By Godfrey Kenneth Gobba What if you could borrow a hundred million bucks from your bank, invest it in the Stock Market and double your money in two months? What if you could borrow a billion bucks from your bank, invest it in Bonds or Treasury Bills and earn hundreds
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Bitcoin has crossed the $5,000 (£3,862) threshold for the first time. The virtual currency peaked at $5,103.91 in the early hours of Saturday, according to CoinDesk's price index. BBC reports that the record high helped push the total value of publicly traded crypto-currencies - including Ethereum and the Bitcoin-offshoot Bitcoin
Read MoreA UN investigation into alleged human rights abuses in Burundi says there is strong evidence that crimes against humanity have been committed. The report, which is being published today in Geneva, details what the authors say are widespread and systematic violations, committed largely by government forces, since April 2015, when
Read MoreAll eyes will be on the financial markets that opened today for the first full trading session after Friday’s Supreme Court ruling that annulled the August 8 presidential election. The Friday pronouncement by the highest court in Kenya immediately triggered a bloodbath at the stock market that saw Nairobi Securities
Read MoreKenya’s government will not replace the election board ahead of the new elections ordered by the Supreme Court, a presidential spokesman said on Monday, indicating a looming showdown with the opposition. On Friday, the court annulled President Uhuru Kenyatta’s official win in the Aug. 8 presidential polls by 1.4 million
Read MoreThere are plans to set up a specialized hospital in Uganda to treat the increasing number of women who succumb to fistula. The Terrewode Hospital & Rehabilitation Center will also serve as a centre of excellence and a demonstration facility for surgical training programmes that will offer psychosocial rehabilitation for
Read MoreElvis A. Mbonye, in some circles, might be labeled a modern day mystic. However, what would perfectly define his calling is the biblical calling of the prophet. The consistent record over the years of the startling prophetic revelations and predictions accompanied by their confirmation and fulfillment testifies to the heavenly
Read MoreThe head of Kenya's Central Organization of Trade Unions, the umbrella body for the country's trade unions, has appealed to President Uhuru Kenyatta to stop drinking alcohol. COTU Secretary-General Francis Atwoli held a press conference in Nairobi on Sunday in which he urged Kenyatta to "sober up." Kenyatta appeared on
Read MoreProphet Elvis Mbonye is soft spoken; you would be surprised that this man has drawn a crowd of Kampala’s crème de la creme to a session with him every Tuesday night since 2014. While presiding over his Zoe Fellowship, Mbonye is unreachable, with a coterie of security guards. However, at
Read MoreBy Peter Abaanabasazi The Government of Uganda has come under fire over human rights violations in oil refinery affected areas. Bunyoro Parliamentary Caucus says the government has not properly handled the resettlement of people affected by the oil refinery in Kyakaboga Parish, Buseruka Sub-County, Hoima district. Led by Barnabas Tinkasimire,
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