Browsing: Inflation
KAMPALA, Uganda — Uganda’s central bank has delivered a sharp monetary policy tightening, raising its benchmark interest rate to 12 per cent as a weakening…
ENTEBBE, Uganda — President Yoweri Museveni has rejected calls to use Uganda’s foreign exchange reserves to slow the depreciation of the shilling, arguing that the…
KAMPALA, Uganda — Uganda’s shilling has moved closer to the Shs4,000-per-dollar mark, with renewed demand for foreign currency putting pressure on the local unit. On…
KAMPALA, Uganda — For businesses that import fuel, machinery or raw materials, it is a statistic that may quietly save millions of shillings. For policymakers,…
NAIROBI, Kenya — Kenya could see as many as 2.4 million additional people pushed below the poverty line by the end of 2026 as rising…
WASHINGTON, D.C., United States — US President Donald Trump has said he “loves the inflation,” even as new government data showed American prices rising at…
WASHINGTON D.C., United States — In a significant shift of his administration’s trade policy, U.S. President Donald Trump signed an executive order on Friday exempting…