The collapse of popular crypto exchange platform FTX is proving severely detrimental to the industry as it is shaking user confidence, putting the global market capitalisation of cryptocurrencies on another downward trajectory.

Digital Excellence! MTN Uganda scoops four awards in 2022 Digital Impact Award Africa KAMPALA – MTN Uganda won the highest number of awards at the 9th edition of the Digital Impact Awards Africa held at the Kampala Serena Hotel on Friday. The awards organised by...

Uganda’s business community endorses oil pipeline project EACOP project starts at Hoima, close to Lake Albert, and cross Uganda – Tanzania border between Masaka and Bukoba, past Lake Victoria, following its western border, traversing Tanzania, passing close to Kahama, Singida, Kondoa, into Tanga (PHOTO/Courtesy) KAMPALA...

Thank you for reading Nation.Africa Show plans As Uganda’s economy faces tough headwinds, it is difficult to tell which way the economy will turn to following some lapses from key decision makers, Prosper Magazine has established.  The ripple effect of a double digit inflation, a...

US President Joe Biden President Joe Biden has said it is a “legitimate question to ask anybody over 70 years old whether or not they’re fit” to serve in the White House. To those who question his fitness, he has a stock answer: “Watch me.”...

The minister of State for Energy, Opolot Okaasai The minister of State for Energy, Opolot Okaasai, has advised TotalEnergies to also go for geothermal energy as part of its drive of achieving its clean energy target. “I know Total also has an interest in going...

Stanbic bank The world over, scholars have heaped Africa’s post-colonial economic problems on its leadership. In Uganda, the ruling National Resistance Movement [NRM] has almost solely taken the blame for the economy’s poor performance, in the recent past. Not known to locals, NRM and other...

Prison warders march with their guns A year ago, they were barely noticeable. But the recent spate of killings of security personnel and thefts of their guns is causing headaches for security chiefs. The commissioner general of Prisons, Johnson Byabashaija, has urged prison staff to...