Uganda Launches Okusevinga: First Government-Owned Unit Trust Scheme
Uganda Launches Okusevinga: First Government-Owned Unit Trust SchemeThe Bank of Uganda (BoU), in collaboration with the Ministry of Finance, Planning and Economic Develop...
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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...
Uganda says to trim debt issuance by 21% in 2026/27 FY
The Bank of Uganda, Uganda’s central bank, in Kampala, Uganda, on Wednesday, May 17, 2023. Uganda estimates that it will need $28.1 billion to adapt to the effects of c...
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...
Dr Ggoobi Visits NARO Anti-Tick Vaccine Facility Ahead of Commercial Production
The Permanent Secretary and Secretary to the Treasury (PSST), Dr Ramathan Ggoobi, has visited the National Agricultural Research Organisation (NARO) Anti-Tick Vaccine fac...
Tulip Siddiq MP given jail sentence in Bangladesh after trial in her absence
Labour MP and former minister Tulip Siddiq has been sentenced to two years in prison in Bangladesh after being put on trial in her absence alongside 16 other people over...
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...
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 i...
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 fr...