Kampala, Uganda | URN | The effects of the conflicts in the Middle East and Eastern Europe have dominated the 29th Ordinary Meeting of the Monetary Affairs Committee of the East African Community, which just ended in Uganda. All seven governors of the central banks (minus DRC) decried the …
Read More »Uganda’s jet fuel gamble amid Middle East tensions
How Entebbe’s 16 million-litre fuel hydrant is navigating a spiralling crisis NEWS ANALYSIS | IAN KATUSIIME | When geopolitical tensions in the Middle East boil over into a fully fledged conflict, the repercussions are felt far and wide, particularly for countries that import oil from the Arabian Peninsula. …
Read More »Selling the Abraham Accords to a wary Middle East
Trump can’t sell the Abraham Accords on a Middle East that has lost trust in the US COMMENT | MICHELLE BURGIS-KASTHALA | As the US and Iran try to come to terms on a peace deal to end their months-long war, US President Donald Trump recently introduced a new …
Read More »U.S.-Iran standoff in Strait of Hormuz casts fresh shadow over peace prospects
CAIRO, EGYPT | Xinhua | As the United States and Iran tread a bumpy road toward a potential deal to end hostilities, both sides have traded fire over the Strait of Hormuz in recent days, turning the strategic waterway into a tinderbox. The recent tensions over the strait have exposed …
Read More »Middle East military sites damaged in war with Iran: report
WASHINGTON | Xinhua | Iran and its allies have damaged at least 16 U.S. military sites across eight Middle Eastern countries during the U.S.-Israeli war with Iran starting on Feb. 28, rendering some of those positions virtually unusable, a CNN investigation has found. The damaged facilities constitute the majority of …
Read More »Kenya’s record fuel hike amid Middle East conflict squeezes livelihoods
NAIROBI, KENYA | Xinhua | At a busy bus stop on the outskirts of Nairobi, the capital of Kenya, commuters wait in long queues as transport fares rise in response to surging fuel prices. “I paid 0.61 dollars this morning instead of the usual 0.38,” said Moses Kalondu, an office …
Read More »How Africa is paying the price for Iran-U.S war
Once again, Africa finds itself on the receiving end of global crises; paying the price in growth, stability, and livelihoods NEWS ANALYSIS | RONALD MUSOKE | When the so-called coordinated military strikes by the United States and Israel hit Iranian territory on Feb. 28, the escalation marked a decisive …
Read More »How escalation in Middle East spills over, impacts global economy
BEIJING, CHINA | Xinhua | With U.S.-Israel joint military strikes on Iran entering the fifth week with no clear path to resolution, the economic aftershocks are spreading far beyond the Middle East. What began as a geopolitical flashpoint has evolved into a systemic economic shock, reverberating through energy markets, industrial …
Read More »Uganda says fuel stocks stable despite Middle East disruptions
KAMPALA, UGANDA | Xinhua | Uganda has sufficient fuel stocks to sustain the country for the next two months, a senior government official said on Wednesday. Ruth Nankabirwa, minister of energy and mineral development, said in a video posted on social media platform X that the government has taken measures …
Read More »Kenya assures adequate fuel stocks amid Middle East crisis
KPC is currently holding 102 million liters of petrol, 146 million liters of diesel, and 167 million liters of dual-purpose kerosene NAIROBI, KENYA | Xinhua | Kenya on Wednesday assured the public of sufficient fuel stocks despite the ongoing Middle East crisis. Opiyo Wandayi, cabinet secretary for energy and petroleum, …
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The Independent Uganda: You get the Truth we Pay the Price