Nairobi, Kenya | Xinhua | The World Bank on Wednesday projected the economy in Sub-Saharan Africa to slow down to 3.6 percent in 2022 from 4 percent in 2021. The World Bank said the region’s economy is struggling to pick up momentum amid a slowdown in global economic activity, continued supply …
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Kampala, Uganda | THE INDEPENDENT | URA has partly attributed the recent excessive revenue collection of the third quarter of the financial year 2021/22 to the resumption of the night economy and the full reopening of the entire economy. Between January and March this year, URA collected 1,834.37 Billion Shillings against a …
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Vladivostok, Russia | Xinhua | Russian President Vladimir Putin said Tuesday at a joint press conference that it was important to deepen integration between Russia and Belarus in the face of all-out Western sanctions. Putin and Belarusian President Alexander Lukashenko hosted the joint press conference at the Vostochny Cosmodrome in Russia’s …
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The conflict has pushed up food and energy prices, and reduced the availability of goods exported by Russia and Ukraine Geneva, Switzerland | Xinhua | The ongoing conflict between Russia and Ukraine has dealt a severe blow to the global economy, reducing forecasted global trade growth for 2022 from the 4.7 …
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Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER Winners in the war in Ukraine: What Uganda is missing THE LAST WORD A frank memo to our wannabes: Why Oulanyah’s evacuation to Seattle was not a waste of taxpayers’ money COMMENT The implosion …
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Tehran, Iran | Xinhua | Iranian President Ebrahim Raisi said Thursday that his country has not withdrawn from the negotiation table in Vienna and will continue the talks on the restoration of the 2015 nuclear deal. “Negotiations are pursued with vigor and dignity, and we have not left the negotiating table,” …
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Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda insists its not yet safe enough for the banking industry to start paying dividends to their shareholders, two years since this was suspended. Following the outbreak of COVID-19 in 2020, the banking industry was given guidelines to survive the pandemic, and …
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Kampala, Uganda | THE INDEPENDENT | Stanbic Bank has donated Shs70million to the LéO Africa Institute towards supporting its Young Emerging Leaders Project, which fosters leadership skills by emphasizing empathy, clarity, knowledge volunteerism, in their various professional backgrounds, officials said on March 30. Cathy Adengo, the Stanbic Bank Head of Sustainability, …
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President Recep Tayyip Erdogan is an ardent advocate of population increase and has called for families to have more children Ankara, Turkey | Xinhua | As a country that once boasted one of the youngest populations in Europe, Turkey has been aging fast in recent years, which is slowly dragging its …
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Washington, U.S. | Xinhua | The U.S. inflation is at highs not seen in 40 years. While some say there’s no end in sight, others believe inflation will taper off in the second half. The last two years have been some of the most tumultuous the U.S. economy has experienced since …
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