Nairobi, Kenya | Xinhua | The Russia-Ukraine conflict is hurting the performance of East Africa’s business community due to the rising prices of key commodities, the regional apex lobby said Tuesday. John Bosco Kalisa, the chief executive officer of the East African Business Council (EABC), told journalists in Nairobi, the capital …
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The Central Bank Rate raised from 6.5 to 7.5% to tame inflation Kampala, Uganda | JULIUS BUSINGE | Bank of Uganda has for the first time in the last two years raised the central bank rate by 1% percentage point to 7.5% to tame inflation, setting the pace for commercial …
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How US involvement in the Russia-Ukraine conflict is helping the rise of China to surpass America as the world’s leading power THE LAST WORD | ANDREW M. MWENDA | As the conflict between Russia and Ukraine intensifies, the biggest beneficiary will not be the USA and her satellites but China. …
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Cape Town, S.A. | Xinhua | The Inter-Parliamentary Union (IPU) has appointed Nosiviwe Mapisa-Nqakula, speaker of the National Assembly of South Africa, to its task force to mediate in the Russia-Ukraine conflict, South Africa’s parliament said on Wednesday. The appointment was made after the global organization of national parliaments adopted a …
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Geneva, Switzerland | Xinhua | The World Health Organization (WHO) warned on Wednesday that the ongoing Russia-Ukraine conflict is likely to drive COVID-19 transmission ever higher and in turn increase the risk of large numbers of people developing severe disease. “WHO is deeply concerned about the unfolding humanitarian emergency in Ukraine,” …
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Volatility in the oil market is caused by geopolitical developments rather than changes in market fundamentals New York, U.S. | Xinhua | Oil prices surged again on Wednesday after major oil producers decided to stick to modest output increase despite supply fears amid the Russia-Ukraine conflict. The West Texas Intermediate (WTI) …
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Kampala, Uganda | THE INDEPENDENT | Members of Parliament have asked for a position statement from the government on the plight of Ugandans caught up in the Russia-Ukraine conflict. Lwemiyaga County representative, Theodore Ssekikubo and Shadow Minister of Foreign Affairs, Muwada Nkunyingi said several Ugandans are studying, working and living in …
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The Independent Uganda: You get the Truth we Pay the Price