Binance declared illegal in Nigeria, ordered to cease operations

Binance, a blockchain ecosystem and cryptocurrency infrastructure provider, has been ordered to cease operations in Nigeria after being declared an illegal crypto trading platform. Nigeria’s Securities and Exchange Commission (SEC) issued the directive on Friday, discouraging crypto investors from using the platform as Binance is neither registered nor regulated and its operations in the country were illegal. In a…

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UN chief appoints Ugandan judge to Arusha tribunal

What you need to know Lady Justice Lydia Mugambe Ssali will join the roster of Judges of the International Residual Mechanism for Criminal Tribunals or the Mechanism Arusha. A Ugandan judge has been appointed to serve in the UN Tribunal in Arusha which is set to close soon. Lady Justice Lydia Mugambe Ssali will join the roster of Judges…

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UN chief appoints Ugandan judge to Arusha tribunal

What you need to know Lady Justice Lydia Mugambe Ssali will join the roster of Judges of the International Residual Mechanism for Criminal Tribunals or the Mechanism Arusha. A Ugandan judge has been appointed to serve in the UN Tribunal in Arusha which is set to close soon. Lady Justice Lydia Mugambe Ssali will join the roster of Judges…

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Zanzibar chases Formula 1 round

ZANZIBAR has intensified a bid to become the continent’s sole host of the Formula 1 round as process to acquire the right is going on well. Formula 1 (F1) is the hyper class international racing event for open-wheel single-seater racing cars sanctioned by the International Federation  of the Automobile (FIA). Abdalla Salim Turky, one of the key planners, said…

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Zanzibar chases Formula 1 round

ZANZIBAR has intensified a bid to become the continent’s sole host of the Formula 1 round as process to acquire the right is going on well. Formula 1 (F1) is the hyper class international racing event for open-wheel single-seater racing cars sanctioned by the International Federation  of the Automobile (FIA). Abdalla Salim Turky, one of the key planners, said…

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As anti-gay sentiment grows, more LGBTQ+ people seek to flee Uganda

Story by By EVELYNE MUSAMBI and BRIAN INGANGA, Associated Press • NAIROBI, Kenya (AP) — Pretty Peter flicked through frantic messages from friends at home in Uganda. The transgender woman is relatively safe in neighboring Kenya. Her friends feel threatened by the latest anti-gay legislation in Uganda prescribing the death penalty for “aggravated homosexuality.” Frightened Ugandans are searching for…

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As anti-gay sentiment grows, more LGBTQ+ people seek to flee Uganda

Story by By EVELYNE MUSAMBI and BRIAN INGANGA, Associated Press • NAIROBI, Kenya (AP) — Pretty Peter flicked through frantic messages from friends at home in Uganda. The transgender woman is relatively safe in neighboring Kenya. Her friends feel threatened by the latest anti-gay legislation in Uganda prescribing the death penalty for “aggravated homosexuality.” Frightened Ugandans are searching for…

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Bank of Tanzania takes measures to tackle dollar volatility

The Bank of Tanzania (BoT) has issued new directives aimed at controlling foreign exchange trading in the country a directive that comes at a time when several African countries are struggling with the dollar shortage including Kenya The directive was issued by BoT Governor Emmanuel Tutuba and takes effect from today, Thursday, June 1, 2023. The new controls impact…

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