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Development
KCCA needs Shs 800bln annually to work on roads, says minister Kabuye
KAMPALA-Kampala City requires a 10-year master plan with funding estimated at Shs 800 billion annually to revamp roads and drainage infrastructure, according to State Minister for Kampala Capital City and Metropolitan Affairs,…
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Environment
NFA to get extra Shs 4bln for tree seedlings
KAMPALA-The Committee on Environment and Natural Resources has recommended that the National Forestry Authority [ NFA ] is allocated an additional Shs4 billion in the next financial year to procure tree seedlings.…
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Development
Tax revenue collection: URA misses target by Shs 252bln in March
KAMPALA-The Uganda Revenue Authority [URA] which collects tax revenue on behalf of the central government missed the Shs 2 trillion target in March 2023, by about Shs 252bln, according to the latest…
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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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