Bitcoin’s silent exodus hits crypto as long-time buyers cash out
More than two months after the token hit a record high above $12 000, Bitcoin has fallen nearly 30% and is struggling to find support.Bitcoin’s most entrenched investor...
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Uganda Moves to Buy Stake in Kenya Oil Pipeline
KPC operates more than 1,700 km (1,056 miles) of petroleum pipelines linking the port of Mombasa to Nairobi, western Kenya and onward to Uganda. The system currently hand...
South African rand flat ahead of leading economic indicator, local inflation data
JOHANNESBURG, Dec 17 (Reuters) – The South African rand was flat in early trade on Tuesday, ahead of the release of local central bank data and inflation data that will...
Big story: Uganda to Borrow $2bn (Shs7.6 tn) from Oil Trading Giant Vitol for Oil, Roads Projects
“UNOC will be able to generate revenues of up to USD 5.6 billion” (about Shs21.3 trillion) from the projects when implemented," the ministry said, adding that the loa...
Adam Back shuts down Quantum FUD that could ‘likely crash Bitcoin’s market’
Some holders have migrated to a relatively secure address format called Segwit.Bitcoin quantumQuantum computing has made some progress, but not to the extent that it coul...
Ugandan socialites who have faced the law
Uganda’s entertainment and social scene has produced countless stars, but not every spotlight moment is glamorous.Over the years, several celebrities and socialites hav...
Betty Nambooze Bakireke: How a Political Icon Drifted into a Fourth-Term Survival Crisis
Hon. Betty Bakireke Nambooze was once among the clearest symbols of defiance in Uganda’s opposition politics. Her courage under repression, sharp tongue, and legislativ...
Bitcoin firm Twenty One Capital drops 20% on first day of trading
Twenty One Capital came to market with over $4 billion in Bitcoin, but its lack of publicly shared business plans appears to have led some investors to the exit.Shares in...
From 2 600% gain to 86% wipeout, crypto’s hottest trade collapses
Investing in public companies holding bitcoin and other digital tokens was a major trend earlier this year, but the market has turned …Bitcoin itself is down only 6%. A...
MP Rukaari Vows to Rescue King of Kings Church Land as District Eviction Threats Intensify
MP Rukaari, Kibaju as they receive blessing from Bishop Silas and other Religious leadersAmos Tayebwa – MbararaThe tug-of-war over the land housing King of Kings Church...