Category: Business

Pres Museveni calls for barter trade between Uganda and Cuba

KAMPALA— President Yoweri Museveni has said Uganda and Cuba would benefit a great deal if they exchanged each other’s goods and services.Museveni made the remarks while meeting with a Cuban delegation led by the minister of Foreign Affairs, Bruno Rodri…

East African Community Agrees to Deploy Troops to Stabilize DRC

NAIROBI, KENYA — East African leaders meeting in Kenya have agreed to deploy a Kenya-led regional security force to stop the conflict in the eastern Democratic Republic of Congo (DRC). Weeks of fighting between DRC troops and rebels has raised tensions…

IMF extends Somalia funding to August following election

WASHINGTON— The International Monetary Fund has agreed to extend the duration of a crucial aid package to Somalia, following a long-overdue presidential election last weekend.The three-year $400m aid package from the IMF had been set to automatically e…