EA economies grapple with dollar shortage as forex reserves dip
Samia's statement was deemed to be referring to Kenya, where a dollar shortage continues to bite.
Source: theeastafrican.co.ke
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Govt Covid fund has not helped small businesses, BoU concedes
The Small Business Recovery Fund, which was formed in July 2021, to help small businesses struggling with the impact of Covid-19 has only disbursed Shs6.58b out of a possible Shs200b
Source: monitor.co.ug
The Central Bank of Uganda kept its Benchmark Lending Rate at 10%
Officials anticipated inflation would drop to reach its target by the end of the year despite a January uptick that it believed would be transitory. It was
Source: iafrica.com