Middle East
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News
Middle East Conflict Sends Global Growth to Lowest Rate Since COVID-19
KAMPALA, June 14, 2026—The conflict in the Middle East is expected to slow global growth to the lowest rate since the onset of the COVID-19 pandemic amid higher energy prices, steeper inflation,…
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News
EBRD forecasts slower growth in Sub-Saharan Africa in 2026
KAMPALA, June 4, 2026 — Economic growth across the European Bank for Reconstruction and Development’s [ EBRD ] Sub-Saharan Africa [SSA] economies is forecast to slow to 4.7 per cent in 2026…
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Cooperatives & Communities
International tourism rises 2 percent in first quarter of 2026 despite global uncertainty
KAMPALA, June 2, 2026 — International tourism increased by 2 percent in the first quarter of 2026 despite growing geopolitical and economic uncertainty, according to the latest data released by UN Tourism.…
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News
Global Economic Outlook Hangs in Balance Between Geopolitical Headwinds and AI boost, Chief Economists Warn
GENEVA, May 29, 2026 – The global economic outlook has deteriorated sharply in recent weeks, according to the latest edition of the World Economic Forum’s Chief Economists’ Outlook, published on Thursday. Nearly nine in…
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News
Uganda: Outstanding private sector credit improves slightly in March 2026
KAMPALA, May 28, 2026 — The stock of outstanding Private Sector Credit [PSC] in Uganda increased by 2.3 percent, rising from Shs 25.377 trillion in February 2026 to Shs 25.965trn in March…
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News
Global coffee prices decline 2.7 percent in April 2026, says ICO report
KAMPALA, May 19, 2026 — Global coffee prices fell in April as improving supply prospects outweighed fears over rising shipping and energy costs linked to tensions in the Middle East, according to…
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News
EBRD supports sustainable cashew value chains in Côte d’Ivoire
ABIDJAN, May 19, 2026 — The European Bank for Reconstruction and Development [EBRD] is strengthening agribusiness value chains in Côte d’Ivoire with a loan of up to US$ 60 million [€51 million] for Dorado,…
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News
BoU keeps CBR at 9.75 percent as Middle East conflict raises inflation risks
KAMPALA, May 14, 2026 — The Bank of Uganda [ BoU ] has maintained the Central Bank Rate [CBR] at 9.75 per cent, citing rising inflationary risks linked to the ongoing conflict…
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News
Uganda’s exports jump 63.7 percent year-on-year in February 2026
KAMPALA, April 21, 2026 — Uganda’s export earnings rose by 63.7 per cent year-on-year to US$1,374.18 million in February 2026, up from US$ 839.28 million in February 2025, according to a new…
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Opinions & Commentary
Why USD 100 oil isn’t the economy-killer it used to be
By Manpreet Gill KAMPALA, April 9, 2026 — Just how much should investors worry about high oil prices? Amid the ongoing Middle East conflict, it is not surprising that investors are focused…
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