Our Reporter
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Development
Africa’s exports fell 11.9 percent in August 2022, Uganda is the reason why
KAMPALA-Exports of all forms of coffee from Africa dropped by 11.9 percent to 1.24 million bags in August 2022 from 1.4mln bags sold in August 2021, according to International Coffee Organisation [ICO],…
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Development
BCU to arrest members over failure to pay back loans
NAMISINDWA-Bugisu Cooperative Union [ BCU ] chairman Nathan Nandala Mafabi has told cooperative societies members who have failed to pay back the loans acquired from the union that they will be arrested…
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Development
Credit risk remains high as local banks see 7.1 percent profit growth
KAMPALA-Risks for commercial bank lending in the country remain elevated due to slow credit growth, lingering concerns over asset quality, and high write-offs as banks clean up their loan book of COVID-19…
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Development
Illegal fishing: MPs disagree with Museveni on key proposal
KAMPALA-The Members of Parliament have rejected a proposal by President Museveni to include the Uganda People’s Defence Force [ UPDF ] in the Fisheries and Monitoring Unit, under the Fisheries and Aquaculture…
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Cooperatives & Communities
Forgive us our sins: Rwampara, Ngora officials return stolen PDM cash
MBARARA-Rwampara District Chief Administrative Officer, Stephen Rubaihayo and District Production Officer, Athanathias Gumisiriza have returned Parish Development Model [PDM] cash they had stolen after they were arrested by police. The arrest followed…
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News
Help us: KACITA petitions parliament over cost of doing business
KAMPALA-Traders belonging to Kampala City Traders Association [ KACITA ] have petitioned the Deputy Speaker of Parliament, Thomas Tayebwa, on the high costs of doing business and prayed that government stops selective…
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East Africa
EAC Partner States urged to jointly promote tourism investment opportunities
BUJUMBURA-East African Community [EAC] Partner States have been advised to cooperate in packaging and promoting tourism investment opportunities and incentives in the region through different fora. It was further argued that regional…
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Development
Aga Khan students exhibit business skills at 2022 Expo
KAMPALA-Education at Aga Khan Schools in Kampala is not only about reading books and passing examinations. This was illustrated last Friday as students exhibited skills at their 2022 Expo held under the…
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Cooperatives & Communities
BCU mobilises coffee farmers, offers cheap loans
MBALE-Bugisu Co-operative Union [ BCU ] is engaged in zonal mobilisation meetings with coffee farmers in Bugisu Sub-region as one of the measures to increase the supply of green coffee to the…
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News
Uganda’s coffee exports plummet 29 percent in August due to drought
KAMPALA– Uganda’s coffee sub-sector regulator, Uganda Coffee Development Authority [UCDA] reported that the country’s coffee exports fell 28.5 percent year-on-year in August due to a drought that damaged crops in some regions…
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