Emmanuel Babalola, Africa’s Director for Binance In many ways, 2021 was an outstanding year for the crypto ecosystem in Africa and the rest of the world. Though still heavily impacted by the pandemic, remarkable growth was recorded on the continent, as well as noteworthy progress with innovation, regulation, and adoption.
Read MoreMonth: January 2025
Renovation works at Vox Lounge in Makindye Bars and pubs in Kampala and surrounding areas are undergoing renovation in preparation for the resumption of their operations after spending nearly two years of closure. President Yoweri Kaguta Museveni closed bars and all places of social gatherings when he announced the nationwide lockdown
Read MoreA worker at Petromax Bulenga, Mityana Road changes Petrol price quotations to a new 5,100 The recent spiraling in fuel prices in Uganda has been attributed to the need to ration the available fuel stocks rather than profiteering. Fuel prices have been rising sharply since early last year but since
Read MoreMAAIF Minister Frank Tumwebaze The Minister of Agriculture, Animal Industry and Fisheries Frank Tumwebaze has in an address on fake inputs, fake agro-chemicals and fake acaracides on the Ugandan markets said that problem mainly is in the veterinary sector, but also to some extent, "in the agricultural sector." According to
Read MoreEntebbe expressway toll point The minister of works and transport, Gen Katumba Wamala has revealed that some government officials have applied to be exempted from paying toll fees to use Kampala - Entebbe expressway. As a result, MPs also want to use the road at a zero cost. The minister made
Read MoreCatalyst CEO Paul Kavuma. PHOTO | SALATON NJAU | NMG Biscuit maker Britania which was placed under administration last year is up for sale. The company, which has been operating for more than 30 years was placed under administration last year after defaulting on loans of more than KSh1.3 billion (UShs40.38bn) provided
Read MoreFire fighters trying to put out the flames. Three people were confirmed dead on Saturday Hima Factory limited in Kasese District has suspended its operations after a Saturday fire outbreak that left three factory workers killed and properties worth millions destroyed. Six other factory employees were injured with three in critical condition.
Read MoreMuseveni in a group photo with soldiers who received medals Office of the Presidency wants Shs4.874bn to procure 1165 medals for for Presidential Awards. This is after Government run out of medals. However, only Shs339Million has been availed, leaving shortfall of Shs4.235bn. The request was made by Sadat Kisuyi, Principal Economist, Office of President while
Read MorePatricia Ojangole, the Managing Director, UDB The Uganda Development Bank Ltd (UDBL), the country’s national Development Finance Institution, approved projects worth Shs926 Billion of which a total of Shs589 Billion has so far been disbursed into the Ugandan economy to support businesses during the Covid-19 pandemic period (August 2020, to-date).This
Read MoreMakerere University students are demanding the release of their results two years after they failed to access them. The students are accusing the university administration of negligence and failing to respond to their plight. Mutesi Hadijja, a first-year student at the College of Humanities and Social Sciences who is left
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