Experts say it is more pleasurable and puts power in the hands of women Kampala, Uganda | FLAVIA NASSAKA | A new condom said to be more pleasurable is undergoing tests to be used in Uganda. The ‘panty condom’, as it is called, has already been given a greenlight by the …
Read More »Property market in Uganda more stable- Knight Frank
Kampala, Uganda | THE INDEPENDENT | The property market in Uganda has not recovered to its past glory but it is more stable and less volatile than it was two years ago, according to a market update by Knight Frank Uganda, a real estate consultancy firm. It adds that many of …
Read More »Uganda’s financial market ranked 10th in Africa
Kampala, Uganda | ISAAC KHISA | Uganda’s financial market has been ranked 10th with a score of 47%, a head of Tanzania in the East African Community in the inaugural Barclays Africa Group Financial Markets Index 2017. The survey that was conducted in 17 African countries that account for 60% of …
Read More »Bitcoin suffers dramatic price plunge in Asia
Tokyo, Japan | AFP | Bitcoin prices plunged about 15 percent in Asian trade Wednesday before recouping some of the losses as investors apparently took fright at news that a South Korean exchange had been hacked. The unit, which hit a record $19,500 at the start of the week, took a …
Read More »Uganda’s real estate market still offers plenty of opportunities
Arthur Mukembo is the regional director for RE/MAX in East Africa, an international real estate brand established in 1973 in Denver, Colorado and now present in more than 100 countries and territories with a network of over 115,000 real estate professionals in 7,500 offices. He spoke to Isaac Khisa in …
Read More »COMMENT: The abnormality of oil
Why inflation and monetary-policy adjustments by central banks might not impact its price COMMENT | JIM O’NEIL | Writing about oil prices is always risky. In a January 2015, I suggested that oil prices would not continue to fall, and even predicted that they would “finish the year higher than they …
Read More »Bitcoin tops $18,000 in debut on major bourse
New York, United States | AFP | Bitcoin surged past $18,000 after it began trading on its first major global exchange Sunday, the latest in a series of highs that have excited some investors while leaving others nervous of a bubble. Trading of the controversial digital currency on a futures contract …
Read More »Bitcoin futures launch sparks excitement, warnings
New York, United States | AFP | Bitcoin makes its debut on a major exchange Sunday, a milestone for the digital currency that has some investors excited but others nervous. The Cboe Futures Exchange in Chicago will open trading in bitcoin futures at 2300 GMT on Sunday, a move that is …
Read More »Bubble or brave new world? Bitcoin breaks $10,000 barrier
Singapore, Singapore | AFP | Bitcoin broke through the $10,000 barrier for the first time on Wednesday as it continues a stratospheric rise that has delighted investors but sparked fears of a bubble. The virtual currency hit a high of $10,379 in Asia, according to Bloomberg News, more than 10 times …
Read More »Coca-Cola shakes Uganda’s energy drink market
Kampala, Uganda | JULIUS BUSINGE | Century Bottling Company Limited, a franchise bottler and distributor of Coca Cola Products in Uganda, has taken on Hariss International Limited’s Rock Boom and Pepsi Cola’s Sting with a low-cost energy drink in a move likely to stir competition in the energy drinks segment. The …
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