pre