Addis Ababa, Ethiopia | Xinhua | The National Bank of Ethiopia (NBE), the central bank, on Wednesday announced that it will offer a ransom in reward as part of ongoing efforts to crackdown hoarding, illicit transfer and transaction of foreign currency and gold. The bounty follows the suspension of bank accounts …
Read More »Gov’t to revoke licenses of traders hoarding commodities
Kampala, Uganda | THE INDEPENDENT | The government will revoke trading licenses of business entities hoarding essential commodities on the market. This was revealed by Matia Kasaija, the Minister of Finance, Planning, and Economic Development while addressing members of Uganda Parliamentary Press Association-UPPA during a National Budget Conference at Hotel Africana …
Read More »U.S. hoarding COVID-19 shots fuels global vaccine gap: media
Washington, U.S. | Xinhua | The U.S. administration has ordered “almost enough COVID-19 vaccine to fully inoculate every American adult twice,” and its hoarding could fuel a vaccine gap worldwide, Bloomberg has reported. U.S. President Joe Biden announced Wednesday that his administration will double the order of Johnson & Johnson COVID-19 …
Read More »NDA warns against hoarding drugs in wake of COVID -19
Kampala, Uganda | THE INDEPENDENT | The National Drug Authority (NDA) has cautioned the public against hoarding medicines, as the country faces the worst strain of coronavirus. According to NDA, some people stocked medicines from pharmacies, even as it’s recommended that some drugs can only be taken with prescription by …
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