If your Ugandan business imports machinery, pays suppliers in dollars or carries dollar-denominated debt, a surge in U.S. borrowing costs has consequences far beyond Washington. The yield on the U.S. …
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OpenAI Apologises After Its AI Agent Hacks Australian Government
On June 18th 2026 an experimental model inside OpenAI was given a dull research task. It was asked to find out how much the Australian state of Victoria spent, per …
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FinanceGeopoliticsGlobal NewsLatest NewsNational NewsNewsRegional News
US Gives AUSSOM One More Year as Somalia Funding Crisis Looms
The United States has given the United Nations another year to wind down its logistical support for the African Union Support and Stabilization Mission in Somalia (AUSSOM), easing the immediate …
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Uganda, World Bank Tighten Project Approval With New PIMS Rule
Uganda and the World Bank have agreed to tighten the approval of development projects by requiring proposed investments to pass through the Public Investment Management System (PIMS) before they can …
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GeopoliticsGlobal NewsLatest NewsNational NewsNewsRegional News
Otunnu is now third in the race for the world’s top diplomatic job
Uganda’s campaign to place veteran diplomat Olara Otunnu in the United Nations’ top job has entered a more intensive diplomatic phase, with the Ugandan candidate stepping up engagements with countries …
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EconomicsFinanceGeopoliticsGlobal NewsLatest NewsNational NewsNews
Alupo Calls for Global Finance Reform as Uganda’s Public Debt Continues to Rise
Uganda has used the 81st United Nations General Assembly to push for changes to the international financial system, arguing that rising debt costs and limited fiscal space are making it …
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Is Canada Quietly Preparing for Life After US Trade Dependence?
Canada is accelerating efforts to diversify its trade and investment relationships as uncertainty in its relationship with the United States pushes Ottawa to deepen economic ties with Europe and other …
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Fed Raises Rates for First Time in Three Years, Ripples Reach Africa
The US Federal Reserve’s decision to raise interest rates for the first time in three years is set to put renewed pressure on borrowers in emerging markets as higher US …
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Banking & SavingsFinanceGlobal NewsLatest NewsNews
African Currencies Come Under Pressure as Oil Prices Surge
A renewed surge in energy prices and mounting pressure on African currencies are forcing central banks across the continent to reassess the pace of monetary easing as the economic effects …
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BusinessFinanceGlobal NewsLatest NewsNewsTechnology
Internet Shutdowns Cost the Global Economy Nearly $20 Billion in 2025
Government-ordered internet and network shutdowns are becoming an increasingly expensive disruption to the digital economy, with restrictions affecting about 800 million people and costing the global economy nearly $20 billion …
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