Economy

Uganda, China Deepen Investment Ties as Investors Eye Key Sectors

KAMPALA, Uganda — Uganda has stepped up efforts to attract more foreign direct investment, with a high-level delegation of Chinese…

Kremlin Steals Donbas Resources While Accusing Ukraine of Plundering

Russian President Vladimir Putin has made false claims about Ukraine’s alleged "plundering" of its people in the Donbas region. He…

Trump Threatens 100% Tariffs on BRICS Countries Over Currency Plans

US President Donald Trump has reiterated that countries in the BRICS alliance could face heavy tariffs if they proceed with…

US to Redesign Currency for Better Counterfeit Protection

The United States will begin issuing new dollar bills with enhanced counterfeit protection. The U.S. Bureau of Engraving and Printing…

Canada Will Respond if Trump Imposes Tariffs, Trudeau Says

Canadian Prime Minister Justin Trudeau has expressed strong opposition to US President Donald Trump's potential decision to impose tariffs on…

Zanzibar’s Economic Growth Outpaces Mainland Tanzania in 2024

(Dar es Salaam) - The Bank of Tanzania (BoT) has projected steady economic growth for both mainland Tanzania and Zanzibar…

US Sanctions on Gazprombank Lead to Ruble Freefall

The US sanctions imposed on Gazprombank in November 2024 have significantly weakened the Russian economy, leading to a steep decline…