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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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News
Uganda’s December 2022 coffee exports drop 22 percent
KAMPALA-Compared to the same month last year, Uganda’s coffee exports in December 2022 declined by 22 percent to 418,829 bags, earning the country US$ 59.54 million, says Uganda Coffee Development Authority [UCDA].…
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Agriculture
Norway earmarks US$ 10.15mln for fertiliser supply in Uganda, others
KAMPALA-The Africa Fertiliser Financing Mechanism [AFFM] has received US$ 10.15 million in new funding from the Norwegian Agency for Development Cooperation [NORAD]. The financing will target projects in Uganda, Kenya and Mozambique,…
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International
ICA hunts for new office bearer to replace Bruno Roelants
KAMPALA-The International Cooperative Alliance [ICA] has announced on its website that it is in the process of recruiting a new director general to replace Bruno Roelants who is poised to retire soon…
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Africa
AfDB to launch inaugural Africa’s Macro-Economic Performance and Outlook report
The African Development Bank [AfDB] Group will launch the inaugural edition of Africa’s Macro-economic Performance and Outlook [MEO] report on January 19, 2023, at its Abidjan Headquarters, according to Emeka Anuforo, the…
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East Africa
Intra-EAC trade hits US$ 10 billion mark
KAMPALA-Intra-regional trade within the East African Community [EAC] is on an upward trajectory, standing at US$ 10.17 billion in September 2022. The intra-EAC trade, accounting for imports and exports in the seven…
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