Boko Haram crisis: Nigerian archbishop accuses West.
12 January, 2015

Ignatius Kaigama said the world had to show more determination to halt the group's advance in Nigeria. He said the international community had to show the same united spirit and resolve as it had done after the recent attacks in France..

His warning came after two days of bomb attacks in which more than 20 died. On Sunday, two female suicide attackers killed four people and injured more than 40 people in the town of Potiskum. A day earlier another young female suicide bomber struck in the main city of north-east Nigeria, Maiduguri, killing at least 19 people. The attacks come after reports that hundreds of people were killed last week during the capture by Boko Haram of the town of Baga in Borno state. The archbishop said the slaughter there had shown that the Nigerian military was unable to tackle Boko Haram.

BANK of Uganda has said it would take measures to halt a slide in the shilling it blamed on speculators as the currency dropped to the lowest since October 2011.
12 January, 2015
Today the Bank of Uganda has noted some speculative tendencies that have exacerbated the depreciation,” the regulator said in a statement. “The bank will take measures to tame the depreciation.Uganda’s shilling has retreated 2.9% in 2015, the worst performer among 24 African currencies tracked by Bloomberg. Central Bank Governor Emmanuel Tumusiime-Mutebile warned of inflation pressure before the 2016 election from stronger domestic demand and exchange-rate moves in a speech on December 1, even as he kept the benchmark interest rate on hold at 11 percent less than two weeks later.The Central Bank statement did not give details on what measures it would take. The shilling weakened 0.7% to 2,855 per dollar by 12:35p.m. Yields on 12-month debt in the local currency rose to 14.2% at an auction on Thursday, the highest since February 2013, according to the Central Bank.