Nairobi experiences extensive damage due to flooding.

Flooding in Nairobi has reached extreme levels, causin g roads to become rivers, according to a top official. Heavy rain has pounded Kenya in recent days, causing widespread devastation. The UN says that at least 32 people have lost their lives and more than 40,000 have been forced from their homes because of the rain…

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Sudan had the highest number of people facing extreme food shortages in 2023, according to a UN report.

                                      By ronald sserwadda Sudan had the highest number of people facing extreme food shortages globally in 2023 due to conflict and displacement, according to the UN’s Food and Agriculture Organisation (FAO). Last year Sudan was responsible for two-thirds of an additional 13.5 million people who urgently needed help due to the war between rival…

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IMF forecasts show that Kenya’s economy will surpass Angola’s.

                                              By sserwadda ronald According to the International Monetary Fund (IMF), Kenya is set to become the fourth largest economy in sub-Saharan Africa this year, overtaking Angola. Kenya will follow South Africa, Nigeria, and Ethiopia as the largest economies in the region. The forecast sees Kenya maintaining that position until the end of 2029. Last…

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The US Congress has approved a $95 billion aid package for Ukraine and Israel.

                              By ronald sserwadda The US Senate has passed a $95 billion foreign aid package, which includes military support for Ukraine, Israel, and Taiwan. President Joe Biden is expected to sign the legislation into law on Wednesday. The US Senate backed the bill passed by the House of Representatives on Saturday. It includes $61bn in…

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Mass arrests made as US campus protests over Gaza spread

By James FitzGerald & Bernd Debusmann Jr  Arrests and anger at US university pro-Palestine demos Protests over the war in Gaza have taken hold at a handful of elite US universities as officials scramble to defuse demonstrations. Police moved to break up an encampment at New York University (NYU) on Monday night, making a number…

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How ICRA milestone  benefits Uganda’s financial sector

Earlier this year, ICRA became the first local credit rating agency in Uganda to be recognized by the Bank of Uganda. How does this milestone specifically benefit Uganda’s financial sector, and what opportunities does it unlock for local businesses and investors? Before ICRA there wasn’t any single Credit Rating agency based inside the country with…

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UN summit calling to end plastic pollution starts today   in Ottawa.

 By Ronald Sserwadda, 23-04-2024 Scientists and experts from around the world will descend on Ottawa in time for Earth Day as part of a global effort to end plastic pollution on Earth. The fourth of five rounds of negotiations as part of a United Nations delegations aims to develop an international legally binding treaty on plastic…

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