Impact of World Bank's Decision on Uganda’s Economy

🎙The World Bank's decision to suspend funds to Uganda over its controversial anti-LGBTQ law underscores global pressure for human rights and equality, impacting the nation's economic trajectory.🎙The JSE FTSE All Share Index rose 0.9% to close at 73,760 on Monday, ending a six-day losing streak. The rebound was driven by a 1.8% increase in the financial sector.🎙Kenyan start-up Twiga Foods is undergoing layoffs and operational adjustments due to economic hardships impacting purchasing power. 🎙Ethiopian Airlines partners with Boeing to establish aircraft parts manufacturing plant in Addis Ababa, creating jobs and producing components.