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Page 64 - Eafr News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Ugandan shilling trades unchanged, month-end flows offer support

The Ugandan shilling was unchanged on Wednesday on the back of end-month dollar inflows from exporters of coffee and other commodities, traders said.

UK urges its nationals to leave Ethiopia now

Britain on Wednesday called on its nationals to leave Ethiopia immediately due to an intensification of conflict in the East African country.

Ireland says Ethiopia expels four Irish diplomats

Ethiopia has expelled four of six Irish diplomats from the country because of Ireland's stance on the conflict there, Irish Foreign Minister Simon Coveney said on Wednesday.

Zambia delivers 50 basis point rate hike to curb inflation

Zambia's central bank raised interest rates by 50 basis points to 9.0% to help bring down stubbornly high inflation, with price rises only seen falling back within the bank's target range in 2023, Governor Denny Kalyalya said on Wednesday.

Military escalation in Ethiopia risks undermining progress toward peace talks -U S envoy

The U.S. Special Envoy for the Horn of Africa said on Tuesday that "nascent progress" toward getting all parties to Ethiopia's conflict into negotiations on a ceasefire is at risk of being outpaced by an "alarming" increase in military operations.

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