The real cost of the digital cryptocurrency’s fall from grace Kampala, Uganda | THE INDEPENDENT | Bitcoin hit its highest valuation a year ago, reaching above £15,000 on some exchanges. Since then, a unit of the cryptocurrency has dropped 80% and is valued at less than £3,000. According to Sky …

ANALYSIS: Bitcoin is often confused with blockchain which is the technology on which the cryptocurrency is based Kampala, Uganda | Morris Borris Atugonza | A blockchain is a database that is shared across a network of computers. Once a record has been added to the chain it is very difficult to change it. …

Kampala, Uganda | THE INDEPENDENT | Kyambogo University is planning to enter into Public Private Partnership (PPP) to construct students’ hostels. Appearing before the Parliament’s Education Committee chaired by Pallisa County MP Jacob Opolot, the University Secretary Charles Okello said that the University Council had approved a Resource Mobilization and …

Kampala, Uganda | THE INDEPENDENT |  Uganda National Examinations Board (UNEB) is seeking sh28.1 billion to among other things enhance security of examinations, certification and construct storage facilities. The matter came up Thursday when a team of UNEB officials led by the Board Executive Secretary, Dan Odongo appeared before the …

Kampala, Uganda | THE INDEPENDENT | The Inter-governmental Authority on Development (IGAD) has said that the security and conflict situation in the IGAD Sub-region is rapidly improving. IGAD is a trade block comprising of Uganda, Kenya, South Sudan, Sudan, Djibouti, Eritrea, Somalia and Ethiopia. Dr Koang Tutlam Dung, the Representative …

Coca-Cola, Pepsi tout plastic recycling in rare joint appearance Davos, Switzerland | AFP |  The bosses of Coca-Cola and Pepsi promised Thursday that “huge progress” would be made by 2030 to reduce plastic waste, which contaminates humans, wildlife, and oceans. Soft drink archrivals James Quincey and Ramon Laguarta participated in …

  Kampala, Uganda | THE INDEPENDENT | Makerere University management has cancelled the newly gazetted guild electoral guidelines. On Wednesday, the students during their emergency Guild Representative Council session referred to the new regulations as “draconian. The students had given a 48-hour ultimatum to the University management to have dropped …

Kampala, Uganda | THE INDEPENDENT | Ugandan and Tanzanian officials are meeting in Kampala for another round of negotiations on the Host Government Agreement for the East Africa Crude Oil pipeline. Sources at the Energy Ministry have indicated to URN that about four Ministers from Tanzania are already in Uganda for …

Kampala, Uganda | THE INDEPENDENT | As pressure to reinstate the suspended staff association leaders continues to mount, the Makerere University Acting Vice Chancellor Prof. Eria Hisali has called an emergency meeting for all university managers to discuss the way forward. The meeting according to an invitation issued on Thursday, …

Kampala, Uganda | AFP | Ugandan police on Thursday announced the expulsion of another foreigner working for telecom giant MTN, following the deportation earlier this week of two of the company’s expatriate staff. MTN Uganda’s general manager for mobile money Elsa Mussolini, an Italian citizen, was forced out of the …