Fred Ojambo
Economics Journalist at Bloomberg News
Ugandan business journalist working for Bloomberg News. Previously worked for Dow Jones Newswires. Opinions are my own and retweets aren't endorsed
Articles
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2 days ago |
bloomberg.com | Fred Ojambo |David Herbling
Downtown Kampala, Uganda. (Bloomberg) -- The World Bank agreed to restart lending to Uganda almost two years after it suspended new loans to the East African country following its enactment of a harsh anti-LGBTQ law.
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1 week ago |
bloomberg.com | Fred Ojambo
The Ugandan parliament building in Kampala. (Bloomberg) -- Germany said allegations that its ambassador to Uganda was involved in subversive activities were “absurd,” after the East African nation said it was suspending military cooperation. The Uganda Peoples’ Defence Forces announced the move in a statement on Monday. It did not provide details of what the ambassador was alleged to have done.
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2 weeks ago |
bloomberg.com | Fred Ojambo
(Bloomberg) -- Ugandan lawmakers passed a law that will allow military courts to try civilians, just three months after the supreme court ruled that such trials were illegal. Opposition members boycotted a debate on the Uganda People’s Defence Forces Amendment Bill, saying the state will use the law to persecute any dissenters.
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2 weeks ago |
bloomberg.com | Helen Nyambura |Fred Ojambo
A supervisor inspects the quality of coffee beans at the Nairobi Coffee Exchange in Nairobi. (Bloomberg) -- Uganda’s exports have surged despite the east African nation losing its preferential access to US markets after it enacted a harsh anti-homosexuality law, according to a top presidential adviser.
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3 weeks ago |
bloomberg.com | Fred Ojambo |Jennifer Zabasajja
(Bloomberg) -- The Bank of Uganda has bought $1.5 billion from the market this fiscal year and used currency swaps to rebuild its foreign-exchange reserves after they were drained by an aid freeze and debt repayments. “We have taken extraordinary measures,” Governor Michael Atingi-Ego said in an interview with Bloomberg TV.
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