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Africa
Africa’s coffee exports drop 9 percent in December 2022
KAMPALA -Exports of all forms of coffee from Africa decreased by 9 percent to 0.97 million bags in December 2022 from 1.13mln bags in December 2021, according to International Coffee Organisation [ICO].…
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News
2023/2024 budget: Mpuuga pledges to support social protection funding drive
KAMPALA-The Leader of Opposition in Parliament [LoP], Mathias Mpuuga has committed to supporting efforts geared towards funding social protection in the 2023/2024 national budget. This was during a meeting where the Uganda…
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Development
Tayebwa directs probe into Police SACCO
KAMPALA-The Deputy Speaker of Parliament, Thomas Tayebwa, has directed the Committee on Defence and Internal Affairs, to investigate the alleged fraudulent operations in Uganda Police SACCO also known as Exodus SACCO. Tayebwa…
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News
Alcohol Bill: Stakeholders in Kampala propose harsher restrictions
KAMPALA-Stakeholders have proposed tougher restrictions to regulate the sale and consumption of alcohol in the country with a fine of Shs 20 milliom or spending 10 years in prison proposed in the…
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Agriculture
Breakthrough as ACTESA develops regional seed information system
KAMPALA-The Alliance for Commodity Trade in Eastern and Southern Africa [ ACTESA ], has developed a Seed Information System which will be used to measure performance of the COMESA Seed Trade Harmonisation…
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Cooperatives & Communities
Financial literacy: Speaker Among urges leaders to train locals
KATAKWI– Speaker of Parliament, Anita Among has urged political leaders to train communities in financial literacy if the dream to achieve an economically transformed Uganda is to be achieved. Among made the…
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News
Verification Mission to assess Somalia’s readiness to join EAC launched
KAMPALA-The East African Community [EAC] today officially launched the Verification Mission to assess the Federal Republic of Somalia’s readiness to join the Community. The verification team comprising experts from the EAC Partner…
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Finance & Banking
“We have terribly missed him” BoU boss wails in tribute to Late Prof. Tumusiime-Mutebile
KAMPALA-Staff at the Bank of Uganda [BoU] still miss former governor, the Late Prof. Emmanuel Tumusiime-Mutebile who died on January 23, 2022, according to the institution’s deputy governor Michael Ating-Ego. Atingi who…
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Development
Gov’t urged to pay contractors
KAMPALA-Government has been urged to prioritise funds meant for the payment of contractors hired by Uganda National Roads Authority [UNRA] if financial hemorrhage is to be avoided. As of 27 September 2022,…
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Africa
Reducing cost of basic foodstuffs in Africa: Govts urged to provide investment incentives
NAIROBI-African countries have been asked to provide investment incentives to businesses operating in the agribusiness, green and blue economy in order to reduce the soaring costs of basic foodstuffs coupled with rising…
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