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Cooperatives & Communities
UN General Assembly adopts first resolution on social and solidarity economy
KAMPALA – Following the events organised in July and December 2022 at the United Nations [ UN ] Headquarters in New York, the UN has adopted the first Resolution on promoting the…
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East Africa
EAC to digitalise CET to enhance private sector participation in international trade
ARUSHA-The East African Community [EAC] Secretariat with support from the World Customs Organization [WCO], has commenced the process of digitalisation of its Common External Tariff [ CET ]. The digitalisation efforts are…
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International
SSA growth to decelerate to 3.6 percent
WASHINGTON- Amid a global slowdown, growth in Sub-Saharan Africa [ SSA ] is expected to decelerate to 3.6 percent before rebounding to 4.2 percent in 2024 in line with a global recovery, subsiding…
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Agriculture
EPRC to conduct RIA for sugarcane sub-sector
KAMPALA – Economic Policy Research Centre has received a greenlight to carry out a Regulatory Impact Assessment [RIA] for the sugarcane sub-sector in Uganda. Patrick Ocailap, the deputy secretary to the treasury,…
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International
2023 International Day of Cooperatives announced
LONDON – On July 1, 2023, the global cooperative movement will celebrate the 2023 International Day of Cooperatives, united by the slogan ‘Cooperatives for sustainable development’, according to the International Cooperative Alliance [UCA].…
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News
Africa posts 2.2 percent growth in coffee exports
KAMPALA-Exports of all forms of coffee from Africa increased by 2.2 percent to 1.02 million bags in February 2023 from 1.0mln bags in February 2022, the International Coffee Organisation [ICO] says. ICO…
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Cooperatives & Communities
Govt procures Shs 2.2bln machinery for dairy cooperatives
KIRUHURA-The government has purchased mini dairy processing equipment worth 2.2 billion to benefit farmers in the districts of Sembabule, Kabarole and Isingiro. According to Grace Kazigeti, the head of the Agri-business department…
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Cooperatives & Communities
Emyooga SACCOs to create 2mln jobs next financial year
KAMPALA-Government intends to create two million direct and indirect jobs from the Emyooga SACCOs come next financial year, which begins on July 1, 2023. The Minister of State for Microfinance, Haruna Kasolo…
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Africa
Africa’s growth remains low, says World Bank report
KAMPALA-Growth across Sub-Saharan Africa remains sluggish, dragged down by uncertainty in the global economy, the underperformance of the continent’s largest economies, high inflation, and a sharp deceleration of investment growth, a World…
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Cooperatives & Communities
PDM: Minister Magyezi to give statement as ghost SACCOs receive Shs 30bln
KAMPALA – The Deputy Speaker of Parliament, Thomas Tayebwa has directed the Minister for Local Government Raphael Magyezi to present a statement to Parliament on concerns surrounding the implementation of the Parish…
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