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...
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URA Arrests Two over US$24,000 Super Match Cigarette Export Scam
The Uganda Revenue Authority (URA) has arrested Frank Mugisha and Muhumuza George suspected of running a fraudulent “export” scheme involving Super match cigarettes...
EX-POST BANK MD OFF THE HOOK! Judge Blasts “Baseless, Vindictive” Internal Auditor as 8-Year Sh292m Case Collapses
Former Post Bank Uganda managing director Stephen Mukweli (L) is finally a free manFormer Post Bank Uganda managing director Stephen Mukweli is finally a free man after t...
MTN MoMo, Letshego and dfcu Bank Launch Innovative Loans to Boost Agent Liquidity
MTN Mobile Money Limited, in collaboration with Letshego Uganda and dfcu Bank, has unveiled two innovative loan products aimed at providing mobile money agents with insta...
Rwanda Approves Airline-Style Bus Reform in Kigali
Kigali is preparing to roll out one of East Africa’s most ambitious public transport reforms, a service-led model that places efficiency, reliability and strict timekee...
Parliamentary Sacco Assets Rise 14% to Shs 86.3bn
Uganda Parliamentary SACCO has registered growth in its assets base in the last financial Year 2024-2025.The SACCO current assets stands at 86.3 billion from 75.8 billion...
UHRC Awards Sh160 Million to Victims in Mbarara Rulings
The Uganda Human Rights Commission, or UHRC, Tribunal in Mbarara City awarded a total of Sh160 million to victims of severe human rights violations in two separate ruling...
Court issues criminal summons for ex-Trade PS Ssali in Shs3.8bn fraud case
The Anti-Corruption Court has issued a criminal summons for former Trade Ministry Permanent Secretary Geraldine Ssali after she failed to appear for the mention of a Shs3...
Putin in panic as Russia faces economic meltdown with banks facing £100bn 'time bomb'
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 fig...
Brazilian Pilots in SA for the G20 Summit Learn the Hard Way After Failing to Pay Prostitutes
Brazilian Pilots in Sandton Bust-Up After Alleged Dispute With Two Women Over Unpaid ServicesTwo Brazilian pilots who had apparently arrived in South Africa for the G20 L...