The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) at 9.75% signalling a cautious “wait and see” approach in response to growing global economic uncertainty most notably the unresolved US-China trade tensions.The decision comes despite Uganda’s relatively strong econ
Russia is currently suspended from all international competitions, and that will include the World Cup next year, although it appeared that fact was news to Donald TrumpDespite hosting the games next year, Trump was unaware of the banD
BBC | A senior figure from South Africa's ruling ANC party has defended his country's sovereignty amid growing tensions with the US over race relations and a new land law."We are a free country, we're a sovereign country. We're not a province of the United States and that
KAMPALA | United States President Joe Biden and Speaker of Parliament Anita Among shared a moment of rare cordiality at the Vatican, where they attended the funeral rites for Pope Francis.The meeting, captured in photographs showing the two smiling warmly for the camera, came against a bac
Uganda has assumed co-chairmanship of the Coalition of Finance Ministers for Climate Action at the 2025 Spring Meetings of the World Bank Group and International Monetary Fund (IMF) in Washington, DC.The country will share the leadership mantle with the Netherlands, taking over from Indone
US President Donald Trump condemns Russia's overnight attack on Ukraine as "very bad timing", adding "I am not happy".Ukraine's President Zelensky branded the strikes, which killed at least 10 in Kyiv, as "difficult" and "impudent".Writing on his Truth Social account at just before
Denzel Washington is weighing in on the outrageous prices for tickets to see him star in Othello on Broadway — and he doesn't have a problem with the triple-d
Economic gains from artificial intelligence will boost global output by around 0.5% a year between 2025 and 2030, outweighing the costs of rising carbon emissions by the data centres needed to run AI models, the International Monetary Fund said on Tuesday.An IMF report released at its annual spr
WASHINGTON (Reuters) - American families of victims of the October 7, 2023, attacks on Israel filed a lawsuit on Monday against a prominent Palestinian-American businessman, Bashar Masri, charging that he provided assistance in constructing infrastructure that allowed Hamas militants to carry out th
Little Matvei was walking back home from the park with his mother when Vladimir Putin's ballistic missile struck and killed her.The eight-year-old boy was knocked to the ground and woke not knowing that Vita, 50, was among the 19 who died on Saturday in the strike on Kryvyi Rih, the home city of
