Our Reporter
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Health
THF raises US$50mln to scale proven innovative healthcare models in Africa
NAIROBI – FSD Africa Investments, AfricInvest, Malaria No More, and Health Finance Coalition [HFC] have announced the establishment of the Transform Health Fund [ THF ], a blended-finance fund for scaling proven and…
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Cooperatives & Communities
PDM: Parishes receive Shs 50mln each
KAMPALA – Parishes that were able to establish SACCOs have each received Shs 50 million in the current financial year, which is half of the Shs 100 million pledged by the government,…
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Africa
16th COMESA Business Forum held in Zambia
LUSAKA – The 16th edition of the COMESA Business Forum took place in Lusaka, Zambia with over 500 regional and international businesses participating the in the one-day event preceding the COMESA Summit. The…
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International
Africa sees coffee exports drop 9.8 percent in May 2023
KAMPALA – Africa saw its coffee exports of all forms drop by 9.8 percent to 0.94 million bags in April 2023 down from 1.04mln bags in April 2022, the International Coffee Organisation…
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East Africa
Drafting Constitution for the EAC Political Confederation: National consultations concluded in Kenya
NAIROBI – National consultations for Drafting the Constitution for the proposed East African Community [EAC] Political Confederation concluded in Machakos County, Kenya over the weekend. The 20-day consultations launched in Mombasa on…
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Cooperatives & Communities
PSST Ggoobi: SACCOs in Uganda have grown to over 30,000
The number of Savings and Credit Cooperative Organisations [SACCOs] in Uganda has increased to 33,000, according to the Permanent Secretary and [PSST] Secretary to the Treasury, Ramadhan Ggoobi. According to Ggoobi, there…
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Environment
Environment Parliament calls for more investment in waste disposal
KAMPALA – To tackle climate change, the Environment Parliament has issued a call for a substantial increase in investment in solid waste disposal research if the country is to have a safe…
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News
Bill regulating competition among businesses passed
KAMPALA – Parliament last week passed the Competition Bill 2022 aimed at facilitating fair competition in markets and prevent practices having adverse impacts on competition in markets. The bill primarily seeks to…
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Finance & Banking
MPs approve over Shs 355bln loan for INVITE project
KAMPALA – Government’s request to borrow up to US $96 million [Shs 355.5bln] to finance the Investment for Industrial Transformation and Employment [ INVITE ] project has been okayed by Parliament. The…
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Finance & Banking
African Banker Awards 2023 winners announced as Co-operative Bank of Kenya boss excels
El SHEIKH – The African Banker Awards 2023 Gala Ceremony, the most prestigious event in the African banking calendar, took place last night at the Rixos Hotel in Sharm El Sheikh, Egypt…
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