Anti-Western protests in Kinshasa over the war in eastern DRC allow the government to blame the West after five years of limited progress, at best, in resolving the crisis
Africa’s crises have fuelled a surge in migration to Europe unlikely to abate soon unless rapid population growth is matched by improving economic conditions
Research firm says Bank of Uganda will keep policy rate at 9.5% in first half due to rising inflation, but will cut by 1% by year-end as inflation stabilises below target
The three countries left the 15-member Economic Community of West African States after being suspended following military coups that overthrew elected governments
The last 20 years have seen an unprecedented rise of charismatic Pentecostal prophets in Africa and their unchecked influence on social, economic, and political institutions
Uganda’s merchandise trade deficit narrowed for the fourth month in a row in December as exports continued to grow at a faster rate than imports
Tyagi Lalit joins bank’s board as non-executive director
The Bank of Uganda’s Monetary Policy Committee kept its benchmark interest rate unchanged at 9.5 per cent at its meeting on 6 February
Lending to the private sector slowed in December due to a decline in microfinance loans and stagnant growth in commercial bank loans
Bank of Uganda said that economic activity continues to strengthen, although the weakening shilling could lead to a modest increase in inflationary pressures