Romania’s GDP increased by 1.6% y/y under the national methodology and 1.2% y/y under the methodology used by Eurostat, according to the flash estimate published by the statistics office INS. This resulted in a Eurostat methodology growth rate of around 1.4% for the first three quarters of the
Russia's economic crisis is intensifying with thousands of companies reportedly facing bankruptcy. Businesses have been hit by a double whammy of sanctions and high interest rates, since the outbreak of the full-scale war in February 2022.The key interest rate rose to a staggeri
Before launching his parliamentary campaign at Kamwokya Market under the joint “Kampala Under the Umbrella” initiative, Rubongoya conducted a door-to-door outreach in Kisenyi, Kyamuka, and Kifumbira zones, where he interacted with residents and appealed for their votes.David
JUBA — South Sudan’s powerful Vice President, Dr. Benjamin Bol Mel, has been dismissed from all his government, military, and party positions following damning United Nations findings accusing him of orchestrating the large-scale plunder of the country’s oil wealth.A serie
Beirut, Lebanon — Somalia's Minister of Finance, Biixi Imaan Cige, on Wednesday attended the Arab Countries' Meeting on Public Finance and Budgets, held at the United Nations headquarters in Beirut, Lebanon's capital.The high-level gathering focused on financing social sectors
A Sinotruk carrying sand gets stuck on a muddy road, one of the feeder roads in a deplorable state in Kasanje, Wakiso District. Despite collecting over UGX 460 million in taxes, the community says service delivery remains poor.Kasanje, Wakiso District: Kasanje, a mid-size place
Xpeng XPEV stock jumped 18% to three-year highs on record deliveries and humanoid robot technology. Up 130% YTD, outperforming Chinese EV rivals.TLDRXpeng (XPEV) stock jumped 18% Tuesday to its highest price since July 2022October deliveries hit 42,013 vehicles, up
South Sudanese diplomatic staff say their country’s embassy in Nairobi has been closed due to the government’s failure to pay rent for several months.Speaking to Radio Tamazuj on Saturday on condition of anonymity, several embassy staff confirmed that South Sudan’s embassy
The Industrial Court of Uganda has ordered the Uganda Revenue Authority (URA) to pay a total of UGX 51 million to its former manager of compliance, David Kalemera, after concluding that the URA failed to grant him a fair hearing during his termination process.In the award delive
How government’s borrowing spree is leaving citizens bearing the country.At dawn, the roar of engines rises above the quiet streets of Entebbe as David Tumusiime, 47, prepares for his daily commute to Kampala. Like thousands of other motorists, he joins the line sn
